Since TTFS debuted in October 2011, 57 of its holdings have been acquired, indicating that buyers enjoy acquiring firms with tidy balance sheets. On average, 1.3 TTFS holdings per month have been acquired since the ETF launched. Alone, that statistic is impressive, but it is even more so when considering the ETF holds just 100 stocks.
Previous TTFS holdings that have been acquired include Allergan, Coventry Health, Forest Labs and Molex.
Due to increased buyback capacity from the technology sector, that group accounts for 20% of TTFS’ weight. The ETF allocates 18% of its weight to the healthcare sector, one of the busiest groups for mergers and acquisitions activity this year. Consumer discretionary and industrial names each receive 16% weights in TTFS. [Selective Approach to Buyback ETFs]
The ETF has received two consecutive five-star ratings from Morningstar and has seen its assets under management swell by more than 10% since eclipsing $200 million five weeks ago.
TrimTabs Float Shrink ETF
