Loading…
Loading…
Flow Traders U.S. LLC cut its holdings in shares of Axs Kl Leaders Etf (NYSEARCA:KNO) by 69.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,063 shares of the company's stock after selling 41,759 shares during the period. Flow Traders U.S.
The AXS Knowledge Leaders ETF focuses on innovative global companies with strong R&D, patents, and employee education, offering a unique investment approach. The fund is diversified across all 11 economic sectors and 22 developed countries, avoiding home country bias and tech-heavy concentration. Academic studies support the "knowledge effect," suggesting that companies with high knowledge capital tend to outperform over time.
Financials have surged post-election, while sectors like real estate and consumer staples lag, hinting at a less aggressive Fed rate cut approach under Trump. KNO ETF's heavy allocation to Japanese and Eurozone equities poses risks, with currency impacts and economic headwinds likely to affect performance. U.S. equities in KNO offer some stability, but overall, the ETF's underperformance and high expense ratio, among other discussed factors, make it a risky investment.
Rebrands time-tested KLDW ETF, continuing its distinctive equity strategy based on Steve Vannelli's "Knowledge Effect" NEW YORK , July 22, 2024 /PRNewswire/ -- AXS Investments, provider of ETFs and mutual funds for growth, income and diversification, today launched the AXS Knowledge Leaders ETF (KNO) to offer a time-tested, geographically diverse path to invest in the stocks of innovative companies. The AXS Knowledge Leaders ETF (KNO) is an actively managed ETF that seeks long-term capital appreciation by investing in stocks of highly innovative companies in the developed world.
SEC filings for KNO aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.