Main Thematic Innovation ETF (TMAT)

Exchange: BATS

$22.17 ($-0.41) -1.80%

Data as of Nov. 30, 2021

Nov. 30, 2021
Main Thematic Innovation ETF - Daily Information
Click for more stock information on Main Thematic Innovation ETF.
Daily Information Data
Date Nov. 30, 2021
Open $22.29
Previous Close $22.17
High $22.29
Low $22.06
Adjusted Open $22.29
Previous Adjusted Close $22.17
Adjusted High $22.29
Adjusted Low $22.06

About Main Thematic Innovation ETF (TMAT)

The Fund utilizes a “fund of funds” structure to invest in theme-based equity exchange traded funds (“ETFs”). The Fund seeks to achieve its objective through dynamic thematic rotation. The Adviser focuses its research primarily on identifying emerging, disruptive, and innovative themes that have a large market demand or “addressable market.” The Adviser rotates among themes with large addressable markets which may range from nascent technologies to those on the cusp of widespread adoption and buys securities of ETFs investing in those themes.  As we have seen in the past from other disruptive technologies, the market often does not initially price a theme appropriately, or even for several years, as the market’s response to the theme is often underestimated. Disruptors must continually reinvest in their future and expand their reach as they grow and these moves are hard for markets to accurately price, resulting in the potential for appreciation.  The portfolio managers set price targets for each position and will revisit a position when the price target is met, revising upwards when deemed appropriate or selling when the investment committee concludes the theme has either run its course or is no longer likely to provide further exposure to growth, disruption, or innovation. Looking for themes with large market demand may mean price targets are revised upwards multiple times. The holding period is long-term as it may take years or even decades for themes to realize their full potential.  The Adviser rebalances the Fund’s portfolio when the investment committee deems appropriate. Given the longer-term nature of thematic development, an automatic monthly or quarterly rebalancing policy could be counterproductive to the Fund’s objective of seeking maximum return. From time to time, the Fund may use a covered call or covered put option strategy in an attempt to dampen volatility and generate additional returns.  The Fund is an actively managed ETF and does not seek to replicate the performance of a specified index. In selecting investments for the Fund’s portfolio, the Adviser adheres to the investment process described below.  Assessing Market Conditions. The Adviser determines the Fund’s target allocations by analyzing developing and ongoing technological and behavioral themes and their underlying addressable markets. The Adviser identifies themes consisting of securities in the aggregate that are poised for significant growth, disruption, or innovation. To identify such themes, the Advisor analyzes economic growth forecasts, changes in the factors driving growth, behavioral patterns among consumers, as well as other macroeconomic fundamentals. Themes may include: genomics, fintech, e-commerce, robotics, artificial intelligence, cyber security, clean energy, cloud computing, autonomous tech, gaming & e-sports, and pet care. The Adviser identifies themes that have large addressable markets and may be still early in their life cycle. In addition, the advisor considers fundamental factors such as Price to Growth, Price to Earnings, Price to Book, and Price to Sales. The growth rate and size of the addressable market are the primary metrics of consideration.  Identifying the Appropriate ETFs. The Adviser then seeks to identify 5-15 theme-based ETFs to implement its strategic asset allocation and thematic views by evaluating various factors in the respective ETFs including their respective underlying indexes and portfolio holdings, sector exposure and weightings, liquidity profiles, and tracking error. At any given time, the Fund may have a significant percentage of its assets invested in one or more sectors than other sectors.  Option Strategy. The Fund may from time to time incorporate a covered call option writing strategy. Covered call option writing is an investment strategy of writing (selling) call options against securities owned by the Fund to generate additional returns from the option premium. The Fund may also seek returns by writing (selling) secured put options. The Fund may seek to hedge downsized risk by purchasing protective puts. A “put option” is an option contract that gives the owner the right to sell the underlying security at a specified price (the strike price) until its expiration at a fixed date in the future. The Fund seeks to achieve risk-adjusted returns through targeted allocations by analyzing interest and currency rates, inflation trends, economic growth forecasts, and other global and capital market fundamentals. The Fund’s option strategy may also have the benefit of reducing the volatility of the Fund’s portfolio in comparison to that of broad equity market indexes.

