ETF Architect Moves Strive Funds to NYSE
ETF Architect, a veteran-owned ETF operations firm, has announced a strategic move to change the primary listings of nine of its Strive funds to the New York Stock Exchange (NYSE). This decision comes as part of the firm’s efforts to enhance its operations and provide better investment opportunities for its clients. The funds involved in this transition include Strive U.S. Energy ETF, Strive 500 ETF, Strive U.S. Semiconductor ETF, Strive Emerging Markets Ex-China ETF, Strive FAANG 2.0 ETF, Strive 1000 Dividend Growth ETF, Strive 1000 Growth ETF, Strive 1000 Value ETF, and Strive Small-Cap ETF.
Strategic Transition: Strive Funds on NYSE
The decision to shift the primary listings of these Strive funds to the NYSE was made after careful consideration by the funds’ investment adviser and subsequent approval by the Board. The move to the NYSE is seen as a strategic decision to align the funds with a well-established exchange and provide investors with increased visibility and liquidity. By listing on the NYSE, ETF Architect aims to attract more investors and enhance the trading experience for existing shareholders.
No Impact on Shareholders as Strive Funds Shift to NYSE
The relocation of the Strive funds from their current listings to the NYSE is not expected to have any direct impact on the shareholders. The transition was carefully planned to minimize any disruptions and ensure a smooth transfer of the funds. Shareholders can continue to hold their investments in the Strive funds without any required action and will retain the same exposure to the funds’ underlying assets.
ETF Architect Relocates Nine Strive Funds to NYSE
ETF Architect’s decision to relocate the Strive funds to the NYSE is aimed at leveraging the exchange’s robust infrastructure and reputation in the industry. By listing on the NYSE, the Strive funds will benefit from the exchange’s extensive network of market participants, advanced trading technology, and strong regulatory oversight. This move is expected to enhance the funds’ overall performance and improve their marketability.
Quasar Distributors Distributes Strive Funds on NYSE
The nine Strive funds that are shifting their primary listings to the NYSE are distributed by Quasar Distributors, LLC. As a leading distributor of investment products, Quasar Distributors plays a crucial role in connecting investors with the Strive funds and facilitating their transactions. With the funds now listed on the NYSE, Quasar Distributors will continue to distribute the funds to investors, ensuring seamless access to the investment opportunities provided by the Strive funds.
In summary, the decision by ETF Architect to move the primary listings of its nine Strive funds to the NYSE is a strategic move aimed at enhancing the funds’ visibility, liquidity, and overall performance. The funds’ relocation is not expected to have any direct impact on shareholders, who can continue to hold their investments without any required action. Quasar Distributors, the distributor of the Strive funds, will continue to distribute the funds on the NYSE, providing investors with seamless access to these investment opportunities.
Analyst comment
Positive news. Market forecast: The move to the NYSE will increase visibility and liquidity for the Strive funds, attracting more investors and improving performance. Shareholders will not be directly impacted. Quasar Distributors will continue to distribute the funds, ensuring seamless access for investors.
