14,390 Shares of American Conservative Values ETF $ACVF Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC bought a new stake in American Conservative Values ETF (NYSEARCA:ACVF) during the third quarter, Holdings Channel.com reports. The institutional investor bought 14,390 shares of the company’s stock, valued at approximately $783,000.

A number of other large investors also recently bought and sold shares of the stock. Brookstone Capital Management purchased a new position in American Conservative Values ETF during the third quarter worth about $732,000. Encompass More Asset Management increased its position in shares of American Conservative Values ETF by 19.2% during the third quarter. Encompass More Asset Management now owns 53,599 shares of the company’s stock valued at $2,917,000 after acquiring an additional 8,633 shares during the last quarter. Howard Capital Management LLC raised its stake in shares of American Conservative Values ETF by 5.6% in the 3rd quarter. Howard Capital Management LLC now owns 86,421 shares of the company’s stock valued at $4,703,000 after acquiring an additional 4,598 shares during the period. YANKCOM Partnership purchased a new stake in shares of American Conservative Values ETF in the 3rd quarter valued at approximately $102,000. Finally, Community Financial Services Group LLC purchased a new stake in shares of American Conservative Values ETF in the 3rd quarter valued at approximately $31,000.

American Conservative Values ETF Stock Performance

Shares of ACVF stock opened at $55.56 on Thursday. The firm’s 50 day moving average price is $55.12 and its 200-day moving average price is $52.60. American Conservative Values ETF has a one year low of $46.50 and a one year high of $56.90. The firm has a market cap of $155.57 million, a P/E ratio of 25.85 and a beta of 0.95.

American Conservative Values ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Wednesday, September 23rd were issued a $0.0557 dividend. This is a drop from American Conservative Values ETF’s previous quarterly dividend of $0.0673. The ex-dividend date was Wednesday, September 23rd. This represents a $0.22 annualized dividend and a yield of 0.4%.

About American Conservative Values ETF

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.