TrueWealth Advisors LLC Purchases 15,600 Shares of OneAscent Large Cap Core ETF $OALC

TrueWealth Advisors LLC increased its holdings in OneAscent Large Cap Core ETF (NYSEARCA:OALC) by 13.4% in the second quarter, Holdings Channel reports. The fund owned 132,384 shares of the company’s stock after purchasing an additional 15,600 shares during the quarter. OneAscent Large Cap Core ETF accounts for approximately 1.2% of TrueWealth Advisors LLC’s portfolio, making the stock its 16th largest position. TrueWealth Advisors LLC’s holdings in OneAscent Large Cap Core ETF were worth $5,432,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Kestra Advisory Services LLC increased its position in OneAscent Large Cap Core ETF by 3.7% during the 4th quarter. Kestra Advisory Services LLC now owns 11,409 shares of the company’s stock valued at $404,000 after purchasing an additional 404 shares during the period. OneAscent Investment Solutions LLC lifted its position in shares of OneAscent Large Cap Core ETF by 1.8% in the 4th quarter. OneAscent Investment Solutions LLC now owns 22,751 shares of the company’s stock worth $807,000 after purchasing an additional 407 shares during the period. Security Financial Services INC. lifted its position in shares of OneAscent Large Cap Core ETF by 32.1% in the 4th quarter. Security Financial Services INC. now owns 12,956 shares of the company’s stock worth $459,000 after purchasing an additional 3,146 shares during the period. Values First Advisors Inc. lifted its position in shares of OneAscent Large Cap Core ETF by 88.2% in the 4th quarter. Values First Advisors Inc. now owns 7,523 shares of the company’s stock worth $267,000 after purchasing an additional 3,525 shares during the period. Finally, SHP Wealth Management bought a new position in shares of OneAscent Large Cap Core ETF during the fourth quarter valued at approximately $158,000.

OneAscent Large Cap Core ETF Stock Up 0.7%

Shares of OALC stock opened at $42.22 on Friday. The firm has a market cap of $256.28 million, a price-to-earnings ratio of 25.77 and a beta of 0.95. The company’s 50 day moving average is $40.50 and its 200 day moving average is $38.04. OneAscent Large Cap Core ETF has a 52-week low of $33.12 and a 52-week high of $42.49.

About OneAscent Large Cap Core ETF

The OneAscent Large Cap Core ETF (OALC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation. OALC was launched on Nov 16, 2021 and is managed by Oneascent.