Esposito Securities Provides Initial Seed Capital for Successful Launch of the Aptus Defined Risk ETF (DRSK)
15 Agosto 2018 - 10:30AM
Business Wire
Fund follows Aptus Defined Risk Index
Esposito Securities, LLC (“Esposito”), a leading provider of ETF
seed capital and other key services to both the asset management
industry and institutional investors, is celebrating this month’s
successful launch of the Aptus Defined Risk ETF (NYSE:DRSK), for
which Esposito provided initial seed capital.
DRSK launched on August 8, 2018, and traded 228,176 shares on
its first day. It has since continued to see strong volume, trading
on average more than 329,374 shares.
“With DRSK, Aptus ETFs is continuing their mission to bring new
and improved ETFs to market,” said Mark Esposito, CEO of Esposito
Securities, LLC. “This is another great example of the kind of
creativity that continues to drive ETF industry growth and we are
excited about the opportunity to continue to work with Aptus over
the long term. The team at Aptus is a group of professionals we are
very fond of.”
“Our ultimate objective is to enhance outcomes through
innovative offerings. The Aptus Defined Risk ETF was built to solve
dampened return expectations and duration risk in the fixed income
space. We are providing a different perspective for fixed income
allocation and are excited for advisors to kick the tires as to why
that is. So far, the demand has been exciting,” said JD Gardner,
Founder and Managing Member, Aptus Capital Advisors.
Esposito Securities has played a major role in helping its ETF
sponsor clients prosper during the recent, unprecedented growth in
the ETF industry. Throughout its 10-year history in ETFs, Esposito
has assisted funds in seeding, the creation and redemption of ETF
shares, and executing trades in the underlying securities.
Esposito offers custom and standard basket trading for ETFs as
well as seed capital, rebalance work-up and assistance, and
superior execution with the option of Post Trade and Best Execution
analytical reporting for all funds. Esposito also trades all listed
equity and index options.
“Through our best-in-class technology, operations and trading
services, we’ve helped numerous ETF sponsors come to market and
grow their footprints. At the same time, we’ve helped investors of
all types and sizes find opportunities and express their investment
ideas,” added Esposito. “We’re always developing new ways to
deliver value to both the fund sponsor and investor
communities.”
About Esposito Securities
LLC
Our broker/dealer (http://www.espositosecurities.com) is a
financial firm trading various types of securities for
institutions. Committed to excellence, we contend with some of the
world’s largest securities firms, but when you trade with Esposito,
you are not just another number, you are part of the family. Our
approach is personal, intelligent, and thorough. We tailor our
dynamic platform to the specific needs of our clients.
The cornerstone of our success is a unique blend of advanced
trading technologies and extensive human networks which we combine
to provide our clients with premium, high-touch execution
services.
About Aptus Capital
Advisors
Aptus is an innovative investment manager located in Fairhope,
Alabama focused on behavioral finance. There is a gap between what
the market gives and what the typical investor gets. Our aim is to
minimize that gap. We deliver an investing experience that’s
rules-based, risk-managed, and designed for long term success.
Equity trading and ETF services are offered through Esposito
Securities LLC, a broker-dealer, member FINRA/SIPC, The information
contained within is not a solicitation or an offer to buy or sell
any securities.
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version on businesswire.com: https://www.businesswire.com/news/home/20180815005183/en/
MacMillan CommunicationsChris Sullivan / Rosa Sobrino,
212-473-4442chris@macmillancom.com
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