ClearShares Piton Intermediate Fixed Income ETF (PIFI)

Market Cap: $103M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

25% more funds holding

Funds holding: 8 [Q1] → 10 (+2) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

1% less capital invested

Capital invested by funds: $93.1M [Q1] → $92.5M (-$588K) [Q2]

2.73% less ownership

Funds ownership: 98.51% [Q1] → 95.78% (-2.73%) [Q2]

60% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 5