WBI Power Factor High Dividend ETF (WBIY)

WBI Power Factor High Dividend ETF (WBIY) is an exchange-traded fund in the Mid Cap Value category. It has $58.68M in assets, an expense ratio of 0.97% and a 4.07% dividend yield. Under normal circumstances the fund will invest at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to select securities from the Solactive US Broad Market Index that exhibit certain yield and fundamental value characteristics. The parent index includes large, mid- and small-cap securities listed in the U.S., including approximately the 3,000 largest U.S. companies that are selected and weighted according to free float market capitalizati…