56,973 Shares in ERShares Private-Public Crossover ETF $XOVR Purchased by M & L Capital Management Ltd

M & L Capital Management Ltd acquired a new stake in shares of ERShares Private-Public Crossover ETF (NASDAQ:XOVR) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 56,973 shares of the company’s stock, valued at approximately $1,147,000. ERShares Private-Public Crossover ETF makes up about 0.2% of M & L Capital Management Ltd’s portfolio, making the stock its 22nd biggest position.

Several other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC boosted its position in shares of ERShares Private-Public Crossover ETF by 66.9% during the first quarter. NewEdge Advisors LLC now owns 26,200 shares of the company’s stock valued at $418,000 after purchasing an additional 10,500 shares in the last quarter. Cetera Investment Advisers grew its position in shares of ERShares Private-Public Crossover ETF by 62.8% in the 2nd quarter. Cetera Investment Advisers now owns 75,497 shares of the company’s stock worth $1,441,000 after buying an additional 29,125 shares during the period. JT Stratford LLC increased its stake in shares of ERShares Private-Public Crossover ETF by 71.0% in the 2nd quarter. JT Stratford LLC now owns 19,624 shares of the company’s stock worth $375,000 after acquiring an additional 8,148 shares in the last quarter. Raymond James Financial Inc. lifted its position in ERShares Private-Public Crossover ETF by 13.0% during the 2nd quarter. Raymond James Financial Inc. now owns 175,764 shares of the company’s stock valued at $3,355,000 after acquiring an additional 20,235 shares during the period. Finally, Carter Financial Group INC. bought a new stake in ERShares Private-Public Crossover ETF during the second quarter worth about $497,000.

ERShares Private-Public Crossover ETF Stock Performance

XOVR stock opened at $17.35 on Tuesday. The firm has a 50 day moving average price of $18.07 and a 200-day moving average price of $19.67. ERShares Private-Public Crossover ETF has a 52-week low of $13.92 and a 52-week high of $21.78. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 36.57 and a beta of 1.23.

About ERShares Private-Public Crossover ETF

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.