NYSE Arca

Schwab Asset Management Announces Zero Capital Gains Distributions for Schwab ETFs for 2023

Retrieved on: 
Monday, December 18, 2023
Asset Management, Professional Services, Business, Finance, ETF, Charles Schwab Corporation, Product strategy, NYSE Arca, Development, Schwab, Financial adviser

Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced there will be no capital gains distributions for the 2023 tax year by any of the 30 exchange-traded funds (ETFs) in the Schwab ETF family.

Key Points: 
  • Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced there will be no capital gains distributions for the 2023 tax year by any of the 30 exchange-traded funds (ETFs) in the Schwab ETF family.
  • “Schwab ETFs delivered another year of zero capital gains, adding to a strong track record of tax efficiency,” said Nicohl Bogan, Director of Product Strategy and Development, Schwab Asset Management.
  • With an average asset-weighted operating expense ratio of 8 bps, Schwab ETFs span six asset classes.
  • Schwab Asset Management continued driving lower costs for investors in 2023 aligning operating expense ratios for all its fixed income ETFs at three basis points.

The New York Stock Exchange Leads Industry in Transfers for a Second-Straight Year, Reports Major Technology and Community Milestones

Retrieved on: 
Monday, December 18, 2023
Asset Management, Professional Services, Finance, Pillar, FanDuel, Initial public offering, KVUE, NYSE, Bank, Expeditors International, U.N, COHR, Commerce, Intercontinental Exchange, House, EXPD, Capital market, Conference, IPO, ETP, NYSE Arca, CRH, Flutter Entertainment, AngloGold Ashanti, NYSE Euronext, AI, ICE, Cryptocurrency, Security (finance), Coherence, Fiserv

The exchange reported 32 listing transfers in 2023, the second-highest total since 2002, bringing $120 billion in new market capitalization to the exchange.

Key Points: 
  • The exchange reported 32 listing transfers in 2023, the second-highest total since 2002, bringing $120 billion in new market capitalization to the exchange.
  • Of those, 20 were operating companies, nearly triple the number of operating companies transferring to competing exchanges.
  • Notably, the median market capitalization for all transfers to the NYSE was five times larger than those to other exchanges.
  • In addition to Fiserv, Expeditors International of Washington (NYSE: EXPD) and Coherent (NYSE: COHR) ranked among those moving their listings to the NYSE.

Infrastructure Capital Advisors Launches Its Newest ETF: the InfraCap Small Cap Income ETF (SCAP)

Retrieved on: 
Tuesday, December 12, 2023
Insurance, Finance, Consulting, Fintech, Banking, Accounting, Professional Services, Data Analytics, Asset Management, Eye, PFFR, Fund, SCAP, ETF, ICAP, Investment, Social media, S.A.C. Capital Advisors, NYSE Arca, Financial adviser

Infrastructure Capital Advisors (“InfraCap”), a leading provider of investment management solutions designed to meet the needs of income-focused investors, is today announcing the launch of the latest addition to the firm’s lineup of Exchange-Traded Funds (“ETFs”): the InfraCap Small Cap Income ETF (NYSE Arca: SCAP).

Key Points: 
  • Infrastructure Capital Advisors (“InfraCap”), a leading provider of investment management solutions designed to meet the needs of income-focused investors, is today announcing the launch of the latest addition to the firm’s lineup of Exchange-Traded Funds (“ETFs”): the InfraCap Small Cap Income ETF (NYSE Arca: SCAP).
  • “Small-cap stocks are trading at historically low prices and may be poised for a bounce back year in 2024.
  • We believe that substantial alpha can be added through active management of the less efficient small cap sector,” said Hatfield.
  • Preferred Stock ETF (NYSE Arca: PFFA), InfraCap REIT Preferred ETF (NYSE Arca: PFFR), InfraCap MLP ETF (NYSE Arca: AMZA), and the InfraCap Equity Income Fund ETF (NYSE Arca: ICAP).

Merk Stagflation ETF Announces Liquidation on December 27, 2023

Retrieved on: 
Thursday, December 7, 2023
Professional Services, Finance, Fund, Exchange-traded fund, Merk, Trustee, NYSE Arca, Security (finance)

After careful consideration, and at the recommendation of Merk Investments LLC, the investment adviser to the Merk Stagflation ETF (the “Fund”), the Board of Trustees of Listed Funds Trust approved the closing and subsequent liquidation of the Fund pursuant to the terms of a Plan of Liquidation.

