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The Point Bridge GOP Stock Tracker (MAGA), an ETF that invests in companies that support President Trump and Republican candidates, is up nearly 14 percent since Friday, compared to nearly 11.3 percent for the S&P 500, CNBC reports. The ETF was launched Sept. 6 and uses a rules-based approach to select the top 150 Republican/GOP stocks from the S&P 500 based on the political contribution of the company political action committees and employees during the previous two election cycles. Top holdings include Freeport-McMoRan, TechnipFMC, Halliburton and Hess Corp.
Northwestern Mutual Invests in Advisor Coaching Firm
Northwestern Mutual has become a majority investor in ClientWise, Ray...