Spinnaker ETF Series - Parabla Innovation ETF (LZRD)
Spinnaker ETF Series - Parabla Innovation ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $9.79, down 0.15% on the session, giving a market capitalisation of $697,729. Its beta of 2.00 implies it has historically moved more than the broad market.
This fund aims to achieve its investment goals by acquiring U.S.-listed equity securities of companies, both domestic and international (including those from emerging markets), that demonstrate significant innovation within their respective sectors, referred to as “Innovative Companies.” While its scope is global, the portfolio is expected to predominantly consist of businesses headquartered in North America. Notably, this fund is classified as non-diversified.
Spinnaker ETF Series - Parabla Innovation ETF is most often compared with the following Financial Services names: