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 |
|---|---|---|---|---|
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 3.38% |
| UEC | Uranium Energy Corp | Energy | Uranium | 3.28% |
| CFG | Citizens Financial Group, Inc. | Financial Services | Banks - Regional | 3.26% |
| KEY | KeyCorp | Financial Services | Banks - Regional | 3.18% |
| BX | Blackstone Group Inc | Financial Services | Asset Management | 3.15% |
| IBKR | Interactive Brokers Group Inc | Financial Services | Capital Markets | 3.10% |
| WMB | Williams Companies Inc | Energy | Oil & Gas Midstream | 3.09% |
| EQT | EQT Corporation | Energy | Oil & Gas E&P | 2.96% |
| FNMA | Federal National Mortgage Association | Financial Services | Mortgage Finance | 2.86% |
| JOBY | Joby Aviation | Industrials | Airports & Air Services | 2.81% |
| 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 | 2.50% |
| AUB | Atlantic Union Bankshares Corp | Financial Services | Banks - Regional | 2.41% |
| CRCL | Circle Internet Group, Inc. | Financial Services | Capital Markets | 2.38% |
| HLNE | Hamilton Lane Inc | Financial Services | Asset Management | 2.37% |
| NXST | Nexstar Broadcasting Group Inc | Communication Services | Broadcasting | 2.36% |
| SO | Southern Company | Utilities | Utilities - Regulated Electric | 2.31% |
| EME | EMCOR Group Inc | Industrials | Engineering & Construction | 2.23% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 2.20% |