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-0.00637450199203188 -0.00637450199203188 -0.00637450199203188 -0.00637450199203188 -0.00637450199203188 -0.00637450199203188 0.0240637450199203 0.0205737051792829
Stock impact report

Defiance Announces Fund Closure

Loncar China BioPharma ETF (CHNA) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Defiance ETFs announced today that the Board of Trustees of ETF Series Solutions (the “Trust”) has determined to close and liquidate the Defiance Next Gen Food & Agriculture ETF (NYSE Arca: DIET) (the “Fund”) effective immediately after the close of business on May 22, 2020. Defiance ETFs recommended the liquidation and closure of the Fund after consideration of the Fund’s prospects for growth, among other factors.The Fund’s last day of trading will be May 21, 2020, which will also be the final day for creation unit orders by authorized participants. The Fund will begin liquidating its portfolio assets on or about May 1, 2020, which will cause the Fund to increase its cash holdings and deviate from the investment objective and strategies stated in the Fund’s prospectus. The Fund will conclude operations and distribute the remaining proceeds to shareholders promptly after May 22, 2020. Shareholders who do not sell their Fund shares by this date will have Show less Read more
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