Farther Finance Advisors LLC Has $2.24 Million Holdings in Pinnacle Focused Opportunities ETF (NYSEARCA:FCUS)

Farther Finance Advisors LLC decreased its position in shares of Pinnacle Focused Opportunities ETF (NYSEARCA:FCUS) by 14.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 76,489 shares of the company’s stock after selling 12,793 shares during the quarter. Farther Finance Advisors LLC owned 0.07% of Pinnacle Focused Opportunities ETF worth $2,239,000 at the end of the most recent reporting period.

Separately, Magnolia Capital Advisors LLC lifted its holdings in shares of Pinnacle Focused Opportunities ETF by 1.0% during the 1st quarter. Magnolia Capital Advisors LLC now owns 96,918 shares of the company’s stock worth $2,747,000 after acquiring an additional 940 shares during the period.

Pinnacle Focused Opportunities ETF Price Performance

Shares of NYSEARCA:FCUS opened at $29.78 on Friday. Pinnacle Focused Opportunities ETF has a 1 year low of $21.03 and a 1 year high of $30.64. The stock has a market capitalization of $31.27 million, a price-to-earnings ratio of 29.52 and a beta of 1.54. The company’s 50 day simple moving average is $29.11 and its 200 day simple moving average is $28.04.

Pinnacle Focused Opportunities ETF Profile

The Pinnacle Focused Opportunities ETF (FCUS) is an exchange-traded fund that is based on the EQM Pinnacle Focused Equity index. The fund is an actively managed fund that toggles between large-cap equities and Treasurys, or a combination of both, based on a proprietary model that identifies positive and negative market signals in the US equity market.