70,509 Shares in ERShares Private-Public Crossover ETF $XOVR Acquired by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC purchased a new position in ERShares Private-Public Crossover ETF (NASDAQ:XOVR) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 70,509 shares of the company’s stock, valued at approximately $1,484,000.

A number of other hedge funds have also recently added to or reduced their stakes in XOVR. Jain Global LLC bought a new position in shares of ERShares Private-Public Crossover ETF in the 4th quarter worth $40,280,000. Raymond James Financial Inc. increased its stake in ERShares Private-Public Crossover ETF by 276.7% during the 3rd quarter. Raymond James Financial Inc. now owns 662,089 shares of the company’s stock valued at $13,983,000 after purchasing an additional 486,325 shares in the last quarter. LPL Financial LLC raised its holdings in ERShares Private-Public Crossover ETF by 98.2% during the fourth quarter. LPL Financial LLC now owns 160,209 shares of the company’s stock worth $3,227,000 after buying an additional 79,368 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of ERShares Private-Public Crossover ETF by 31.1% in the first quarter. Cetera Investment Advisers now owns 128,874 shares of the company’s stock valued at $2,177,000 after buying an additional 30,595 shares in the last quarter. Finally, Waverly Advisors LLC lifted its stake in shares of ERShares Private-Public Crossover ETF by 105.8% in the first quarter. Waverly Advisors LLC now owns 64,851 shares of the company’s stock valued at $1,095,000 after buying an additional 33,344 shares in the last quarter.

ERShares Private-Public Crossover ETF Price Performance

Shares of NASDAQ XOVR opened at $20.58 on Thursday. The stock has a market capitalization of $1.91 billion, a P/E ratio of 36.57 and a beta of 1.28. The company has a 50-day moving average price of $20.11 and a 200-day moving average price of $19.12. ERShares Private-Public Crossover ETF has a 1 year low of $16.37 and a 1 year high of $21.78.

ERShares Private-Public Crossover ETF Profile

The ERShares Private-Public Crossover ETF (XOVR) is an exchange-traded fund that is based on the Entrepreneur 30 index. The fund provides exposure to a narrow index of US large-cap growth stocks. The top 30 most entrepreneurial stocks, either public or private, are selected based on a proprietary measurement XOVR was launched on Nov 7, 2017 and is issued by ERShares.