Robertson Stephens Wealth Management LLC Has $6.39 Million Stake in Hennessy Sustainable ETF $STNC

Robertson Stephens Wealth Management LLC decreased its position in shares of Hennessy Sustainable ETF (NASDAQ:STNC) by 10.1% in the fourth quarter, Holdings Channel reports. The fund owned 192,756 shares of the company’s stock after selling 21,761 shares during the period. Robertson Stephens Wealth Management LLC owned 0.07% of Hennessy Sustainable ETF worth $6,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Osaic Holdings Inc. acquired a new position in Hennessy Sustainable ETF during the 2nd quarter worth $84,000. Raymond James Financial Inc. acquired a new position in Hennessy Sustainable ETF during the 2nd quarter worth $96,000. Finally, Cetera Investment Advisers lifted its position in Hennessy Sustainable ETF by 67.6% during the 2nd quarter. Cetera Investment Advisers now owns 12,410 shares of the company’s stock worth $383,000 after acquiring an additional 5,005 shares during the last quarter.

Hennessy Sustainable ETF Price Performance

Hennessy Sustainable ETF stock opened at $35.42 on Friday. The firm has a fifty day moving average price of $34.97 and a two-hundred day moving average price of $34.09. The firm has a market cap of $91.03 million, a price-to-earnings ratio of 19.83 and a beta of 0.89. Hennessy Sustainable ETF has a fifty-two week low of $29.10 and a fifty-two week high of $36.39.

Hennessy Sustainable ETF Company Profile

The Hennessy Stance ESG ETF (STNC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of US firms screened for ESG criteria. The fund utilizes the Blue Tractor non-transparent model. STNC was launched on Mar 16, 2021 and is issued by Hennessy.