Innovator Lists the Gradient Tactical Rotation Strategy ETF (IGTR), a Global Equity Strategy Seeking Systematic Alpha
November 17, 2022--Innovator Capital Management, LLC (Innovator) today announced the listing of the Innovator Gradient Tactical Rotation Strategy ETF (IGTR) on NYSE Arca. IGTR is an actively managed global equity strategy that seeks to provide long-term capital appreciation and achieve excess returns over the S&P Global Broad Market Index.
The ETF will be subadvised by Gradient Investments LLC, an independent, privately owned, fee-based, SEC-registered investment advisor, and is patterned on a proprietary rules-based methodology from the Arden Hills, Minnesota-based RIA.
Harbor Capital Advisors Launches Latest ETF: Health Care Strategy
November 17, 2022--Harbor Capital Advisors, Inc. ("Harbor”), a premier multi-manager investment firm offering access to innovative and specialized expertise across a range of investment strategies and vehicles, launched its latest exchange-traded fund (ETF), the Harbor Health Care ETF (MEDI).
This is the 11th ETF for the firm's growing lineup of ETFs that span several investment themes and asset classes. Along with ETFs, Harbor Capital offers a curated experience of mutual funds and collective investment trusts (CITs).
MEDI will be subadvised by Westfield Capital Management Company, L.P. ("Westfield”). Westfield is a long-term Harbor partner, having managed the Harbor Small Cap Growth Fund since 2000, a sleeve of the Harbor Disruptive Innovation Fund and Harbor Disruptive Innovation ETF since 2021, and the Harbor Dividend Growth Leaders ETF since 2022.
Listed Funds Trust files with the SEC-6 ETFs
November 17, 2022--Listed Funds Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
Roundhill Big Tech ETF
Roundhill Big Airlines ETF
Roundhill Big Defense ETF
Roundhill Big Bank ETF
Roundhill Big Oil ETF
Roundhill Big Railroad ETF.
view filing
Kelly Strategic ETF Trust files with the SEC-4 ETFs
November 17, 2022--Kelly Strategic ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
Kelly INDS Industrial & Logistics Real Estate ETF
Kelly SRVR Data Center & Tech Infrastructure ETF
Kelly US Cash Cow Leaders ETF
Kelly US Small Cap Cash Cow Leaders ETF.
view filing
Innovator ETFs Trust files with the SEC-Innovator Gradient Tactical Rotation Strategy ETF
November 17, 2022-Innovator ETFs Trust has filed a a Form 497K-Summary Prospectus with the SEC for the Innovator Gradient Tactical Rotation Strategy ETF.
view filing
Hennessy Funds Trust files with the SEC
November 16, 2022--Hennessy Funds Trust has filed an Amendment No.2 to an application for exemptive relief with the SEC.
view more
Valued Advisers Trust files with the SEC-Kovitz Core Equity ETF
November 16, 2022-Valued Advisers Trust has filed a Form 497K-Summary Prospectus with the SEC for the Kovitz Core Equity ETF.
view filing
Lattice Strategies Trust files with the SEC-Hartford Disciplined US Equity ETF
November 16, 2022-Lattice Strategies Trust has filed a a Form 497K-Summary Prospectus with the SEC for the Hartford Disciplined US Equity ETF.
view filing
Federated Hermes, Inc. launches U.S. Strategic Dividend ETF
November 16, 2022--New dividend-focused product adds to growing ETF business
Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced the launch of the Federated Hermes U.S. Strategic Dividend ETF (NYSE: FDV).
The new actively managed ETF benefits from Federated Hermes' time-tested approach to managing dividend equity strategies and adds the advantages of an ETF structure, including tax efficiency, lower costs and intraday trading.
The Federated Hermes U.S. Strategic Dividend ETF seeks income and long-term capital appreciation by investing in U.S. companies with dividend yields above the S&P 500 Index average. The ETF benefits from a Federated Hermes investment process that has been in place since 2001. The strategy invests in lower volatility, income-producing U.S. companies that are in strong financial condition and have demonstrated resilience through business and economic cycles.
DriveWealth ETF Trust files SEC-DriveWealth 100
November 15, 2022--DriveWealth ETF Trust has filed a Form N-1A registration statement with the SEC for the DriveWealth 100.
view filing
Touchstone ETF Trust files with the SEC
November 15, 2022--Touchstone ETF Trust has filled an application for exemptive relief with the SEC.
view more
CBO-The Distribution of Household Income, 2019
November 15, 2022--Summary
The Congressional Budget Office regularly analyzes the distribution of income in the United States and how it has changed over time. This report presents the distributions of household income, means-tested transfers, and federal taxes between 1979 and 2019 (the most recent year for which tax data were available when this analysis was conducted).
Income. Households at the top of the income distribution received significantly more income than households at the bottom. Between 1979 and 2019, average income, both before and after means-tested transfers and federal taxes, grew for all quintiles (or fifths) of the income distribution, but it increased most among households in the highest quintile.
Means-Tested Transfers. Means-tested transfers are cash payments and in-kind benefits from federal, state, and local governments that are designed to assist individuals and families who have low income and few assets. Between 1979 and 2019, households in the lowest quintile received more than half of all means-tested transfers. As a percentage of income before transfers and taxes, means-tested transfers rose over the 41-year period, primarily driven by an increase in Medicaid spending.
EA Series Trust files with the SEC-Alpha Architect 1-3 Month Box ETF
November 15, 2022-EA Series Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Alpha Architect 1-3 Month Box ETF.
view filing
EA Series Trust files with the SEC-Alpha Architect High Inflation and Deflation ETF
November 15, 2022-EA Series Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Alpha Architect High Inflation and Deflation ETF.
view filing
Credit Suisse to sell bulk of Securitized Products Group to Apollo
November 15, 2022--Credit Suisse (CSGN.S) said on Tuesday it has finalised the sale of most of its Securitized Products Group and related financing businesses to U.S. buyout fund Apollo Global Management (APO.N) -a key part of a sweeping revamp for the Swiss bank.
SPG assets held by Credit Suisse are set to slide to $20 billion from $75 billion due to this deal and the potential sale of other parts of the SPG portfolio to third-party investors, it said.
A sale price was not disclosed but Credit Suisse said Apollo would be paying a premium and the deal would result in an improvement in a key capital ratio.