GraniteShares Files ETF Targeting Companies With U.S. Government Stakes

GraniteShares has filed for the GraniteShares American Stakes ETF, an actively managed fund investing in publicly traded companies in which the U.S. federal government holds or has agreed to acquire an equity or equity-linked stake. The strategy targets companies with government ownership interests, preferred shares, warrants, or special governance rights, including those arising from federal funding programs such as the CHIPS Act. The fund will allocate at least 80% of its assets to qualifying companies, considering their strategic importance to U.S. economic and national security priorities. Holdings will be weighted using a modified market-cap methodology, with individual positions capped at 25%. The portfolio will rebalance at least quarterly and concentrate more than 25% of its assets in information technology. The fund may also invest in qualifying foreign companies.