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Security Profile
- Security Type
- Index ETF
- CUSIP
- 30151E707
- Market Cap
- Micro Cap · $2 Million
- IPO
- 12/9/2016
- Previous Symbol
- WEAR (changed 7/9/2018)
- Previous Name
- Wear ETF
Fund Description: The Wear ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Exchange Listed Funds Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The ETF seeks to provide investment returns that closely correspond to the price and yield performance of the EQM Tactile AR/VR Virtual Technology Index, formerly EQM Wearables Index. INDEX DESCRIPTION: The EQM Tactile AR/VR Virtual Technology Index is designed to measure the performance of companies listed on public stock exchanges globally that are expected to benefit from the increased adoption of augmented reality and virtual reality (AR/VR) technologies. Companies included in the index can be found along the entire AR/VR supply chain. This includes, but is not limited to, companies that manufacture electronic components used to construct AR/VR hardware, companies that develop the software that utilize the hardware, companies that develop content for use on AR/VR hardware, and companies that manage content distribution platforms or deploy AR/VR hardware/software as part of a customer solution or offering. FUND STRATEGY: The Fund will normally invest at least 80% of its total assets in securities of the Index. The Fund employs a passive management investment strategy designed to track the performance of the Index. The Fund generally will use a replication methodology, meaning it will invest in all of the securities comprising the Index in proportion to the weightings in the Index. However, the Fund may utilize a sampling methodology under various circumstances where it may not be possible or practicable to purchase all of the securities in the Index. The Fund may invest up to 20% of its assets in investments that are not included in the Index. Such investments include cash, cash equivalents, and money market instruments. FUND MANAGEMENT: Exchange Traded Concepts, LLC serves as the investment adviser to the Fund. Vident Investment Advisory, LLC serves as the sub-adviser to the Fund.
Company Contact
- Headquarters
- 10900 Hefner Pointe Drive, Suite 207, Oklahoma City, OK 73120
- Phone
- 405-778-8377
- Investor Relations
- 405-778-8377