Sparkline Intangible Value ETF (ITAN)
Sparkline Intangible Value ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Newtown Square, PA, US. The stock last traded at $44.27, up 0.14% on the session, giving a market capitalisation of $56.9M. Its beta of 1.08 implies it has historically moved more than the broad market.
The fund is an actively-managed exchange-traded fund (“ETF”). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the “Sub-Adviser”) believes are attractive relative to its proprietary measure of “intangible-augmented intrinsic value.” The fund’s investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.
Sparkline Intangible Value ETF is most often compared with the following Financial Services names: