Huntington Asset Advisors, a subsidiary of The Huntington National Bank, has launched a new ETF that advisors might consider pitching their more eco-minded clients. The new actively managed ETF invests in companies that demonstrate environmental stewardship and provide products and services that advance green practices, the firm announced Tuesday.
The new Huntington EcoLogical Strategy ETF is the first of two funds the firm plans to introduce as part of Huntington Strategy Shares, its first family of ETFs. “ETFs have gained a growing share of the market for investment products in which Huntington participates, and we want to grow with that market, particularly the actively managed ETF segment that is just starting to gain traction,” Cynthia Kincaid, business segment communications manager at Huntington National Bank, said in an e-mail message.
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