Ethic Inc. Buys New Position in Parnassus Core Select ETF $PRCS

Ethic Inc. purchased a new position in Parnassus Core Select ETF (NYSEARCA:PRCS) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 25,740 shares of the company’s stock, valued at approximately $653,000. Ethic Inc. owned 1.29% of Parnassus Core Select ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Natural Investments LLC acquired a new stake in shares of Parnassus Core Select ETF in the first quarter worth $221,000. Goldman Sachs Group Inc. acquired a new stake in Parnassus Core Select ETF in the 1st quarter worth $625,000. Finally, Financial Insights Inc. acquired a new stake in Parnassus Core Select ETF in the 2nd quarter worth $2,455,000.

Parnassus Core Select ETF Stock Performance

Shares of PRCS opened at $27.00 on Tuesday. The company has a 50-day simple moving average of $26.11 and a 200-day simple moving average of $25.15. Parnassus Core Select ETF has a 52 week low of $20.38 and a 52 week high of $27.01. The firm has a market capitalization of $67.50 million, a P/E ratio of 31.55 and a beta of 1.07.

Parnassus Core Select ETF Profile

The Parnassus Core Select ETF (PRCS) 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. The fund focuses on both value and growth stocks, emphasizing strong financials and sustainable business practices while seeking to minimize exposure to market risk PRCS was launched on Dec 12, 2024 and is issued by Parnassus Investments.