The Guru Value ETF will try to reflect the performance of the Solactive Guru Value Index, which is comprised of U.S.-listed equity positions reported on Form 13F from a select group characterized as premier value investors. Value investors buy securities that appear undervalued based on fundamental analysis. The ETF will have a 0.65% expense ratio. The Guru Activist ETF will try to reflect the performance of the Solactive Guru Activist Index, which is comprised of U.S.-listed equity positions reported on Form 13F from a select group characterized as premier activist investors.
Use MOAT’s holdings as a stock screener for quality stocks trading at a reasonable price. Morningstar’s analysts have done excellent research here, and you can essentially piggyback on it for free by following the ETF’s trading moves. You don’t have to buy every stock in its list-and you certainly don’t have to sell a good stock simply because MOAT sold it. But I consider MOAT one of several good screeners to get you started in your research.
Its bearish counterpart, visit this page FAZ, is down 0.83%. Among financial stocks, Loews (L) was up 1% after it reported Q3 earnings of $0.73 per share, compared with the prior-year period’s $0.45 per share. Analysts polled by Capital IQ were expecting EPS of $0.78, if comparable. Revenues were $3.7 billion, down from $3.71 billion in the same period last year.
Twitter Sparks Interest in IPO ETFs (FPX, IPO, FB)
The product also has an interesting mix of bellwether and non-bellwether stocks. Bellwether companies are indicative of the performance of the segment, while non-bellwether firms have some aspect of their business in robotics, but dont rely entirely on the space for their revenues. ROBO looks to put 40% of its portfolio in the bellwethers, and 60% into the non-bellwethers, though each individual bellwether stock will make up about 2.2% of the index, compared to just over 1% for the non-bellwether firms. In total, the ETF will hold about 77 stocks in its basket, putting heavy weights into the U.S. (36.4%), Japan (24.7%), and then German and Taiwanese (6.5% each) companies. For sector exposure, some of the top segments include industrials (50%), technology (31.6%), and health care (9.5%).
The ETF focuses on the 100 largest and most liquid U.S. IPOs. The stocks can be held in the ETF during the first 1000 trading days. The current top holding is FB, which makes up 11 percent of the allocation. Consumer discretionary and IT are the two sectors with the largest exposure and the ETF charges and annual expense ratio of 0.60 percent.