Opinions
Mike S. Newton, CIM FCSI
PWSH SP 500 HI Bet E.T.F.
SPHB-N
PAST TOP PICK
Aug 13, 2014
$32.830
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
(A Top Pick Aug 26/13. Up 26.19%.) This is a vehicle that takes the 100 highest beta names constructed in the S&P 500, and then it rebalance is it. He had thought that people were being too cautious and felt that a contrarian play would hopefully deliver a little bit more beta. The one criticism he would have on this is that the correlation with the S&P 500 has been pretty tight. Still likes the name and it is a great place to park money in between.