FYI: On Friday, Prudential’s PGIM arm launched two actively managed ETFs that use a factor-based approach to outperform the growth and value segments of the Russell 200 Index.
The PGIM QMA Strategic Alpha Small-Cap Growth ETF (PQSG) and the PGIM QMA Strategic Alpha Small-Cap Value ETF (PQSV) use factors like value, quality and volatility to determine if a stock is attractive.
PQSG and PQSV both charge expense ratios of 0.29% and list on the NYSE Arca.
Regards,
Ted
https://www.etf.com/sections/daily-etf-watch/prudential-adds-2-equity-etfs