Americas ETP News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
Franklin Templeton portfolio-shielding ETF to become transparent
October 12, 2022--ClearBridge Focus Value ESG ETF will start to disclose all of its holdings in December
Franklin Templeton's only portfolio-shielding exchange traded fund will make its holdings fully public by the middle of December, filings show.
The fund's board voted to change the $3.2mn ClearBridge Focus Value ESG ETF from an ActiveShares non-transparent ETF to a conventional transparent ETF by December 16, the firm has disclosed.
CBO-Monthly Budget Review: September 202
October 11, 2022-- Summary
The federal budget deficit was $1.4 trillion in fiscal year 2022, the Congressional Budget Office estimates-about half of last year's deficit of $2.8 trillion. Revenues were $850 billion (or 21 percent) higher and outlays were $548 billion (or 8 percent) lower than they were in fiscal year 2021.
Outlays in fiscal year 2022 were boosted by the shift of certain payments-totaling $62 billion-from October 1, 2022 (the first day of fiscal year 2023), into September 2022 because October 1 fell on a weekend. If not for that, the 2022 deficit would have been about $1.3 trillion, CBO estimates.
Revenues in all major categories, but notably individual income taxes, were greater than they were in fiscal year 2021. Spending related to the coronavirus pandemic declined, particularly for the recovery rebates (also known as economic impact payments); unemployment compensation; programs of the Small Business Administration (SBA); and transfers to state, local, tribal, and territorial governments.
Two Roads Shared Trust files with the SEC-Hypatia Women CEO ETF
October 12, 2022--Two Roads Shared Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Hypatia Women CEO ETF.
view filing
SEC rejects WisdomTree's application for a spot Bitcoin ETF...again
October 11, 2022--Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation.
The United States Securities and Exchange Commission has disapproved of a rule change that would allow exchange-traded fund (ETF) provider WisdomTree to list and trade shares of a Bitcoin
According to an Oct. 11 filing, the SEC rejected a proposed rule change that would have allowed WisdomTree to list and trade shares of its Bitcoin Trust on the Cboe BZX Exchange after several delays due to extensions and comment periods. WisdomTree first filed the spot Bitcoin ETF application on Jan. 25 with publication in the federal register on Feb. 14.
In SEC Lawsuit, Grayscale Calls Spot ETF Rejection 'Arbitrary, Capricious and Discriminatory'
October 11, 2022--The legal brief filed Tuesday argues the SEC's logic for denying Grayscale's application to convert the Grayscale Bitcoin Trust to a spot bitcoin ETF is "flawed" and "inconsistently applied."
Grayscale Investments called the the U S. Securities and Exchange Commission's (SEC) June decision to reject its application to convert its flagship Grayscale Bitcoin Trust (GBTC) into a spot bitcoin exchange-traded fund (ETF) "arbitrary, capricious, and discriminatory" in an opening legal brief filed as part of its lawsuit against the regulator.
Grayscale filed suit against the SEC on June 29, asking the U.S. Court of Appeals for the District of Columbia Circuit to review the regulator's decision, which the SEC had published earlier in the day.
Impact Shares Trust I files with the SEC-Impact Shares Climate Risk Reinsurance ETF
October 11, 2022--Impact Shares Trust I has filed a Post-Effective Amendment, Registration Statement with the SEC for the Impact Shares Climate Risk Reinsurance ETF.
view filing
Strive Launches U.S. Semiconductor ETF (SHOC) Ahead of Potential China-Taiwan Annexation
October 10, 2022--China's invasion or annexation of Taiwan could drive global semiconductor shortage creating potential spike in demand for U.S. semiconductors
Strive Asset Management ("Strive") launches its third index fund today, the Strive U.S. Semiconductor ETF (NYSE: SHOC, expense ratio: 0.40%), offering investors the opportunity to gain broad exposure to the U.S. semiconductor sector amid escalating geopolitical risk in Taiwan, the nation responsible for manufacturing 60% of the world's foundry semiconductors.
Semiconductors are the essential computing hardware for mobile phones, computers, cars, and even refrigerators. Global Semiconductor demand is estimated to grow over 80% by 2030.1
Crash-protection mode' helps managed futures ETFs crush rivals
October 10, 2022-The largest fund DBMF has delivered returns in excess of 30 per cent this year
With equities, bonds and real estate all underwater this year, most exchange traded fund investors are nursing sharp losses.
One small corner of the ETF world has delivered decent returns, though, despite -or maybe because of-the red ink elsewhere.
Managed futures funds take both long and short positions in futures contracts linked to equities, bonds, commodities and currencies, potentially allowing them to make money even when markets fall-as long as there is a clear trend for them to follow.
The Curse of the Strong U.S. Economy
October 7, 2022--Summary:
With GDP contracting in the first half of the year and a cratering stock market, it may seem surprising to describe the U.S. economy as "strong." While the haze of macroeconomic data is exceptionally contradictory, the current reality is that highly profitable firms are employing a record number of workers and paying them rising wages. This would all be good news if it didn't stoke the fire of inflation.
In fighting inflation, the Fed is now much more accepting of the risk of causing a recession. When recession looms, the reaction from executives is often to retreat behind the moat, pull up the drawbridge by cutting orders, production, investment, and the workforce, all with an aim to fortify the balance sheet with liquidity to ride out the storm. But this alone would be a wasted opportunity to improve competitive position at a time when rivals will be distracted.
Simplify Exchange Traded Funds files with the SEC-4 ETFs
October 7, 2022--Simplify Exchange Traded Funds has filed a post-effective amendment, registration statement with the SEC for the
Simplify Conservative Allocation ETF
Simplify Moderate Allocation ETF
Simplify Growth Allocation ETF
Simplify Income Allocation ETF.
view filing
Ultimus Managers Trust files with the SEC-Bullseye Retirement Income and Growth ETF
October 7, 2022--Ultimus Managers Trust has filed a post-effective amendment, registration statement with the SEC for the Bullseye Retirement Income and Growth ETF.
view filing
DBX ETF Trust files with the SEC-Xtrackers S&P 500 Growth ESG ETF and Xtrackers S&P 500 Value ESG ETF
October 7, 2022--DBX ETF Trust has filed a post-effective amendment, registration statement with the SEC for the
Xtrackers S&P 500 Growth ESG ETF
Xtrackers S&P 500 Value ESG ETF.
view filing
Investment Managers Series Trust II files with the SEC-AXS Brendan Wood TopGun Index ETF
October 7, 2022--Investment Managers Series Trust II has filed a post-effective amendment, registration statement with the SEC for the AXS Brendan Wood TopGun Index ETF.
view filing
FundX Investment Trust files with the SEC-FundX ETF and FundX Aggressive ETF
October 7, 2022--FundX Investment Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
FundX ETF
FundX Aggressive ETF.
view filing
EA Series Trust files with the SEC-Burney U.S. Factor Rotation ETF
October 7, 2022--EA Series Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Burney U.S. Factor Rotation ETF.
view filing