Miller Value Partners Appreciation ETF (MVPA)
Miller Value Partners Appreciation ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $37.03, down 0.20% on the session, giving a market capitalisation of $73.3M. Its beta of 1.06 implies it has historically moved more than the broad market.
This actively managed exchange-traded fund (ETF) aims to deliver returns that outperform the S&P 500 Index over an extended period. Its investment strategy involves Miller Value Partners, LLC (the Adviser) identifying and selecting securities believed to have a strong likelihood of surpassing the S&P 500's performance. The fund typically holds a focused collection of 20 to 40 common stocks, chosen without any restrictions based on their market capitalization. It is structured as a non-diversified investment.
Miller Value Partners Appreciation ETF is most often compared with the following Financial Services names: