Harbor Disruptive Innovation ETF (INNO)
Harbor Disruptive Innovation ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $17.72, up 1.57% on the session, giving a market capitalisation of $3.9M. On trailing twelve-month figures it carries a trailing P/E of -2.02, a net margin of -2.7%. Its beta of 1.30 implies it has historically moved more than the broad market.
The Harbor Disruptive Innovation ETF typically allocates its portfolio to common stocks of companies believed to offer significant growth potential through transformative breakthroughs. The adviser defines "disruptive innovation" as the introduction of novel products, services, technologies, or other advancements capable of fundamentally redefining or displacing existing industries and business models over time. While the fund's holdings are predominantly U.S.-based companies, it has the flexibility to invest up to 25% of its assets in international securities, including those from emerging market economies.
Harbor Disruptive Innovation ETF is most often compared with the following Financial Services names: