Client First Investment Management LLC Invests $3.19 Million in Calamos Convertible Equity Alternative ETF $CVRT

Client First Investment Management LLC bought a new stake in shares of Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 62,004 shares of the company’s stock, valued at approximately $3,189,000. Calamos Convertible Equity Alternative ETF makes up about 1.3% of Client First Investment Management LLC’s holdings, making the stock its 10th largest position. Client First Investment Management LLC owned about 0.09% of Calamos Convertible Equity Alternative ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Truist Financial Corp increased its holdings in Calamos Convertible Equity Alternative ETF by 216.2% in the 4th quarter. Truist Financial Corp now owns 44,807 shares of the company’s stock worth $1,708,000 after acquiring an additional 30,637 shares in the last quarter. Aurora Private Wealth Inc. purchased a new position in Calamos Convertible Equity Alternative ETF during the fourth quarter valued at $200,000. Grantvest Financial Group LLC purchased a new position in Calamos Convertible Equity Alternative ETF during the fourth quarter valued at $278,000. Jane Street Group LLC grew its position in shares of Calamos Convertible Equity Alternative ETF by 323.6% in the fourth quarter. Jane Street Group LLC now owns 66,358 shares of the company’s stock valued at $2,529,000 after purchasing an additional 50,691 shares during the period. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Calamos Convertible Equity Alternative ETF in the third quarter valued at about $249,000.

Calamos Convertible Equity Alternative ETF Price Performance

CVRT stock opened at $48.31 on Friday. The firm has a 50-day simple moving average of $49.84 and a 200-day simple moving average of $46.56. Calamos Convertible Equity Alternative ETF has a 52 week low of $33.03 and a 52 week high of $54.09.

Calamos Convertible Equity Alternative ETF Profile

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.