NASDAQ | ETF
The fund is an actively-managed exchange-traded fund ("ETF") that normally invests at least 80% of its net assets in the common stocks of companies that comprise the Essential 40 Stock Index, which measures the investment return of the equity securities of forty blue-chipU. S. companies.
Generally, the adviser anticipates that the fund will hold all forty of the securities that comprise the index in proportion to their weightings in the index.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| INTC | Intel Corporation | Technology | Semiconductors | 5.98% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 3.39% |
| MPC | Marathon Petroleum Corp | Energy | Oil & Gas Refining & Marketing | 3.28% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 2.88% |
| DAL | Delta Air Lines Inc | Industrials | Airlines | 2.67% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 2.66% |
| EPD | Enterprise Products Partners LP | Energy | Oil & Gas Midstream | 2.65% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 2.64% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 2.63% |
| AAPL | Apple Inc. | Technology | Consumer Electronics | 2.62% |
| FCX | Freeport-McMoran Copper & Gold Inc | Basic Materials | Copper | 2.58% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.55% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 2.46% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 2.46% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 2.44% |
| CB | Chubb Ltd | Financial Services | Insurance - Property & Casualty | 2.44% |
| SYY | Sysco Corporation | Consumer Defensive | Food Distribution | 2.41% |
| F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | 2.41% |
| MAS | Masco Corporation | Industrials | Building Products & Equipment | 2.40% |
| DUK | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 2.39% |