|Bid||63.00 x 1400|
|Ask||71.63 x 1400|
|Day's Range||71.35 - 71.69|
|52 Week Range||60.01 - 78.06|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.95|
|Expense Ratio (net)||0.20%|
State Street Global Advisors won praise in March 2017, when it unveiled a bronze sculpture on Wall Street called Fearless Girl, whose defiant pose was meant to represent the fight for gender equity in the American workplace. State Street says that looking at proxy votes alone can produce an incomplete measure of an investment manager’s dedication to gender equality.
Socially responsible ETFs are more than a fell-good investment theme. Haim Israel, an equity strategist at Bank of America Merrill Lynch, argued that gender diversity can boost return on equity, profit, dividends and market cap at a lower risk rate, CNBC reports. Israel's findings come amidst the spotlight on pay and employment gap between men and women, with several companies like General Motors and Johnson & Johnson taking steps to bridge that gap.
We have highlighted some top-ranked stocks that are headed by female CEOs and have massive upside potential in the coming years. Also, there are a three ETFs offering broad exposure to women-led companies.
March 8 is International Women's Day, and on March 7, the SPDR SSGA Gender Diversity Index ETF (NYSE: SHE) celebrated its third anniversary. Also known as “gender lens investing,” gender equality investing principles and strategies have been around awhile, but have received renewed attention in recent years.
Much of the allure of socially responsible investing comes from its do-well-by-doing-good philosophy. Debates erupt frequently about what constitutes a socially responsible company or what screening criteria to use (or not use). “With everybody defining things how they want to see it, you have this massive amount of confusion,” said William Burckart, president and chief operating officer of the Investment Integration Project.
BOSTON/NEW YORK (Reuters) - In America's corporate boardrooms, diversity is making uneven progress: Women increasingly are pulling up a chair while racial and ethnic minorities still rarely get seats at the table. Twenty-seven percent of new directors at companies in the Russell 3000 Index were women during 2016-2018, up from 21 percent in the previous three-year period, according to estimates by ISS Analytics in an analysis for Reuters News. White men have long dominated U.S. corporate boards, for reasons including bias and insular networks that don't necessarily invite in female or minority candidates.
Caterpillar’s (CAT) Resource Industries segment is the smallest contributor to the company’s overall revenue. The segment had a revenue share of 19.5% in the third quarter. The segment’s revenue growth was driven by the continued demand for mining and heavy construction equipment.
In the second quarter, the SEC’s 13F filings from institutional investors indicate that they own 66.7% of Caterpillar’s (CAT) outstanding shares. Of the 1,612 institutional investors that hold Caterpillar, 704 have increased their positions, 639 have reduced their positions, and 269 have maintained their positions.
State Street kicked off a revolutionary investing trend when it launched the first U.S. exchange traded fund, SPDR S&P 500 ETF Trust, in 1993.
Despite having a premium valuation, analysts are still bullish about Mastercard (MA) and foresee high single-digit growth in its stock price. The company’s consistently strong quarterly performance numbers and its encouraging outlook for 2018 are reflected in its ratings.
Impact Shares, the upstart, non-profit exchange-traded funds issuer, added to its lineup Monday with the debut of the Impact Shares YWCA Women’s Empowerment ETF (NYSE: WOMN ). The new ETF tracks the Morningstar ...
Caterpillar’s (CAT) Resource Industries segment is the company’s lowest revenue contributor. The segment had a revenue share of 18% in the second quarter. The segment’s revenue share increased by 1.8 percentage points on a YoY (year-over-year) basis. The segment reported revenues of $2.52 billion in the second quarter, which implies an increase of 37.6% on a YoY basis. In the second quarter of 2017, the segment reported revenues of $1.83 billion.
On September 11th, 2018, Gitterman Wealth Management will co-host the Sustainable Investing Conference at the United Nations . A year earlier, on October 19th, 2017, the firm hosted the NYC Sustainable ESG Investing Conference for Financial Advisors ...
More investors are examining socially responsible investing (SRI) strategies, including funds adhering to environmental, social and governance (ESG) investing principles. Data suggest an increasing amount of market participants are mulling ESG investing. Just a few years ago, barely more than a third of investors considered ESG investing, but today, that number is close to half and it is even higher among the coveted millennial category.
Much has been said about the millennial generation's investment practices ( or perhaps about the lack thereof). Suffice it to say, millennial investors often approach their financial decisions in a different way from generations before them. A once-standardized stock and bond portfolio is not necessarily an ideal approach for these young investors.