NASDAQ | ETF
The fund is an actively managed exchange-traded fund ("ETF") that pursues its investment objective by seeking investment exposure to the largest companies ("Underlying Issuers") in the Banks Industry and/or Capital Markets Industry ("Bank and Capital Markets Industries"), each an industry defined by an independent industry classification scheme.
The fund generally will offer exposure to between five and ten underlying issuers primarily through the use of swap agreements and/or forward contracts.
The fund is non-diversified.
Top 4 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FGXXX | First American Funds Inc. - Government Obligations Fund | null | null | 75.75% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 3.43% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 3.39% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 3.34% |