Zacks Earnings Consistent Portfolio ETF (BATS:ZECP) Position Trimmed by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC reduced its holdings in Zacks Earnings Consistent Portfolio ETF (BATS:ZECP) by 38.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 258,662 shares of the company’s stock after selling 162,015 shares during the quarter. Zacks Earnings Consistent Portfolio ETF makes up 0.7% of Arete Wealth Advisors LLC’s portfolio, making the stock its 29th biggest position. Arete Wealth Advisors LLC owned approximately 5.84% of Zacks Earnings Consistent Portfolio ETF worth $7,941,000 as of its most recent SEC filing.

Separately, Strategic Blueprint LLC bought a new position in Zacks Earnings Consistent Portfolio ETF in the third quarter worth about $4,637,000.

Zacks Earnings Consistent Portfolio ETF Stock Performance

Shares of ZECP stock opened at $32.25 on Friday. The company has a 50 day moving average of $31.10 and a 200 day moving average of $29.89. The firm has a market capitalization of $142.87 million, a P/E ratio of 26.52 and a beta of 0.80.

About Zacks Earnings Consistent Portfolio ETF

The Zacks Earnings Consistent Portfolio ETF (ZECP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies that exhibit high stability through recessionary periods. ZECP was launched on Aug 24, 2021 and is managed by Zacks.