Hill Island Financial LLC Takes Position in Parnassus Value Select ETF $PRVS

Hill Island Financial LLC acquired a new stake in shares of Parnassus Value Select ETF (NYSEARCA:PRVS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 11,438 shares of the company’s stock, valued at approximately $284,000. Hill Island Financial LLC owned 4.58% of Parnassus Value Select ETF at the end of the most recent reporting period.

Separately, Kovitz Investment Group Partners LLC bought a new position in Parnassus Value Select ETF during the 1st quarter valued at $2,265,000.

Parnassus Value Select ETF Stock Performance

PRVS opened at $27.14 on Friday. Parnassus Value Select ETF has a one year low of $20.57 and a one year high of $27.16. The stock’s fifty day moving average is $26.05 and its 200-day moving average is $24.46. The company has a market capitalization of $6.79 million and a PE ratio of 20.62.

About Parnassus Value Select ETF

The Parnassus Value Select ETF (PRVS) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in a concentrated portfolio of 20-30 large-cap US equity securities using a value strategy. The fund focuses on undervalued companies with strong financials and sustainable business practices, aiming for capital appreciation while minimizing exposure to broader market risks PRVS was launched on Dec 12, 2024 and is issued by Parnassus Investments.