Mascagni Wealth Management Inc. Invests $30,000 in Timothy Plan Market Neutral ETF (NYSEARCA:TPMN)

Mascagni Wealth Management Inc. acquired a new position in Timothy Plan Market Neutral ETF (NYSEARCA:TPMN) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,256 shares of the company’s stock, valued at approximately $30,000.

Separately, Jane Street Group LLC purchased a new stake in shares of Timothy Plan Market Neutral ETF during the fourth quarter valued at approximately $356,000.

Timothy Plan Market Neutral ETF Trading Down 0.1%

Shares of TPMN opened at $24.30 on Friday. The company has a market capitalization of $31.59 million, a price-to-earnings ratio of 18.14 and a beta of -0.23. The stock has a 50 day moving average of $24.11 and a 200 day moving average of $23.82. Timothy Plan Market Neutral ETF has a 12 month low of $23.24 and a 12 month high of $25.43.

Timothy Plan Market Neutral ETF Profile

The Timothy Plan Market Neutral ETF (TPMN) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund seeks to provide high current income by holding dividend-producing equities screened for biblically responsible investing (BRI) criteria. The actively managed fund utilizes a market neutral strategy on its equity portfolio by holding long and short positions in broad equity index futures.