Historical Stock Data for Main Thematic Innovation ETF (TMAT)
Date Open High Low Close Adj.Close Volume
2021-11-26 $22.29 $22.29 $22.06 $22.17 $22.17 8,609
2021-11-24 $22.02 $22.59 $22.02 $22.58 $22.58 19,595
2021-11-23 $22.72 $22.72 $22.17 $22.46 $22.46 17,317
2021-11-22 $23.28 $23.28 $22.66 $22.66 $22.66 5,698
2021-11-19 $23.39 $23.45 $23.27 $23.28 $23.28 4,922
2021-11-18 $23.50 $23.50 $23.15 $23.25 $23.25 11,669
2021-11-17 $23.76 $23.81 $23.47 $23.56 $23.56 16,339
2021-11-16 $23.58 $23.79 $23.58 $23.74 $23.74 20,748
2021-11-15 $24.17 $24.17 $23.75 $23.84 $23.84 67,326
2021-11-12 $23.64 $24.04 $23.64 $24.04 $24.04 21,934
2021-11-11 $23.65 $23.82 $23.65 $23.76 $23.76 12,593
2021-11-10 $23.79 $23.90 $23.37 $23.37 $23.37 7,422
2021-11-09 $23.98 $24.03 $23.91 $24.03 $24.03 11,336
2021-11-08 $24.16 $24.21 $24.15 $24.16 $24.16 4,109
2021-11-05 $23.95 $23.95 $23.80 $23.89 $23.89 6,496
2021-11-04 $24.08 $24.09 $24.00 $24.09 $24.09 5,785
2021-11-03 $23.75 $23.98 $23.71 $23.98 $23.98 13,795
2021-11-02 $23.82 $23.82 $23.69 $23.82 $23.82 11,051
2021-11-01 $23.68 $23.99 $23.68 $23.99 $23.99 5,336
2021-10-29 $23.60 $23.66 $23.57 $23.66 $23.66 265,111
2021-10-28 $23.19 $23.61 $23.19 $23.61 $23.61 25,277
2021-10-27 $23.26 $23.27 $23.05 $23.08 $23.08 10,050
2021-10-26 $23.48 $23.48 $23.16 $23.26 $23.26 7,253
2021-10-25 $23.07 $23.44 $23.07 $23.40 $23.40 11,564
2021-10-22 $23.04 $23.04 $22.95 $23.03 $23.03 6,261
2021-10-21 $23.16 $23.41 $23.13 $23.34 $23.34 5,387
2021-10-20 $23.30 $23.38 $23.22 $23.30 $23.30 12,036
2021-10-19 $23.00 $23.26 $22.90 $23.26 $23.26 11,457
2021-10-18 $22.75 $22.81 $22.75 $22.80 $22.80 11,822
2021-10-15 $22.80 $22.83 $22.76 $22.76 $22.76 31,670
2021-10-14 $22.55 $22.70 $22.55 $22.67 $22.67 5,243
2021-10-13 $22.25 $22.40 $22.25 $22.40 $22.40 16,368
2021-10-12 $21.96 $22.04 $21.95 $22.00 $22.00 4,987
2021-10-11 $21.95 $21.95 $21.75 $21.75 $21.75 8,231
2021-10-08 $21.95 $21.96 $21.84 $21.84 $21.84 3,065
2021-10-07 $22.06 $22.16 $22.01 $22.01 $22.01 5,400
2021-10-06 $21.28 $21.67 $21.28 $21.60 $21.60 3,371
2021-10-05 $21.63 $21.70 $21.58 $21.63 $21.63 13,699
2021-10-04 $21.45 $21.45 $21.27 $21.33 $21.33 2,150
2021-10-01 $21.85 $22.03 $21.85 $21.98 $21.98 6,009
2021-09-30 $21.85 $22.00 $21.70 $21.86 $21.86 5,337
