ETF Managers Group Celebrates Ringing the Bell at Both the NYSE and the NASDAQ
24 Oktober 2017 - 5:15PM
Business Wire
ETF Managers Group (ETFMG) is celebrating another first
today, ringing the opening and then the closing bell with two of
its partner firms at the NYSE and the NASDAQ, respectively.
At the NYSE ETF Managers Group joins Steven Schoenfeld, Chief
Investment Officer of BlueStar Indexes and his colleagues as they
ring the Opening Bell to celebrate BlueStar TA-BIGITech Israel
Technology ETF (ITEQ) being listed on the NYSE Arca. BlueStar
partnered with ETFMG to bring ITEQ to market in November of 2015,
providing investors with direct access to the fast-growing Israeli
technology sector. “We’re thrilled for our partners at BlueStar to
have the chance to ring today’s NYSE Opening Bell,” said Sam
Masucci, CEO and Founder of ETF Managers Group. “ITEQ has seen
steady growth since its inception in 2015, we are hopeful for
ongoing success as Israel continues to impact the global tech
space.”
Later today, in Times Square, ETFMG will join Brad Lamesndorf,
founder and portfolio manager of Active Alts with his colleagues as
they ring the Closing Bell at the NASDAQ to celebrate the launch
earlier this year of the Active Alts Contrarian ETF (SQZZ). Sam
Masucci says he is “excited to be providing wholesale services to
SQZZ allowing the investor community access to capitalize on 'short
squeeze' opportunities.
“We congratulate the teams at BlueStar and Active Alts on
today’s Bell Ringings. Strong partnerships with industry experts is
the foundation of these successful products,” continued Masucci.
“We at ETFMG remain focused on the continued growth and success of
all of our partners and we look forward to bringing more unique
ETFs to market expanding our ETFMG Family of funds in the coming
months.”
About ETF Managers Group
ETF Managers Group is the only Exchange Traded Fund (ETF) issuer
to offer partners a fully managed solution for all ETF types.
Leveraging decades of experience across the financial landscape,
from asset management to regulatory compliance, ETF Managers Group
offers top tier services including product engineering &
operations, portfolio management, sales & trading, and active
marketing to our family of funds. Our services and experience offer
a unique all-inclusive approach to designing, marketing, and
selling financial products that disrupt markets around the world.
For more information on ETFMG visit us at www.etfmg.com and follow
us on Twitter and LinkedIn.
Carefully consider the Fund’s investment objectives, risk
factors, charges, and expenses before investing. This and
additional information can be found in the Funds’
prospectuses, which may be obtained by calling 1-844-ETF-MGRS
(1-844-383-6477), or by visiting the funds’ website. Read the
prospectuses carefully before investing.
Past performance does not guarantee future results.
Investing involves risk, including the possible loss of
principal. Shares of any ETF are bought and sold at market price
(not NAV), may trade at a discount or premium to NAV and are not
individually redeemed from the Fund. Brokerage commissions will
reduce returns. Narrowly focused investments typically exhibit
higher volatility.
SQZZ seeks to invest in stocks in which a significant amount of
market participants have taken short positions, when the market
participants believe the value of these stocks will decline in the
future. If these market participants are correct, the value of
stocks in which the Fund invests will decrease, and the Fund will
lose money on its investments. The Fund’s portfolio is actively
managed, and will likely have a higher portfolio turnover rate than
non-actively managed portfolios.
SQZZ is distributed by Foreside Fund Services, LLC, which is not
affiliated with ETFMG or BlueStar.
Investment in securities of Israeli companies involves risks
that may negatively affect the value of your investment in the
Fund. Among other things, Israel’s economy depends on imports of
certain key items, such as crude oil, coal, grains, raw materials
and military equipment. Foreign investing involves special risks
such as currency fluctuations and political uncertainty. Funds that
invest in smaller companies may experience greater volatility.
Funds that emphasize investments in technology generally will
experience greater price volatility.
ITEQ is distributed by ETFMG Financial LLC. ETF Managers Group
LLC and ETFMG Financial LLC are wholly owned subsidiaries of
Exchange Traded Managers Group LLC (collectively, "ETFMG"). ETFMG
Financial LLC is not affiliated with BlueStar Indexes. Sam Masucci
is a registered representative of ETFMG Financial LLC.
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version on businesswire.com: http://www.businesswire.com/news/home/20171024006145/en/
MacMillan CommunicationsChris Sullivan/Mike MacMillan,
212-473-4442chris@macmillancom.com
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