Hobbs Group Advisors LLC Trims Holdings in Astoria US Quality Kings ETF (NASDAQ:ROE)

Hobbs Group Advisors LLC lessened its holdings in Astoria US Quality Kings ETF (NASDAQ:ROE) by 6.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,015,019 shares of the company’s stock after selling 72,767 shares during the period. Astoria US Quality Kings ETF accounts for approximately 11.6% of Hobbs Group Advisors LLC’s holdings, making the stock its largest position. Hobbs Group Advisors LLC owned 0.22% of Astoria US Quality Kings ETF worth $30,857,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Puff Wealth Management LLC bought a new stake in shares of Astoria US Quality Kings ETF in the 4th quarter valued at about $2,715,000. CreativeOne Wealth LLC acquired a new position in shares of Astoria US Quality Kings ETF in the third quarter worth approximately $463,000. Ashton Thomas Private Wealth LLC bought a new stake in Astoria US Quality Kings ETF in the fourth quarter valued at approximately $204,000. HighTower Advisors LLC boosted its holdings in Astoria US Quality Kings ETF by 22.5% in the third quarter. HighTower Advisors LLC now owns 22,429 shares of the company’s stock valued at $690,000 after acquiring an additional 4,119 shares during the last quarter. Finally, New Wave Wealth Advisors LLC bought a new position in Astoria US Quality Kings ETF during the 4th quarter worth approximately $74,000.

Astoria US Quality Kings ETF Stock Performance

Shares of NASDAQ ROE opened at $29.05 on Friday. Astoria US Quality Kings ETF has a 52-week low of $27.15 and a 52-week high of $32.41. The company’s 50 day moving average price is $30.83 and its 200-day moving average price is $30.94. The company has a market capitalization of $136.54 million, a P/E ratio of 18.32 and a beta of 1.00.

Astoria US Quality Kings ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 28th will be given a dividend of $0.0448 per share. The ex-dividend date of this dividend is Friday, March 28th.

Astoria US Quality Kings ETF Profile

The Astoria US Quality Kings ETF (ROE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides long-term capital appreciation by investing in 100 high-quality US stocks in the large- and mid-cap space based on proprietary quantitative screens.