ETF

Victory Capital Reports March 2024 Total Client Assets

Retrieved on: 
Tuesday, April 9, 2024
Asset Management, Professional Services, Finance, Management, VIP, Form, Webcast, Asset, Conference, AUM, ETF, Table, Security (finance)

2Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets.

Key Points: 
  • 2Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets.
  • 5Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products.
  • These assets are included as part of Victory’s Regulatory Assets Under Management reported in Form ADV Part 1.
  • Victory Capital will report first-quarter 2024 financial results after the market closes on Thursday, May 9, 2024.

TCW Files for New Active Fixed Income ETFs and ETF Conversions

Retrieved on: 
Monday, April 8, 2024
Asset Management, Professional Services, Finance, TCW Group, ETF, TCW, Security (finance), Ticker

The TCW Group, a leading global asset management firm, filed an initial registration statement in connection with two new active fixed income exchange-traded funds (ETFs) and the conversion of four active fixed income funds to ETFs.

Key Points: 
  • The TCW Group, a leading global asset management firm, filed an initial registration statement in connection with two new active fixed income exchange-traded funds (ETFs) and the conversion of four active fixed income funds to ETFs.
  • “We are excited to come to market with our first TCW branded fixed income ETFs, which is a natural extension of our distinguished fixed income business and existing ETF platform,” said Jennifer Grancio, Global Head of Distribution at TCW.
  • Shareholders should read the combined prospectus/information statement, which will contain important information about the proposed conversions, when it becomes available.
  • Following their registration with the Securities and Exchange Commission, the ETFs will join TCW’s existing ETF offerings, which includes the TCW Transform Systems ETF (Ticker: NETZ), the TCW Transform Supply Chain ETF (Ticker: SUPP), and the TCW Transform 500 ETF (Ticker: VOTE).

Quincy Data Distributes the Lowest Latency Market Data Between New Jersey and Toronto-TMX

Retrieved on: 
Monday, April 8, 2024
Technology, Mobile, Wireless, Professional Services, Finance, QED, Data, ETF, TMX, Computer data storage

Quincy Data has launched the fastest market data service between the largest U.S. and Canadian equities exchanges.

Key Points: 
  • Quincy Data has launched the fastest market data service between the largest U.S. and Canadian equities exchanges.
  • “For years, consumers of ultra-low latency market data in Toronto have had only one option,” said Quincy Data co-founder Stephane Tyc.
  • In the coming months, Quincy and sister company McKay Brothers plan to extend their market data and private bandwidth services to Toronto’s Equinix-TR2 data center.
  • Quincy Data distributes an extensive portfolio of low latency market data globally.

PT Asset Management Launches Actively Managed Short-Term Bond ETF (Ticker: STBF)

Retrieved on: 
Tuesday, April 9, 2024
Uncertainty, CMBS, Ticker, CFA, CBOE, ABS, ETF, Lisp (programming language), Security (finance)

CHICAGO, April 9, 2024 /PRNewswire/ -- PT Asset Management, LLC (PTAM), a boutique fixed income asset manager with $7.7 billion in assets under management, proudly debuts its inaugural exchange traded fund (ETF), the Performance Trust Short Term Bond ETF (Ticker: STBF), which began trading on the CBOE today. With over fifteen years of experience managing fixed income strategies, PTAM is confidently entering the ETF arena, aiming to offer investors a diversified, actively managed short-term bond strategy tailored to thrive in diverse market conditions.

Key Points: 
  • With over fifteen years of experience managing fixed income strategies, PTAM is confidently entering the ETF arena, aiming to offer investors a diversified, actively managed short-term bond strategy tailored to thrive in diverse market conditions.
  • Shape Management is a disciplined and repeatable mathematical approach aimed at analyzing the risk-return profile of a bond's future cash flows.
  • "We're thrilled to offer access to our proprietary methodology, Shape Management, now available in an investor preferred, tax-efficient ETF wrapper."
  • For more information about STBF and PT Asset Management, visit PTAM.com

Firstrade Launches Fractional Share Trading, Enhancing Market Accessibility for Investors

Retrieved on: 
Tuesday, April 9, 2024
State ownership, Investment, DRIP, ETF, Security (finance)

NEW YORK, April 9, 2024 /PRNewswire/ -- Firstrade, a pioneer in commission-free online trading, today announced the launch of its much-anticipated Fractional Share Trading service. The innovative offering marks a significant step forward in Firstrade's mission to provide investors with unparalleled flexibility and accessibility in the stock market.