Key Points: 
  • After careful consideration, and at the recommendation of Merk Investments LLC, the investment adviser to the Merk Stagflation ETF (the “Fund”), the Board of Trustees of Listed Funds Trust approved the closing and subsequent liquidation of the Fund pursuant to the terms of a Plan of Liquidation.
  • Accordingly, the Fund is expected to cease operations, liquidate its assets, and distribute the liquidation proceeds to shareholders on or about December 27, 2023 (the “Liquidation Date”).
  • Shares of the Fund are listed on NYSE Arca, Inc.
    Beginning on or about December 8, 2023 and continuing through the Liquidation Date, the Fund will liquidate its portfolio assets.
  • Shareholders remaining in the Fund on the Liquidation Date will not be charged any transaction fees by the Fund.

Empire State Realty Trust Announces Dividend for Fourth Quarter 2023

Retrieved on: 
Friday, December 8, 2023
Commercial Building & Real Estate, Construction & Property, REIT, ESBA, Empire State Building, Empire, ESRT, NYSE, Partnership, S60 (software platform), NYSE Arca

Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that its Board of Directors has declared a dividend of $0.035 per share for the fourth quarter of 2023, payable to holders of the Company’s Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.’s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership units.

Key Points: 
  • Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), today announced that its Board of Directors has declared a dividend of $0.035 per share for the fourth quarter of 2023, payable to holders of the Company’s Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.’s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership units.
  • The Board of Directors has declared a dividend of $0.15 per unit for the fourth quarter of 2023, payable to holders of ESRO’s Series 2014 Private Perpetual Preferred Units, and a dividend of $0.175 per unit for the fourth quarter of 2023, payable to holders of ESRO’s Series 2019 Private Perpetual Preferred Units.
  • The dividends will be payable in cash on December 29, 2023, to stockholders or unitholders, as applicable, of record at the close of business on December 18, 2023.

First Trust Announces Completion of First Trust Dynamic Europe Equity Income Fund’s Reorganization into First Trust Active Global Quality Income ETF

Retrieved on: 
Tuesday, November 21, 2023
Consulting, Asset Management, Professional Services, Finance, Janus, ETF, Janus Henderson, FTA, NYSE, PLC, Investment, ASX, AIB (NI), City, Prospectus, FTP, Trustee, NYSE Arca, FINRA, ARCA, Financial adviser

As previously announced, the shareholders of FDEU approved FDEU’s reorganization into AGQI at a Special Meeting of Shareholders on October 23, 2023.

Key Points: 
  • As previously announced, the shareholders of FDEU approved FDEU’s reorganization into AGQI at a Special Meeting of Shareholders on October 23, 2023.
  • The reorganization was approved by the Board of Trustees of each of FDEU and AGQI on March 22, 2023.
  • In the reorganization, the assets of FDEU were transferred to, and the liabilities of FDEU were assumed by, AGQI.
  • AGQI is an actively managed ETF that seeks income with the potential for capital growth over the longer-term.

SoFi Invest Launches the SoFi Enhanced Yield ETF to Offer Investors a New Income Source

Retrieved on: 
Thursday, November 16, 2023
Fintech, Asset Management, Professional Services, Finance, Treasury, United States Treasury security, SoFi, NYSE Arca

SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced the launch of the SoFi Enhanced Yield ETF (NYSE Arca: THTA).

Key Points: 
  • SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced the launch of the SoFi Enhanced Yield ETF (NYSE Arca: THTA).
  • THTA provides a simple, liquid way to diversify one's portfolio by introducing what is a fast-growing emerging asset class: options-powered income strategies.
  • The SoFi Enhanced Yield ETF’s options strategy will be actively managed by ZEGA Financial , a leader in options-focused investing.
  • The SoFi Enhanced Yield ETF was designed as a modern, alternative strategy that can cater to investors seeking potentially higher-yielding investment options.

The Marygold Companies Reports Financial Results for 2024 First Fiscal Quarter

Retrieved on: 
Monday, November 13, 2023
Professional Services, Fintech, Consumer, Asset Management, Food, Beverage, Construction & Property, Cosmetics, Retail, Packaging, Other Consumer, Building Systems, Finance, Manufacturing, NYSE, Insurance, Investment, Sprout, Gourmet Foods, Limited, Marketing, Security alarm, Manufacturing Advisory Service, School, NYSE Arca, CO, Elite Security Holdings, Bank, Marigold

The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD), a diversified global holding firm, today reported financial results for the 2024 first fiscal quarter ended September 30, 2023.

