Index

ITS Logistics March Port Rail Ramp Index: Uncertainty with ILA Negotiations Makes List of Largest Concerns for 2024

Retrieved on: 
Tuesday, March 12, 2024

RENO, Nev., March 12, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the March forecast for the ITS Logistics US Port/Rail Ramp Freight Index.

Key Points: 
  • RENO, Nev., March 12, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the March forecast for the ITS Logistics US Port/Rail Ramp Freight Index.
  • In addition, as Q2 approaches, the index will closely follow the International Longshoremen Association (ILA) negotiations as current ocean contracts are being deliberated.
  • The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions.
  • Visit here for a full comprehensive copy of the index with expected forecasts for the US port and rail ramps.

Alpha Transform Holdings Announces February Results for AI Index Performance

Retrieved on: 
Tuesday, March 12, 2024

Tampa, FL, March 12, 2024 (GLOBE NEWSWIRE) -- Alpha Transform AI Index (AAI) tracks the price performance of the top tokens in the AI sector, using a rules-based criteria designed to reflect the landscape of AI tokens.

Key Points: 
  • Tampa, FL, March 12, 2024 (GLOBE NEWSWIRE) -- Alpha Transform AI Index (AAI) tracks the price performance of the top tokens in the AI sector, using a rules-based criteria designed to reflect the landscape of AI tokens.
  • The index includes the top 30 tokens that meet minimum criteria of market capitalization, daily trading volume, and quality of exchange venues.
  • AI-linked companies such as NVIDIA (up 28.6% in February) continued to outperform, which also provided a lift to AI tokens.
  • Meanwhile, ENQAI qualifies after a stellar 537.7% return in February, pushing it into the top 30 AI tokens.

UBS declares coupon payments on 11 ETRACS Exchange Traded Notes

Retrieved on: 
Friday, April 5, 2024

** “Current Yield (annualized)” equals the current quarterly Coupon Amount, multiplied by four (to annualize such coupon), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis.

Key Points: 
  • ** “Current Yield (annualized)” equals the current quarterly Coupon Amount, multiplied by four (to annualize such coupon), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis.
  • The Current Yield is not indicative of future coupon payments, if any, on the ETN.
  • The Current Yield is not indicative of future coupon payments, if any, on the ETN.
  • As such, the Current Yield is not indicative of future coupon payments, if any, on these ETNs.

Agenus Announces Reverse Stock Split of Common Stock

Retrieved on: 
Friday, April 5, 2024

The reverse stock split is intended to give Agenus greater flexibility in its future financing needs and to increase the per share trading price of Agenus’ common stock to satisfy the minimum price requirement for continued listing on the Nasdaq Capital Markets and to qualify for inclusion in the Russell Indices.

Key Points: 
  • The reverse stock split is intended to give Agenus greater flexibility in its future financing needs and to increase the per share trading price of Agenus’ common stock to satisfy the minimum price requirement for continued listing on the Nasdaq Capital Markets and to qualify for inclusion in the Russell Indices.
  • The reverse stock split affects all issued and outstanding shares of Agenus’ common stock.
  • The par value of the Agenus’ common stock will remain unchanged at $0.01 per share after the reverse stock split.
  • The reverse stock split affects all stockholders uniformly and will not alter any stockholder’s percentage interest in Agenus’ equity, except to the extent that the reverse stock split results in some stockholders receiving cash in lieu of any fractional shares as described below.

BMO Launches New Structured Outcome ETF, Now Trading on Cboe Canada

Retrieved on: 
Wednesday, April 3, 2024

Cboe Canada is pleased to welcome return issuer, BMO Asset Management Inc. for the launch of a new Structured Outcome ETF.

Key Points: 
  • Cboe Canada is pleased to welcome return issuer, BMO Asset Management Inc. for the launch of a new Structured Outcome ETF.
  • “We are honoured that BMO has chosen Cboe Canada as its listing partner once again for this launch,” remarked Erik Sloane, Global Head of Corporate Listings at Cboe Global Markets.
  • “We look forward to continuing this support and furthering our relationship with BMO in the years ahead.”
    ZAPR joins 7 other BMO ETFs that trade on Cboe Canada.
  • In Canada, Cboe consistently facilitates more than 20% of all volume traded in Canadian ETFs and over 15% of all volume traded in Canadian-listed companies.

Rayliant Partners with Sumitomo Mitsui DS Asset Management to Launch Rayliant SMDAM Japan Equity ETF (RAYJ)

Retrieved on: 
Thursday, April 4, 2024

Rayliant Global Advisors, a global asset management firm focused on active strategies that blend behavioral finance, data science, and insights in international markets, announced today that it has partnered with Sumitomo Mitsui DS Asset Management (SMDAM), a leading Japan-based asset manager with USD139 billion in total assets (as of 1 Jan 2024), to launch the Rayliant SMDAM Japan Equity ETF (RAYJ) .

