GlacierShares Nasdaq Iceland ETF
GLCR
NASDAQ Global Select- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- United States of America
- IPO Date
- Mar 26, 2025
- Website
- teucrium.com
- Similar Companies
- Business
- GlacierShares Nasdaq Iceland ETF (GLCR) is an exchange-traded fund that seeks to track the total return performance, before fees and expenses, of the MarketVector Iceland Global Total Return Net Index. The fund, issued by Listed Funds Trust and managed by Teucrium Investment Advisors LLC, invests primarily in common stocks, American Depositary Receipts (ADRs), or Global Depositary Receipts (GDRs) of Icelandic companies and companies related to the Icelandic economy; it employs a replication strategy by holding component securities in proportions similar to the index or a representative sampling approach when deemed advantageous. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, are invested in Icelandic equity securities across diversified sectors including financial services, consumer defensive, healthcare, real estate, and consumer cyclical; top holdings include Islandsbanki hf, Arion banki hf, Alvotech SA, Oculis Holding AG, and SalMar ASA. The non-diversified fund, domiciled in the United States with shares listed on Nasdaq, targets investors seeking exposure to Iceland's equity market, characterized by political stability, abundant natural resources, and renewable energy leadership. Launched on March 26, 2025, GLCR represents a recent entry providing efficient access to this underrepresented European market; the underlying MarketVector Iceland Global Index was developed in collaboration with New Iceland Advisors and licensed to GlacierShares via a strategic agreement announced in March 2025 with MarketVector Indexes, enhancing investor access to Iceland's capital markets. The fund, with total net assets of approximately $764,400 and a net expense ratio of 0.95%, began trading amid growing interest in Iceland's sustainable economy, including its 100% renewable electricity and leading fishing industry. No further major acquisitions, funding rounds, or product launches have been reported since inception, though the limited operating history underscores its status as a newly organized investment company.