LeaderShares AlphaFactor US Core Equity ETF $LSAF Position Decreased by Redwood Investment Management LLC

Redwood Investment Management LLC trimmed its position in LeaderShares AlphaFactor US Core Equity ETF (NYSEARCA:LSAF) by 1.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 1,184,577 shares of the company’s stock after selling 16,484 shares during the period. LeaderShares AlphaFactor US Core Equity ETF accounts for 6.8% of Redwood Investment Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Redwood Investment Management LLC owned about 0.52% of LeaderShares AlphaFactor US Core Equity ETF worth $54,370,000 at the end of the most recent reporting period.

LeaderShares AlphaFactor US Core Equity ETF Stock Performance

Shares of LSAF opened at $54.08 on Monday. The stock has a 50-day moving average of $52.06 and a two-hundred day moving average of $48.94. LeaderShares AlphaFactor US Core Equity ETF has a one year low of $41.54 and a one year high of $55.01. The stock has a market cap of $123.30 million, a P/E ratio of 15.59 and a beta of 0.94.

LeaderShares AlphaFactor US Core Equity ETF Profile

The LeaderSharesTM AlphaFactor US Core Equity ETF (LSAF) is an exchange-traded fund that is based on the AlphaFactor U.S. Core Equity index. The fund tracks an equal-weighted index of US stocks selected by multiple fundamental factors. LSAF was launched on Oct 2, 2018 and is managed by LeaderShares.