Welcome to our dedicated page for Praxis Impact Large Cap Growth ETF news (Ticker: PRXG), a resource for investors and traders seeking the latest updates and insights on Praxis Impact Large Cap Growth ETF stock.
Praxis Impact Large Cap Growth ETF (PRXG) is an actively managed, faith-based U.S. large-cap growth equity ETF sponsored by Praxis Investment Management, Inc., a company of Everence. News about PRXG often centers on how the fund combines quantitative equity strategies with stewardship investing core values and the ImpactX framework that Praxis highlights as a way to pursue real-world impact.
Coverage related to PRXG includes announcements from Praxis about product launches, research on faith-based investing, and commentary on how advisors and investors can align portfolios with faith-informed values. For example, Praxis has discussed survey findings showing that many investors want advisors to understand their faith-based investing preferences, and it positions PRXG as one of the ETFs that can help address that demand.
Investors and advisors following PRXG can expect updates on the fund’s positioning within the Praxis family of ETFs and mutual funds, as well as communications about its objective of seeking capital appreciation and performance similar to the CRSP US Large Cap Growth Index while applying equity screens consistent with Praxis’s core values. News may also reference the broader context of faith-based and values-driven investing that Praxis has pursued since the 1990s.
This PRXG news page on Stock Titan aggregates such developments in one place, making it easier to review fund-related press releases, research highlights and sponsor communications over time. Users who monitor PRXG can return to this page to see new articles and announcements as they are published and better understand how Praxis presents the role of this ETF in values-driven, large-cap growth investing.
Praxis Investment Management has launched two new exchange-traded funds (ETFs) on the NYSE: the Praxis Impact Large Cap Growth ETF (PRXG) and Praxis Impact Large Cap Value ETF (PRXV). These active ETFs are designed for faith-based investing, offering lower cost, transparent, and tax-efficient investment options without compromising performance.
The funds employ quantitative equity strategies similar to those used in the Praxis Growth Index Fund (MMDEX) and Value Index Fund (MVIIX). They aim to track the CRSP US Large Cap Growth Index and CRSP US Large Cap Value Index respectively, while applying faith-based equity screens. Both ETFs have an expense ratio of 0.36% and will be managed by Benjamin Bailey, Vice President of Investments, who brings over 20 years of investment management experience.
Praxis Investment Management has released a groundbreaking research study revealing a significant disconnect between financial advisors and clients regarding faith-based investing. The study, based on surveys of 1,001 investors and 403 financial advisors, shows that 75% of investors want to discuss faith-based investing with their advisors, yet only 9% of advisors are willing to initiate such conversations.
Key findings reveal that 65% of advisors perceive a lack of client demand, while only 59% are aware of faith-based investment options. Advisors express concerns about product availability and competitive performance. In conjunction with this research, Praxis announced the launch of two new active equity ETFs: Praxis Impact Large Cap Growth ETF (PRXG) and Praxis Impact Large Cap Value ETF (PRXV), both with expense ratios of 0.36%.
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