Anti-Defamation League Debuts What It Says Is First Jewish ETF
Two prominent Jewish groups are starting what they say is the first-ever exchange-traded fund that will tailor investments in S&P 500 Index companies depending on whether they're friendly to Jewish causes.
The Anti-Defamation League, an advocacy group that seeks to combat antisemitism, and Jewish investor group JLens, are debuting the JLens 500 Jewish Advocacy US exchange-traded fund with commitments of about $100 million, according to a statement Thursday. Its ticker will be 'TOV,' which means 'good' in Hebrew.
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