Signal Advisors Wealth LLC acquired a new position in shares of Pinnacle Focused Opportunities ETF (NYSEARCA:FCUS – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 19,543 shares of the company’s stock, valued at approximately $827,000.
Separately, Walker Asset Management LLC increased its position in shares of Pinnacle Focused Opportunities ETF by 9.2% in the third quarter. Walker Asset Management LLC now owns 43,607 shares of the company’s stock worth $1,844,000 after acquiring an additional 3,665 shares in the last quarter.
Pinnacle Focused Opportunities ETF Stock Down 1.9%
Pinnacle Focused Opportunities ETF stock opened at $40.29 on Friday. The firm has a fifty day moving average of $39.73 and a 200-day moving average of $40.53. Pinnacle Focused Opportunities ETF has a 52-week low of $28.33 and a 52-week high of $47.49. The firm has a market capitalization of $86.62 million, a P/E ratio of 38.49 and a beta of 1.69.
Pinnacle Focused Opportunities ETF Profile
The Pinnacle Focused Opportunities ETF (FCUS) is an exchange-traded fund that is based on the EQM Pinnacle Focused Equity index. The fund is an actively managed fund that toggles between large-cap equities and Treasurys, or a combination of both, based on a proprietary model that identifies positive and negative market signals in the US equity market. FCUS was launched on Dec 29, 2022 and is managed by Pinnacle.
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