The 2023 ETF Series Trust - Pictet Emerging Markets Rising Economies ETF (RISE)
The 2023 ETF Series Trust - Pictet Emerging Markets Rising Economies ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $18.72, up 0.25% on the session, giving a market capitalisation of $105.3M. On trailing twelve-month figures it carries a trailing P/E of -93.59, a net margin of 0.0%. Its beta of -0.11 implies it has historically moved less than the broad market.
The Pictet Emerging Markets Rising Economies ETF, operating under The 2023 ETF Series Trust, is an exchange-traded fund primarily overseen by Pictet Asset Management Limited, with co-management provided by Tidal Investments LLC. This fund directs its capital toward publicly traded equities within developing economies across the globe. Its portfolio encompasses shares of companies from various sectors, including the financial industry. Stock selections prioritize firms demonstrating both value and momentum attributes, spanning a wide range of market capitalizations. A core principle of its investment strategy is to include companies that exhibit social consciousness in their operations and actively contribute to environmental responsibility. The construction of its investment portfolio is informed by a robust combination of fundamental and quantitative analysis. The ETF measures its performance against the MSCI Emerging Markets Index TR USD. Notably, the fund abstains from investing in companies engaged in civilian firearms, military weaponry and related delivery systems, alcoholic beverages, tobacco products, gambling enterprises, and nuclear energy. This ETF is legally domiciled in the United States.