2021-09-29 $22.10 $22.11 $21.68 $21.68 $21.68 8,526
2021-09-28 $22.00 $22.06 $21.87 $21.89 $21.89 4,782
2021-09-27 $22.55 $22.66 $22.54 $22.63 $22.63 4,916
2021-09-24 $22.75 $22.75 $22.64 $22.67 $22.67 7,964
2021-09-23 $22.78 $23.02 $22.78 $22.99 $22.99 5,392
2021-09-22 $22.73 $22.79 $22.71 $22.74 $22.74 7,497
2021-09-21 $22.35 $22.55 $22.33 $22.49 $22.49 6,320
2021-09-20 $22.49 $22.56 $22.05 $22.34 $22.34 5,834
2021-09-17 $22.85 $23.10 $22.85 $23.10 $23.10 16,650
2021-09-16 $22.88 $23.01 $22.88 $22.99 $22.99 3,813
2021-09-15 $22.85 $23.00 $22.85 $22.99 $22.99 1,736
2021-09-14 $22.88 $22.88 $22.83 $22.84 $22.84 1,110
2021-09-13 $23.06 $23.06 $22.96 $22.97 $22.97 2,762
2021-09-10 $23.36 $23.36 $23.07 $23.07 $23.07 4,028
2021-09-09 $23.36 $23.41 $23.28 $23.30 $23.30 4,381
2021-09-08 $23.66 $23.66 $23.18 $23.24 $23.24 4,959
2021-09-07 $23.76 $23.76 $23.56 $23.63 $23.63 6,170
2021-09-03 $23.86 $23.86 $23.79 $23.84 $23.84 5,699
2021-09-02 $23.86 $23.88 $23.74 $23.75 $23.75 12,034
2021-09-01 $23.50 $23.75 $23.50 $23.63 $23.63 5,106
2021-08-31 $23.44 $23.44 $23.33 $23.40 $23.40 5,990
2021-08-30 $23.19 $23.44 $23.19 $23.38 $23.38 8,204
2021-08-27 $23.19 $23.27 $23.19 $23.25 $23.25 5,645
2021-08-26 $23.04 $23.05 $22.85 $22.91 $22.91 7,835
2021-08-25 $23.18 $23.21 $23.15 $23.21 $23.21 3,164
2021-08-24 $23.04 $23.18 $23.04 $23.18 $23.18 4,889
2021-08-23 $22.52 $22.93 $22.51 $22.89 $22.89 18,362
2021-08-20 $22.27 $22.37 $22.27 $22.37 $22.37 9,231
2021-08-19 $22.14 $22.20 $22.09 $22.12 $22.12 8,196
2021-08-18 $22.34 $22.52 $22.24 $22.24 $22.24 6,651
2021-08-17 $22.30 $22.30 $22.12 $22.24 $22.24 4,936
2021-08-16 $22.74 $22.74 $22.44 $22.55 $22.55 18,556
2021-08-13 $23.05 $23.05 $22.92 $22.95 $22.95 4,112
2021-08-12 $23.07 $23.15 $23.05 $23.13 $23.13 6,948
2021-08-11 $22.99 $23.16 $22.99 $23.16 $23.16 3,531
2021-08-10 $23.45 $23.45 $23.21 $23.21 $23.21 12,247
2021-08-09 $23.48 $23.50 $23.45 $23.45 $23.45 5,350
2021-08-06 $23.19 $23.19 $23.12 $23.16 $23.16 7,604
2021-08-05 $23.37 $23.40 $23.35 $23.38 $23.38 2,922
2021-08-04 $23.17 $23.21 $23.15 $23.16 $23.16 9,482
2021-08-03 $22.92 $23.01 $22.92 $23.01 $23.01 3,664
2021-08-02 $22.99 $23.15 $22.99 $23.03 $23.03 18,028
2021-07-30 $22.91 $22.92 $22.85 $22.88 $22.88 1,704
