Signal Advisors Wealth LLC purchased a new position in shares of Pinnacle Focused Opportunities ETF (NYSEARCA:FCUS – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,543 shares of the company’s stock, valued at approximately $827,000. Signal Advisors Wealth LLC owned 0.91% of Pinnacle Focused Opportunities ETF as of its most recent SEC filing.
Separately, Walker Asset Management LLC boosted its holdings in shares of Pinnacle Focused Opportunities ETF by 71.6% during the second quarter. Walker Asset Management LLC now owns 39,942 shares of the company’s stock worth $1,791,000 after purchasing an additional 16,662 shares during the last quarter.
Pinnacle Focused Opportunities ETF Stock Down 1.9%
Shares of NYSEARCA:FCUS opened at $40.29 on Friday. The company has a market cap of $86.62 million, a P/E ratio of 38.49 and a beta of 1.69. Pinnacle Focused Opportunities ETF has a 52 week low of $28.33 and a 52 week high of $47.49. The business has a fifty day simple moving average of $39.73 and a 200-day simple moving average of $40.53.
About Pinnacle Focused Opportunities ETF
The Pinnacle Focused Opportunities ETF (FCUS) is an exchange-traded fund that is based on the EQM Pinnacle Focused Equity index. The fund is an actively managed fund that toggles between large-cap equities and Treasurys, or a combination of both, based on a proprietary model that identifies positive and negative market signals in the US equity market. FCUS was launched on Dec 29, 2022 and is managed by Pinnacle.
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