None of TTAC’s holdings exceed weights of 1.50%. The fund allocates 45% of its combined weight to the technology and consumer discretionary sectors. Financial services and healthcare stocks combine for over 28%.
The ETF also focuses on share reduction, “float shrink” or buybacks, where companies execute share reductions by diminishing the amount of shares outstanding. The float shrink strategy helps provide further value to the investor as people end up holding a “larger piece of the pie.”
TTAC charges 0.59% per year, or $59 on a $10,000 investment.
For more market trends, visit ETFTrends.com.