New Insight Wealth Advisors Sells 2,617 Shares of Matthews Asia Innovators Active ETF (NYSEARCA:MINV)

New Insight Wealth Advisors lowered its holdings in Matthews Asia Innovators Active ETF (NYSEARCA:MINV) by 5.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 44,048 shares of the company’s stock after selling 2,617 shares during the period. New Insight Wealth Advisors’ holdings in Matthews Asia Innovators Active ETF were worth $1,207,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, HighTower Advisors LLC grew its position in Matthews Asia Innovators Active ETF by 1.9% in the third quarter. HighTower Advisors LLC now owns 38,362 shares of the company’s stock valued at $1,092,000 after acquiring an additional 711 shares during the period.

Matthews Asia Innovators Active ETF Price Performance

NYSEARCA MINV opened at $28.96 on Monday. The stock’s 50 day simple moving average is $28.01 and its 200 day simple moving average is $28.06. The firm has a market cap of $68.06 million, a PE ratio of 22.92 and a beta of 0.84. Matthews Asia Innovators Active ETF has a one year low of $24.19 and a one year high of $30.25.

About Matthews Asia Innovators Active ETF

The Matthews Asia Innovators Active ETF (MINV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of innovative companies in Asia. Holdings are fundamentally screened for sustainable growth. MINV was launched on Jul 13, 2022 and is managed by Matthews.