Colorado Capital Management Inc. Invests $6.07 Million in Stance Sustainable Beta ETF (NASDAQ:STSB)

Colorado Capital Management Inc. acquired a new position in Stance Sustainable Beta ETF (NASDAQ:STSB) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 127,439 shares of the company’s stock, valued at approximately $6,071,000. Stance Sustainable Beta ETF makes up about 2.8% of Colorado Capital Management Inc.’s holdings, making the stock its 10th largest holding. Colorado Capital Management Inc. owned about 19.02% of Stance Sustainable Beta ETF as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in STSB. Natural Investments LLC purchased a new position in Stance Sustainable Beta ETF during the fourth quarter worth $6,819,000. Jane Street Group LLC acquired a new stake in shares of Stance Sustainable Beta ETF during the fourth quarter valued at $585,000. Finally, Private Advisor Group LLC purchased a new stake in Stance Sustainable Beta ETF during the 4th quarter worth about $3,274,000.

Stance Sustainable Beta ETF Trading Down 5.5%

NASDAQ:STSB opened at $21.66 on Wednesday. The firm has a market cap of $14.51 million and a price-to-earnings ratio of 26.43. The company’s 50-day moving average is $21.66 and its two-hundred day moving average is $23.61. Stance Sustainable Beta ETF has a 12-month low of $21.66 and a 12-month high of $26.47.

About Stance Sustainable Beta ETF

The Stance Sustainable Beta ETF (STSB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of approximately 100 US large-cap stocks screened based on various ESG indicators. The objective is to provide long-term growth by investing in companies with high ESG standards.