Key Points: 
  • The innovative offering marks a significant step forward in Firstrade's mission to provide investors with unparalleled flexibility and accessibility in the stock market.
  • Fractional Share Trading enables investors to trade fractional shares of over 4,000 stocks and ETFs.
  • "The launch of Fractional Share Trading is more than just an expansion of our services," said Don Montanaro, President of Firstrade.
  • To learn more about Firstrade and Fractional Share Trading, please visit https://www.firstrade.com/trading/fractional-shares .

Chris Meredith Joins J.P. Morgan Asset Management Solutions as CIO of Tax Smart Strategies

Retrieved on: 
Tuesday, April 9, 2024
CIO, Spinal muscular atrophies, Research, Growth, James O'Shaughnessy (investor), Index, JPMorgan Chase, ETF, Security (finance)

NEW YORK, April 9, 2024 /PRNewswire/ -- J.P. Morgan Asset Management today announced that Chris Meredith is joining as Chief Investment Officer (CIO) - Tax-Smart Strategies.

Key Points: 
  • NEW YORK, April 9, 2024 /PRNewswire/ -- J.P. Morgan Asset Management today announced that Chris Meredith is joining as Chief Investment Officer (CIO) - Tax-Smart Strategies.
  • Mr. Meredith joins J.P. Morgan Asset Management at a time where advisors and their clients are prioritizing seamless, digital-first experiences.
  • As CIO of Tax-Smart Strategies, Mr. Meredith will also partner closely to develop new products and capabilities with 55ip, J.P. Morgan Asset Management's tax-smart technology platform.
  • "I'm incredibly excited to join J.P. Morgan Asset Management Solutions as CIO of Tax-Smart Strategies," added Mr. Meredith.

TD Asset Management Inc. Launches Canadian and U.S. Target Maturity Bond ETFs

Retrieved on: 
Tuesday, April 9, 2024
Toronto-Dominion Bank, ETF, Trust, TMB, Toronto Stock Exchange, Insurance, Prospectus, TSX, Investment, Security (finance)

TORONTO, April 9, 2024 /CNW/ - Today, TD Asset Management Inc. ("TDAM") announced the addition of six new actively managed fixed income Exchange-Traded Funds ("TD ETFs"), the TD Target Maturity Bond ETFs ("TD TMB ETFs") to its comprehensive fixed income suite.

Key Points: 
  • TORONTO, April 9, 2024 /CNW/ - Today, TD Asset Management Inc. ("TDAM") announced the addition of six new actively managed fixed income Exchange-Traded Funds ("TD ETFs"), the TD Target Maturity Bond ETFs ("TD TMB ETFs") to its comprehensive fixed income suite.
  • This new suite of TD TMB ETFs has the benefits of diversification and professional management that comes with TDAM's Fixed Income Investment Team.
  • Each of the TD TMB ETFs seeks to provide regular income and preserve capital by investing primarily in a portfolio of investment-grade corporate bonds, with the TD Target Maturity Canadian Bond ETFs focusing on investment-grade Canadian corporate bonds denominated in Canadian dollars, and the TD Target Maturity U.S.
  • TD ETFs are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.

Moomoo Japan Offers Japanese Stock Trading Services, Further Upgrading its Features to Serve Local Investors

Retrieved on: 
Monday, April 8, 2024
Attention, Apple, NISA, Muumuu, Osaka Exchange, Nikkei, Real estate investment trust, Zorg, Tokyo Stock Exchange, ETF

TOKYO, April 8, 2024 /PRNewswire/ -- Moomoo Japan has introduced Japanese stock trading services, allowing investors in Japan to seamlessly trade both US and domestic stocks using moomoo, a global investment and trading platform which was officially introduced to Japan in September last year.

