Welcome to our dedicated page for Parnassus Value Select ETF news (Ticker: PRVS), a resource for investors and traders seeking the latest updates and insights on Parnassus Value Select ETF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Parnassus Value Select ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Parnassus Value Select ETF's position in the market.
Parnassus Investments launched its first two active ETFs: the Parnassus Core Select ETF (NYSE: PRCS) and the Parnassus Value Select ETF (NYSE: PRVS). Both ETFs will maintain concentrated portfolios of approximately 25 U.S. large-cap stocks, compared to typical 40-stock portfolios. PRCS focuses on high-quality stocks positioned for long-term growth, while PRVS targets undervalued stocks poised for recovery.
The ETFs offer investors benefits including selective exposure to sustainable businesses, intraday trading flexibility, enhanced tax efficiency, and daily transparency of holdings. PRCS will be managed by Todd Ahlsten, Benjamin Allen, and Andrew Choi, while PRVS will be managed by Billy Hwan and Krishna Chintalapalli.