HighTower Advisors LLC Grows Holdings in Matthews Asia Innovators Active ETF (NYSEARCA:MINV)

HighTower Advisors LLC lifted its position in shares of Matthews Asia Innovators Active ETF (NYSEARCA:MINV) by 1.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,362 shares of the company’s stock after buying an additional 711 shares during the quarter. HighTower Advisors LLC owned approximately 1.42% of Matthews Asia Innovators Active ETF worth $1,092,000 at the end of the most recent quarter.

Separately, Sentinel Pension Advisors Inc. increased its stake in shares of Matthews Asia Innovators Active ETF by 12.4% during the 3rd quarter. Sentinel Pension Advisors Inc. now owns 15,626 shares of the company’s stock valued at $445,000 after acquiring an additional 1,725 shares during the last quarter.

Matthews Asia Innovators Active ETF Stock Up 0.7 %

MINV stock opened at $28.79 on Wednesday. Matthews Asia Innovators Active ETF has a 52 week low of $22.36 and a 52 week high of $30.25. The company has a market cap of $77.74 million, a price-to-earnings ratio of 23.12 and a beta of 1.07. The business has a fifty day simple moving average of $28.60 and a 200-day simple moving average of $27.52.

Matthews Asia Innovators Active ETF Profile

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.