Key Points: 
  • TOKYO, April 8, 2024 /PRNewswire/ -- Moomoo Japan has introduced Japanese stock trading services, allowing investors in Japan to seamlessly trade both US and domestic stocks using moomoo, a global investment and trading platform which was officially introduced to Japan in September last year.
  • Following the successful launch of US stock trading in Japan, Moomoo Japan is taking a step further to diversify its offerings to deliver upgraded trading experience for local investors.
  • The prolonged period of low-interest rates in recent years has ignited a surge in interest among investors for stock investments.
  • To cater to the robust investment demand from Japanese investors and offer them a wider range of trading options, moomoo launched Japanese stock trading offering," said Francisco Izawa, President of Moomoo Securities Japan.

Alger Expands High-Conviction Growth Equity Lineup with the Launch of the Alger AI Enablers & Adopters and Alger Concentrated Equity Strategies

Retrieved on: 
Monday, April 8, 2024
Overweight, AP, BANK, Organization, Algorithm, Growth, Tax, ETF, Philosophy, EPS, FDIC, Name, Risk, Public, Terrorism, History, Class, NAV, Virginia High School League, Software, APS, Prospectus, Infection, CFA, Investment, Intellectual property, NOT, Pandemic, Artificial intelligence, Hearing, Financial adviser

NEW YORK, April 8, 2024 /PRNewswire-PRWeb/ -- Fred Alger Management, LLC ("Alger"), a privately held $25.7 billion growth equity investment manager, today announced the launch of two high-conviction portfolios: Alger AI Enablers & Adopters and Alger Concentrated Equity. Both strategies are available as ETFs, mutual funds, and separate accounts.

Key Points: 
  • NEW YORK, April 8, 2024 /PRNewswire-PRWeb/ -- Fred Alger Management, LLC ("Alger"), a privately held $25.7 billion growth equity investment manager, today announced the launch of two high-conviction portfolios: Alger AI Enablers & Adopters and Alger Concentrated Equity.
  • Alger AI Enablers & Adopters, managed by Patrick Kelly, CFA, is a focused portfolio of companies actively involved in developing and implementing Artificial Intelligence (AI) technologies.
  • In our view, organizations that embrace AI technologies better position themselves to drive sustainable growth in the digital age.
  • Alger Concentrated Equity is a focused portfolio of 20-30 stocks representing the highest conviction investment ideas of portfolio manager Dr. Ankur Crawford.

TRADING VOLUMES SURGE AS GRANITESHARES SURPASSES $4B AUM

Retrieved on: 
Friday, March 22, 2024
Microsoft, AMD, Growth, ETF, AUM, Tech, Amazon, Financial adviser

NEW YORK, March 22, 2024 (GLOBE NEWSWIRE) -- GraniteShares, an entrepreneurial ETF provider, today announces it has surpassed $4 billion in assets under management (AUM).This milestone is achieved as the GraniteShares suite of ETFs experience rapid growth.

Key Points: 
  • NEW YORK, March 22, 2024 (GLOBE NEWSWIRE) -- GraniteShares , an entrepreneurial ETF provider, today announces it has surpassed $4 billion in assets under management (AUM).This milestone is achieved as the GraniteShares suite of ETFs experience rapid growth.
  • "Our core mission has always been to provide investors with innovative and accessible investment solutions,” said Will Rhind, Founder and CEO of GraniteShares.
  • "Investors want to maximize exposure to AI, Tech and Crypto, and at times hedge those positions.
  • Our 2X Short and Leveraged Single Stock offerings allow that with the efficiency of an ETF structure.”
    In response to increasing investor demand for single-stock ETFs, GraniteShares launched 3 new leveraged single stock ETFs on AMD, Amazon and Microsoft.