Gotham Index Plus Institutional (GINDX)
Gotham Index Plus Institutional operates in the Asset Management industry of the Financial Services sector, headquartered in Wilmington, DE, US. The stock last traded at $37.61, up 0.62% on the session, giving a market capitalisation of $1.30B. Its beta of 0.94 implies it has historically moved less than the broad market.
The Gotham Index Plus Institutional fund employs an "enhanced index" or "index plus" strategy, distinguishing it from a traditional passive index fund. Its investment approach involves taking both long and short positions in equity and equity-related securities. A segment of the fund's assets is dedicated to mirroring the performance of the S&P 500® Index. Complementing this, the fund also gains exposure through an actively managed long/short portfolio. This additional portfolio primarily invests in the 500 to 700 largest U.S. companies by market capitalization, utilizing both long and short holdings.
Gotham Index Plus Institutional is most often compared with the following Financial Services names: