Advantage Trust Co Purchases Shares of 61,467 Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG)

Advantage Trust Co purchased a new stake in shares of Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 61,467 shares of the company’s stock, valued at approximately $2,203,000. Defiance Next Gen Connectivity ETF makes up 1.7% of Advantage Trust Co’s investment portfolio, making the stock its 15th largest position. Advantage Trust Co owned approximately 0.32% of Defiance Next Gen Connectivity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FIVG. First Command Advisory Services Inc. purchased a new position in Defiance Next Gen Connectivity ETF in the 3rd quarter worth approximately $80,000. NBC Securities Inc. purchased a new position in Defiance Next Gen Connectivity ETF in the third quarter worth $59,000. Planned Solutions Inc. bought a new position in Defiance Next Gen Connectivity ETF in the fourth quarter valued at $31,000. Finally, Anchor Investment Management LLC purchased a new stake in Defiance Next Gen Connectivity ETF during the fourth quarter valued at about $27,000.

Defiance Next Gen Connectivity ETF Trading Up 0.5 %

Shares of FIVG traded up $0.19 during midday trading on Friday, reaching $37.85. The stock had a trading volume of 17,391 shares, compared to its average volume of 51,245. The company has a market capitalization of $548.83 million, a price-to-earnings ratio of 22.54 and a beta of 1.36. The company’s 50-day moving average is $38.16 and its 200 day moving average is $35.86. Defiance Next Gen Connectivity ETF has a 12-month low of $28.75 and a 12-month high of $40.69.

Defiance Next Gen Connectivity ETF Company Profile

The Defiance 5G Next Gen Connectivity ETF (FIVG) is an exchange-traded fund that is based on the MVIS Bluestar 5G Communications index. The fund tracks a tier-weighted index of global equities related to 5G networks. FIVG was launched on Mar 4, 2019 and is managed by Defiance.