Latest news with #NYSEArca
Yahoo
an hour ago
- Business
- Yahoo
NYSE Arca submits filing for listing of Truth Social Bitcoin ETF
(Reuters) -NYSE Arca on Tuesday submitted a filing to the U.S. markets regulator seeking regulatory approval to list the Truth Social Bitcoin ETF. Spot bitcoin ETFs have gained popularity since their January 2024 debut, drawing billions in inflows as investors seek regulated, liquid exposure to the cryptocurrency. In February, the Trump Media and Technology Group applied to trademark six investment products that track bitcoin and the U.S. manufacturing and energy sectors. U.S. President Donald Trump is the majority owner of TMTG, which runs the social media platform Truth Social. The filing, known as a Form 19b-4, is a requirement that organizations such as stock exchanges submit to the U.S. Securities and Exchange Commission to propose a rule change or to list a new product. It's a key procedural step before an exchange can begin listing and trading a new fund or instrument. The fund will seek to reflect the performance of bitcoin and has been "designed to remove the obstacles represented by the complexities and operational burdens involved in a direct investment in bitcoin." Bitcoin has gained 12.7% so far this year and is trading above $105,000.
Business Wire
a day ago
- Business
- Business Wire
Academy Asset Management Named to PSN Top Guns List of Best Performing Strategies for Q1 2025
NEW YORK--(BUSINESS WIRE)--Academy Asset Management ('AAM') announced today it has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q1 2025. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers. 'We are proud to deliver meaningful impact to the veteran community without compromising returns for our investors.' "Q1 2025 presented a fascinating market narrative marked by significant rotation and global shifts. Success demanded adaptability, deep market understanding, and strategic positioning," says PSN Product Manager Nick Williams. "PSN Top Guns managers demonstrated exceptional skill in navigating these complex dynamics, where value sectors outperformed growth, international markets showed strength, and policy shifts created both challenges and opportunities. Their expertise in reading and responding to these evolving market conditions continues to showcase the enduring value of active management in separately managed accounts." AAM's recognition underscores the strength of one of its flagship offerings: Veteran Lending through the mortgage and asset-backed markets. This strategy delivered strong performance while providing clients with the opportunity to make a meaningful impact by supporting the veteran community through residential mortgages for active-duty service members and veterans, as well as small business loans to veteran-owned enterprises. 'Our mortgage and asset-backed strategy stood out not only for its strong performance, but also for how it navigated market volatility through a disciplined investment process,' said Seth Rosenthal, Chief Investment Officer at AAM. 'We are proud to deliver meaningful impact to the veteran community without compromising returns for our investors.' Through a combination PSN's proprietary performance screens, the PSN Top Guns awards products in six proprietary categories in over 75 universes based on continued performance over time. Academy Asset Management's Veteran Impact ETF (NYSE Arca: VETZ) strategy earned a PSN Top Guns Q1 and 1-Year award, ranking in the top ten returns of the US Fixed Income Universe. For Q1 2025, the strategy ranked #1, and for the 1-Year period ending 3/31/2025, it ranked #5 within the universe. VETZ is the first publicly traded ETF to primarily invest in loans to U.S. service members, military veterans, their survivors, and veteran-owned businesses. It is an actively managed strategy that primarily invests in MBS guaranteed by government-sponsored enterprises, such as Ginnie Mae. The strategy also invests in pools of small business loans backed by the Small Business Administration (SBA). To learn more about AAM's veteran impact strategy, you can visit The complete list of PSN Top Guns and an overview of the methodology can be located at About Academy Asset Management (AAM) Academy Asset Management is the nation's first post-9/11 veteran-owned and operated institutional asset manager, specializing in fixed-income funds and separately managed accounts. Our leadership and team members bring rigorous military training combined with deep expertise in global capital markets. Mission-driven and guided by a strong ethical foundation, we operate with a high degree of accountability and a relentless focus on our clients' success. Academy Asset Management has offices in New York, Chicago, and San Diego. To learn more, visit About PSN For more than four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr's PSN to effectively reach institutional and retail investors. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of over 40 Years of Data Including Net and Gross-of-Fee Returns. PSN Mid-Year Outlook provides insight and trends about the SMA industry. You can view it online here. Visit PSN online to learn more. