Can you imagine heading up a household with a wife and a couple kids...trying to put food on the table, raising your kids in safe neighborhood with decent schools..price of everything from groceries, insurance, mortgages going thru the roof due to the Biden/Harris policies, layoffs going on at work...and here comes Krugman and Biden/Harris and other smug elites telling you everything is great, never mind your lying eyes...sheet...Biden/Harris telling you the job market is great..never mind it is all DEI govt hires and Uber drivers...
And here is comrade Harris picking arguably the biggest communist fruit she could have picked for a VP...and trying to tell you she is more of a centrist...ya right....never telling you her views and wanting you to believe she has changed...how stupid did they think Americans are?
And ya, let's hand out more monies/freebies...$25k for a house, more student debt cancellation, give black men monies to start a cannabis shop..like they aren't smart enough to start another type of business ..lawfare...suppression of free speech and expression...did you see how Google tried to suppress the Joe Rogan/Trump Interview...oy vey so obvious...Biden/Harris trying to enforce a mandatory experimental jab on everyone..taxing unrealized capital gains...are you shitting me? On and on.
Trump not only smoked Harris, he beat the uber liberal university prof's brainwashing our children, the media, the likes of the NY Times, Google, etc...except for Twitter X, thank god for Elon...he beat all the musicians...actors...
Biden/Harris has left this country in rough shape...and world in rough shape...Trump and his excellent team has their work cut out for them.
I'll sum up like when I picked up my car at the garage yesterday evening...the mechanics and the shop owner were winding up their day...and a clip of Harris came on...one of the mechanics said out loud afterwards..."Get the FUCK out of my White House and take the Marshmallow with you..as quickly as possible."

https://www.sec.gov/Archives/edgar/data/1683471/000089418924006631/roundhillluxxlngg497eliqui.htm
497 1 roundhillluxxlngg497eliqui.htm 497 ROUNDHILL LUXX & LNGG SUPPLEMENT
Filed pursuant to Rule 497(e)
Registration Nos. 333-215588; 811-23226
Supplement dated November 6, 2024
to the
Roundhill S&P Global Luxury ETF (LUXX)
Roundhill Alerian LNG ETF (LNGG)
Summary Prospectus, Prospectus, and Statement of Additional Information,
each dated April 30, 2024, as supplemented
each, a series of Listed Funds Trust
After careful consideration, and at the recommendation of Roundhill Financial Inc., the investment adviser to the Roundhill S&P Global Luxury ETF and the Roundhill Alerian LNG ETF (each, a “Fund,” and collectively, the “Funds”), the Board of Trustees of Listed Funds Trust approved the closing and subsequent liquidation of the Funds pursuant to the terms of a Plan of Liquidation. Accordingly, the Funds are expected to cease operations, liquidate their assets, and distribute the liquidation proceeds to shareholders of record on or about November 29, 2024 (the “Liquidation Date”). Shares of the Funds are listed on the NYSE Arca, Inc.
Beginning on or about November 6, 2024 and continuing through the Liquidation Date, the Funds will liquidate their portfolio assets. As a result, during this period, the Funds will increase their cash holdings and deviate from their investment objectives, investment strategies, and investment policies as stated in the Funds’ Prospectuses and SAI.
The Funds will no longer accept orders for new creation units after the close of business on the business day prior to the Liquidation Date (November 27, 2024), and trading in shares of the Funds will be halted prior to market open on the Liquidation Date. Prior to the Liquidation Date, shareholders may only be able to sell their shares to certain broker-dealers, and there is no assurance that there will be a market for the Funds’ shares during that time period. Customary brokerage charges may apply to such transactions.
If no action is taken by a Fund shareholder prior to the Liquidation Date, each Fund will distribute to such shareholder, on or promptly after the Liquidation Date, a liquidating cash distribution equal to the net asset value of the shareholder’s applicable Fund shares as of the close of business on the Liquidation Date. This amount will include any accrued capital gains and dividends. Shareholders remaining in the Funds on the Liquidation Date will not be charged any transaction fees by the Funds. The liquidating cash distribution to shareholders will be treated as payment in exchange for their shares. The liquidation of your shares may be treated as a taxable event. Shareholders should contact their tax adviser to discuss the income tax consequences of the liquidation.
Shareholders can call (800) 617-0004 for additional information.
Please retain this supplement with your Summary Prospectus, Prospectus, and
Statement of Additional Information for future reference.

Hope nobody’s shorting this stock today…..

