Wealth Enhancement Advisory Services LLC Purchases New Position in Parnassus Value Select ETF $PRVS

Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Parnassus Value Select ETF (NYSEARCA:PRVS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 32,145 shares of the company’s stock, valued at approximately $938,000. Wealth Enhancement Advisory Services LLC owned 8.69% of Parnassus Value Select ETF at the end of the most recent reporting period.

Separately, JPMorgan Chase & Co. purchased a new stake in Parnassus Value Select ETF in the third quarter worth about $140,000.

Parnassus Value Select ETF Stock Performance

Shares of PRVS opened at $28.10 on Tuesday. The stock has a market cap of $19.67 million, a PE ratio of 20.62 and a beta of 1.03. Parnassus Value Select ETF has a fifty-two week low of $20.57 and a fifty-two week high of $29.95. The firm’s 50-day simple moving average is $28.68 and its two-hundred day simple moving average is $28.03.

Parnassus Value Select ETF Company Profile

The Parnassus Value Select ETF (PRVS) 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 using a value strategy. The fund focuses on undervalued companies with strong financials and sustainable business practices, aiming for capital appreciation while minimizing exposure to broader market risks PRVS was launched on Dec 12, 2024 and is issued by Parnassus Investments.