As one might expect, the three funds have seen sparse trading volume in a limited time as live traded products and visual screen liquidity and depth may simply not be there at times in the early going, but that does not mean that larger dollar or share allocations cannot be made efficiently via block trading.
The funds themselves are notably diversified in terms of underlying holdings, as SIZE for instance owns 604 individual names, MTUM 126 holdings, and VLUE has 604.
The top three weightings in each fund are as follows: SIZE (KMB, SO, GIS), MTUM (PFE, JNJ, WMT), and VLUE (XOM, CVX, JPM), so largely very familiar equity names at least in the top portion of the index weightings. We will revisit these ETFs in several quarters as they lengthen their live performance tenures, and see if RIA and/or institutional assets begin to gravitate toward such strategies.
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
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