Exchange-traded funds

Tidal ETF Services’ Assets Under Administration Reach $1 Billion Milestone

Retrieved on: 
Wednesday, May 27, 2020
Exchange-traded funds, Finance, Financial markets, Investment, Source UK Services

CHICAGO/MILWAUKEE/NEW YORK, May 27, 2020 (GLOBE NEWSWIRE) -- Tidal ETF Services LLC (Tidal), an innovative leading provider of ETF services, today announced its assets under administration (AuA) have reached the US$1 billion milestone under its Tidal ETF Trust (Trust).

Key Points: 
  • CHICAGO/MILWAUKEE/NEW YORK, May 27, 2020 (GLOBE NEWSWIRE) -- Tidal ETF Services LLC (Tidal), an innovative leading provider of ETF services, today announced its assets under administration (AuA) have reached the US$1 billion milestone under its Tidal ETF Trust (Trust).
  • Eric Falkeis, Chief Executive Officer of Tidal, said, We are so grateful to our clients and partners in reaching this important milestone.
  • Clients who are not in the Tidal ETF Trust have the option to work with Tidal in any or all of these areas.
  • *
    Formed by ETF industry pioneers and thought leaders, who have collectively launched hundreds of ETFs, Tidal ETF Services LLC sets out to modernize the way ETFs have historically been developed, launched, marketed and sold.

13BN Custodian Kingdom Trust Reveals Crypto Acquisition & Launches Unified Retirement Account For Legacy, Alternative And Digital Assets, Including Bitcoin, In One Account.

Retrieved on: 
Wednesday, May 27, 2020
Investment, Exchange-traded funds

SIOUX FALLS, S.D., May 27, 2020 /PRNewswire/ --Kingdom Trust is announcing Choice - the first unified retirement account offering investors a single account for all their investments, be they traditional, alternative or digital.

Key Points: 
  • SIOUX FALLS, S.D., May 27, 2020 /PRNewswire/ --Kingdom Trust is announcing Choice - the first unified retirement account offering investors a single account for all their investments, be they traditional, alternative or digital.
  • As of today, investors can sign-up at RetireWithChoice.com to buy, sell or hold stocks, ETFs, digital assets and more all from one tax-advantaged account via Choice's self-service retirement platform.
  • The Choice platform is backed by Kingdom Trust, a custodian who already powers over 100,000 retirement accounts and custodies over 20,000 assets (including bitcoin) across an asset base comprising more than 13 billion dollars.
  • For more information on the Choice platform or Kingdom Trust, please visiting RetireWithChoice.com, kingdomtrust.com or drop us an email at [email protected] .

Schwab Completes Asset Acquisition of USAA’s Investment Management Company

Retrieved on: 
Tuesday, May 26, 2020
Banking, Professional services, Finance, Finance, Companies, Money, Exchange-traded funds, Charles Schwab Corporation, Primary dealers, USAA, UBS, Robo-advisor, Charles R. Schwab, Charles Schwab, USAA

The Charles Schwab Corporation announced today that it has completed its acquisition of the assets of USAAs Investment Management Company and has transitioned the underlying brokerage and managed portfolio accounts to Schwab.

Key Points: 
  • The Charles Schwab Corporation announced today that it has completed its acquisition of the assets of USAAs Investment Management Company and has transitioned the underlying brokerage and managed portfolio accounts to Schwab.
  • As announced in July 2019, the companies have also entered into a long-term referral agreement that makes Schwab the exclusive provider of wealth management and investment brokerage services for USAA members.
  • It also provides Schwab an opportunity to serve USAA members as their exclusive provider of wealth management and investment brokerage services, through the long-term referral agreement.
  • Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors.

Innovator ETFs Announces New Upside Cap Ranges for June Series of S&P 500 Buffer ETFs

Retrieved on: 
Tuesday, May 26, 2020
Exchange-traded funds, S&P 500 Index

The June Series of Innovator S&P 500 Buffer ETFs (BJUN, PJUN, UJUN) currently has a remaining outcome period of under one week, with known upside potential and downside buffers through month-end.

Key Points: 
  • The June Series of Innovator S&P 500 Buffer ETFs (BJUN, PJUN, UJUN) currently has a remaining outcome period of under one week, with known upside potential and downside buffers through month-end.
  • The June Series of the S&P 500 Buffer ETFs are scheduled to reset amidst continued heightened market volatility.
  • Other S&P 500 based Buffer ETFs available to US investors have a higher management fee of 0.85% or 0.89%.
  • 2 Innovator Capital Management, LLC is the only issuer that has Defined Outcome ETFs available that have completed a one-year Outcome Period.

