LGBTQ100 ESG ETF
LGBT
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 16 Firebush Road Levittown PA United States of America
- IPO Date
- May 17, 2021
- Similar Companies
- Business
- LGBTQ100 ESG ETF (LGBT) is an exchange-traded fund that seeks to track the performance of the LGBTQ100 ESG Index by investing at least 80% of its net assets in components of the underlying index; the index comprises the top 100 U.S. large-cap companies screened for alignment with LGBTQ community values, workplace diversity, and environmental, social, and governance (ESG) criteria from a universe of 500 publicly traded corporations. The ETF offers investors exposure to growth and value stocks across diversified sectors, including technology leaders like Facebook, Amazon, Apple, Netflix, and Google, focusing on socially conscious firms promoting equality and environmental responsibility. ProcureAM, LLC, a wholly owned subsidiary of Procure Holdings, LLC and based in Levittown, Pennsylvania, serves as the issuer and launched the ETF on May 18, 2021, in partnership with LGBTQ Loyalty Holdings, Inc. and its subsidiary Advancing Equality Preference, Inc. The fund targets U.S. public equity markets and caters to investors prioritizing diversity, inclusion, and ESG principles, with assets under management of approximately $2.66 million and a net expense ratio of 0.75% as of late 2025. It employs a representative sampling technique to replicate the index, which was originally launched in November 2019 and reconstituted ahead of the ETF's debut. In a significant operational change, the ETF faced liquidation proceedings announced by ProcureAM, with operations ceasing on or about April 28, 2022, due to low assets and board determination, though current trading data reflects ongoing activity on NYSE Arca under ticker LGBT at around $26.61 per share. Prior to this, key developments included a $440,000 convertible preferred stock agreement with GHS Investments in April 2021 to support launch and marketing efforts, as well as a 2020 partnership with C8 Technologies to enable direct indexing of the underlying LGBTQ100 ESG Index. No major new product launches, acquisitions, or expansions have been reported since the 2021 launch.