Esposito Securities Provides Initial Seed Capital for Successful Launch of the Cambria Trinity ETF (TRTY)
27 9월 2018 - 10:45PM
Business Wire
Fund follows Cambria Trinity ETF Index
Esposito Securities, LLC (“Esposito”), a leading provider of ETF
seed capital, and other key services to both the asset management
industry and institutional investors, is celebrating the recent
successful launch of the Cambria Trinity ETF (NYSE:TRTY), for which
Esposito provided initial seed capital.
TRTY launched on September 12, 2018, and traded 28,370 shares on
its first day. Since going live, the fund has continued to see
strong volume, averaging more than 41,417 shares traded per
day.
Meb Faber, CEO of Cambria Investment Management said “We’re
incredibly excited about our new Trinity ETF. Whereas our other
funds have largely offered effectives solutions for investors
looking to target certain factors or market exposures, Trinity is a
more holistic investment solution. We believe it’s a fantastic
replacement for the ‘investment soup’ approach that characterizes
so many unbalanced portfolios.”
He went on to say “This is a great time to be an investor, with
fees dropping throughout the industry while new investment
platforms are making everything more convenient. We’re thrilled to
be a part of this through our new Trinity ETF offering. It’s a
no-management fee, a low-all-in cost way for investors to own a
single security that, we believe, provides many of the same
benefits as a broad, well-diversified global portfolio.”
“We greatly appreciate having worked on the successful launch of
the TRTY ETF, and we congratulate the team at Cambria Investment
Management for their success.” said Mark Esposito, CEO of Esposito
Securities, LLC. “We are excited about Cambria continuing to add to
their ETF product suite as they continue to grow.”
The team at Esposito has played a major role in helping its ETF
sponsor clients prosper during the recent, unprecedented growth in
the ETF industry. Throughout its 12-year history in ETFs, Esposito
has assisted funds in seeding, the creation and redemption of ETF
shares, and executing trades in the underlying securities. Esposito
offers custom and standard basket trading for ETFs as well as seed
capital, rebalance work-up and assistance, and superior execution
with the option of Post Trade and Best Execution analytical
reporting for all funds. Esposito also trades all listed equity and
index options.
“As the ETF industry has grown and matured, so too has its need
for innovative technology, operations and trading solutions, and
we’re very proud to have provided those services and more to so
many fast-growing ETF providers,” added Esposito. “The last
decade-plus has been an incredibly exciting time to be part of the
world of ETFs and we look forward to helping our existing clients
and new clients build their own footprint in this vibrant
space.”
About Esposito Securities
LLC
Our broker/dealer (http://www.espositosecurities.com) is a
financial firm trading various types of securities for
institutions. Committed to excellence, we contend with some of the
world’s largest securities firms, but when you trade with Esposito,
you are not just another number, you are part of the family. Our
approach is personal, intelligent, and thorough. We tailor our
dynamic platform to the specific needs of our clients.
The cornerstone of our success is a unique blend of advanced
trading technologies and extensive human networks which we combine
to provide our clients with premium, high-touch execution
services.
Equity trading and ETF services are offered through Esposito
Securities LLC, a broker-dealer, member FINRA/SIPC, The information
contained within is not a solicitation or an offer to buy or sell
any securities.
About Cambria
At Cambria, we believe everyone should have access to fair and
thoughtful investment solutions. We believe fees matter, so we
serve you best by helping keep more of your dollars in your
own pocket. And we believe buy-and-hold is a great
start to growing wealth – yet one upon which we
can improve.
Underpinning all these beliefs is one core idea: We’re only as
successful as our ability to listen and understand your goals,
then provide an investing experience that makes a
positive difference in your finances and your life. Let us know how
we can help you today.
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version on businesswire.com: https://www.businesswire.com/news/home/20180927005098/en/
MacMillan CommunicationsChris Sullivan / Rosa Sobrino(212)
473-4442chris@macmillancom.com
Cambria Trinity ETF (AMEX:TRTY)
과거 데이터 주식 차트
부터 10월(10) 2024 으로 11월(11) 2024
Cambria Trinity ETF (AMEX:TRTY)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024