Parnassus Core Select ETF $PRCS Shares Purchased by SOL Capital Management CO

SOL Capital Management CO increased its holdings in shares of Parnassus Core Select ETF (NYSEARCA:PRCS) by 68.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 97,694 shares of the company’s stock after buying an additional 39,669 shares during the period. SOL Capital Management CO’s holdings in Parnassus Core Select ETF were worth $2,557,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Insights Inc. acquired a new position in shares of Parnassus Core Select ETF in the second quarter worth $2,455,000. Goldman Sachs Group Inc. purchased a new position in Parnassus Core Select ETF in the first quarter valued at $625,000. Ethic Inc. acquired a new position in Parnassus Core Select ETF during the 2nd quarter worth $653,000. Finally, Natural Investments LLC increased its holdings in Parnassus Core Select ETF by 22.9% during the 2nd quarter. Natural Investments LLC now owns 11,776 shares of the company’s stock worth $299,000 after purchasing an additional 2,196 shares during the period.

Parnassus Core Select ETF Price Performance

PRCS stock opened at $27.57 on Friday. The business’s 50-day moving average is $26.87 and its two-hundred day moving average is $26.34. The firm has a market capitalization of $102.01 million, a P/E ratio of 31.55 and a beta of 1.07. Parnassus Core Select ETF has a 1 year low of $20.38 and a 1 year high of $27.83.

About Parnassus Core Select ETF

The Parnassus Core Select ETF (PRCS) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in a concentrated portfolio of 20-30 large-cap US equity securities. The fund focuses on both value and growth stocks, emphasizing strong financials and sustainable business practices while seeking to minimize exposure to market risk PRCS was launched on Dec 12, 2024 and is issued by Parnassus Investments.