RBB Fund Complex facilitates launch of SGI Enhanced NASDAQ-100® ETF (QXQ) [Yahoo! Finance]
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Source: Yahoo! Finance
NEW YORK, June 27, 2024 BUSINESS WIRE )--The RBB Fund Complex ("RBB"), a pioneer of the independent series trust, is pleased to announce the launch of the SGI Enhanced NASDAQ-100 ® ETF (NASDAQ: QXQ)*, a new series of RBB advised by Summit Global Investments, LLC ("SGI"). SGI is a $2 billion boutique investment advisor located in Bountiful, UT. QXQ marks the third ETF launched in RBB as a part of SGI's "X-Series", a suite of ETFs designed to generate current income around specific asset exposures. The other two ETFs in the X-Series, the SGI Enhanced Global Income ETF (NASDAQ: GINX) and the SGI Enhanced Core ETF (NASDAQ: USDX), were each launched earlier this year, and collectively comprise over $150 million. "We very much enjoy working with Summit Global, helping them navigate and transition into the ETF space over the last year," said Steven Plump, President of RBB. "Becoming a leader within the ETF market has been a focus of ours, which has fueled our growth, reducing expenses f
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