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The fund invests primarily in U.S. equity securities and seeks to provide investment results that correspond to the performance of the U.S. large cap growth equities market, as measured by the CRSP US Large Cap Growth Index, its performance benchmark index. Under normal circumstances, the fund invests at least 80 percent its net assets, plus borrowings for investment purposes, in securities of large cap growth companies that are aligned with the Praxis Stewardship Investing core values. The fund is non-diversified.

Pernix Group, Inc. (OTCMKTS:PRXG - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $35.85 and traded as low as $33.81. Pernix Group shares last traded at $33.81, with a volume of 10,224 shares trading hands. Pernix Group Stock Down 1.5%

Pernix Group, Inc. (OTCMKTS:PRXG - Get Free Report) shares crossed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $36.44 and traded as low as $36.36. Pernix Group shares last traded at $36.51, with a volume of 11,145 shares traded. Pernix Group Price Performance

On Tuesday, Praxis Investment Management made its foray into the world of ETFs with the launch of two new funds. Both of the new Praxis ETFs are actively managed and seek to offer long-term capital appreciation for investors.

GOSHEN, Ind.--(BUSINESS WIRE)---- $PRXG--Praxis Investment Management, a leading faith-based investment manager, today launched its first two exchange-traded funds (ETFs).