Magnolia Capital Advisors LLC Has $2.73 Million Stake in Pinnacle Focused Opportunities ETF (NYSEARCA:FCUS)

Magnolia Capital Advisors LLC grew its holdings in Pinnacle Focused Opportunities ETF (NYSEARCA:FCUS) by 1.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 98,707 shares of the company’s stock after purchasing an additional 1,789 shares during the quarter. Magnolia Capital Advisors LLC owned about 0.09% of Pinnacle Focused Opportunities ETF worth $2,729,000 as of its most recent filing with the SEC.

Separately, Farther Finance Advisors LLC acquired a new stake in Pinnacle Focused Opportunities ETF in the 2nd quarter valued at approximately $2,480,000.

Pinnacle Focused Opportunities ETF Stock Down 0.2 %

Shares of NYSEARCA FCUS opened at $28.98 on Monday. Pinnacle Focused Opportunities ETF has a 12 month low of $19.81 and a 12 month high of $29.43. The company has a market cap of $30.43 million, a P/E ratio of 29.52 and a beta of 1.54. The business’s 50 day moving average is $27.52 and its two-hundred day moving average is $27.64.

Pinnacle Focused Opportunities ETF Profile

The Pinnacle Focused Opportunities ETF (FCUS) is an exchange-traded fund that is based on the EQM Pinnacle Focused Equity index. The fund is an actively managed fund that toggles between large-cap equities and Treasurys, or a combination of both, based on a proprietary model that identifies positive and negative market signals in the US equity market.