The American Conservative Values ETF has added Tesla and Paramount Skydance back into its portfolio, saying both companies have stepped away from the kind of politicized behavior that punishes shareholders and distorts markets.
The Gaithersburg, Maryland–based fund, which trades under the ticker ACVF, announced the move after a Dec. 5 portfolio rebalance conducted as part of its ongoing risk and governance review.
An ETF, or exchange-traded fund, trades like a stock while holding a diversified basket of companies, and ACVF explicitly markets itself as “an investment alternative for politically conservative investors whose priority is shareholder returns.”
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