June 21, 2012 at 08:00 AM EDT
Huntington Jumps Into ETF Game With “EcoLogical” ETF
Huntington, a Columbus-based bank, made the jump into the ETF industry this week with the debut of an actively-managed ETF that will hold a portfolio of ecologically-focused companies. The new Huntington EcoLogical Strategy ETF (HECO) will target companies that “have positioned their business to respond to increased environmental legislation, cultural shifts towards environmentally conscious consumption, and capital investments in environmentally oriented projects.” Under the Hood HECO will maintain a portfolio covering a wide range of sectors, as opposed to being limited exclusively to “cleantech” type stocks. Rather, the strategy will seek to identify companies that demonstrate environmental stewardship, and provide products and services that advance green practices and show evidence of sustainability. But the manager will not focus solely on identifying stocks with positive environmental, social and governance (ESG) factors; it will also seek to pick out stocks that are positioned to benefit from changing laws, regulations and consumer behavior [...] Click here to read the original article on ETFdb.com. Related Posts: Pax World Launches ETFs Focused On Sustainable Investing AdvisorShares Launches Global Echo ETF (GIVE) Surprising Holdings In The “Socially Responsible” ETF Understanding Some Misunderstood ETFs Pax World Launches Socially Responsible EAFE ETF (EAPS)
Huntington, a Columbus-based bank, made the jump into the ETF industry this week with the debut of an actively-managed ETF that will hold a portfolio of ecologically-focused companies. The new Huntington EcoLogical Strategy ETF (HECO) will target companies that “have positioned their business to respond to increased environmental legislation, cultural shifts towards environmentally conscious consumption, and capital investments in environmentally oriented projects.” Under the Hood HECO will maintain a portfolio covering a wide range of sectors, as opposed to being limited exclusively to “cleantech” type stocks. Rather, the strategy will seek to identify companies that demonstrate environmental stewardship, and provide products and services that advance green practices and show evidence of sustainability. But the manager will not focus solely on identifying stocks with positive environmental, social and governance (ESG) factors; it will also seek to pick out stocks that are positioned to benefit from changing laws, regulations and consumer behavior [...]

Click here to read the original article on ETFdb.com.

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