Noble Absolute Return ETF (NOPE)
Noble Absolute Return ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $8.37, up 1.92% on the session, giving a market capitalisation of $18.2M. Its beta of 0.00 implies it has historically moved less than the broad market.
The Noble Absolute Return ETF is an actively managed investment vehicle that trades on exchanges. Its primary objective is to generate returns by strategically acquiring (going long on) securities anticipated to increase in price, and/or selling short those projected to decline. The portfolio's scope extends to publicly traded equities from both domestic (U.S.) and global exchanges, featuring companies of all market capitalization tiers – large, mid, and small. Notably, it operates as a non-diversified fund.
Noble Absolute Return ETF is most often compared with the following Financial Services names: