Series Portfolios Trust files with the SEC-Panagram AAA CLO ETF
May 12, 2023-Series Portfolios Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Panagram AAA CLO ETF.
view filing
Tidal Trust II files with the SEC-Roundhill Generative AI & Technology ETF
May 12, 2023-Tidal Trust II has filed a Post-Effective Amendment, Registration Statement with the SEC for the Roundhill Generative AI & Technology ETF.
view filing
Fidelity Covington Trust files with the SEC-6 Mutual Fund to ETF Fund Conversion
May 12, 2023---Fidelity Covington Trust has filed a Post-Effective Amendment, Registration Statement with the SEC. The table below sets forth the anticipated schedule for 6 Mutual Fund to ETF Fund Conversion:
Mutual Fund | New ETF | Conversion Date | ||
Fidelity® Disruptive Automation Fund | Fidelity® Disruptive Automation ETF | June 9, 2023 | ||
Fidelity® Disruptive Communications Fund | Fidelity® Disruptive Communications ETF | June 9, 2023 | ||
Fidelity® Disruptive Finance Fund | Fidelity® Disruptive Finance ETF | June 9, 2023 | ||
Fidelity® Disruptive Medicine Fund | Fidelity® Disruptive Medicine ETF | June 9, 2023 | ||
Fidelity® Disruptive Technology Fund | Fidelity® Disruptive Technology ETF | June 9, 2023 | ||
Fidelity® Disruptors Fund | Fidelity® Disruptors ETF | June 16, 2023 |
SHP ETF Trust files with the SEC
May 12, 2023-SHP ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC.
view filing
SHP ETF Trust files with the SEC-NEOS Bitcoin High Income ETF and NEOS Bitcoin Quantitative Trend ETF
May 12, 2023-SHP ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
NEOS Bitcoin High Income ETF
NEOS Bitcoin Quantitative Trend ETF.
view filing
Valkyrie ETF Trust II files with the SEC-Valkyrie Ethereum Strategy ETF
May 12, 2023-Valkyrie ETF Trust II has filed a Post-Effective Amendment, Registration Statement with the SEC for the Valkyrie Ethereum Strategy ETF.
view filing
Tidal Trust II files with the SEC-Cboe Validus S&P 500 Dynamic PutWrite Index ETF
May 12, 2023-Tidal Trust II has filed a Post-Effective Amendment, Registration Statement with the SEC for the Cboe Validus S&P 500 Dynamic PutWrite Index ETF.
view filing
J.P. Morgan Exchange-Traded Fund Trust files with the SEC-JPMorgan Global Select Equity ETF and JPMorgan International Value ETF
May 12, 2023-J.P. Morgan Exchange-Traded Fund Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
JPMorgan Global Select Equity ETF
JPMorgan International Value ETF.
view filing
Federal Debt and the Statutory Limit, May 2023
May 12, 2023--Summary
The debt limit-commonly called the debt ceiling-is the maximum amount of debt that the Department of the Treasury can issue to the public or to other federal agencies. The amount is set by law and has been increased or suspended over the years to allow for the additional borrowing needed to finance the government's operations. On December 16, 2021, lawmakers raised the debt limit by $2.5 trillion to a total of $31.4 trillion.
On January 19, 2023, that limit was reached, and the Treasury announced a "debt issuance suspension period" and began using well-established "extraordinary measures" to borrow additional funds without breaching the debt ceiling.
The Congressional Budget Office projects that if the debt limit remains unchanged, there is a significant risk that at some point in the first two weeks of June, the government will no longer be able to pay all of its obligations. The extent to which the Treasury will be able to fund the government's ongoing operations will remain uncertain throughout May, even if the Treasury ultimately runs out of funds in early June. That uncertainty exists because the timing and amount of revenue collections and outlays over the intervening weeks could differ from CBO's projections.
First Trust Exchange-Traded Fund VIII files with the SEC-First Trust Active Global Quality Income ETF
May 12, 2023-First Trust Exchange-Traded Fund VIII has filed a Post-Effective Amendment, Registration Statement with the SEC for the First Trust Active Global Quality Income ETF.
view filing
ETF Series Solutions files with the SEC-Bahl & Gaynor Income Growth ETF
May 12, 2023-ETF Series Solutions has filed a Post-Effective Amendment, Registration Statement with the SEC for the Bahl & Gaynor Income Growth ETF.
view filing
YieldMax Launches NVDY, the YieldMax NVDA Option Income Strategy ETF
May 11, 2023--YieldMax announced the launch today of the YieldMax NVDA Option Income Strategy ETF (NYSE Arca: NVDY), which seeks to generate monthly income via a synthetic covered call strategy on NVIDIA Corporation (NVDA). NVDY is actively managed by ZEGA Financial. The fund does not invest directly in NVDA.
NVDY is the latest member of the YieldMax family and like all YieldMax ETFs, aims to deliver substantial monthly income to investors. NVDY joins existing YieldMax ETFs, TSLY, OARK and APLY, whose current yield information is here:
Tema launches three innovative, professionally managed thematic ETFs: American Reshoring, Luxury, & Monopolies and Oligopolies
May 11, 2023--Tema ETFs ("Tema") launches its actively managed thematic ETF offering with three strategies: American Reshoring (RSHO), Luxury (LUX) and Monopolies and Oligopolies (TOLL). These strategies are the first to address these specific themes in an actively managed ETF in the United States. A
All three strategies will seek to provide long-term growth through equity investment solely focused on their own respective themes.
"We are excited to be the first issuer to bring these innovative strategies to the US market" said Maurits Pot, Chief Executive Officer and founder of Tema Global, "We firmly believe that these themes cannot be accessed effectively through a passive indexed approach. Our thematic focus, bottom-up investment process and portfolio managers' industry expertise underpins these differentiated institutional grade ETF investment strategies. Risk management lies at the core of our active investment process, aiming to provide investors with more than just access to the theme. We monitor risk through a 3-step process, identifying risk factors, assessing risk levels, and ultimately taking aim at managing these risks."
EA Series Trust files with the SEC-Astoria US Quality Kings ETF
May 11, 2023-EA Series Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Astoria US Quality Kings ETF.
view filing
Madison ETFs Trust files with the SEC-5 Madison ETFs
May 11, 2023-Madison ETFs Trust has filed a Pre-Effective Amendment No. 1, Form N-1A registration statement with the SEC for the
Madison Mosaic Income Opportunities ETF
Madison Short-Term Strategic Income ETF
Madison Aggregate Bond ETF
[
Madison Covered Call ETF
Madison Dividend Value ETF.
view filing