Gotham Enhanced 500 ETF (GSPY)
Gotham Enhanced 500 ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $42.76, up 0.54% on the session, giving a market capitalisation of $745.5M. Its beta of 0.96 implies it has historically moved less than the broad market.
The Gotham Enhanced 500 ETF (GSPY) is an actively managed exchange-traded fund. Its primary goal is to meet its investment objective by primarily allocating capital to the stocks of companies found within the S&P 500 Index. Crucially, this is not a traditional passive index fund; instead, it employs an "enhanced" investment strategy. This approach is executed by the fund's investment sub-adviser, who selects holdings from the S&P 500. However, rather than strictly mirroring the index, they adjust the proportion of each security based on a dual assessment: the sub-adviser's own valuation of each company and its existing representation within the broader S&P 500 index.
Gotham Enhanced 500 ETF is most often compared with the following Financial Services names: