Adaptiv Select ETF (ADPV)
Adaptiv Select ETF operates in the Asset Management industry of the Financial Services sector, headquartered in West Bend, WI, US. The stock last traded at $45.91, up 1.75% on the session, giving a market capitalisation of $195.1M. Its beta of 1.05 implies it has historically moved more than the broad market.
The Adaptiv Select ETF (ADPV) seeks to generate long-term capital growth by primarily investing most of its assets in publicly traded shares of major U.S. corporations. A key aspect of its strategy is that these investments are made exclusively during periods when the broader U.S. stock market is showing general upward trends. While its portfolio predominantly features common stocks, the fund also has the option to invest in Real Estate Investment Trusts (REITs), provided these REITs are among the top 1,000 largest U.S.-listed companies by market capitalization. The fund operates on a non-diversified basis.
Adaptiv Select ETF is most often compared with the following Financial Services names: