AltShares Event-Driven ETF $EVNT Holdings Lifted by Sonoma Allocations LLC

Sonoma Allocations LLC increased its position in shares of AltShares Event-Driven ETF (NYSEARCA:EVNT) by 22.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 425,333 shares of the company’s stock after acquiring an additional 76,878 shares during the period. AltShares Event-Driven ETF makes up about 1.7% of Sonoma Allocations LLC’s investment portfolio, making the stock its 15th largest position. Sonoma Allocations LLC owned approximately 41.29% of AltShares Event-Driven ETF worth $4,996,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC bought a new position in shares of AltShares Event-Driven ETF during the 1st quarter valued at about $295,000.

AltShares Event-Driven ETF Price Performance

Shares of EVNT opened at $12.20 on Friday. The firm’s 50 day moving average is $12.07 and its 200-day moving average is $11.86. AltShares Event-Driven ETF has a 12-month low of $10.35 and a 12-month high of $13.54. The stock has a market capitalization of $13.05 million, a P/E ratio of 18.53 and a beta of 0.31.

About AltShares Event-Driven ETF

The AltShares Event-Driven ETF (EVNT) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively managed fund that provides long and short exposure to equity and debt securities of companies believed to be impacted by an announced or anticipated corporate event. EVNT was launched on Dec 31, 2014 and is managed by Altshares.