2021-07-29 $23.22 $23.22 $23.04 $23.07 $23.07 4,902
2021-07-28 $22.55 $23.06 $22.55 $23.01 $23.01 4,503
2021-07-27 $22.51 $22.51 $22.14 $22.41 $22.41 4,729
2021-07-26 $23.21 $23.21 $22.82 $22.86 $22.86 5,066
2021-07-23 $22.96 $23.05 $22.96 $23.05 $23.05 2,337
2021-07-22 $23.14 $23.20 $23.13 $23.16 $23.16 5,989
2021-07-21 $23.19 $23.21 $23.18 $23.21 $23.21 2,277
2021-07-20 $22.45 $22.80 $22.45 $22.76 $22.76 22,133
2021-07-19 $22.11 $22.29 $22.11 $22.29 $22.29 5,862
2021-07-16 $22.50 $22.54 $22.38 $22.39 $22.39 6,169
2021-07-15 $22.74 $22.74 $22.55 $22.61 $22.61 7,806
2021-07-14 $23.09 $23.09 $22.91 $22.91 $22.91 8,100
2021-07-13 $23.75 $23.75 $23.46 $23.46 $23.46 14,011
2021-07-12 $23.70 $23.72 $23.53 $23.72 $23.72 7,350
2021-07-09 $23.72 $23.76 $23.68 $23.76 $23.76 6,055
2021-07-08 $23.38 $23.51 $23.17 $23.45 $23.45 7,844
2021-07-07 $23.87 $23.87 $23.68 $23.81 $23.81 7,902
2021-07-06 $23.78 $23.83 $23.68 $23.83 $23.83 4,211
2021-07-02 $23.85 $23.85 $23.72 $23.78 $23.78 2,312
2021-07-01 $23.93 $23.93 $23.66 $23.77 $23.77 16,357
2021-06-30 $24.10 $24.13 $24.01 $24.01 $24.01 11,469
2021-06-29 $24.41 $24.41 $24.16 $24.27 $24.27 15,153
2021-06-28 $24.00 $24.29 $23.93 $24.29 $24.29 12,372
2021-06-25 $23.87 $23.93 $23.84 $23.91 $23.91 9,876
2021-06-24 $23.81 $23.90 $23.77 $23.84 $23.84 12,066
2021-06-23 $23.63 $23.70 $23.56 $23.62 $23.60 23,302
2021-06-22 $23.20 $23.48 $23.20 $23.48 $23.46 8,980
2021-06-21 $23.14 $23.42 $23.14 $23.42 $23.40 5,147
2021-06-18 $23.30 $23.48 $23.28 $23.35 $23.33 8,776
2021-06-17 $23.52 $23.62 $23.50 $23.59 $23.57 6,982
2021-06-16 $23.39 $23.42 $23.22 $23.35 $23.33 6,577
2021-06-15 $23.43 $23.46 $23.40 $23.44 $23.42 4,176
2021-06-14 $23.71 $23.81 $23.68 $23.78 $23.76 46,363
2021-06-11 $23.54 $23.63 $23.50 $23.63 $23.61 3,878
2021-06-10 $23.58 $23.61 $23.42 $23.57 $23.55 19,925
2021-06-09 $23.62 $23.63 $23.44 $23.44 $23.42 9,125
2021-06-08 $23.25 $23.53 $23.25 $23.51 $23.49 12,323
2021-06-07 $23.18 $23.49 $23.18 $23.43 $23.41 9,248
2021-06-04 $23.14 $23.22 $23.14 $23.15 $23.13 3,076
2021-06-03 $23.18 $23.18 $22.98 $22.98 $22.96 10,686
2021-06-02 $23.29 $23.33 $23.06 $23.33 $23.31 7,452
2021-06-01 $23.26 $23.26 $23.03 $23.16 $23.14 12,689
2021-05-28 $23.24 $23.24 $23.05 $23.05 $23.03 4,976
2021-05-27 $23.08 $23.14 $23.06 $23.13 $23.11 45,322
