Vident Financial Rang the NYSE Opening Bell to Celebrate Successful Launch of its U.S. Diversified Real Estate Fund (PPTY)
Range Cancer Therapeutics ETF (CNCR)
US:NASDAQ Investor Relations:
loncarfunds.com
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Source: Business Wire
Firm will also mark its fifth anniversary on August 23rd ATLANTA--(BUSINESS WIRE)-- Vident Financial, LLC rang the Opening Bell at the NYSE this morning to celebrate the successful launch of their U.S. Diversified Real Estate Fund (NYSE Arca: PPTY). A real estate-focused ETF, PPTY is a rules-based, multi-factor alternative to traditional market cap-weighted funds. PPTY seeks to track, before fees and expenses, the performance of the U.S. Diversified Real Estate Index. “Location, property type, leverage, and governance matter when investing in real estate,” said Fred Stoops, Head of Real Estate at Vident Financial. “These factors aren’t just common sense. They’re crucial to real estate, but ignored by cap-weighted funds.” PPTY’s portfolio is constructed based on the actual properties owned by each company in its investment universe. This unique, real estate-centric approach al
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