Magnolia Private Wealth LLC Purchases Shares of 62,960 Return Stacked U.S. Stocks & Managed Futures ETF (NYSEARCA:RSST)

Magnolia Private Wealth LLC bought a new position in shares of Return Stacked U.S. Stocks & Managed Futures ETF (NYSEARCA:RSST) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 62,960 shares of the company’s stock, valued at approximately $1,505,000. Return Stacked U.S. Stocks & Managed Futures ETF comprises 0.9% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 19th biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. Planned Solutions Inc. bought a new stake in shares of Return Stacked U.S. Stocks & Managed Futures ETF during the fourth quarter worth about $2,999,000. ORG Wealth Partners LLC acquired a new stake in Return Stacked U.S. Stocks & Managed Futures ETF during the 4th quarter valued at approximately $348,000. ORG Partners LLC raised its holdings in Return Stacked U.S. Stocks & Managed Futures ETF by 24,405.5% during the 4th quarter. ORG Partners LLC now owns 13,478 shares of the company’s stock worth $322,000 after purchasing an additional 13,423 shares during the last quarter. Worth Asset Management LLC acquired a new position in shares of Return Stacked U.S. Stocks & Managed Futures ETF in the 4th quarter worth approximately $219,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of Return Stacked U.S. Stocks & Managed Futures ETF in the 3rd quarter valued at $34,000.

Return Stacked U.S. Stocks & Managed Futures ETF Trading Down 1.4 %

RSST opened at $23.82 on Wednesday. Return Stacked U.S. Stocks & Managed Futures ETF has a twelve month low of $20.90 and a twelve month high of $26.30. The company has a fifty day moving average of $24.63 and a 200-day moving average of $24.08.

About Return Stacked U.S. Stocks & Managed Futures ETF

The Return Stacked U.S. Stocks & Managed Futures ETF (RSST) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund that uses leverage to stack total returns from two strategies. The fund manages a portfolio of large-cap U.S RSST was launched on Sep 6, 2023 and is issued by Return Stacked.