74,843 Shares in Acruence Active Hedge U.S. Equity ETF (BATS:XVOL) Bought by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC purchased a new position in shares of Acruence Active Hedge U.S. Equity ETF (BATS:XVOL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 74,843 shares of the company’s stock, valued at approximately $1,535,000. Kingswood Wealth Advisors LLC owned approximately 23.03% of Acruence Active Hedge U.S. Equity ETF at the end of the most recent quarter.

Acruence Active Hedge U.S. Equity ETF Stock Performance

BATS:XVOL traded down $0.04 during trading on Wednesday, reaching $21.16. The company’s stock had a trading volume of 5,025 shares. The company has a market capitalization of $6.88 million, a price-to-earnings ratio of 22.34 and a beta of 0.83. The company has a 50 day simple moving average of $20.73 and a 200 day simple moving average of $20.08.

Acruence Active Hedge U.S. Equity ETF Company Profile

The Acruence Active Hedge U.S. Equity ETF (XVOL) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks capital growth with reduced volatility as compared to the S&P 500 by purchasing options contracts on the VIX Index. XVOL was launched on Apr 22, 2021 and is managed by Acruence.