Akros Monthly Payout ETF (MPAY)
Akros Monthly Payout ETF operates in the Asset Management industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $24.12, up 0.08% on the session, giving a market capitalisation of $3.2M. Its beta of 0.55 implies it has historically moved less than the broad market.
The fund primarily aims to replicate the performance of its benchmark index by investing in its constituent securities. This index is generally composed of around 18 exchange-traded funds (ETFs) and approximately 50 U.S. publicly traded stocks, collectively known as the "Equity Portfolio Sleeve," though its exact composition may be adjusted periodically. Additionally, the fund maintains the option to allocate up to 20% of its total assets to investments not included in the index, should the Adviser believe these holdings will help maintain consistent index tracking.
Akros Monthly Payout ETF is most often compared with the following Financial Services names: