Italy's business lobby Confindustria has called for emergency action from the government to speed up the roll-out of renewable energy in the country, which is grappling with much higher power costs than in most of Europe.
EWI hits a 52-week high as improving industrial data and Italy's recovery narrative gain traction.
Italy needs to cut its remaining stake in bailed-out Monte dei Paschi di Siena (MPS) and will assess which party makes the best offer, Economy Minister Giancarlo Giorgetti said on Wednesday.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,384 | $75,025.28 | $83,593.6 | $8,568.32 | 11.42% |
Adams Wealth Management Adams Wealth Management | 148,756 | $5.57M | $8.98M | $3.41M | 61.22% |
| MS Missy Straw Nilsine Partners LLC | 176,239 | $8.11M | $10.62M | $2.51M | 30.98% |
| RG Robert Glass AlphaCentric Advisors LLC | 2,584 | $92,288.39 | $155,763.52 | $63,475.13 | 68.78% |
| SMK Solomon M. Kilgroe Cyndeo Wealth Partners LLC | 6,045 | $218,203.19 | $364,362.37 | $146,159.18 | 66.98% |
| ARCA Exchange | US Country |
The company operates as an investment fund with a strategic focus on capturing the value of the Italian equity market. It dedicates at least 80% of its assets towards investing in securities that are part of its underlying index or those with similar economic characteristics. The objective is to mirror the performance of the underlying index, which is a free float-adjusted market capitalization-weighted index geared towards tracking the large- and mid-capitalization segments of the Italian equity market. This fund is characterized by its non-diversified structure, indicating a concentrated investment approach in the Italian market segment it targets.
This product involves investing in the component securities of the fund's underlying index, focusing on replicating the performance of large- and mid-cap segments of the Italian equity market. The objective is to offer investors exposure to the Italian market through a selection of securities that are representative of its economic landscape, offering a direct correlation with the market’s performance.
In addition to direct index components, the fund invests in financial instruments and securities that have economic characteristics substantially identical to the component securities of its underlying index. This approach allows for flexibility in achieving the fund’s matching goal while providing similar market exposure and performance outcomes as the direct index components.