HighTower Advisors LLC Cuts Position in Harbor Long-Short Equity ETF (NYSEARCA:LSEQ)

HighTower Advisors LLC decreased its position in Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) by 3.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 175,670 shares of the company’s stock after selling 5,828 shares during the quarter. HighTower Advisors LLC owned about 0.32% of Harbor Long-Short Equity ETF worth $4,756,000 at the end of the most recent reporting period.

Separately, Proficio Capital Partners LLC bought a new stake in Harbor Long-Short Equity ETF in the fourth quarter worth $594,000.

Harbor Long-Short Equity ETF Stock Up 0.2 %

Harbor Long-Short Equity ETF stock opened at $28.52 on Thursday. Harbor Long-Short Equity ETF has a 52-week low of $25.37 and a 52-week high of $29.59. The firm’s fifty day moving average is $28.39 and its 200 day moving average is $28.09. The company has a market cap of $19.96 million, a price-to-earnings ratio of 23.79 and a beta of 0.46.

Harbor Long-Short Equity ETF Profile

The Harbor Long-Short Equity ETF (LSEQ) is an exchange-traded fund that is based on the HFRX Equity Hedge index. The fund is actively managed, seeking long-term capital growth. The portfolio will generally be 40%-60% net long in equity securities, with the possibility of extending to 150% long LSEQ was launched on Dec 4, 2023 and is issued by Harbor.