Company Overview
Under normal market conditions, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in Ocean Health Companies. The fund categorizes an “Ocean Health Company” as a company that is concerned with and attentive to discharge of excess nutrients into bodies of water, end of lifecycle product waste, commitments to environmental protectionism, and/or CO2 emissions. The fund is non-diversified.
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 3.04M market capitalization
- Trading Volume: 387 shares traded today
- Price Range: 52-week range of $22.48 - $25.77
- Exchange: Listed on New York Stock Exchange Arca
Financial Metrics
Market Analysis for Newday Ocean Health ETF
Newday Ocean Health ETF (AHOY) operates in the Asset Management industry within the Financial Services sector. With a current market capitalization of 3.04M, the company represents a significant player in its market. The stock is currently trading at $24.33 with a negativedaily change of 0.07%.
The company's substantial employee base and presence on the New York Stock Exchange Arcaexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of 19.59, beta of 0.95, and 52-week price range from $22.48 to $25.77when evaluating investment opportunities.
Why Invest in Newday Ocean Health ETF?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange Arca)
- • Experienced leadership under
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.