Longview Advantage ETF (NASDAQ:EBI) Shares Up 0.5% – Time to Buy?

Shares of Longview Advantage ETF (NASDAQ:EBI) shot up 0.5% on Friday . The stock traded as high as $55.08 and last traded at $55.08. 4,787 shares changed hands during trading, a decline of 65% from the average session volume of 13,724 shares. The stock had previously closed at $54.78.

Longview Advantage ETF Trading Up 0.5%

The stock has a market cap of $556.31 million, a P/E ratio of 17.22 and a beta of 1.07. The firm has a 50-day simple moving average of $54.60 and a two-hundred day simple moving average of $51.77.

Institutional Trading of Longview Advantage ETF

A hedge fund recently bought a new stake in Longview Advantage ETF stock. Mosaic Family Wealth Partners LLC bought a new position in shares of Longview Advantage ETF (NASDAQ:EBI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 69,619 shares of the company’s stock, valued at approximately $3,542,000. Mosaic Family Wealth Partners LLC owned approximately 0.70% of Longview Advantage ETF as of its most recent SEC filing.

About Longview Advantage ETF

The Longview Advantage ETF (EBI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US companies selected for their high profitability-to-value ratio. EBI was launched on Feb 25, 2025 and is issued by Longview.