RiverNorth Patriot ETF (FLDZ)
RiverNorth Patriot ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $33.74, up 0.91% on the session, giving a market capitalisation of $4.4M. Its beta of 0.77 implies it has historically moved less than the broad market.
This actively managed Exchange Traded Fund (ETF) endeavors to meet its investment goals by concentrating its portfolio on equity securities. Specifically, it targets common stocks of mid-sized and large companies that are intrinsically linked to the U.S. economy. The fund's sub-adviser considers a company to be tied to the U.S. economy if it is incorporated under U.S. laws, its shares are predominantly traded in the United States, and it generates a minimum of 90% of its revenue from domestic activities. It's important to note that this fund is structured as non-diversified.
RiverNorth Patriot ETF is most often compared with the following Financial Services names: