Cornerstone Financial Management LLC Takes Position in Timothy Plan US Large/Mid Cap Core ETF $TPLC

Cornerstone Financial Management LLC acquired a new stake in shares of Timothy Plan US Large/Mid Cap Core ETF (NYSEARCA:TPLC) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 45,097 shares of the company’s stock, valued at approximately $2,050,000. Timothy Plan US Large/Mid Cap Core ETF comprises approximately 1.9% of Cornerstone Financial Management LLC’s investment portfolio, making the stock its 12th biggest position.

Several other institutional investors have also recently modified their holdings of the company. Christian Investment Advisors Inc. increased its position in shares of Timothy Plan US Large/Mid Cap Core ETF by 5.8% during the 4th quarter. Christian Investment Advisors Inc. now owns 527,374 shares of the company’s stock valued at $23,969,000 after purchasing an additional 28,848 shares during the last quarter. LPL Financial LLC increased its position in shares of Timothy Plan US Large/Mid Cap Core ETF by 12.5% during the 4th quarter. LPL Financial LLC now owns 334,046 shares of the company’s stock valued at $15,182,000 after purchasing an additional 36,986 shares during the last quarter. Bare Financial Services Inc increased its position in shares of Timothy Plan US Large/Mid Cap Core ETF by 2.8% during the 4th quarter. Bare Financial Services Inc now owns 204,934 shares of the company’s stock valued at $9,314,000 after purchasing an additional 5,515 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Timothy Plan US Large/Mid Cap Core ETF by 1.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 184,292 shares of the company’s stock valued at $8,376,000 after purchasing an additional 1,875 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Timothy Plan US Large/Mid Cap Core ETF by 1.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 118,508 shares of the company’s stock valued at $5,487,000 after purchasing an additional 1,247 shares during the last quarter.

Timothy Plan US Large/Mid Cap Core ETF Price Performance

Shares of TPLC stock opened at $49.73 on Friday. The stock has a market capitalization of $365.02 million, a PE ratio of 22.76 and a beta of 0.93. Timothy Plan US Large/Mid Cap Core ETF has a 1-year low of $43.69 and a 1-year high of $49.79. The business has a 50-day moving average of $48.48 and a 200 day moving average of $47.50.

About Timothy Plan US Large/Mid Cap Core ETF

The Timothy Plan US Large\u002FMid Cap Core ETF (TPLC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a volatility-weighted index of US large-cap stocks screened for Christian values. TPLC was launched on Apr 29, 2019 and is managed by Timothy.