Frontier Asset Management LLC Acquires Shares of 322,118 Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC)

Frontier Asset Management LLC acquired a new stake in shares of Frontier Asset Opportunistic Credit ETF (NYSEARCA:FOPC) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 322,118 shares of the company’s stock, valued at approximately $8,074,000. Frontier Asset Opportunistic Credit ETF accounts for 2.7% of Frontier Asset Management LLC’s portfolio, making the stock its 15th biggest position.

Frontier Asset Opportunistic Credit ETF Price Performance

Shares of NYSEARCA FOPC opened at $25.42 on Friday. The firm’s fifty day moving average is $25.21. Frontier Asset Opportunistic Credit ETF has a 52-week low of $24.60 and a 52-week high of $25.92.

Frontier Asset Opportunistic Credit ETF Profile

The Frontier Asset Opportunistic Credit ETF (FOPC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests in 6 to 12 underlying ETFs that hold fixed income securities of any credit quality and maturity issued by governments and corporations from around the globe.