Strategy Shares Halt Climate Change ETF
NZRO
NASDAQ Global Market- -
USD
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- -
Capital Structure
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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
- 53 Palmeras Street San Juan PR United States of America 00901
- IPO Date
- Jan 11, 2022
- CIK
- 0001506213
- Similar Companies
- Business
- Strategy Shares Halt Climate Change ETF (NZRO) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in equity securities of climate-conscious companies committed to curbing or mitigating the effects of climate change. The fund screens global common stocks and American Depositary Receipts (ADRs) for issuers meeting rigorous environmental criteria, including direct commitments to net-zero or reduced carbon emissions via pledges such as the Paris Agreement or The Climate Pledge; derivation of at least 50% of revenues, profits, or assets from low-carbon initiatives like clean transportation, industrial efficiency, electrification, or climate-conscious value chains; or significant capital expenditures accelerating the transition from fossil fuels to renewable energy, with such activities intended to become core to their business. It excludes companies principally engaged in the extraction, development, or transportation of oil, gas, or other fossil fuels; following initial screening and fundamental review of financial statements, business models, credit metrics, valuations, and company-specific factors, the adviser selects and weights holdings based on risk-return potential, with ongoing monitoring of green commitments and fundamentals. Strategy Shares invests fund profits into private initiatives aimed at halting and reversing climate change impacts. NZRO trades on the Nasdaq Stock Market under the ticker NZRO (CUSIP 86280R837), with a gross expense ratio of 0.95% and annual distributions; creation units consist of 25,000 shares, traded in the secondary market at market prices that may differ from net asset value (NAV). The fund targets companies exemplifying sustainability goals, such as Microsoft (pledging carbon negativity by 2030 and full historical carbon removal by 2050), Adobe (100% renewable energy by 2035 with grid decarbonization advocacy), and Tesla (whose 2020 vehicle and solar fleet avoided 5 million metric tons of emissions). It maintains a non-diversified portfolio with potential exposure to emerging markets, foreign securities, and higher turnover, managed by Rational Advisors, Inc., with portfolio managers David Miller (CIO), Charles Ashley, and Robert Gough. Launched on January 10, 2022 (commencing operations January 7, 2022), NZRO forms part of Strategy Shares, a series of the Delaware statutory trust organized on September 7, 2010, and registered under the 1940 Act as an open-end management investment company headquartered at 36 North New York Avenue, Huntington, New York 11743. The fund operates globally, with blended development focus across regions, and as of recent data maintains approximately $1.05 million in assets under management. No major recent partnerships, acquisitions, funding rounds, new product launches, or strategic shifts specific to NZRO have been reported in the last 1-2 years; the fund remains active with ongoing operations under Rational Advisors, distributed by Foreside Fund Services, LLC, and administered by Citi Fund Services Ohio, Inc.