WorthPointe LLC Purchases New Position in American Conservative Values ETF $ACVF

WorthPointe LLC purchased a new stake in American Conservative Values ETF (NYSEARCA:ACVF) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 95,883 shares of the company’s stock, valued at approximately $4,736,000. American Conservative Values ETF comprises approximately 1.2% of WorthPointe LLC’s portfolio, making the stock its 19th largest holding. WorthPointe LLC owned about 3.45% of American Conservative Values ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Great Waters Wealth Management lifted its position in American Conservative Values ETF by 11.8% in the third quarter. Great Waters Wealth Management now owns 6,649 shares of the company’s stock valued at $328,000 after acquiring an additional 702 shares during the last quarter. Encompass More Asset Management increased its stake in American Conservative Values ETF by 22.3% in the third quarter. Encompass More Asset Management now owns 25,979 shares of the company’s stock valued at $1,281,000 after purchasing an additional 4,743 shares during the period. AE Wealth Management LLC increased its stake in American Conservative Values ETF by 42.8% in the third quarter. AE Wealth Management LLC now owns 31,557 shares of the company’s stock valued at $1,556,000 after purchasing an additional 9,464 shares during the period. Victory Financial Group LLC increased its stake in American Conservative Values ETF by 3.6% in the fourth quarter. Victory Financial Group LLC now owns 5,862 shares of the company’s stock valued at $290,000 after purchasing an additional 201 shares during the period. Finally, MML Investors Services LLC increased its stake in American Conservative Values ETF by 0.9% in the second quarter. MML Investors Services LLC now owns 29,861 shares of the company’s stock valued at $1,408,000 after purchasing an additional 258 shares during the period.

American Conservative Values ETF Stock Performance

NYSEARCA ACVF opened at $50.68 on Thursday. The firm has a market cap of $140.89 million, a PE ratio of 25.85 and a beta of 0.96. American Conservative Values ETF has a one year low of $39.38 and a one year high of $50.71. The firm’s fifty day moving average is $49.16 and its two-hundred day moving average is $49.33.

American Conservative Values ETF Company 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.