LeaderShares Equity Skew ETF (NYSEARCA:SQEW) Holdings Cut by Redwood Investment Management LLC

Redwood Investment Management LLC lowered its position in LeaderShares Equity Skew ETF (NYSEARCA:SQEW) by 13.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,287,278 shares of the company’s stock after selling 192,321 shares during the quarter. LeaderShares Equity Skew ETF accounts for approximately 4.2% of Redwood Investment Management LLC’s holdings, making the stock its 3rd biggest holding. Redwood Investment Management LLC owned about 0.34% of LeaderShares Equity Skew ETF worth $43,317,000 at the end of the most recent quarter.

Separately, OLD Mission Capital LLC raised its position in shares of LeaderShares Equity Skew ETF by 207.0% in the 4th quarter. OLD Mission Capital LLC now owns 20,132 shares of the company’s stock valued at $677,000 after purchasing an additional 13,575 shares in the last quarter.

LeaderShares Equity Skew ETF Trading Down 0.3%

LeaderShares Equity Skew ETF stock opened at $31.87 on Thursday. LeaderShares Equity Skew ETF has a 52 week low of $27.15 and a 52 week high of $38.94. The stock has a market cap of $63.10 million, a P/E ratio of 18.42 and a beta of 0.93. The stock has a 50 day moving average of $30.56 and a 200-day moving average of $33.21.

About LeaderShares Equity Skew ETF

The LeaderShares Equity Skew ETF (SQEW) is an exchange-traded fund that is based on the FTSE Global All Cap index. The fund is an actively managed fund that invests in global equities. The fund weights companies based on quantitative factors including statistical skew. SQEW was launched on May 12, 2020 and is managed by LeaderShares.