Key Points: 
  • Rayliant Global Advisors, a global asset management firm focused on active strategies that blend behavioral finance, data science, and insights in international markets, announced today that it has partnered with Sumitomo Mitsui DS Asset Management (SMDAM), a leading Japan-based asset manager with USD139 billion in total assets (as of 1 Jan 2024), to launch the Rayliant SMDAM Japan Equity ETF (RAYJ) .
  • “We can think of no better partner with whom to launch this exciting new Japan-focused ETF than Sumitomo Mitsui DS Asset Management,” said Jason Hsu, PhD, Rayliant’s Founder and CIO.
  • RAYJ is the newest Rayliant ETF, joining a lineup which also includes Rayliant Quantamental China Equity ETF (Ticker: RAYC), Rayliant Quantamental Emerging Market ex-China Equity ETF (Ticker: RAYE), and Rayliant Quantitative Developed Market Equity ETF (Ticker: RAYD).
  • “This ETF partnership allows us to share our longstanding active Japanese equity expertise with a groundbreaking ETF provider and exceptional quantitative asset manager in Rayliant,” said Takashi Saruta, CEO of Sumitomo Mitsui DS Asset Management.

Cboe Canada Welcomes Franklin Templeton for Launch of Three Low Volatility High Dividend ETFs

Retrieved on: 
Wednesday, April 3, 2024

Today, Cboe Canada Inc. (“Cboe Canada”) welcomes Franklin Templeton Canada (“Franklin Templeton”) to ring the bell in celebration of the March 28th launch of three index tracking ETFs.

Key Points: 
  • Today, Cboe Canada Inc. (“Cboe Canada”) welcomes Franklin Templeton Canada (“Franklin Templeton”) to ring the bell in celebration of the March 28th launch of three index tracking ETFs.
  • “Within a portfolio, these ETFs can complement active and passive strategies by aiming to provide higher income and reduce overall risk.”
    The three new Franklin Templeton funds are as follows:
    Franklin Canadian Low Volatility High Dividend Index ETF ( FLVC ) – seeks to replicate, to the extent possible, the performance of the Franklin Canadian Low Volatility High Dividend Index NTR (the “FLVC Index”).
  • Franklin U.S. Low Volatility High Dividend Index ETF ( FLVU ) – seeks to replicate, to the extent possible, the performance of the Franklin Low Volatility High Dividend CAD Index NTR (the “FLVU Index”).
  • Franklin International Low Volatility High Dividend Index ETF ( FLVI ) – seeks to replicate, to the extent possible, the performance of the Franklin International ex North America Low Volatility High Dividend CAD Index NTR (the “FLVI Index”).

Forge Global’s Private Market Index to be Tracked by Accuidity Strategy, Offering Diversified Exposure to Late-Stage Companies

Retrieved on: 
Tuesday, April 2, 2024

Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced that the Forge Accuidity Private Market Index – which tracks the performance of late-stage, venture-backed companies - has been adopted by Accuidity within their Megacorn strategy (“Accuidity”).

Key Points: 
  • Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced that the Forge Accuidity Private Market Index – which tracks the performance of late-stage, venture-backed companies - has been adopted by Accuidity within their Megacorn strategy (“Accuidity”).
  • The Forge Accuidity Private Market Index tracks the performance of 60 venture-backed, late-stage, private growth companies including SpaceX, Anduril, Scale AI, Epic Games, Chime and others.
  • The Forge Accuidity Private Market Index is backed by Forge’s extensive private market expertise and robust data platform, as well as Accuidity’s deep institutional asset management experience.
  • “At Accuidity, we view index investing as a catalyst for greater private market access and participation,” said Accuidity Founder and Co-President Vince Gubitosi.

CoreLogic: US Annual Home Price Growth Slows but Still Up by Over 5% in February

Retrieved on: 
Tuesday, April 2, 2024

U.S. annual home price growth remained mostly consistent with numbers seen since last fall in February but finally slowed as the residual impact of comparing gains with weak 2022 home prices wore off.

Key Points: 
  • U.S. annual home price growth remained mostly consistent with numbers seen since last fall in February but finally slowed as the residual impact of comparing gains with weak 2022 home prices wore off.
  • “Home price growth pivoted in February, as the impact of the January 2023 Home Price Index bottom finally faded,” said Dr. Selma Hepp, chief economist for CoreLogic.
  • That said, more inventory finally coming to market will likely translate to more options for buyers and fewer bidding wars, which typically keeps outsized price growth in check.
  • Miami posted the highest year-over-year home price increase of the country's 10 highlighted metro areas in January, at 10.2%.

First Trust Advisors L.P. Announces Distribution for Exchange-Traded Funds

Retrieved on: 
Thursday, March 28, 2024

First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Key Points: 
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA has collective assets under management or supervision of approximately $218 billion as of February 29, 2024 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Please refer to each fund's prospectus and Statement of Additional Information for additional details on a fund's risks.
  • First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s).