619,847 Shares of Parnassus Core Select ETF $PRCS Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC purchased a new position in Parnassus Core Select ETF (NYSE:PRCS) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 619,847 shares of the company’s stock, valued at approximately $17,734,000. Commonwealth Equity Services LLC owned about 0.09% of Parnassus Core Select ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PRCS. Apella Capital LLC increased its holdings in shares of Parnassus Core Select ETF by 14.6% in the second quarter. Apella Capital LLC now owns 9,865 shares of the company’s stock valued at $281,000 after purchasing an additional 1,256 shares during the last quarter. Financial Insights Inc. boosted its stake in Parnassus Core Select ETF by 12.5% during the third quarter. Financial Insights Inc. now owns 92,643 shares of the company’s stock worth $2,651,000 after buying an additional 10,275 shares during the period. Aprio Wealth Management LLC purchased a new position in shares of Parnassus Core Select ETF during the 3rd quarter worth approximately $297,000. Modern Wealth Management LLC acquired a new stake in shares of Parnassus Core Select ETF in the first quarter valued at $288,000. Finally, Balefire LLC acquired a new position in Parnassus Core Select ETF in the 3rd quarter valued at about $483,000.

Parnassus Core Select ETF Trading Down 0.6%

Parnassus Core Select ETF stock opened at $29.20 on Wednesday. The stock’s fifty day simple moving average is $28.90 and its 200-day simple moving average is $27.85. Parnassus Core Select ETF has a twelve month low of $24.22 and a twelve month high of $29.96. The firm has a market capitalization of $192.72 million, a P/E ratio of 31.55 and a beta of 0.87.

Parnassus Core Select ETF Profile

The Parnassus Core Select ETF (PRCS) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in a concentrated portfolio of 20-30 large-cap US equity securities. The fund focuses on both value and growth stocks, emphasizing strong financials and sustainable business practices while seeking to minimize exposure to market risk PRCS was launched on Dec 12, 2024 and is issued by Parnassus Investments.