Bluemonte Large Cap Value ETF (BVAL)
Bluemonte Large Cap Value ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Birmingham, AL, US. The stock last traded at $32.30, up 0.22% on the session, giving a market capitalisation of $280.8M. Its beta of 0.62 implies it has historically moved less than the broad market.
BVAL seeks capital growth by investing in unaffiliated ETFs with exposure to large-cap value companies. The underlying funds may be passively or actively managed, investing in US and/or non-US equity securities that appear to be undervalued relative to asset value, earnings, growth potential and cash flows. The fund employs a top-down approach, utilizing macro analysis. Through a fundamental analysis, the fund then employs bottom-up research to select investments. The sub-adviser identifies and determines the desired allocation mix and return profile, selecting funds believed to represent an asset class, are reasonably priced, and reflect relative performance when compared to similar ETFs. In assessing actively managed ETFs, the fund-of-funds performs additional analysis of the quality and tenure of an underlying funds management. As an actively managed ETF, the fund manager has full discretion to adjust the portfolio at any time.
Bluemonte Large Cap Value ETF is most often compared with the following Financial Services names: