NYSE ARCA | ETF
The fund invests inU. S.-listed equity securities of companies that the fund"s investment sub-advisers expect to benefit from shifts in the regulatory environment that are supportive of free market dynamics.
These investments may include companies operating in segments of the economy currently burdened by high levels of regulation, such as the healthcare, financial services, and energy sectors, where the Sub-Advisers anticipate regulatory relief.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| IBKR | Interactive Brokers Group Inc | Financial Services | Capital Markets | 3.43% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 3.38% |
| CFG | Citizens Financial Group, Inc. | Financial Services | Banks - Regional | 3.10% |
| WMB | Williams Companies Inc | Energy | Oil & Gas Midstream | 3.09% |
| KEY | KeyCorp | Financial Services | Banks - Regional | 3.07% |
| PANW | Palo Alto Networks Inc | Technology | Software - Infrastructure | 3.06% |
| EQT | EQT Corporation | Energy | Oil & Gas E&P | 2.96% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 2.74% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 2.71% |
| MCK | McKesson Corporation | Healthcare | Medical Distribution | 2.65% |
| D | Dominion Energy Inc | Utilities | Utilities - Regulated Electric | 2.64% |
| TMO | Thermo Fisher Scientific Inc | Healthcare | Diagnostics & Research | 2.58% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 2.48% |
| CRCL | Circle Internet Group, Inc. | Financial Services | Capital Markets | 2.46% |
| JOBY | Joby Aviation | Industrials | Airports & Air Services | 2.44% |
| BX | Blackstone Group Inc | Financial Services | Asset Management | 2.42% |
| AUB | Atlantic Union Bankshares Corp | Financial Services | Banks - Regional | 2.41% |
| ADM | Archer-Daniels-Midland Company | Consumer Defensive | Farm Products | 2.41% |
| PLTR | Palantir Technologies Inc. | Technology | Software - Infrastructure | 2.37% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 2.33% |