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (866) 631-0504 or visit our website at Read the prospectus or summary prospectus carefully before investing. Investing involves risk. Principal loss is possible. Agency Small Business Loan & MBS Risk. There is uncertainty as to the current status of many obligations of Fannie Mae or Freddie Mac and other agencies that are placed under conservatorship of the U.S. Government. Fixed income Securities Risk. Typically, the value of fixed income securities changes inversely with prevailing interest rates. Non-Agency MBS Risk. Non-agency MBS are subject to heightened risks as compared to agency MBS, including that non-agency MBS are not subject to the same underwriting requirements for the underlying mortgages that are applicable to those MBS that have a government or government-sponsored entity guarantee. Non-Agency MBS Risk. Non-agency MBS are subject to heightened risks as compared to agency MBS, including that non-agency MBS are not subject to the same underwriting requirements for the underlying mortgages that are applicable to those MBS that have a government or government-sponsored entity guarantee. Prepayment Risk and Extension Risk. Many issuers have a right to prepay their fixed income securities. Repurchase Agreement Risk. Repurchase agreements may be viewed as loans made by the Fund that are collateralized by the securities subject to repurchase. TBA Transactions Risk. The Fund may enter into TBA transactions for MBS. New Fund Risk. As a new fund, there can be no assurance that the Fund will grow or maintain an economically viable size. Investment grade is a rating of fixed-income bonds, bills, and notes by credit rating agencies like Standard and Poor's (S&P), Fitch, and Moody's, which signifies a low risk of default. The rating determines the creditworthiness of companies based on their financial strengths and structure, past data, and growth potential. Companies with good levels of debt, debt repayment, good earning potential, and growth will have good credit ratings. Mortgage-backed securities (MBS) are investment products similar to bonds. Each MBS consists of a bundle of home loans and other real estate debt bought from the banks that issued them. Investors in mortgage-backed securities receive periodic payments similar to bond coupon payments. Bloomberg US Aggregate Bond Index This index (the 'Agg') represents securities that are SEC registered, taxable and U.S. dollar denominated. It covers the U.S. investment grade, fixed-rate bond market, with components for government and corporate securities, mortgage pass-through securities and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis. Bloomberg US Mortgage-Backed Securities (MBS) Index This index measures the performance of investment grade, fixed-rate, mortgage-backed, pass-through securities of the government-sponsored enterprises (GSEs): Federal Home Loan Mortgage Corp. (Freddie Mac), Federal National Mortgage Association (Fannie Mae) and Government National Mortgage Association (Ginnie Mae). Distributed by Foreside Fund Services, LLC. Foreside is not related to Academy.
Yahoo
6 days ago
- Business
- Yahoo
NYSE Content Advisory: Pre-Market update + CEO survey reveals growth as top priority
NEW YORK, May 28, 2025 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 28th The NYSE teamed up with Oliver Wyman for a second straight year to survey top executives. It found that leaders are increasingly focused on growth. Of the 165 NYSE-listed company CEOs that participated, 68% cited a growth driver as priority. Stocks are little changed Wednesday morning as traders await earnings from Nvidia after the closing bell. Markets are anticipating what China restrictions mean for the AI chipmaker. Nvidia hasn't seen any slow in demand for its graphic processors. Macy's (NYSE: M), Dick's Sporting Goods (NYSE: DKS), and Abercrombie & Fitch (NYSE: ANF) released earnings results. Most exceeded expectations during Q1, but traders are tuned into their outlook amid tariffs. Click here to read the NYSE-Oliver Wyman Survey Opening BellThe New York Stock Exchange welcomes LTC Properties (NYSE: LTC) to ring the opening bell. Closing BellMeasured Risk Portfolios celebrates SNTH (NYSE Arca: SNTH) Click here to download the NYSE TV App View original content to download multimedia: SOURCE New York Stock Exchange View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
22-05-2025
- Business
- Business Wire
Franklin Templeton Announces Liquidation of Franklin FTSE Hong Kong ETF
