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This Firm’s Seed Capital Grows ETFs: (AIEQ) - (Boon)

TedTed
in The Bullpen
FYI: No ETF can come to market without seed capital, but finding that money is increasingly difficult in a market faced with fewer and fewer players willing to pony-up capital. Dallas-based Esposito Securities has found a niche in the business of seeding and supporting new ETFs. Among the company’s most recent seeds are funds like the AI Powered Equity ETF (AIEQ) and the NYSE Pickens Oil Response ETF (BOON). Mark Esposito, founder and CEO of Esposito Securities, offers a look at what the business of supporting new ETFs looks like today.
Regards,
Ted
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