NYSE ARCA | ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index.
The underlying index is designed to measure the performance of approximately 100 stocks in the S&P 500® Index that have the highest momentum score.
In general, momentum is the tendency of an investment to exhibit persistence in its relative performance; a momentum style of investing emphasizes investing in securities that have had better recent performance compared to other securities.
It is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AAPL | Apple Inc | Technology | Consumer Electronics | 9.89% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 9.26% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 8.44% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 8.24% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 7.40% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 6.94% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 6.80% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 5.83% |
| MU | Micron Technology Inc | Technology | Semiconductors | 5.43% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 5.36% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 5.09% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 4.93% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 4.55% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 4.06% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 3.94% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 3.92% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 3.74% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 3.19% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 3.05% |
| CAT | Caterpillar Inc | Industrials | Farm & Heavy Construction Machinery | 2.78% |