Assetmark Inc. Acquires New Stake in Timothy Plan US Small Cap Core ETF $TPSC

Assetmark Inc. bought a new position in shares of Timothy Plan US Small Cap Core ETF (NYSEARCA:TPSC) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 110,893 shares of the company’s stock, valued at approximately $4,610,000. Assetmark Inc. owned about 1.86% of Timothy Plan US Small Cap Core ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TPSC. Atria Wealth Solutions Inc. raised its position in shares of Timothy Plan US Small Cap Core ETF by 15.9% during the second quarter. Atria Wealth Solutions Inc. now owns 10,892 shares of the company’s stock worth $437,000 after acquiring an additional 1,492 shares during the last quarter. Turning Point Benefit Group Inc. increased its position in Timothy Plan US Small Cap Core ETF by 1,087.3% during the 2nd quarter. Turning Point Benefit Group Inc. now owns 134,541 shares of the company’s stock valued at $5,204,000 after purchasing an additional 123,209 shares during the period. Envestnet Asset Management Inc. raised its stake in Timothy Plan US Small Cap Core ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 25,796 shares of the company’s stock worth $998,000 after buying an additional 258 shares during the last quarter. Rossby Financial LCC grew its holdings in Timothy Plan US Small Cap Core ETF by 1,411.5% in the second quarter. Rossby Financial LCC now owns 2,101 shares of the company’s stock worth $81,000 after purchasing an additional 1,962 shares during the period. Finally, OneAscent Wealth Management LLC grew its position in Timothy Plan US Small Cap Core ETF by 20.3% in the 2nd quarter. OneAscent Wealth Management LLC now owns 37,709 shares of the company’s stock valued at $1,459,000 after purchasing an additional 6,351 shares during the period.

Timothy Plan US Small Cap Core ETF Price Performance

Shares of TPSC stock opened at $45.09 on Wednesday. The company has a market cap of $288.58 million, a P/E ratio of 16.66 and a beta of 1.02. The firm has a 50-day moving average of $43.37 and a 200-day moving average of $41.83. Timothy Plan US Small Cap Core ETF has a one year low of $32.29 and a one year high of $45.86.

Timothy Plan US Small Cap Core ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were paid a dividend of $0.0017 per share. This represents a c) annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Monday, February 9th. This is an increase from Timothy Plan US Small Cap Core ETF’s previous monthly dividend of $0.00.

Timothy Plan US Small Cap Core ETF Profile

The Timothy Plan US Small Cap Core ETF (TPSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a volatility-weighted index of U.S small-caps screened for defined Christian values. TPSC was launched on Dec 2, 2019 and is managed by Timothy.