Praxis Impact Large Cap Value ETF
PRXV
New York Stock Exchange Arca- -
USD
- -
- -
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
- Address
- 1110 N. Main Street Goshen IN United States of America 46528
- IPO Date
- Apr 7, 2025
- CIK
- 0000912900
- Website
- praxismutualfunds.com
- Similar Companies
- Business
- Praxis Impact Large Cap Value ETF (PRXV) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in U.S. large-cap value equity securities aligned with faith-based stewardship investing principles; it tracks the performance of the CRSP US Large Cap Value Index through quantitative optimization after applying proprietary values and risk screens to exclude industries inconsistent with Praxis core values and those with poor environmental, social, or governance factors. The fund, with a net expense ratio of 0.36%, employs seven impact strategies including values screening, proxy voting, sustainability integration, company engagement, advocacy, and community investing to promote real-world positive change. Launched on April 7, 2025, on the NYSE Arca exchange, PRXV forms part of Praxis Investment Management's ETF suite alongside the Praxis Impact Large Cap Growth ETF (PRXG), representing the firm's entry into lower-cost, liquid, tax-efficient values-driven products for faith-based investors and advisors. Praxis Investment Management, founded in 1994 and headquartered in Goshen, Indiana, operates as a subsidiary of Everence Financial and manages a broader suite of faith-based, socially responsible investment vehicles including mutual funds such as the Praxis Impact Bond Fund (MIIIX), Praxis Growth Index Fund (MMDEX), Praxis Value Index Fund (MVIIX), Praxis Small Cap Index Fund (MMSIX), and Praxis International Index Fund (MPLIX), as well as multi-fund portfolio solutions and money market accounts. The firm targets everyday investors, financial advisors, institutions, and faith-driven individuals seeking to integrate Christian values with financial performance across U.S. and international markets. In 2025, Praxis achieved significant milestones with mutual funds surpassing $3 billion in assets under management and its new ETFs reaching $100 million in AUM within five months of launch.