Stocks in WIL’s underlying index “also have to satisfy certain market capitalization, liquidity and other selection criteria and concentration limits,” according to Barclays.
Last month, former Bank of America (NYSE: BAC) Sallie Krawcheck “launched the Pax Ellevate Global Women’s Index Fund – co-branded with the Ellevate professional women’s network, formerly known as 85 Broads,” reports Michael Leibel for Reuters.
That fund holds shares of Dow components 3M (NYSE: MMM) and American Express (NYSE: AXP) along with General Mills (NYSE: GIS), among others.
Graphs Courtesy: Barclays
ETF Trends editorial team contributed to this post.