NYSE ARCA | ETF
The fund invests inU. S.-listed equity securities of companies that the fund"s investment sub-advisers expect to benefit from shifts in the regulatory environment that are supportive of free market dynamics.
These investments may include companies operating in segments of the economy currently burdened by high levels of regulation, such as the healthcare, financial services, and energy sectors, where the Sub-Advisers anticipate regulatory relief.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FGXXX | First American Funds Inc. - Government Obligations Fund | 11.75% | ||
| BTU | Peabody Energy Corp | Energy | Thermal Coal | 4.07% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 3.37% |
| UEC | Uranium Energy Corp | Energy | Uranium | 3.22% |
| WMB | Williams Companies Inc | Energy | Oil & Gas Midstream | 3.17% |
| CFG | Citizens Financial Group, Inc. | Financial Services | Banks - Regional | 3.12% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 3.09% |
| BX | Blackstone Group Inc | Financial Services | Asset Management | 3.07% |
| KEY | KeyCorp | Financial Services | Banks - Regional | 3.04% |
| EQT | EQT Corporation | Energy | Oil & Gas E&P | 2.96% |
| IBKR | Interactive Brokers Group Inc | Financial Services | Capital Markets | 2.94% |
| NXST | Nexstar Broadcasting Group Inc | Communication Services | Broadcasting | 2.75% |
| MCK | McKesson Corporation | Healthcare | Medical Distribution | 2.65% |
| JOBY | Joby Aviation | Industrials | Airports & Air Services | 2.65% |
| CME | CME Group Inc | Financial Services | Financial Data & Stock Exchanges | 2.64% |
| D | Dominion Energy Inc | Utilities | Utilities - Regulated Electric | 2.60% |
| TMO | Thermo Fisher Scientific Inc | Healthcare | Diagnostics & Research | 2.46% |
| AUB | Atlantic Union Bankshares Corp | Financial Services | Banks - Regional | 2.41% |
| CRCL | Circle Internet Group, Inc. | Financial Services | Capital Markets | 2.31% |
| SO | Southern Company | Utilities | Utilities - Regulated Electric | 2.31% |