Touchstone ETF Trust - Touchstone Climate Transition ETF (HEAT)
Touchstone ETF Trust - Touchstone Climate Transition ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Cincinnati, OH, US. The stock last traded at $30.68, up 0.00% on the session, giving a market capitalisation of $13.8M. Its beta of 1.07 implies it has historically moved more than the broad market.
The Touchstone Climate Transition ETF (HEAT) primarily dedicates its capital to businesses poised to thrive amidst the global shift towards a more sustainable climate. As a standard practice, the fund commits a minimum of 80% of its total assets – which includes any funds acquired through borrowing for investment purposes – to such climate-transition-benefiting companies. Its equity holdings are diverse, typically encompassing common and preferred shares, along with various global equity instruments such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and European Depositary Receipts (EDRs). Additionally, the fund may invest in other collective investment schemes that focus on equity securities.
Touchstone ETF Trust - Touchstone Climate Transition ETF is most often compared with the following Financial Services names: