New ProShares ETF Targets Firms Buying Back Shares
The ETF landscape is ever changing, and has grown massively since the ETF rule arrived in 2019. It was the game-changer that streamlined the launch process for new funds, thus allowing asset managers to offer new and innovative strategies in the wrapper. ProShares is the latest firm to add to the ETF ecosystem, building on its existing suite of strategies offering income, dividends, and options-based strategies. The newly launched BUYB, is a unique fund that targets firms frequently engaging in stock buybacks.
Source: https://etfdb.com/market-insights-content-hub/target-firms-buying-back-shares-with-new-proshares-etf/
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