(EATV) VegTech Plant-based - Ratings and Ratios

The VegTech Plant-based Innovation & Climate ETF (NYSE ARCA: EATV) is designed to capitalize on the growth of sustainable food systems and climate-conscious innovations. Under normal market conditions, the fund allocates at least 80% of its net assets to companies driving advancements in plant-based technologies, regenerative agriculture, and resilient food solutions. These firms either directly utilize plant-derived ingredients in their primary products or provide technological support to others doing so, fostering a shift toward diversified protein sources and eco-friendly materials. The ETF is non-diversified, allowing for concentrated exposure to this emerging sector.

As of the latest data, EATV trades with an average 20-day volume of 1,500 shares and a last price of $15.62. Its short-term technical outlook appears bearish, with the SMA 20 ($16.02), SMA 50 ($16.32), and SMA 200 ($16.74) all above the current price. The ATR of 0.30 indicates low volatility, suggesting price movements will likely remain muted. Over the next three months, EATV is expected to face headwinds from these bearish technical indicators, potentially leading to a slight decline or sideways trading. Its assets under management (AUM) stand at $5.52 million, reflecting its niche focus in the consumer defensive category.