Eventide International ETF Launch: Eventide Asset Management has received approval to launch the Eventide International ETF (NYSE Arca: ESIM), its first international ETF, expected to begin trading in December 2025, expanding its offerings beyond the US market.
Investment Strategy: The ETF will utilize Eventide's Business 360® methodology to identify value-creating investment opportunities while adhering to faith-based values, employing a systematic approach that combines passive investment benefits with active management.
Market Coverage: ESIM aims to fill a gap in the faith-based investment space, as there were only 22 international equity funds available as of late 2024, thus providing more options for investors interested in global markets.
Management Team: The ETF will be managed by Chris Grogan and Tyler Frugia, who will apply quantitative risk modeling to align the fund with its benchmark, the Bloomberg World ex US Large & Mid Cap Total Return Index.
Wall Street analysts forecast ESIM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ESIM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast ESIM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ESIM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 26.085
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Current: 26.085
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
