Impact Shares NAACP Minority Empowerment ETF is a non-profit ETF with an ESG strategy aligned with NAACP values. NACP has moderate value characteristics and is close to the Russell 1000 regarding sector breakdown. NACP has outperformed the benchmark since inception, showing that ESG principles are not always a drag for investors.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Daniel Russell Naviter Wealth LLC | 7,208 | $355,065.36 | $426,317.16 | $71,251.8 | 20.07% |
Melissa Tiscareno Bradley & Co. Private Wealth Management LLC | 2,320 | $75,864 | $137,146.8 | $61,282.8 | 80.78% |
| MC mike Chen Byrne Asset Management LLC | 85 | $3,100.15 | $5,023.92 | $1,923.77 | 62.05% |
Lukas Lindgren Abound Wealth Management | 306 | $7,991.55 | $18,187.11 | $10,195.56 | 127.58% |
| CCW Cassaday & Co. Wealth Management LLC Cassaday & Co. Wealth Management LLC | 2,622 | $126,798 | $155,340.39 | $28,542.39 | 22.51% |
| ARCA Exchange | US Country |
This company operates a fund focusing on investments in large and mid-capitalization companies that are committed to empowering minorities. The investment strategy entails allocating at least 80% of its total assets, along with any borrowings intended for investment purposes, into securities that form part of an underlying index. This underlying index aims to track the performance of companies that not only empower minorities but also match the risk and return profile of the Morningstar U.S. Large-Mid Cap® Index. Through this targeted investment approach, the fund strives to contribute towards equitable growth and representation across various sectors, reflecting a commitment towards fostering diversity and inclusion within the corporate sphere.
The primary offering of this fund involves investment in Component Securities, which are integral to the underlying index specially designed to measure the performance of companies empowering to minorities. This focus ensures that investors are directly contributing to promoting diversity and inclusivity within the business world.
By adhering to a strict policy of investing at least 80% of its assets in the 80% basket, the fund aligns itself with the goal of supporting large and mid-cap companies that exhibit a strong commitment to minority empowerment. This strategic investment aligns with the aim of mirroring the risk-return profile of the well-regarded Morningstar U.S. Large-Mid Cap® Index, while also contributing towards creating a more inclusive and equitable corporate environment.