ALPS Electrification Infrastructure ETF (ELFY)
ALPS Electrification Infrastructure ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $38.82, up 0.62% on the session, giving a market capitalisation of $183.0M. Its beta of 0.99 implies it has historically moved less than the broad market.
The underlying index utilizes a proprietary, rules-based methodology developed by Ladenburg Thalmann Index, LLC (the “index provider”), which is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization companies that are positioned to benefit from “electrification”. The fund will invest at least 80% of its net assets in securities that comprise the underlying index.
ALPS Electrification Infrastructure ETF is most often compared with the following Financial Services names: