Stock price when the opinion was issued
It's about behavioural economics. The ETF is a year old and it looks at how to capitalize on mispricings based on human behaviour. Investors are irrational. Say there's an earnings announcement and a stock beats or loses by a nickel, but the stock jumps way up or down out of proportional. This is for high-freqency traders capitalizing on the herd mentality of overreaction. MER of 1.16%