Allegheny Financial Group Acquires 23,441 Shares of Parnassus Core Select ETF $PRCS

Allegheny Financial Group raised its holdings in shares of Parnassus Core Select ETF (NYSEARCA:PRCS) by 16.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 162,987 shares of the company’s stock after buying an additional 23,441 shares during the quarter. Allegheny Financial Group’s holdings in Parnassus Core Select ETF were worth $4,075,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Avalon Trust Co boosted its position in shares of Parnassus Core Select ETF by 50.0% in the third quarter. Avalon Trust Co now owns 1,200 shares of the company’s stock valued at $31,000 after acquiring an additional 400 shares during the period. Kestra Advisory Services LLC bought a new position in Parnassus Core Select ETF during the fourth quarter worth $39,000. Steward Partners Investment Advisory LLC bought a new position in Parnassus Core Select ETF during the fourth quarter worth $293,000. MML Investors Services LLC acquired a new position in Parnassus Core Select ETF during the 4th quarter valued at $636,000. Finally, Goldman Sachs Group Inc. acquired a new position in Parnassus Core Select ETF during the 1st quarter valued at $625,000.

Parnassus Core Select ETF Price Performance

Shares of Parnassus Core Select ETF stock opened at $28.14 on Monday. Parnassus Core Select ETF has a fifty-two week low of $24.22 and a fifty-two week high of $28.38. The firm has a fifty day moving average price of $27.51 and a two-hundred day moving average price of $26.92. The company has a market cap of $154.77 million, a PE ratio of 31.55 and a beta of 0.92.

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.