AMCA: new US Revenue ETF launched by iShares

CLOSED 08/23/2021

iShares, begun trading a new US Revenue ETF, the iShares Russell 1000 Pure U.S. Revenue ETF (Nasdaq: AMCA) on Thursday, August 10, 2017. Here is a synopsis of the new ETF:

 

FUND INFORMATION:

 Symbol: AMCA  Exchange: NASDAQ 
 Name: iShares Russell 1000 Pure U.S. Revenue ETF   Net Expense Ratio: 0.15%

 

FUND OBJECTIVE:
The  iShares Russell 1000 Pure U.S. Revenue ETF seeks to track the investment results of the Russell 1000 Pure Domestic Exposure Index.

 

REFERENCE INDEX:
The Russell 1000 Pure Domestic Exposure Index is designed to reflect the performance of the common stock of companies that earn a higher percentage of their revenues through sales in the United States as compared to other large- and mid-capitalization companies in the U.S. equity market.
The Underlying Index is a subset of market capitalization-weighted Russell 1000 Index. All companies in the Russell 1000 Index that have a domestic sales ratio of 90% or greater will be included in the Underlying Index. Domestic sales ratio is calculated as the percentage of a company’s latest reported domestic revenues compared to the company’s total revenues as of the data cut-off date. The Underlying Index will be reviewed and reconstituted annually in September using data at the close of the last business day of August (the data cut-off date). As of July 11, 2017, a significant portion of the Underlying Index is represented by securities of consumer services and financials companies.

Fund Top 10 Holdings (08/10/17):

AT AT&T INC 3.65%
BAC BANK OF AMERICA CORP   3.40%
WFC WELLS FARGO   3.30%
BRKB BERKSHIRE HATHAWAY INC CLASS B   3.12%
VZ VERIZON COMMUNICATIONS INC   3.05%
CMCSA COMCAST A CORP   2.98%
HD HOME DEPOT INC   2.88%
UNH UNITEDHEALTH GROUP INC  2.87%
MO ALTRIA GROUP INC   1.95%
UNP UNION PACIFIC CORP   1.29%

 

 

Useful Links:
AMCA Home Page

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