HighTower Advisors LLC Acquires 30,137 Shares of Parnassus Core Select ETF $PRCS

HighTower Advisors LLC increased its holdings in Parnassus Core Select ETF (NYSEARCA:PRCS) by 114.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,532 shares of the company’s stock after acquiring an additional 30,137 shares during the quarter. HighTower Advisors LLC’s holdings in Parnassus Core Select ETF were worth $1,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Allegheny Financial Group increased its stake in Parnassus Core Select ETF by 313.7% during the 4th quarter. Allegheny Financial Group now owns 139,546 shares of the company’s stock valued at $3,748,000 after purchasing an additional 105,811 shares in the last quarter. SOL Capital Management CO increased its stake in Parnassus Core Select ETF by 48.5% during the 4th quarter. SOL Capital Management CO now owns 145,049 shares of the company’s stock valued at $3,896,000 after purchasing an additional 47,355 shares in the last quarter. Avalon Trust Co increased its stake in Parnassus Core Select ETF by 50.0% during the 3rd quarter. Avalon Trust Co now owns 1,200 shares of the company’s stock valued at $31,000 after purchasing an additional 400 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new stake in Parnassus Core Select ETF during the 1st quarter valued at about $625,000.

Parnassus Core Select ETF Stock Performance

NYSEARCA:PRCS opened at $27.76 on Wednesday. The firm has a market cap of $152.68 million, a P/E ratio of 31.55 and a beta of 0.98. Parnassus Core Select ETF has a fifty-two week low of $24.22 and a fifty-two week high of $28.24. The firm has a 50-day simple moving average of $26.79 and a two-hundred day simple moving average of $26.79.

Parnassus Core Select ETF Company Profile

The Parnassus Core Select ETF (PRCS) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in a concentrated portfolio of 20-30 large-cap US equity securities. The fund focuses on both value and growth stocks, emphasizing strong financials and sustainable business practices while seeking to minimize exposure to market risk PRCS was launched on Dec 12, 2024 and is issued by Parnassus Investments.