Overview
Description
The Innovator IBD 50 ETF is an exchange-traded fund designed to track the performance of the IBD 50 Index. The primary purpose of this ETF is to provide investors with exposure to a diversified basket of stocks representing high-growth companies. The IBD 50 Index is composed of leading growth stocks selected based on fundamental and technical criteria by Investor's Business Daily. This ETF is significant for its focus on dynamic companies across various sectors that are characterized by strong earnings, sales growth, and other quantitative factors.
The ETF aims to offer investors a strategic vehicle to access some of the market's most promising growth stories without the need to individually select and manage the stocks. The Innovator IBD 50 ETF plays a crucial role for both individual and institutional investors seeking growth-oriented holdings within their equity portfolio. By encompassing multiple sectors like technology, healthcare, and consumer goods, this ETF provides a balanced approach to capturing growth potential while mitigating risks associated with concentrating in one domain.
About
Address
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Phone
(215) 979-3750
Website
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Instrument type
ETF
Country
United States
MIC code
ARCX