D.A. Davidson & CO. Makes New $1.54 Million Investment in ERShares Private-Public Crossover ETF $XOVR

D.A. Davidson & CO. bought a new position in ERShares Private-Public Crossover ETF (NASDAQ:XOVR) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 76,579 shares of the company’s stock, valued at approximately $1,542,000.

Other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC lifted its holdings in shares of ERShares Private-Public Crossover ETF by 189.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,260 shares of the company’s stock worth $27,000 after buying an additional 824 shares during the period. Ransom Advisory Ltd purchased a new stake in shares of ERShares Private-Public Crossover ETF in the 4th quarter worth $30,000. CWM LLC lifted its holdings in shares of ERShares Private-Public Crossover ETF by 58.0% in the 3rd quarter. CWM LLC now owns 2,146 shares of the company’s stock worth $45,000 after buying an additional 788 shares during the period. Group One Trading LLC lifted its holdings in shares of ERShares Private-Public Crossover ETF by 2,542.0% in the 3rd quarter. Group One Trading LLC now owns 2,642 shares of the company’s stock worth $56,000 after buying an additional 2,542 shares during the period. Finally, Western Pacific Wealth Management LP lifted its holdings in shares of ERShares Private-Public Crossover ETF by 436.8% in the 3rd quarter. Western Pacific Wealth Management LP now owns 3,221 shares of the company’s stock worth $68,000 after buying an additional 2,621 shares during the period.

ERShares Private-Public Crossover ETF Trading Up 1.1%

Shares of XOVR stock opened at $18.71 on Friday. ERShares Private-Public Crossover ETF has a twelve month low of $16.37 and a twelve month high of $21.78. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 36.57 and a beta of 1.26. The stock has a fifty day simple moving average of $17.55 and a two-hundred day simple moving average of $19.03.

ERShares Private-Public Crossover ETF Profile

The ERShares Private-Public Crossover ETF (XOVR) is an exchange-traded fund that is based on the Entrepreneur 30 index. The fund provides exposure to a narrow index of US large-cap growth stocks. The top 30 most entrepreneurial stocks, either public or private, are selected based on a proprietary measurement XOVR was launched on Nov 7, 2017 and is issued by ERShares.