business
GTS Securities Slashes Its XOVR Stake -- Selling $354 Million Worth of Shares
Key takeaways
- XOVR MSFT QQQ SPY NVDA What happened According to a recent SEC filing, GTS Securities sold 19,462,657 shares of the ERShares Private-Public Crossover ETF (NASDAQ:XOVR) during the first quarter.
- GTS Securities XOVR stake now represents just 0.03% of its 13F-reportable AUM, down from 13.4% in the previous quarter.
- After the sale, GTS Securities top five reported holdings were:
XOVR MSFT QQQ SPY NVDA What happened According to a recent SEC filing, GTS Securities sold 19,462,657 shares of the ERShares Private-Public Crossover ETF (NASDAQ:XOVR) during the first quarter. The estimated transaction value was approximately $354.2 million, calculated using the quarter’s average closing price. The fund s quarter-end position value in XOVR declined by $392.2 million, reflecting both the share sale and price movement over the period.
GTS Securities XOVR stake now represents just 0.03% of its 13F-reportable AUM, down from 13.4% in the previous quarter.
After the sale, GTS Securities top five reported holdings were:
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