Absolute Core Strategy ETF (ABEQ)

NYSEARCA: ABEQ · IEX Real-Time Price · USD
26.81
-0.17 (-0.65%)
At close: Jun 23, 2022 4:00 PM
26.81
0.00 (0.00%)
After-hours: Jun 23, 2022 8:00 PM EDT
-0.65%
Assets $61.69M
NAV $26.82
Expense Ratio 0.85%
PE Ratio 16.71
Shares Out 2.30M
Dividend (ttm) $0.17
Dividend Yield 0.64%
Ex-Dividend Date Dec 30, 2021
1-Year Return -1.80%
Volume 6,733
Open 26.98
Previous Close 26.98
Day's Range 26.67 - 26.98
52-Week Low 26.60
52-Week High 31.00
Beta 0.67
Holdings 25
Inception Date Jan 22, 2020

About ABEQ

The fund's investment sub-adviser (the Subadviser), seeks to achieve it's objective by investing primarily in equity securities of U.S. companies that the Subadviser believes are priced at a substantial discount to the Subadviser's estimate of fair value. The fund may invest in companies of any market capitalization and in any economic sector, including equity securities of foreign companies that trade on U.S. exchanges, either directly or through American Depositary Receipts (ADRs). It is non-diversified.

Asset Class Equity
Region North America
Issuer Absolute Investment Advisers LLC
Stock Exchange NYSEARCA
Ticker Symbol ABEQ
Index Tracked SSGA Total Stock Market Index

Top 10 Holdings

64.05% of assets
Name Symbol Weight
Us Dollars n/a 20.16%
Berkshire Hathaway BRK.B 8.17%
Loews L 5.31%
Agnico Eagle Mines Ltd AEM.TO 5.24%
Enbridge Inc ENB.TO 4.77%
Merck & Co. MRK 4.47%
Verizon Communications VZ 4.28%
Unilever UL 4.28%
Dominion Energy D 3.81%
Barrick Gold Corp ABX.TO 3.57%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 30, 2021 $0.1277 Jan 5, 2022
Jun 29, 2021 $0.044001 Jul 6, 2021
Dec 31, 2020 $0.089 Jan 4, 2021
Dec 30, 2020 $0.0893 Jan 4, 2021
Jun 29, 2020 $0.0624 Jul 1, 2020
Full Dividend History

News

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Absolute Launches New Strategy ETF ‘ABEQ’

Absolute Investment Advisors, a group devoted to helping financial advisors diversify their portfolios and manage risk, launched a new ETF on NYSE Arca on Wednesday.