Reverb ETF (RVRB)
Reverb ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $33.49, down 13.03% on the session, giving a market capitalisation of $5.3M. Its beta of 1.01 implies it has historically moved more than the broad market.
The fund primarily allocates its capital to the publicly traded stock of approximately 500 leading U.S. companies, listed on major national exchanges. These firms, which constitute the 'Investable Universe,' are chosen by the Adviser based on their free-float market capitalization. The Adviser then employs a market 'sentiment' based investment strategy, powered by its proprietary web-based algorithm (dubbed the 'Reverberate App' or 'App'), to dynamically adjust the allocation weights of the fund's portfolio holdings.
Reverb ETF is most often compared with the following Financial Services names: