iShares Launches Environmental Infrastructure & Industrials ETF

Share post:

Among the 14 ETF launches last week, iShares announced the launch of a new ETF targeting environmental infrastructure and its industrials. The iShares Environmental Infrastructure and Industrials ETF (EFRA) is available for trade on the Nasdaq and looks to follow companies that provide solutions in their given fields that support the clean energy industry. It tracks the FTSE Green Revenues Select Infrastructure and Industrials Index which only invests in companies that have 40% or more of their revenue as “green” following 29 micro sectors of three themes, energy efficiency mitigation, reduction of pollution, and resource and land efficiency.

ETF Newz Says:

EFRA tracks 45 companies as of launch with an expense ratio of 0.47%.

Related

Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...