ETFMG Sit Ultra Short ETF (VALT)
ETFMG Sit Ultra Short ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Summit, NJ, US. The stock last traded at $48.52, up 0.08% on the session, giving a market capitalisation of $75.4M. Its beta of 0.13 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) aims to achieve its financial goals by investing in a varied collection of premium short-duration debt instruments. These holdings include both domestic and foreign securities, all denominated in U.S. dollars. Typically, the fund concentrates its investments on fixed-income assets. It specifically targets U.S. debt obligations that carry an investment-grade credit rating.
ETFMG Sit Ultra Short ETF is most often compared with the following Financial Services names: