Verus Capital Partners LLC Increases Stake in American Conservative Values ETF $ACVF

Verus Capital Partners LLC boosted its position in American Conservative Values ETF (NYSEARCA:ACVF) by 45.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,250 shares of the company’s stock after acquiring an additional 2,250 shares during the period. Verus Capital Partners LLC owned 0.26% of American Conservative Values ETF worth $342,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in shares of American Conservative Values ETF by 33.2% in the first quarter. Envestnet Asset Management Inc. now owns 45,636 shares of the company’s stock worth $1,954,000 after purchasing an additional 11,362 shares in the last quarter. AE Wealth Management LLC lifted its stake in shares of American Conservative Values ETF by 13.8% during the 1st quarter. AE Wealth Management LLC now owns 21,983 shares of the company’s stock valued at $941,000 after buying an additional 2,672 shares in the last quarter. LPL Financial LLC boosted its holdings in American Conservative Values ETF by 8.7% in the 1st quarter. LPL Financial LLC now owns 105,135 shares of the company’s stock worth $4,502,000 after buying an additional 8,436 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in American Conservative Values ETF in the 1st quarter valued at approximately $310,000. Finally, Encompass More Asset Management raised its holdings in American Conservative Values ETF by 20.0% during the 1st quarter. Encompass More Asset Management now owns 18,345 shares of the company’s stock valued at $786,000 after acquiring an additional 3,056 shares during the period.

American Conservative Values ETF Price Performance

American Conservative Values ETF stock opened at $49.42 on Thursday. The firm has a market capitalization of $135.91 million, a P/E ratio of 25.85 and a beta of 0.96. American Conservative Values ETF has a one year low of $37.49 and a one year high of $50.34. The business has a fifty day moving average price of $49.17 and a 200-day moving average price of $47.42.

American Conservative Values ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Wednesday, September 24th were paid a $0.0712 dividend. The ex-dividend date was Wednesday, September 24th. This represents a $0.28 annualized dividend and a yield of 0.6%.

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.