ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Sees Strong Trading Volume – Here’s What Happened

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) shares saw strong trading volume on Friday . 1,764,569 shares traded hands during trading, an increase of 37% from the previous session’s volume of 1,290,061 shares.The stock last traded at $19.16 and had previously closed at $19.17.

ERShares Private-Public Crossover ETF Stock Performance

The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 36.57 and a beta of 1.26. The company has a fifty day moving average of $17.78 and a two-hundred day moving average of $18.90.

Hedge Funds Weigh In On ERShares Private-Public Crossover ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wealthcare Advisory Partners LLC raised its holdings in ERShares Private-Public Crossover ETF by 1.7% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 35,434 shares of the company’s stock valued at $714,000 after acquiring an additional 597 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in ERShares Private-Public Crossover ETF by 28.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,058 shares of the company’s stock valued at $62,000 after acquiring an additional 670 shares in the last quarter. CWM LLC raised its holdings in ERShares Private-Public Crossover ETF by 58.0% in the 3rd quarter. CWM LLC now owns 2,146 shares of the company’s stock valued at $45,000 after acquiring an additional 788 shares in the last quarter. Essex Financial Services Inc. raised its holdings in ERShares Private-Public Crossover ETF by 9.5% in the 4th quarter. Essex Financial Services Inc. now owns 11,395 shares of the company’s stock valued at $229,000 after acquiring an additional 992 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in ERShares Private-Public Crossover ETF by 4.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 25,490 shares of the company’s stock valued at $538,000 after acquiring an additional 1,132 shares in the last quarter.

ERShares Private-Public Crossover ETF Company 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.