BATS | ETF
Under normal circumstances,the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) inU. S.- listed companies that meet the Sub-Adviser"s definition of momentum ("Momentum Companies ").
The Sub-Adviser employs a multi-step, quantitative, rules-based methodology to identify a portfolio of approximately 50 to 200 equity securities with the highest relative momentum.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| SPOT | Spotify Technology SA | Communication Services | Internet Content & Information | 2.31% |
| TKO | TKO Group Holdings, Inc. | Communication Services | Entertainment | 2.25% |
| DUOL | Duolingo Inc | Technology | Software - Application | 2.24% |
| BK | The Bank of New York Mellon Corporation | Financial Services | Banks - Diversified | 2.23% |
| DOCS | Doximity Inc | Healthcare | Health Information Services | 2.23% |
| IDCC | InterDigital Inc | Technology | Software - Application | 2.23% |
| AXON | Axon Enterprise Inc. | Industrials | Aerospace & Defense | 2.17% |
| LYV | Live Nation Entertainment Inc | Communication Services | Entertainment | 2.16% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 2.16% |
| FFIV | F5 Networks Inc | Technology | Software - Infrastructure | 2.16% |
| APH | Amphenol Corporation | Technology | Electronic Components | 2.15% |
| TRGP | Targa Resources Inc | Energy | Oil & Gas Midstream | 2.14% |
| T | AT&T Inc | Communication Services | Telecom Services | 2.14% |
| CBRE | CBRE Group Inc Class A | Real Estate | Real Estate Services | 2.12% |
| TTWO | Take-Two Interactive Software Inc | Communication Services | Electronic Gaming & Multimedia | 2.11% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 2.10% |
| DASH | DoorDash, Inc. Class A Common Stock | Consumer Cyclical | Internet Retail | 2.09% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 2.09% |
| DTM | DT Midstream Inc | Energy | Oil & Gas Midstream | 2.06% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 2.06% |