None in this forum. It would be interesting to see how the stock trades going forward, given so many took their gains in the last four days.
Hanging on to a few Trump trades did not feel great the last few days. Can not wait to see how they would open tomorrow - I am sure I do not enough.

DJT performance today is underwhelming, up 6%. Many Trump trades were up many times that. So, those that took gains in the last few days were right to do so. If you shorted this sucker when it was trading in 50s, you did fine to close today.

Hope nobody’s shorting this stock today…..

None in this forum. It would be interesting to see how the stock trades going forward, given so many took their gains in the last four days.
Hanging on to a few Trump trades did not feel great the last few days. Can not wait to see how they would open tomorrow - I am sure I do not enough.

Wage increase of +38% over 4 years means +8.385% annualized.
$12K ratification bonus for 33K machinists means $396 million.
Boeing raised $23.5 billion in stock and convertible preferreds to shore up its finances - amounts reported vary ($21.1-24.3 billion) because of several elements such as stock, preferred, line of credits, additional allotment to be sold. The underwriters got $300 million.
https://finance.yahoo.com/news/boeing-raises-21-billion-capital-051740350.html
https://theedgemalaysia.com/node/732514
https://www.reuters.com/business/aerospace-defense/boeing-launches-offering-90-mln-common-shares-5-bln-depositary-shares-2024-10-28/

@BaluBalu, FWIW, I really like the Capital Group ETFs, particularly CGDV for LCV. Not sure what 'quality factor' means so I can't say it "overweighs" it.

Thanks Mike. I have near full position in CGDV, with a bit of room but not enough. (Incidentally, its Quality score in M* factor profile is low, though higher than that of GQHPX, the fund that has Quality in its name. I think I may have to rethink my looking Quality in isolation. May be low quality combined with low volatility produces magic!. I always discounted equity volatility in benign credit conditions but may be there is something I am not considering.)

@BaluBalu, FWIW, I really like the Capital Group ETFs, particularly CGDV for LCV. Not sure what 'quality factor' means so I can't say it "overweighs" it.

CPAI is systematic, a diversifier, and defensive. Its aim is capital appreciation. It uses multiple machine models and AI to select the stocks while adjusting to different factors to seek outperformance to the market. It is new to the portfolio. (BTW I sold 60K of MRFOX but still own 20K.)

I own it in six figures. My dilemma is what to replace with and I want to replace it with one ticker. SPY is always too expensive to my eye, though it made money within six months after every time I bought it, and I never sold it. MRFOX is a value fund and so may be I should replace it with a value fund. I would appreciate if anyone knows of a value fund that overweights Quality factor.

CPAI is systematic, a diversifier, and defensive. Its aim is capital appreciation. It uses multiple machine models and AI to select the stocks while adjusting to different factors to seek outperformance to the market. It is new to the portfolio. (BTW I sold 60K of MRFOX but still own 20K.)

Though a bit shorter than usual (six stories instead of seven or eight) because I suspect it will be a bit hard to be heard above the clamor of the election. Just finished reading a story on coping with election anxiety which made good points even if it's a bit hard to chill out.
Devesh, as I note in the publisher's letter, has been called back to active service in the world o' finance. I will miss his voice even though I cheer for his opportunities.
Lynn continues to humble and inspire me with the breadth of his post-retirement vision and engagement. That continues this money with his advice on living paycheck-to-paycheck and his work with a group that helps folks facing that exact challenge.
The unifying theme on the three fund specific pieces might be "a redemption story." AlphaCentric has been mightily troubled, into which CrossingBridge might bring an island of calm and strong performance. David Sherman is very sure that "approach with caution" is good advice for folks interested in AlphaCentric Real Income. His team is working to create a smooth portfolio transition and a valuable tool for you, but both with take time.
Bridgeway is one of those groups whose culture is utterly admirable (from capping executive comp to donating half of their earnings to charity to have the senior people answer the phone when you call) but whose performance is streaky. Back in the days of Brill's MFI we used to have portfolio contests judged on monthly performance. If you wanted to use, toggle Bridgeway Ultra-Small with Bridgeway Ultra-Large and a soupcon of Technology Value was nearly unbeatable. For a long while Aggressive Investor (and not-quite-as Aggressive Investor II) were golden. Then ... In any case, they think they've found a powerful tool in their Intangible Capital Intensity metric, they've been running private money successfully with it and the lead manager built a $15 billion practice at QMA using a similar discipline.
Even Tweedy, Browne has elements of redemption. They're 100 years old now, deeply committed to value and famously authors of What Has Worked in Investing. Except that it hasn't worked quite as it used to which has led Tweedy in the direction of "value in a new century" research. High dividend was one move, insider alignment (along with value) is the next. They rarely take impulsive steps, so I'll be curious to see how things play out.
And The Shadow is chronicling a lot of active ETF from mutual fund guys and fund-to-ETF conversions, signs of a reorienting industry.
Finally, you'll note our podcasting foray. Let me know if there's any gain there, and we can try using the tech on investing-specific articles. In theory it's just "upload and stand back." In practice, it takes five or six sets of revise-and-resubmit to get the "podcast hosts" to catch our meaning and direction. That said, if it works for folks, we'll do it.
Cheers.