2021-05-26 $22.88 $23.01 $22.78 $22.97 $22.95 8,689
2021-05-25 $22.77 $22.82 $22.62 $22.62 $22.60 13,806
2021-05-24 $22.67 $22.75 $22.51 $22.58 $22.56 14,124
2021-05-21 $22.59 $22.60 $22.31 $22.31 $22.29 4,648
2021-05-20 $22.55 $22.55 $22.39 $22.48 $22.46 14,819
2021-05-19 $21.61 $22.00 $21.50 $21.93 $21.92 11,607
2021-05-18 $21.62 $22.34 $21.62 $22.13 $22.11 20,166
2021-05-17 $21.75 $21.91 $21.64 $21.91 $21.89 8,246
2021-05-14 $21.63 $22.12 $21.63 $22.06 $22.04 24,542
2021-05-13 $21.65 $21.65 $21.03 $21.34 $21.32 17,696
2021-05-12 $22.16 $22.17 $21.56 $21.59 $21.57 9,406
2021-05-11 $21.80 $22.42 $21.77 $22.41 $22.39 9,249
2021-05-10 $22.63 $22.67 $22.25 $22.27 $22.25 12,083
2021-05-07 $22.99 $23.07 $22.85 $22.93 $22.91 9,930
2021-05-06 $22.50 $22.77 $22.42 $22.65 $22.63 12,518
2021-05-05 $23.16 $23.17 $22.96 $23.04 $23.02 8,893
2021-05-04 $23.31 $23.31 $22.85 $22.99 $22.97 7,809
2021-05-03 $23.92 $23.92 $23.65 $23.67 $23.65 4,929
2021-04-30 $23.81 $23.97 $23.72 $23.80 $23.78 9,059
2021-04-29 $24.48 $24.48 $23.96 $24.13 $24.10 10,635
2021-04-28 $24.40 $24.51 $24.36 $24.44 $24.42 11,688
2021-04-27 $24.67 $24.67 $24.40 $24.42 $24.40 8,297
2021-04-26 $24.34 $24.57 $24.20 $24.57 $24.55 8,902
2021-04-23 $23.82 $24.21 $23.82 $24.12 $24.10 12,604
2021-04-22 $23.78 $24.07 $23.72 $23.78 $23.76 57,019
2021-04-21 $23.03 $23.65 $22.98 $23.61 $23.59 16,890
2021-04-20 $23.38 $23.43 $22.97 $23.13 $23.11 18,827
2021-04-19 $23.75 $23.88 $23.32 $23.47 $23.45 19,950
2021-04-16 $24.05 $24.05 $23.72 $23.87 $23.85 14,620
2021-04-15 $24.05 $24.05 $23.74 $23.85 $23.83 9,717
2021-04-14 $24.07 $24.20 $23.68 $23.71 $23.69 20,098
2021-04-13 $23.56 $24.01 $23.56 $23.99 $23.97 9,293
2021-04-12 $23.76 $23.76 $23.51 $23.55 $23.53 24,087
2021-04-09 $23.72 $23.85 $23.72 $23.83 $23.81 14,264
2021-04-08 $23.76 $23.94 $23.76 $23.85 $23.83 60,513
2021-04-07 $24.20 $24.20 $23.58 $23.59 $23.57 23,536
2021-04-06 $24.10 $24.15 $23.94 $24.04 $24.02 10,529
2021-04-05 $24.07 $24.07 $23.79 $23.93 $23.91 14,801
2021-04-01 $23.99 $24.19 $23.80 $23.87 $23.85 27,815
2021-03-31 $23.30 $23.70 $23.30 $23.51 $23.49 29,664
2021-03-30 $22.51 $23.18 $22.46 $23.02 $23.00 37,977
2021-03-29 $23.04 $23.06 $22.56 $22.65 $22.63 25,612
