ALPS Active REIT ETF(NASDAQ:REIT)

REITs portfolio primarily comprises common equity securities of US REITs. Additionally, the fund invests in common equity of US real estate operating companies (not structured as REITs), preferred equity of US REITs, and real estate operating companies, as well as cash and cash equivalents. In selecting its constituents, the fund advisers proprietary methodology considers, among others, the intrinsic value of the underlying properties held by REITs and the corresponding intrinsic value of the REITs in which the fund seeks to invest. Prior to Aug 22, 2023, the fund operated as a semitransparent ETF.