Is Essential 40 Stock ETF (ESN) a Buy, Sell, or Hold?
NASDAQ : ESN
Essential 40 Stock ETF
$19.8237 USD
-$0.06 (-0.28%)
- Volume
- 53.7K
- Average Volume
- 75.99K
- Market Capitalization
- $182.99M
- P/E Ratio
- Dividend Yield
- %
- Price Target
- Year High
- $20.21
- Year Low
- $15.78
- Day High
- —
- Day Low
- —
- Payout Ratio
- Current Ratio
Company Overview
NASDAQ
None
Asset Management
Financial Services
ESN
N/A
US
USD
Liquidity Metrics
Sales & Valuation
-$
Profitability
-$
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P/E Metrics
Analyst Price Target & Rating
0/5
0 Analysts
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Poll Results
About Essential 40 Stock ETF (NASDAQ:ESN) Stock
The ESN fund is an Exchange Traded Fund (ETF) designed to track the performance of a specific index comprising leading U.S. blue-chip corporations. While it primarily holds all 40 securities that constitute this underlying index, the fund maintains the flexibility to modify its holdings under certain predefined circumstances. A dedicated committee is responsible for selecting the companies included in the index. This selection process employs a qualitative methodology, focusing on identifying businesses of significant economic importance and stability across various critical sectors, such as technology, consumer goods, energy, and healthcare. The committee's goal is to ensure diverse representation by choosing firms considered vital to the nation's economy. During its annual rebalancing, E ... SN assigns an equal weighting to each constituent firm, ensuring uniform exposure across all components. However, the fund retains the ability to adjust these weightings throughout the year, allowing for strategic over- or underweighting of positions to optimize its alignment with the index's composition. Furthermore, ESN has the discretion to allocate up to 20 percent of its total assets to strategies involving S&P 500 futures and options. Notably, ESN recently transitioned from a mutual fund structure to an ETF, launching with $70 million in assets under management.
Frequently Asked Questions
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What is the current Essential 40 Stock ETF (ESN) stock price?
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Essential 40 Stock ETF(NASDAQ:ESN) stock price is $19.8237 in the last trading session. During the trading session, ESN stock reached the peak price of $20.21 while $15.78 was the lowest point it dropped to. The percentage change in ESN stock occurred in the recent session was --0.28% while the dollar amount for the price change in ESN stock was -$0.06.
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ESN's industry and sector of operation?
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The NASDAQ listed ESN is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of ESN?
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How many employees does ESN have?
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Number of ESN employees currently stands at None. ESN operates from 141 W. Jackson Blvd., Suite 1711, Chicago, IL 60604, US.
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Link for ESN official website?
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Official Website of ESN is: https://essential40etf.com/#documents
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How do I contact ESN?
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ESN could be contacted at phone #1-800-617-0004 and can also be accessed through its website. ESN operates from 141 W. Jackson Blvd., Suite 1711, Chicago, IL 60604, US.
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How many shares of ESN are traded daily?
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The average number of ESN shares traded daily for last 3 months was 75.99K.
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What is the market cap of ESN currently?
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The market value of ESN currently stands at $182.99M with its latest stock price at $19.8237