ERShares Private-Public Crossover ETF (NASDAQ:XOVR) Shares Down 1.9% – What’s Next?

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) fell 1.9% on Thursday . The company traded as low as $16.40 and last traded at $16.41. 205,771 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 253,281 shares. The stock had previously closed at $16.72.

ERShares Private-Public Crossover ETF Stock Performance

The stock has a fifty day simple moving average of $17.91 and a 200-day simple moving average of $17.60. The stock has a market cap of $296.74 million, a P/E ratio of 35.73 and a beta of 1.11.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. American Capital Advisory LLC bought a new stake in ERShares Private-Public Crossover ETF in the 4th quarter valued at approximately $36,000. Bank of America Corp DE acquired a new stake in shares of ERShares Private-Public Crossover ETF in the fourth quarter valued at approximately $119,000. Commonwealth Equity Services LLC bought a new stake in shares of ERShares Private-Public Crossover ETF in the fourth quarter worth $194,000. Truist Financial Corp acquired a new position in ERShares Private-Public Crossover ETF during the fourth quarter worth $257,000. Finally, Stifel Financial Corp bought a new position in ERShares Private-Public Crossover ETF in the fourth quarter valued at $275,000.

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.