Commonwealth Equity Services LLC Purchases 2,595 Shares of American Conservative Values ETF (NYSEARCA:ACVF)

Commonwealth Equity Services LLC grew its holdings in American Conservative Values ETF (NYSEARCA:ACVF) by 6.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 40,288 shares of the company’s stock after acquiring an additional 2,595 shares during the quarter. Commonwealth Equity Services LLC’s holdings in American Conservative Values ETF were worth $1,761,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Great Waters Wealth Management acquired a new stake in American Conservative Values ETF in the 4th quarter worth about $260,000. Raymond James Financial Inc. bought a new position in shares of American Conservative Values ETF during the fourth quarter worth approximately $352,000. Integrated Wealth Concepts LLC acquired a new stake in shares of American Conservative Values ETF in the third quarter valued at approximately $451,000. Private Advisor Group LLC boosted its stake in shares of American Conservative Values ETF by 59.8% in the fourth quarter. Private Advisor Group LLC now owns 12,338 shares of the company’s stock valued at $539,000 after buying an additional 4,618 shares during the period. Finally, Encompass More Asset Management acquired a new stake in American Conservative Values ETF during the fourth quarter worth approximately $668,000.

American Conservative Values ETF Price Performance

American Conservative Values ETF stock opened at $42.52 on Friday. The firm has a market cap of $116.08 million, a PE ratio of 24.74 and a beta of 0.98. The stock’s fifty day moving average price is $44.44 and its two-hundred day moving average price is $44.38. American Conservative Values ETF has a one year low of $37.81 and a one year high of $46.10.

American Conservative Values ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were given a $0.0705 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This is a boost from American Conservative Values ETF’s previous dividend of $0.07.

American Conservative Values ETF Profile

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.