2021-03-26 $22.97 $23.11 $22.55 $23.09 $23.07 34,869
2021-03-25 $23.13 $23.13 $22.33 $22.71 $22.69 20,528
2021-03-24 $23.52 $23.52 $22.67 $22.68 $22.66 16,406
2021-03-23 $24.10 $24.10 $23.46 $23.54 $23.52 17,991
2021-03-22 $24.01 $24.37 $23.94 $24.11 $24.09 207,978
2021-03-19 $23.66 $23.93 $23.48 $23.88 $23.86 18,951
2021-03-18 $24.20 $24.27 $23.48 $23.48 $23.46 12,240
2021-03-17 $23.97 $24.56 $23.84 $24.39 $24.36 19,358
2021-03-16 $24.76 $24.80 $24.26 $24.32 $24.29 18,358
2021-03-15 $24.61 $24.63 $24.39 $24.59 $24.57 7,972
2021-03-12 $24.17 $24.61 $23.98 $24.43 $24.41 14,708
2021-03-11 $24.19 $24.64 $24.06 $24.64 $24.62 21,437
2021-03-10 $24.11 $24.14 $23.36 $23.44 $23.42 13,985
2021-03-09 $23.03 $23.69 $23.01 $23.57 $23.55 43,470
2021-03-08 $22.74 $23.15 $22.24 $22.35 $22.33 64,734
2021-03-05 $23.56 $23.56 $21.91 $23.04 $23.02 34,917
2021-03-04 $24.00 $24.21 $22.47 $23.00 $22.98 40,934
2021-03-03 $24.96 $25.02 $24.15 $24.27 $24.25 260,124
2021-03-02 $25.80 $25.80 $25.16 $25.16 $25.14 1,099,880
2021-03-01 $25.43 $25.97 $25.24 $25.72 $25.70 91,801
2021-02-26 $24.86 $25.05 $24.29 $24.86 $24.84 17,038
2021-02-25 $25.85 $25.86 $24.65 $24.65 $24.63 24,835
2021-02-24 $25.53 $25.79 $25.08 $25.68 $25.66 10,910
2021-02-23 $25.18 $25.63 $24.14 $25.55 $25.53 36,780
2021-02-22 $27.30 $27.30 $25.99 $25.99 $25.97 109,051
2021-02-19 $27.20 $27.48 $27.13 $27.17 $27.15 42,398
2021-02-18 $27.05 $27.05 $26.63 $26.83 $26.80 34,758
2021-02-17 $27.34 $27.50 $27.09 $27.46 $27.44 33,870
2021-02-16 $28.61 $28.61 $27.80 $27.86 $27.84 31,741
2021-02-12 $27.80 $28.09 $27.43 $28.09 $28.07 26,413
2021-02-11 $27.91 $28.09 $27.52 $27.76 $27.74 21,151
2021-02-10 $28.26 $28.39 $27.35 $27.89 $27.87 40,944
2021-02-09 $27.65 $28.07 $27.65 $27.81 $27.79 53,466
2021-02-08 $27.39 $27.45 $27.24 $27.34 $27.32 64,977
2021-02-05 $26.81 $27.08 $26.55 $26.84 $26.82 132,707
2021-02-04 $26.74 $26.75 $26.31 $26.54 $26.52 36,946
2021-02-03 $26.31 $26.66 $26.31 $26.41 $26.39 84,972
2021-02-02 $25.63 $25.89 $25.45 $25.80 $25.78 149,274
2021-02-01 $25.00 $25.26 $24.70 $25.16 $25.13 65,074
2021-01-29 $25.00 $25.04 $24.37 $24.70 $24.68 443,311

Main Thematic Innovation ETF (TMAT) News Headlines

Recent Main Thematic Innovation ETF (TMAT) News
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