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The stock market doesn't care about your politics. Insisting on a portfolio that's red or blue can forfeit a lot of green.
Democratic Large Cap Core ETF (NASDAQ: DEMZ - Get Free Report) traded down 0.9% during trading on Thursday. The company traded as low as $43.84 and last traded at $43.84. 799 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 3,691 shares. The stock had previously closed at
Shares of Democratic Large Cap Core ETF (NASDAQ: DEMZ - Get Free Report) traded up 1% during mid-day trading on Wednesday. The company traded as high as $40.74 and last traded at $40.60. 2,122 shares were traded during trading, a decline of 44% from the average session volume of 3,802 shares. The stock had previously
DEMZ holds S&P 500 companies that contribute roughly 75% or more to Democratic causes and candidates. Its expense ratio is 0.45% and the ETF has $41M in assets under management. Its investment objective is to mirror the risk and return characteristics of the S&P 500 Index. So far, it has accomplished that goal, but mainly due to favorable sector allocations. I'm not convinced evaluating political contributions is a good way to categorize companies. For example, MSFT and NVDA are top holdings in both DEMZ and the American Conservative Values ETF.
‘There's no guarantee that any one of these funds will do well under a Democratic regime or a Republican regime,' one analyst notes.
After the closing bell on Jul 19, International Business Machines (IBM) reported mixed second-quarter 2023 results. It beat earnings estimates but lagged on revenues.
After the closing bell on Apr 20, International Business Machines (IBM) reported solid first-quarter 2023 results. This has put ETFs having the highest allocation to this tech giant in the spotlight.
NANC and KRUZ mimic the disclosures filed by politicians from the Democratic and Republican parties, respectively.