Key Points: 
  • The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD), a diversified global holding firm, today reported financial results for the 2024 first fiscal quarter ended September 30, 2023.
  • Cash and cash equivalents amounted to $7.0 million at the end of the quarter, and the Company has essentially no debt.
  • “Good progress was made during the quarter on an operational basis, and the Company remains cash flow positive,” said David Neibert, TMC’s Chief Operations Officer.
  • Marygold & Co., formed in the U.S. during 2019 and operating from offices in Denver, CO, together with its wholly owned subsidiary, Marygold & Co.

Nine Strive funds will move primary listing from NYSE Arca, Inc. and NASDAQ Stock Market LLC to New York Stock Exchange

Retrieved on: 
Wednesday, December 13, 2023
ETF, SHOC, New York Stock Exchange, NYSE Arca, Risk, STRV, Financial adviser, Funding

HAVERTOWN, Pa., Dec. 13, 2023 /PRNewswire/ -- (ETF Architect) -- EA Series Trust announces that the following funds will move their primary listings to the New York Stock Exchange: Strive U.S. Energy ETF (NYSE Arca: DRLL), Strive 500 ETF (NYSE Arca: STRV), Strive U.S. Semiconductor ETF (NYSE Arca: SHOC), Strive Emerging Markets Ex-China ETF (NYSE Arca: STXE), Strive FAANG 2.0 ETF (NYSE Arca: FTWO), Strive 1000 Dividend Growth ETF (Nasdaq: STXD), Strive 1000 Growth ETF (Nasdaq: STXG) Strive 1000 Value ETF (Nasdaq: STXV) and Strive Small-Cap ETF (Nasdaq: STXK), collectively, the "Funds".

Key Points: 
  • HAVERTOWN, Pa., Dec. 13, 2023 /PRNewswire/ -- (ETF Architect) -- EA Series Trust announces that the following funds will move their primary listings to the New York Stock Exchange: Strive U.S. Energy ETF (NYSE Arca: DRLL), Strive 500 ETF (NYSE Arca: STRV), Strive U.S. Semiconductor ETF (NYSE Arca: SHOC), Strive Emerging Markets Ex-China ETF (NYSE Arca: STXE), Strive FAANG 2.0 ETF (NYSE Arca: FTWO), Strive 1000 Dividend Growth ETF (Nasdaq: STXD), Strive 1000 Growth ETF (Nasdaq: STXG) Strive 1000 Value ETF (Nasdaq: STXV) and Strive Small-Cap ETF (Nasdaq: STXK), collectively, the "Funds".
  • After careful consideration of a number of factors, the Board, at the recommendation of the Funds' investment adviser, concluded that it is advisable and in the best interest of the Funds and its shareholders to move listing to New York Stock Exchange.
  • The Funds will officially begin trading on New York Stock Exchange at market open on January 10, 2024.
  • The Funds will continue trading as normal on NYSE Arca, Inc. and NASDAQ Stock Market LLC until market close on January 9, 2024.

BMO Launches MAX™ S&P 500® 4X Leveraged Exchange Traded Notes on NYSE Arca

Retrieved on: 
Monday, December 4, 2023
S&P, BMO Capital Markets, Movement, Note, Risk, Total return index, XXXX, Bank of Montreal, 4X, Bank, Zorg, NYSE Arca, BMO, Exchange-traded note, Index

NEW YORK, Dec. 4, 2023 /PRNewswire/ - Bank of Montreal (BMO) today announced the launch of 4X leveraged Exchange Traded Notes (ETNs) linked to the S&P 500® Total Return Index (the "Index") in the United States.

Key Points: 
  • NEW YORK, Dec. 4, 2023 /PRNewswire/ - Bank of Montreal (BMO) today announced the launch of 4X leveraged Exchange Traded Notes (ETNs) linked to the S&P 500® Total Return Index (the "Index") in the United States.
  • The MAX™ S&P 500® 4X Leveraged ETNs (ticker: XXXX ) will start trading tomorrow on NYSE Arca.
  • The Index is a total return index, in which dividends paid on the applicable securities are included in the level of the Index.
  • "With the launch of these 4X leveraged ETNs, we continue to foster a diversified and dynamic investment landscape," said Adam Stempel, Managing Director, BMO Capital Markets.