T. Rowe Price Capital Appreciation Premium Income ETF
[Investment Objective(s)
The fund seeks to provide regular distributions while aiming for capital preservation with potential for capital appreciation.
Principal Investment Strategies
The fund normally invests in equities and implements a covered call options strategy to achieve its investment objective.]
is a competitor to
JPMorgan Equity Premium Income ETF JEPI, which tends to carry more of a value oriented portfolio.

MOAT has good amount of turnover and I do not recall it ever having a cap gain distribution
The implication being that significant turnover such as that caused by a change in index being tracked does not necessarily result in an ETF recognizing cap gains. It is true that ETFs can handle large periodic portfolio rebalancings (e.g. due to index reconstitution) as described below. But changing indexes is not a periodic, routine event.
If the OEF/ETF structure of VIGI were a cause of the large cap gain distribution in 2021, then would one not expect some cap gains, however small, to have been realized in the other nine years the fund has been around? Further, the probability that the sole year any cap gains were recognized would randomly coincide with the sole year that the index fund was changed is just 10%.
What does turnover even mean for an ETF? Probably not what one thinks. It's certainly not what I would have thought - the value of portfolio shares sold (or bought) divided by the average AUM. Rather, turnover counts only those shares bought or sold for cash.

Turnover rate excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including Vanguard ETF Creation Units.

https://institutional.vanguard.com/investments/product-details/fund/4415
So we may be comparing apples and oranges in saying that MOAT and VIGI turnovers are comparable. Though the real issue is not the turnover rate per se, but the anomalously high rate that VIGI experienced in 2021 (1.5x - 3x its normal rate).
ETFs put a "heartbeat" mechanism in place to handle routine changes in portfolio composition (rebalancings). Even the large quarterly reconstitutions that MOAT has to deal with.
In a "heartbeat" trade, the APs buy the securities that the ETF must discard (due to rebalancing). A couple of days later they sell the new securities that the ETF needs. All done with in-kind trades, using ETF shares as "currency".
The audacity of these maneuvers is so great that Elisabeth Kashner used MOAT as a case study when she coined the term "heartbeat" trades for ETFs in 2017.
https://insight.factset.com/the-heartbeat-of-etf-tax-efficiency
One might ask what's in it for the APs. It turns out that they can make a nice, reliable profit for this service (on the order of 24 basis pts/year). At the (hidden) expense of the shareholders.
https://insight.factset.com/the-heartbeat-of-etf-tax-efficiency-part-three-trade-forensics
One might ask why the SEC lets ETFs get away with this sort of blatant tax manipulation.

Recognizing the potential benefits to ETFs and their shareholders of employing custom baskets, but also being cognizant of the potential for abuses, the SEC now permits virtually unfettered use of custom baskets. However, ETFs using these custom baskets must adopt and implement detailed written procedures that “set forth detailed parameters for the construction and acceptance of custom baskets that are in the best interest of the [ETF] and its shareholders . . . .” These written procedures are internal, non-public documents. Rule 6c-11 also permits ETFs to do heartbeat trades with non-APs on the day of a reorganization, merger, conversion, or liquidation.

Jeffrey M Colon, Unplugging Heartbeat Trades and Reforming the Taxation of ETFs, University of Chicago Business Law Review, Vol 2.1 (2022?), Section VII.
https://businesslawreview.uchicago.edu/print-archive/unplugging-heartbeat-trades-and-reforming-taxation-etfs#heading-6
In short, evidence that OEF/ETF structure causes cap gains is lacking (virtually no gains recognized across decades and scores of funds), ETF turnover isn't what one thinks so use is judiciously, and ETFs work with APs to handle periodic portfolio rebalancings (including reconstitutions).

