Truist Financial Corp Makes New Investment in ERShares Private-Public Crossover ETF (NASDAQ:XOVR)

Truist Financial Corp bought a new stake in shares of ERShares Private-Public Crossover ETF (NASDAQ:XOVR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 14,249 shares of the company’s stock, valued at approximately $257,000.

Several other large investors have also modified their holdings of XOVR. American Capital Advisory LLC bought a new position in shares of ERShares Private-Public Crossover ETF during the fourth quarter valued at approximately $36,000. ETF Store Inc. purchased a new stake in ERShares Private-Public Crossover ETF during the third quarter worth $576,000. Finally, Fortress Wealth Management Inc. lifted its holdings in ERShares Private-Public Crossover ETF by 19.7% during the fourth quarter. Fortress Wealth Management Inc. now owns 322,954 shares of the company’s stock worth $5,816,000 after buying an additional 53,131 shares during the period.

ERShares Private-Public Crossover ETF Price Performance

Shares of NASDAQ:XOVR opened at $17.22 on Thursday. The stock has a market cap of $272.08 million, a P/E ratio of 41.26 and a beta of 1.06. ERShares Private-Public Crossover ETF has a 12-month low of $11.97 and a 12-month high of $19.59. The firm has a fifty day moving average of $18.57.

ERShares Private-Public Crossover ETF Profile

The ERShares Private-Public Crossover ETF (XOVR) is an exchange-traded fund that is based on the Entrepreneur 30 index. The fund provides exposure to a narrow index of US large-cap growth stocks. The top 30 most entrepreneurial stocks, either public or private, are selected based on a proprietary measurement XOVR was launched on Nov 7, 2017 and is issued by ERShares.