Company Overview
The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price. It will generally have net exposure of 75% - 110% long. The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds. It is non-diversified.
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 27.96M market capitalization
- Trading Volume: 687 shares traded today
- Price Range: 52-week range of $23.15 - $28.13
- Exchange: Listed on New York Stock Exchange Arca
Financial Metrics
Market Analysis for Leatherback Long/Short Alternative Yield ETF
Leatherback Long/Short Alternative Yield ETF (LBAY) operates in the Asset Management - Leveraged industry within the Financial Services sector. With a current market capitalization of 27.96M, the company represents a significant player in its market. The stock is currently trading at $25.73 with a positivedaily change of 1.50%.
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 17.80, beta of 0.50, and 52-week price range from $23.15 to $28.13when evaluating investment opportunities.
Why Invest in Leatherback Long/Short Alternative Yield 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.