ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Sees Strong Trading Volume – Here’s What Happened

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) shares saw an uptick in trading volume on Friday . 1,764,569 shares were traded during trading, an increase of 37% from the previous session’s volume of 1,290,061 shares.The stock last traded at $19.16 and had previously closed at $19.17.

ERShares Private-Public Crossover ETF Price Performance

The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 36.57 and a beta of 1.26. The firm has a 50 day moving average price of $17.78 and a 200-day moving average price of $18.90.

Hedge Funds Weigh In On ERShares Private-Public Crossover ETF

Several large investors have recently made changes to their positions in XOVR. IMC Chicago LLC acquired a new position in shares of ERShares Private-Public Crossover ETF during the third quarter valued at $84,944,000. Jain Global LLC acquired a new position in ERShares Private-Public Crossover ETF in the fourth quarter valued at about $40,280,000. Raymond James Financial Inc. lifted its stake in ERShares Private-Public Crossover ETF by 276.7% in the third quarter. Raymond James Financial Inc. now owns 662,089 shares of the company’s stock valued at $13,983,000 after buying an additional 486,325 shares during the period. Farther Finance Advisors LLC lifted its stake in ERShares Private-Public Crossover ETF by 18,834.4% in the fourth quarter. Farther Finance Advisors LLC now owns 238,574 shares of the company’s stock valued at $4,805,000 after buying an additional 237,314 shares during the period. Finally, LPL Financial LLC lifted its stake in ERShares Private-Public Crossover ETF by 98.2% in the fourth quarter. LPL Financial LLC now owns 160,209 shares of the company’s stock valued at $3,227,000 after buying an additional 79,368 shares during the period.

ERShares Private-Public Crossover ETF Company Profile

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.