As with Fidelity, you'll get less than full value from the card if you don't redeem points into a Robinhood account (or spend the points at Robinhood). Not a big deal if you're a Gold member already.
I also tend to discount the value of points earned/redeemed through proprietary travel "portals". I've usually been able to do significantly better with other travel sites. The one exception to worse pricing at "portals" I'm aware of is Capital One. That is because they price match.
On paper at least, the Robinhood credit card looks good. The brokerage, not so good, at least for me since I use mutual funds and Robinhood doesn't. YMMV.
https://robinhood.com/us/en/support/articles/investments-you-can-make-on-robinhood/

If this Bogleheads post is credible, that ETF likely was VIGI / VIAAX.

As an illustration of how well ETFs can avoid capital gains, Vanguard has had only three years in which its diversified stock ETFs distributed a gain.
Vanguard FTSE All-World Ex-US Small-Cap distributed small capital gains in 2009-2010, its first two years. It started near the 2009 market bottom and doubled in its first year, so it didn't have many stocks with losses to sell to meet index changes.
Vanguard International Dividend Achievers Index distributed a 6% capital gain in 2021, when it changed indexes and was thus forced to sell a lot of stock.
Among sector funds, Vanguard Consumer Staples ETF distributed a gain in 2004, its first year, and REIT Index has frequently distributed gains.

https://www.bogleheads.org/forum/viewtopic.php?t=404611
There's always the risk of a portfolio overhaul, whether an actively managed fund has a manager change or an index fund changes target indexes (or worse, its objective). The patented structure of VIGI is immaterial here. Outside of 2021, it has never made a cap gain distribution, long or short.
https://advisors.vanguard.com/investments/products/vigi/vanguard-international-dividend-appreciation-etf#priceanddistributions

"Long term performance between the two [ETF and the mutual fund classes] is very close."
In the spirit of sharing info (division of labor) -
It is not the performance tracking one is concerned about. Any cap gains triggered by either class is allocated to both classes, somewhat defeating the general ETF process that otherwise allows to minimize cap gain triggering.
I had unusual amount of cap gains distributed from my Vanguard patented ETF.

Vanguard’s patent is for index funds only, where the portfolio turnover is low. Long term performance between the two is very close.
Actively managed ETFs are quite different animals and post challenge to replicate the identical stock and bond holdings and their respective %. T. Rowe Price Capital Appreciation Premium Income ETF would be an interesting one to follow.

I may have misread your question (or your intent). I focused on intra-day price because it always bothered me that sites like M*, stockcharts, etc. provide total return figures that depend on assumed reinvestment prices for ETFs and stocks.
You're looking at a broader picture - not just the price on the day of trade, but which day the trade takes place. Fidelity may be a bit unusual in gradually buying shares starting one day before the pay date. The quote below (from a Fidelity moderator) says purchases start two days before pay date, but that was based on T+2.

For the Fidelity Plan, Fidelity will identify all owners of the security. Then, Fidelity Capital Market Services (FCMS) goes to the market for domestic securities to purchase securities for reinvestment two days before the payable date. Fidelity purchases as many shares as possible on a best-efforts basis, determines the average share prices, and then reallocates those shares proportionately to our clients. The reinvestment price is the average price of all shares purchased, which is determined by the market.

https://www.reddit.com/r/fidelityinvestments/comments/13y8iti/just_recently_noticed_that_on_dividend_pay_dates/
One hopes this is advantageous as the long term trend of the market is upward. However, since daily movements are nearly a coin flip, the advantage is not as clear as one might expect.

https://www.financialsamurai.com/average-daily-percent-move-of-the-stock-market/
Lots of posts but nothing authoritative I can find about Schwab's practice. FWIW, the posts typically complain (speculate) that Schwab reinvests divs a day after the pay date.

Think TRP is trying to sell more of their products via the ETFs route. My hesitation is their above average fees they charged comparing to those from Capital/American funds. I understand these are actively managed but this asset class is expanding quickly and TRP needs to be competitive.
A side note, the Capital Appreciation Premium Income has additional investment mandates including the use of derivatives and call option while the Capital Appreciation and Income fund does not. There are also 4 additional co-managers in addition to D. Giroux and F. Shuggi. So I think the ETF may differ.

T. Rowe Price Capital Appreciation Premium Income ETF
T. Rowe Price Hedged Equity ETF
I am guessing from a quick look at the registration doc, these two are potentially clones of the existing mutual funds.