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton today announced it will liquidate and dissolve Franklin FTSE Hong Kong ETF (FLHK). The liquidation is anticipated to occur on or about July 8, 2025. The liquidation of FLHK was approved by the Fund's board of trustees on May 21, 2025. After the close of business on June 10, 2025, the Fund will no longer accept creation orders. Trading in the Fund on NYSE Arca, Inc. ('NYSE Arca') will be halted prior to market open on July 2, 2025. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about July 8, 2025. When the Fund is in the process of liquidating its portfolio, which is anticipated to commence prior to July 2, 2025, the Fund will hold cash and securities that may not be consistent with the Fund's investment goal and strategies. Shareholders may sell their shares of the Fund on NYSE Arca until the market close on July 1, 2025 and may incur the usual and customary brokerage commissions associated with the sale of Fund shares. The Fund's shares will no longer trade on NYSE Arca after market close on July 1, 2025, and the shares will be subsequently delisted. At the time the liquidation of the Fund is complete, shares of the Fund will be individually redeemed. Shareholders who do not sell their shares of the Fund before market close on July 1, 2025 will receive cash equal to the amount of the net asset value of their shares, which will include any capital gains and dividends, on or about July 8, 2025. For those shareholders with taxable accounts and for Federal, state and local income tax purposes: (a) any liquidation proceeds paid to such shareholder should generally be treated as received by such shareholder in exchange for the shareholder's shares and the shareholder will therefore generally recognize a taxable gain or loss; and (b) in connection with the liquidation, the Fund may declare taxable distributions of its income and/or capital gain. Shareholders should consult their tax advisers regarding the effect of the Fund's liquidation in light of their individual circumstances. About Franklin Templeton Franklin Resources, Inc. (NYSE: BEN) is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the Company offers specialization on a global scale, bringing extensive capabilities in equity, fixed income, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.53 trillion in AUM as of April 30, 2025. The Company posts information that may be significant for investors in the Investor Relations and News Center sections of its website, and encourages investors to consult those sections regularly. For more information, please visit Franklin Distributors, LLC. Member FINRA/SIPC.
Yahoo
22-05-2025
- Business
- Yahoo
JPMorgan Chase Financial Company LLC Declares Quarterly Coupon on Alerian MLP Index ETN
NEW YORK, May 22, 2025--(BUSINESS WIRE)--JPMorgan Chase Financial Company LLC announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSE Arca: AMJB). The table below summarizes the coupon amount for the Alerian MLP Index ETN due January 28, 2044 (the "Notes"). NYSE Arca Ticker Registered Issue Name Declaration Date Ex-Date Record Date Payment Date Coupon Amount1 per Note Current Yield2 AMJB Alerian MLP Index ETN May 22, 2025 May 29, 2025 May 29, 2025 June 6, 2025 $0.4836 6.3% 1) As defined in the pricing supplement, dated May 14, 2024 for the Notes. You may access this pricing supplement as follows: 2) "Current Yield" equals the current Coupon Amount annualized and divided by the closing price of the Notes on May 20, 2025 and rounded to one decimal place for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the Notes. The Notes are senior, unsecured obligations of JPMorgan Chase Financial Company LLC, the payment of which is fully and unconditionally guaranteed by JPMorgan Chase & Co. About JPMorgan Chase & Co. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorgan Chase had $4.4 trillion in assets and $351 billion in stockholders' equity as of March 31, 2025. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at Investment suitability must be determined individually for each investor, and the Notes may not be suitable for all investors. This information is not intended to provide and should not be relied upon as providing accounting, legal, regulatory or tax advice. Investors should consult with their own advisors as to these matters. JPMorgan Chase & Co. and JPMorgan Chase Financial Company LLC have filed a registration statement (including a prospectus) with the SEC for any offerings to which these materials relate. Before you invest, you should read the prospectus in that registration statement and the other documents relating to any offerings to which these materials relate that JPMorgan Chase & Co. and JPMorgan Chase Financial Company LLC have filed with the SEC for more complete information about JPMorgan Chase & Co., JPMorgan Chase Financial Company LLC and any offering to which these materials relate. You may get these documents without cost by visiting EDGAR on the SEC Web site at Alternatively, JPMorgan Chase & Co., JPMorgan Chase Financial Company LLC or any agent or any dealer participating in the any offerings to which these materials relate will arrange to send you the prospectus and each prospectus supplement as well as any product supplement, underlying supplement and preliminary pricing supplement if you so request by calling toll-free 1-800-576-3529. View source version on Contacts Questions? Contact: JPMorgan Alerian ETN team, 1-800-576-3529 alerian_etn@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
