Greenleaf Trust Makes New Investment in Impact Shares NAACP Minority Empowerment ETF (NYSEARCA:NACP)

Greenleaf Trust purchased a new position in Impact Shares NAACP Minority Empowerment ETF (NYSEARCA:NACP) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,250 shares of the company’s stock, valued at approximately $1,482,000. Greenleaf Trust owned 3.07% of Impact Shares NAACP Minority Empowerment ETF at the end of the most recent reporting period.

Separately, First Horizon Advisors Inc. bought a new position in shares of Impact Shares NAACP Minority Empowerment ETF in the third quarter worth approximately $98,000.

Impact Shares NAACP Minority Empowerment ETF Price Performance

NACP opened at $42.69 on Tuesday. The firm has a market cap of $50.37 million, a P/E ratio of 25.96 and a beta of 1.04. Impact Shares NAACP Minority Empowerment ETF has a 1-year low of $35.76 and a 1-year high of $43.46. The company has a 50 day simple moving average of $42.38 and a two-hundred day simple moving average of $41.27.

About Impact Shares NAACP Minority Empowerment ETF

The Impact Shares NAACP Minority Empowerment ETF (NACP) is an exchange-traded fund that is based on the Morningstar Minority Empowerment index. The fund tracks an index of US large- and mid-cap companies selected and weighted based on social criteria as defined by the NAACP. NACP was launched on Jul 18, 2018 and is managed by Impact Shares.