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Hennessy Advisors picks up more assets to support new ESG ETF
The firm will fold the $70 million of assets it bought from Community Capital Management into its first ETF, an ESG-focused product, which it recently launched with acquired assets.
Hennessy to add ESG ETF from Stance Capital
The $40 million fund invests at least 80% of its net assets in stocks of large cap companies that meet ESG criteria determined by the portfolio managers.
