BATS | ETF
The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in publicly-traded real estate investment trusts ("REITs") that derive their revenue from ownership and/or management of residential properties.
Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in Residential REITs.
The remainder of the fund"s net assets typically will be invested inU. S. real estate-related securities that are traded on aU. S. exchange ("Real Estate-Related Securities").
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| CTRE | CareTrust REIT Inc. | Real Estate | REIT - Healthcare Facilities | 5.30% |
| VTR | Ventas Inc | Real Estate | REIT - Healthcare Facilities | 5.07% |
| DHC | Diversified Healthcare Trust | Real Estate | REIT - Healthcare Facilities | 4.99% |
| WELL | Welltower Inc | Real Estate | REIT - Healthcare Facilities | 4.87% |
| CSR | Centerspace | Real Estate | REIT - Residential | 4.63% |
| UMH | UMH Properties Inc | Real Estate | REIT - Residential | 4.62% |
| ELME | Elme Communities | Real Estate | REIT - Residential | 4.52% |
| IRT | Independence Realty Trust Inc | Real Estate | REIT - Residential | 4.48% |
| BRT | BRT Realty Trust | Real Estate | REIT - Residential | 4.48% |
| ELS | Equity Lifestyle Properties Inc | Real Estate | REIT - Residential | 4.42% |
| CPT | Camden Property Trust | Real Estate | REIT - Residential | 4.30% |
| SUI | Sun Communities Inc | Real Estate | REIT - Residential | 4.26% |
| VRE | Veris Residential Inc | Real Estate | REIT - Residential | 4.23% |
| UDR | UDR Inc | Real Estate | REIT - Residential | 4.23% |
| ESS | Essex Property Trust Inc | Real Estate | REIT - Residential | 4.22% |
| MAA | Mid-America Apartment Communities Inc | Real Estate | REIT - Residential | 4.22% |
| EQR | Equity Residential | Real Estate | REIT - Residential | 4.18% |
| MRP | Millrose Properties, Inc. | Real Estate | REIT - Residential | 4.11% |
| AMH | American Homes 4 Rent | Real Estate | REIT - Residential | 4.10% |
| AVB | AvalonBay Communities Inc | Real Estate | REIT - Residential | 4.09% |