SS&C ALPS Advisors Launches Diversified Natural Resources ETF
July 11, 2024--SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), has partnered with CoreCommodity Management to launch the ALPS | CoreCommodity Natural Resources ETF (Nasdaq: CCNR) (the "Fund").
"This commodity-oriented equity ETF offers a strategic gateway to global economic shifts and natural resource dynamics, providing investors with a potential hedge against inflation and participation in equity returns," said Laton Spahr*, Portfolio Manager and President of SS&C ALPS Advisors.
"CCNR offers access to natural resources equities and is actively managed in an ETF wrapper to capture commodity growth opportunities."
The Fund employs a "pure play" approach to gaining exposure to natural resources by investing in a portfolio of equity securities of upstream commodity producing companies.
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Source: SS&C / ALPS Advisors
YieldMax Launches Short COIN Option Income Strategy ETF (FIAT)
July 10, 2024--YieldMax announced the launch today of the following ETF:
YieldMax Short COIN Option Income Strategy ETF (NYSE Arca: FIAT)
FIAT Overview
FIAT is an actively managed ETF that seeks to generate current income from a synthetic covered put strategy on Coinbase Global, Inc. ("COIN"), while providing indirect short (inverse) exposure to the share price of COIN
FIAT's potential for gains from decreases in the share price of COIN is limited, while its potential for losses resulting from increases in the share price of COIN is up to 100%. FIAT does not invest directly in COIN and does not directly short COIN. Investors seeking direct exposure to the price of COIN should consider an investment other than this Fund.
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Source: YieldMax
Harbor Capital Advisors Expands Growing ETF Lineup with the Harbor AlphaEdge Small Cap Earners ETF
July 10, 2024--Harbor Capital Advisors, Inc. ("Harbor"), an asset manager that curates a suite of actively-managed ETFs, mutual funds, and collective investment trusts, has added the Harbor AlphaEdge Small Cap Earners ETF (Ticker: EBIT) to its growing lineup of ETF offerings, managed by Harbor Capital Advisors, Inc.
Why EBIT?
Harbor developed EBIT for advisors looking for small cap products that seek a distinctive approach in the pursuit of alpha potential. With EBIT, unprofitable companies are eliminated from the investment universe at the outset, with the goal of allowing for a narrowed focus on the most profitable1 small cap companies.
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Source: Harbor Capital
Simplify Exchange Traded Funds files with the SEC-Simplify Gamma Emerging Market Bond ETF and Simplify National Muni Bond ETF
July 10, 2024-Simplify Exchange Traded Funds has filed a Post-Effective Amendment, Registration Statement with the SEC for the
Simplify Gamma Emerging Market Bond ETF
Simplify National Muni Bond ETF.
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Source: SEC.gov
Calamos ETF Trust files with the SEC-4 Calamos [Bitcoin Structured Alt Protection ETFs]
July 10, 2024-Calamos ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
Calamos [Bitcoin Structured Alt Protection ETF]-[Month TBD1]
Calamos [Bitcoin Structured Alt Protection ETF]-[Month TBD2]
Calamos [Bitcoin Structured Alt Protection ETF]-[Month TBD3]
Calamos [Bitcoin Structured Alt Protection ETF]-[Month TBD4].
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Source: SEC.gov
SSGA Active Trust files with the SEC
July 10, 2024--SSGA Active Trust has filed a Post-Effective Amendment, Registration Statement with the SEC.
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Source: SEC.gov
REX Shares and Tuttle Capital Management Launch 2X Leveraged and Inverse Spot Bitcoin ETPs
July 10, 2024--With a resurgence in Bitcoin this year, T-REX ETFs to help investors capitalize on volatility in the cryptocurrency market
REX Shares ("REX") in collaboration with Tuttle Capital Management ("TCM"), today adds two new products to their T-REX ETF suite: the T-REX 2X Long Bitcoin Daily Target ETF (CBOE: BTCL) and the T-REX 2X Inverse Bitcoin Daily Target ETF (CBOE: BTCZ).
Providing 200% and -200% exposure to Bitcoin's daily performance using the "Reference Assets", these T-REX ETFs offer sophisticated investors 2X leveraged and inverse exposure to the spot price of Bitcoin.
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Source: REX Shares
Global X ETFs Surpasses $50 Billion in Assets Under Management in the U.S.
July 10, 2024--Global X ETFs, the New York-based provider of exchange-traded funds (ETFs) today announced that the firm exceeded $50 billion in assets under management (AUM) in the U.S.[i]
This important milestone reflects the firm's rapid ascent as a leading global ETF provider, having grown from $10 billion in assets under management when the firm was acquired by Mirae Asset Global Investments in July 2018. [ii]
As of July 8, the AUM has increased by over $6 billion since the beginning of the year, among its strongest performances in Global X's 15 year history. [iii]
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Source: Global X Management Company LLC
T. Rowe Price Launches Its First Active Tax-Free Bond Exchange-Traded Fund
July 10, 2024--Intermediate Municipal Income ETF began trading on NASDAQ today
T. Rowe Price, a global investment management firm, announced today the addition of its first federally tax-free fixed income exchange-traded fund (ETF) to its active ETF roster. T. Rowe Price Intermediate Municipal Income ETF began trading today on the NASDAQ exchange.
The Intermediate Municipal Income strategy focuses on investment-grade intermediate-term municipal bonds with a weighted average effective maturity of four to 12 years. T. Rowe Price Intermediate Municipal Income ETF is co-managed by James Lynch and Charlie Hill, who collectively have 53 years of investment experience, and have served in portfolio management roles for other T. Rowe Price intermediate-term municipal bond strategies.
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Source: T. Rowe Price Associates, Inc.
As Hurricane Beryl makes 'explosive start' to hurricane season, these disaster-recovery stocks are in the spotlight
July 9, 2024--Hurricane Beryl, which made landfall on the Texas coast Monday, is the first hurricane of what is expected to be an above-normal Atlantic hurricane season
After making landfall as a Category 1 hurricane on the Texas coast Monday, Beryl has pummeled the Lone Star State, knocking out power for millions and leaving destruction in its wake.
Beryl, which weakened into a tropical depression Monday, was blamed for the deaths of several people in Texas and at least one person in Louisiana, the Associated Press reported, citing officials.
The first hurricane of the 2024 Atlantic hurricane season, Beryl strengthened to a Category 5 storm unusually early in the year, fueled in part by exceptionally high water temperatures, according to the National Oceanic and Atmospheric Administration.
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Source: marketwatch.com