Rapid Growth in ESG Funds Calls for Adoption of Standards

Retrieved on: 
Tuesday, May 26, 2020
Finance, Economy, Money, Exchange-traded funds, Mutual funds, Investment management, Socially responsible investing

These have been amplified in the light of the dramatic growth in the number as well as assets sourced to sustainable investment mutual funds and ETFs in the United States beginning in 2019.

Key Points: 
  • These have been amplified in the light of the dramatic growth in the number as well as assets sourced to sustainable investment mutual funds and ETFs in the United States beginning in 2019.
  • Over a five quarter period ending March 31, 2020, assets attributable to sustainable investment mutual funds and ETFs expanded by 447% to reach $2.1 trillion.
  • These sustainable investing recommendations include the adoption of standardized definitions, creation of an accepted mutual fund/ETF product classification framework and closure of a disclosure gap.
  • In turn, sustainable funds now account for about 9.5% of total industry assets.

WisdomTree ETFs Declare Distributions

Retrieved on: 
Tuesday, May 26, 2020
Exchange-traded funds, Financial markets, Finance, WisdomTree Investments, Investment, Exchange-traded product, BetaShares, Boost ETP

WisdomTree Investments, Inc., through its subsidiaries in the U.S. and Europe (collectively, WisdomTree), is an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager headquartered in New York.

Key Points: 
  • WisdomTree Investments, Inc., through its subsidiaries in the U.S. and Europe (collectively, WisdomTree), is an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager headquartered in New York.
  • WisdomTree is the marketing name for WisdomTree Investments, Inc. and its subsidiaries worldwide.
  • Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs.
  • Past distributions are not indicative of future distributions.

BlackRock® Canada Announces Final May Cash Distributions for the iShares® Premium Money Market ETF

Retrieved on: 
Friday, May 22, 2020
Finance, Exchange-traded funds, Money, Economy, BlackRock, iShares, Investment funds, Lee Kranefuss, Investment management, Investment

As of March 31, 2020, the firm managed approximately US$6.47 trillion in assets on behalf of investors worldwide.

Key Points: 
  • As of March 31, 2020, the firm managed approximately US$6.47 trillion in assets on behalf of investors worldwide.
  • iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm.
  • iShares ETFs are managed by BlackRock Asset Management Canada Limited.
  • Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs.

State Street Global Advisors Announces Changes to SPDR® ETF Lineup

Retrieved on: 
Thursday, May 21, 2020
Professional services, Finance, Exchange-traded funds, Financial markets, Finance, Investment, SPDR S&P 500 Trust ETF, SPDR, State Street Global Advisors, State Street Corporation, SPY, Standard & Poor's Depositary Receipts, SPDR Gold Shares, SPDR Exchange Traded Funds, State Street Global Advisors

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced plans to close and liquidate the SPDR S&P Technology Hardware ETF (XTH) and the SPDR S&P 500 Buyback ETF (SPYB) based on an ongoing review of the SPDR ETF offering.

Key Points: 
  • State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced plans to close and liquidate the SPDR S&P Technology Hardware ETF (XTH) and the SPDR S&P 500 Buyback ETF (SPYB) based on an ongoing review of the SPDR ETF offering.
  • SPDR ETFs are sponsored by affiliates of State Street Global Advisors.
  • For four decades, State Street Global Advisors has served the worlds governments, institutions and financial advisors.
  • Distributor: State Street Global Advisors Funds Distributors, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation.

QRAFT AI ETFs Mark Their First Year Anniversary

Retrieved on: 
Thursday, May 21, 2020
Articles, Artificial intelligence, Computational neuroscience, Cybernetics, Academic disciplines, Technology, Exchange-traded funds

AMOM uses AI to achieve its goal of providing investors with purer exposure to the momentum factor.

Key Points: 
  • AMOM uses AI to achieve its goal of providing investors with purer exposure to the momentum factor.
  • Qraft Technologies plans to expand its AI enhanced ETF line ups by adding new strategies in 2H 2020, further utilizing its successful proprietary QRFT Deep learning engine that supports the 3 live ETFs.
  • Qraft Technologies has a long track record of developing innovative AI solutions that have been adopted by major financial institutions and turned into successful AI products and services.
  • Qraft provides customized AI services that cover sales, pre-education, system consulting, learning data management & preprocessing, system development & development process management, integration with existing systems and final product delivery.

Brompton Funds Declare Distributions

Retrieved on: 
Thursday, May 21, 2020
Finance, Money, Exchange-traded funds, Stock market, Economy, Dividend reinvestment plan, Dividend

Brompton North American Low Volatility Dividend ETF and Brompton Global Real Assets Dividend ETF offer a distribution reinvestment plan (DRIP) which provides unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.

Key Points: 
  • Brompton North American Low Volatility Dividend ETF and Brompton Global Real Assets Dividend ETF offer a distribution reinvestment plan (DRIP) which provides unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.
  • Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded funds.
  • Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.
  • These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.