Money Concepts Invests $133 Million Across Five ETFs
Money Concepts Capital Corp. reported new third-quarter positions across five exchange-traded funds, spanning small-cap value, semiconductors, long-term bonds, dividend stocks and managed futures. Its largest disclosed purchases were 1.65 million shares of the iShares U.S. Small-Cap Value Factor ETF, valued at about $68 million, and 1.62 million shares of the KraneShares Mount Lucas Managed Futures ETF, worth about $50.3 million. It also acquired stakes valued at approximately $5.85 million in the iShares Core Dividend ETF, $5.47 million in the SPDR S&P Semiconductor ETF and $3.68 million in the Vanguard Long-Term Bond ETF. The purchases reflect allocations across several asset classes and investment strategies; the filings provide holdings information but do not explain the firm’s rationale.
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