Invesco MSCI Green Building ETF (GBLD)
Invesco MSCI Green Building ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $18.73, down 0.66% on the session, giving a market capitalisation of $5.5M. Its beta of 1.03 implies it has historically moved more than the broad market.
The Invesco MSCI Green Building ETF (the Fund) is designed to mirror the performance of the MSCI Global Green Building Index (the Index). Generally, at least 90% of the Fund's total net assets are allocated to the securities included in this Index. The Index is comprised of businesses that offer exposure to the crucial environmental impact sector known as "green building." These green building enterprises encompass those involved in the planning, development, refurbishment, upgrading, or purchase of environmentally certified real estate. Their collective goal is to promote and enhance methods for successful climate change mitigation and adaptation. The Index's performance is computed using a net return basis, accounting for the withholding of relevant taxes for foreign investors. Both the Fund's investment portfolio and the Index's constituent list are rebalanced on a quarterly schedule.
Invesco MSCI Green Building ETF is most often compared with the following Financial Services names: