Newday Ocean Health ETF (AHOY)
Newday Ocean Health ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $24.33, down 0.07% on the session, giving a market capitalisation of $3.0M. Its beta of 0.95 implies it has historically moved less than the broad market.
Under typical market circumstances, the Newday Ocean Health ETF (AHOY) will dedicate at least 80% of its overall assets, including any capital obtained through borrowing for investment purposes, to companies it defines as Ocean Health Companies. These are businesses actively focused on and prioritizing concerns such as: curbing the release of excessive nutrients into bodies of water, addressing product waste throughout its entire lifecycle, committing to broader environmental stewardship, and/or reducing their carbon dioxide emissions. It's important to note that this fund operates on a non-diversified basis.
Newday Ocean Health ETF is most often compared with the following Financial Services names: