Long Pond Real Estate Select ETF (LPRE)
Long Pond Real Estate Select ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $29.52, down 0.18% on the session, giving a market capitalisation of $33.9M. Its beta of 0.66 implies it has historically moved less than the broad market.
The Long Pond Real Estate Select ETF aims to deliver comprehensive investment performance by allocating capital to well-established companies. It focuses on enterprises with a market valuation of at least $5 billion, which primarily generate their income from activities related to the real estate sector. The fund predominantly holds common stocks, encompassing Real Estate Investment Trusts (REITs) as well as other businesses that support the broader real estate industry. Typically, this ETF maintains a concentrated portfolio of around 30 individual company holdings.
Long Pond Real Estate Select ETF is most often compared with the following Financial Services names: