Nasdaq Lists The AlphaMark Actively Managed Small Cap ETF
April 21 2015 - 8:30AM
Nasdaq announced that US Bancorp will list a new exchange-traded
fund (ETF), The AlphaMark Actively Managed Small Cap ETF (Symbol:
SMCP), which will begin trading on The Nasdaq Stock Market today,
April 21, 2015.
"The AlphaMark Small Cap ETF will provide actively managed small
cap exposure driven by high quality earnings momentum at a
reasonable price to cash flow while utilizing an alpha preservation
strategy," said Michael Simon, Founder and CIO of AlphaMark
Advisors, LLC.
SMCP is designed to invest in U.S.-listed securities, including
American depositary receipts, which are less than $5 billion in
market capitalization. AlphaMark will take a "bottom up" approach
to target stocks exhibiting consistent growth, earnings and cash
flow to arrive at a portfolio of 25-40 stocks based on earnings
momentum, cash flows relative to capital spending, and reviews of
financial statements, enterprise value and management.
The fund will use an indexing strategy during periods when the
managers believe that the stocks targeted via their analysis are
unlikely to outperform the small-cap segment of the U.S. market.
SMCP can exit positions if there are material changes in the
company or in the industry the company operates in, or a drop-off
in earnings momentum. There are no other actively managed ETFs
specifically targeting the small-cap growth space, and the largest
index-based fund in the space, the iShares Russell 2000 Growth ETF
(IWO | A-84), has $6.8 billion in assets under management. The
average market capitalization of its components is $2.2 billion,
just above the upper end of the range targeted by the planned
AlphaMark ETF.
"We are pleased to launch SMCP with our partners at AlphaMark
and we appreciate their confidence in choosing the Nasdaq
marketplace to list and trade ETFs," said Jeff McCarthy, Vice
President, Head of ETP Listings at Nasdaq. "We believe AlphaMark
will benefit from increased product exposure and access to one of
the single largest pools of liquidity."
Nasdaq operates an efficient platform for successfully
introducing a product suite into one of the single largest pools of
liquidity, including market participants which represent a full
spectrum of investors. ETF issuers benefit from an end-to-end
solution that provides ongoing product support including index
licensing, listings opportunities, data offerings and trading
services. As the home to some of the world's most innovative
ventures, Nasdaq generates opportunities for issuers to access new
markets and deliver new concepts that change the way the industry
develops, manages and applies ETFs.
AlphaMark Advisors, LLC:
AlphaMark Advisors is a Registered Investment Advisor founded in
1999 caring for over $325 million in assets under
management. AlphaMark Advisors provides unparalleled
investment counsel to institutions, mutual funds, trusts, pensions
and high net worth individuals. The firm's investment
philosophy is grounded by an appreciation of risk while investing
in large cap and small cap high quality companies exhibiting
earnings momentum yet trading at a reasonable price to cash flow
valuation.
US Bancorp Partners:
U.S. Bancorp (NYSE:USB) with $403 billion in assets as of
December 31, 2014, is the parent company of U.S. Bank National
Association, the fifth largest commercial bank in the United
States. The company operates 3,176 banking offices in 25 states and
5,022 ATMs and provides a comprehensive line of banking, brokerage,
insurance, investment, mortgage, trust and payment services
products to consumers, businesses and institutions. Visit U.S.
Bancorp on the web at usbank.com.
About Nasdaq:
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing,
exchange technology, listing, information and public company
services across six continents. Through its diverse portfolio of
solutions, Nasdaq enables customers to plan, optimize and execute
their business vision with confidence, using proven technologies
that provide transparency and insight for navigating today's global
capital markets. As the creator of the world's first
electronic stock market, its technology powers more than 70
marketplaces in 50 countries, and 1 in 10 of the world's securities
transactions. Nasdaq is home to more than 3,500 listed companies
with a market value of approximately $9.5 trillion and more than
10,000 corporate clients. To learn more, visit: nasdaq.com/ambition
or business.nasdaq.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements
that are made under the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995. These statements include,
but are not limited to, statements about Nasdaq and its products
and offerings. We caution that these statements are not guarantees
of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements.
Forward-looking statements involve a number of risks, uncertainties
or other factors beyond Nasdaq's control. These factors include,
but are not limited to factors detailed in Nasdaq's annual report
on Form 10-K, and periodic reports filed with the U.S. Securities
and Exchange Commission. We undertake no obligation to release any
revisions to any forward-looking statements.
Nothing contained herein should be construed as investment
advice from Nasdaq, either on behalf of a particular financial
product or an overall investment strategy. Nasdaq makes no
recommendation to buy or sell any financial product or any
representation about the financial condition of any company or
fund. Investors should undertake their own due diligence and
carefully evaluate financial products before investing. ADVICE FROM
A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
NDAQG
CONTACT: AlphaMark Advisors Media Contact:
Christian A. Lucas
(859) 957-1803
clucas@alphamarkadvisors.com
Nasdaq Media Contact:
Alexa Sugrue
+1 (212) 231-5552 (office)
+1 (646) 577-3157 (mobile)
Alexa.Sugrue@nasdaq.com
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