OLD Mission Capital LLC boosted its stake in shares of Pinnacle Focused Opportunities ETF (NYSEARCA:FCUS – Free Report) by 128.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,646 shares of the company’s stock after acquiring an additional 13,280 shares during the period. OLD Mission Capital LLC owned 2.25% of Pinnacle Focused Opportunities ETF worth $680,000 at the end of the most recent reporting period.
Separately, Farther Finance Advisors LLC increased its position in shares of Pinnacle Focused Opportunities ETF by 41.2% in the fourth quarter. Farther Finance Advisors LLC now owns 108,027 shares of the company’s stock worth $3,108,000 after purchasing an additional 31,538 shares during the period.
Pinnacle Focused Opportunities ETF Stock Down 8.6 %
FCUS opened at $20.31 on Friday. The stock has a market capitalization of $30.06 million, a price-to-earnings ratio of 26.67 and a beta of 1.75. Pinnacle Focused Opportunities ETF has a twelve month low of $20.20 and a twelve month high of $38.02. The company has a 50-day simple moving average of $27.60 and a 200 day simple moving average of $29.91.
Pinnacle Focused Opportunities ETF Company Profile
The Pinnacle Focused Opportunities ETF (FCUS) is an exchange-traded fund that is based on the EQM Pinnacle Focused Equity index. The fund is an actively managed fund that toggles between large-cap equities and Treasurys, or a combination of both, based on a proprietary model that identifies positive and negative market signals in the US equity market.
See Also
- Five stocks we like better than Pinnacle Focused Opportunities ETF
- What Are Treasury Bonds?
- Archer Aviation’s Africa Deal Could Boost ACHR Stock
- Bank Stocks – Best Bank Stocks to Invest In
- Are Short Sellers Wrong About These 3 Semiconductor Stocks?
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?
Want to see what other hedge funds are holding FCUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pinnacle Focused Opportunities ETF (NYSEARCA:FCUS – Free Report).
Receive News & Ratings for Pinnacle Focused Opportunities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Focused Opportunities ETF and related companies with MarketBeat.com's FREE daily email newsletter.