Stockchase Opinions

Michael BowmanPurpose Tactical Hedged EquityPHE.TOTOP PICKMay 13, 2014

Basically 70 US companies and is Rules-based so they are value, high quality companies. The portfolio is hedged with US futures and the hedge is based on 10 moving averages and they all have a different value. This ETF will be either 25%-75% net Long. Will be a very, very interesting product, especially now if we are looking for some sort of market correction.

$22.82

Stock price when the opinion was issued

$40.76

As of Jun 12, 2026. Market Open.

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