Saba Closed-End Funds ETF $CEFS Shares Acquired by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC increased its stake in shares of Saba Closed-End Funds ETF (BATS:CEFS) by 6.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 382,742 shares of the company’s stock after buying an additional 24,412 shares during the quarter. New England Private Wealth Advisors LLC owned about 2.88% of Saba Closed-End Funds ETF worth $8,818,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Columbus Macro LLC grew its holdings in shares of Saba Closed-End Funds ETF by 3,216.5% during the fourth quarter. Columbus Macro LLC now owns 246,616 shares of the company’s stock valued at $5,682,000 after buying an additional 239,180 shares during the last quarter. AdvisorNet Financial Inc grew its holdings in shares of Saba Closed-End Funds ETF by 42.0% during the fourth quarter. AdvisorNet Financial Inc now owns 275,727 shares of the company’s stock valued at $6,353,000 after buying an additional 81,559 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Saba Closed-End Funds ETF by 9,861.0% during the fourth quarter. Farther Finance Advisors LLC now owns 316,162 shares of the company’s stock valued at $7,284,000 after buying an additional 312,988 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Saba Closed-End Funds ETF by 11.4% during the third quarter. Envestnet Asset Management Inc. now owns 266,958 shares of the company’s stock valued at $6,079,000 after buying an additional 27,392 shares during the last quarter. Finally, Ares Financial Consulting LLC purchased a new stake in shares of Saba Closed-End Funds ETF during the fourth quarter valued at $846,000.

Saba Closed-End Funds ETF Price Performance

Shares of CEFS opened at $25.46 on Friday. The firm has a market capitalization of $338.62 million, a PE ratio of 21.88 and a beta of 0.72. Saba Closed-End Funds ETF has a 1-year low of $21.85 and a 1-year high of $25.67. The company’s fifty day moving average price is $24.57 and its 200-day moving average price is $23.52.

Saba Closed-End Funds ETF Profile

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk. CEFS was launched on Mar 21, 2017 and is managed by Saba.