AXS Green Alpha ETF (NXTE)
AXS Green Alpha ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Port Chester, NY, US. The stock last traded at $47.87, up 1.90% on the session, giving a market capitalisation of $60.9M. Its beta of 1.81 implies it has historically moved more than the broad market.
The fund's core strategy dictates that at least 80% of its investable capital, including both its net assets and any funds borrowed for investment, will be allocated to companies demonstrating sustainable practices. This investment scope is flexible, allowing the fund to target businesses of any size, operating across various economic sectors, and situated in different geographical locations. While the advisor's primary aim is to invest a significant portion of its assets in common stocks and American Depositary Receipts (ADRs), it maintains the flexibility to hold up to 20% of its portfolio in highly liquid assets like U.S. Treasury Bills and money market instruments to manage day-to-day cash flow and liquidity needs.
AXS Green Alpha ETF is most often compared with the following Financial Services names: