International Assets Investment Management LLC Buys New Position in Impact Shares NAACP Minority Empowerment ETF (NYSEARCA:NACP)

International Assets Investment Management LLC bought a new stake in shares of Impact Shares NAACP Minority Empowerment ETF (NYSEARCA:NACP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 147,082 shares of the company’s stock, valued at approximately $4,995,000. International Assets Investment Management LLC owned approximately 10.36% of Impact Shares NAACP Minority Empowerment ETF at the end of the most recent reporting period.

Separately, Equita Financial Network Inc. acquired a new position in Impact Shares NAACP Minority Empowerment ETF during the 3rd quarter worth approximately $346,000.

Impact Shares NAACP Minority Empowerment ETF Stock Performance

NACP stock opened at $37.78 on Thursday. The stock’s 50 day simple moving average is $37.52 and its 200 day simple moving average is $35.03. Impact Shares NAACP Minority Empowerment ETF has a fifty-two week low of $28.83 and a fifty-two week high of $38.45. The company has a market cap of $44.58 million, a P/E ratio of 25.22 and a beta of 1.01.

Impact Shares NAACP Minority Empowerment ETF Company Profile

The Impact Shares NAACP Minority Empowerment ETF (NACP) is an exchange-traded fund that is based on the Morningstar Minority Empowerment index. The fund tracks an index of US large- and mid-cap companies selected and weighted based on social criteria as defined by the NAACP. NACP was launched on Jul 18, 2018 and is managed by Impact Shares.