STXK

STXK is designed to provide exposure to an index of small-cap companies in the US equity market. Securities eligible for inclusion in the index are the remaining 600 components of the Bloomberg US 1500, the parent index, after excluding the top 900 securities by size. Final constituents are determined after meeting certain criteria such as that the company must be listed in a US exchange with its free float a minimum of 10% of the security's total shares outstanding. Each security is then market cap-weighted. It includes both common stock and real estate investment trusts. The fund intends to utilize a replication strategy which means it will invest all of its assets in the securities comprising the index. However, the adviser may use a sampling strategy if it is determined to be in the best interest of shareholders. The index is rebalanced semi-annually in January and July. Prior to January 25, 2023, the fund traded under the name Strive 2000 ETF and tracked the Bloomberg US 2000 Index.