
See exactly how PRAY's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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This fund typically invests in a diverse range of equity instruments, such as common stocks, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs), issued by both domestic and international companies. Its main objective is to achieve returns superior to those of the MSCI World Index, which is used as its performance benchmark. A core principle of the fund's investment approach is to dedicate at least 80% of its total assets—including net assets and any borrowed funds used for investment—to enterprises that adhere to biblically responsible criteria, particularly during normal market environments.

/PRNewswire/ -- FIS Bright Portfolios Focused Equity ETF (NYSE: BRIF) ("BRIF") held a special meeting of shareholders earlier today (the "Special Meeting"). At

Today, Faith Investor Services released its next ETF, the FIS Bright Portfolios Focused Equity ETF (BRIF). BRIF seeks to deliver long-term capital appreciation for its investors.

The week ending June 30 was marked by some key launches and a continued stream of ETF closures. In all, the ETF industry gained 13 new products.

Plus, a look at other ETF launches, closures and changes.

Faith Investor Services LLC and Capital Insight Partners LLC have announced the launch of the FIS Biblically Responsible Risk Managed ETF (NYSE Arca: PRAY), the first-ever actively managed, biblically responsible, risk-managed exchange traded fund. The fund, which begins trading on the NYSE Arca on Tuesday under the ticker symbol PRAY, seeks to allow investors to align [.