WorthPointe LLC Acquires Shares of 95,883 American Conservative Values ETF $ACVF

WorthPointe LLC acquired a new stake in American Conservative Values ETF (NYSEARCA:ACVF) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 95,883 shares of the company’s stock, valued at approximately $4,736,000. American Conservative Values ETF accounts for 1.2% of WorthPointe LLC’s investment portfolio, making the stock its 19th biggest position.

A number of other institutional investors also recently bought and sold shares of the business. AE Wealth Management LLC increased its stake in American Conservative Values ETF by 42.8% in the third quarter. AE Wealth Management LLC now owns 31,557 shares of the company’s stock valued at $1,556,000 after purchasing an additional 9,464 shares during the period. MML Investors Services LLC increased its stake in American Conservative Values ETF by 0.9% in the second quarter. MML Investors Services LLC now owns 29,861 shares of the company’s stock valued at $1,408,000 after purchasing an additional 258 shares during the period. Encompass More Asset Management increased its stake in American Conservative Values ETF by 22.3% in the third quarter. Encompass More Asset Management now owns 25,979 shares of the company’s stock valued at $1,281,000 after purchasing an additional 4,743 shares during the period. Brookstone Capital Management increased its stake in shares of American Conservative Values ETF by 4.2% during the fourth quarter. Brookstone Capital Management now owns 24,514 shares of the company’s stock worth $1,211,000 after acquiring an additional 986 shares during the period. Finally, Clear Creek Financial Management LLC increased its stake in shares of American Conservative Values ETF by 4.5% during the fourth quarter. Clear Creek Financial Management LLC now owns 11,856 shares of the company’s stock worth $586,000 after acquiring an additional 515 shares during the period.

American Conservative Values ETF Stock Up 0.8%

Shares of American Conservative Values ETF stock opened at $50.68 on Thursday. American Conservative Values ETF has a 52-week low of $39.38 and a 52-week high of $50.71. The company’s 50-day simple moving average is $49.16 and its 200-day simple moving average is $49.33. The firm has a market cap of $140.89 million, a price-to-earnings ratio of 25.85 and a beta of 0.96.

About American Conservative Values ETF

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.