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Pride Month Meets Wall Street as New LGBTQ ETF Hits the Market

ETF Edge: Tom Lydon Talks the First LGBTQ ETF, LGBT

Procure Holdings LLC forms Advancing Equality Inc to develop Diversity and Inclusion Indexes

Procure Holdings LLC forms Advancing Equality Inc to develop Diversity and Inclusion Indexes LEVITTOWN, PA / ACCESSWIRE / February 23, 2021 / Procure Holdings ( Procure ) has established Advancing Equality Inc ( AEI ) to develop Diversity and Inclusion Indexes ( D&I indexes ) using trademarks, copyrights, trade secrets, and intellectual property ( IP ). Procure, and its affiliated partner, Tull s Alpha Global Consultancy LLC ( TAG ), will apply proprietary IP to develop and distribute D&I Indexes using Diversity, Equality, and Inclusion ( DEQI ) scores. The DEQI scores will provide investors with an independent source of data that rates companies within the D&I Indexes. The final D&I equity selections will use an ESG overlay process to select companies that are ESG and D&I qualified. AEI will seek to license their indexes for listed and OTC ETP products.

Looking Back at the First Year of New SEC-Approved Structures Within the Active ETF Space

December 24, 2020 After nearly a decade of back and forth with the Securities and Exchange Commission, active exchange-traded funds arrived with the ability to shield their portfolio holdings. About 15 funds debuted this year from mutual fund families T. Rowe Price, Fidelity, and American Century, and from ETF developers Blue Tractor and Precidian. Some of the new ETFs replicate popular mutual funds. New ETFs include T. Rowe’s Blue Chip Growth ETF (TCHP), Dividend Growth ETF (TDVG), Equity Income ETF (TEQI) and Growth Stock ETF (TGRW), Fidelity’s Blue Chip Growth ETF (FBCV), Fidelity Blue Chip Value ETF (FBCG) and American Century Focused Dynamic Growth ETF (FDG).

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