Pacer unveils ‘Cash Cows’ ETF on Nasdaq 100
Aug 25th, 2024 | By James Lord, CFAPacer has expanded its popular suite of ‘Cash Cows’ ETFs with a new fund that invests in the highest free cash flow generators within the growth-oriented Nasdaq 100.
Pacer has expanded its popular suite of ‘Cash Cows’ ETFs with a new fund that invests in the highest free cash flow generators within the growth-oriented Nasdaq 100.
Amplify has launched a new ETF that seeks to balance capital appreciation with robust income generation by investing in US growth-oriented stocks while opportunistically writing covered calls.
Rockefeller Asset Management, a division of Rockefeller Capital Management, has introduced its first actively managed fixed income ETFs with a trio of funds that aim to capture opportunities across the tax-exempt municipal bond market.
Fintech company TappAlpha has launched its first ETF, an innovative fund that combines the growth potential of the S&P 500 with the income generation of a sophisticated daily covered call strategy.
The underlying MVIS US Listed Semiconductor 25 Index offers exposure to the largest and most liquid U.S.-listed semiconductor companies. Constituents are selected from a universe of U.S.-listed stocks, including American Depository Receipts, with market caps above $150 million and average daily trading volumes exceeding $1 million. To qualify, firms must generate at least 50% of their revenue from the production of semiconductors or semiconductor equipment. The largest 50 eligible companies are then ranked using an equally weighted combination of market capitalization and average daily trading volume. The 25 highest-ranked companies are selected and weighted by float-adjusted market capitalization, subject to an individual cap of 20%. The index is reviewed on a semi-annual basis.
JP Morgan Asset Management has launched a new suite of actively managed US equity ETFs that utilize data science to build fundamentally selected portfolios.
Schwab Asset Management has announced the upcoming launch of its first actively managed fixed income ETF, the Schwab Ultra-Short Income ETF (SCUS US), which will begin trading on NYSE Arca on 13 August.
First Trust has launched a new ETF in Europe that strives to capitalize on the momentum factor within US large-cap equities while incorporating a risk-management overlay to guard against market exuberance.
Neuberger Berman has introduced the Neuberger Berman Core Equity ETF (NBCR US), catering to investors seeking long-term growth through large-cap US equities.
BlackRock has launched a new thematic equity ETF targeting companies poised to benefit from the resurgence of US manufacturing.