AltShares Event-Driven ETF $EVNT Shares Acquired by Sonoma Allocations LLC

Sonoma Allocations LLC lifted its stake in shares of AltShares Event-Driven ETF (NYSEARCA:EVNT) by 129.6% during the 4th quarter, Holdings Channel reports. The fund owned 348,455 shares of the company’s stock after buying an additional 196,657 shares during the quarter. AltShares Event-Driven ETF comprises 1.4% of Sonoma Allocations LLC’s portfolio, making the stock its 18th largest holding. Sonoma Allocations LLC owned 0.40% of AltShares Event-Driven ETF worth $4,053,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC purchased a new stake in shares of AltShares Event-Driven ETF in the first quarter valued at about $295,000.

AltShares Event-Driven ETF Stock Performance

Shares of EVNT opened at $12.00 on Friday. AltShares Event-Driven ETF has a 12-month low of $10.35 and a 12-month high of $13.54. The firm has a market capitalization of $12.36 million, a P/E ratio of 18.53 and a beta of 0.32. The firm has a 50-day moving average price of $11.90 and a 200 day moving average price of $11.77.

AltShares Event-Driven ETF Company Profile

The AltShares Event-Driven ETF (EVNT) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively managed fund that provides long and short exposure to equity and debt securities of companies believed to be impacted by an announced or anticipated corporate event. EVNT was launched on Dec 31, 2014 and is managed by Altshares.