Tuesday morning on The Tennessee Star Report, host Leahy welcomed Andy Puzder, former CEO of CKE restaurants and now investment advisor at 2nd Vote Advisors to the newsmaker line to discuss the creation of anti-ESG exchange-traded funds in response to woke corporations that push political agendas rather than profit shareholders.
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Strive Asset Management’s anti-activist, energy exchange-traded fund (ETF) raked in over $60 million in funds in its first two days of trading, according to the company’s website.
Strive’s U.S. energy index fund ($DRLL), which invests heavily in fossil fuels in an effort to combat environmentally focused investing, launched Tuesday on the New York Stock Exchange (NYSE) and was one of the exchange’s largest launches of its kind, according to a company letter to investors. Strive hopes that the early success of the fund will help “unlock” value in the domestic energy sector by mandating firms to focus on “profits over politics,” according to the company’s website.
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