American Customer Satisfaction ETF (BATS:ACSI) Shares Climb 0.5% – Here’s Why

Shares of American Customer Satisfaction ETF (BATS:ACSI) shot up 0.5% during trading on Monday. The company traded as high as $76.01 and last traded at $76.01. Approximately 716 shares traded hands during mid-day trading, an increase of 148% from the average session volume of 289 shares. The stock had previously closed at $75.63.

American Customer Satisfaction ETF Stock Performance

The business’s 50-day moving average price is $76.53 and its 200 day moving average price is $72.29. The company has a market cap of $121.74 million, a P/E ratio of 22.25 and a beta of 1.00.

Institutional Investors Weigh In On American Customer Satisfaction ETF

A hedge fund recently bought a new position in American Customer Satisfaction ETF stock. Strive Financial Group LLC purchased a new position in shares of American Customer Satisfaction ETF (BATS:ACSI) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 14,971 shares of the company’s stock, valued at approximately $1,109,000. Strive Financial Group LLC owned 0.97% of American Customer Satisfaction ETF as of its most recent filing with the Securities & Exchange Commission.

About American Customer Satisfaction ETF

The American Customer Satisfaction ETF (ACSI) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of tier-weighted US large-cap companies assigned with the highest customer satisfaction scores. Holdings are weighted equally within each industry. ACSI was launched on Nov 1, 2016 and is managed by Exponential ETFs.