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Amplify ETFs Launches New Fund that Invests in the 'MVPS'


Amplify ETFs Launches New Fund that Invests in the ‘MVPS’
Amplify Thematic All-Stars ETF (MVPS),
MVPS is a thematic ETF that seeks to capture the top thematic investments within ETFs all in one place, making it a one-stop-shop for investors looking for the best-in-class performers across given themes. 
MVPS tracks the ETF All-Stars Thematic Composite Index, created and run by ETF Action, a research and technology firm. The benchmark seeks to identify “consensus” stocks within a set of themes, based on stocks’ prevalence of inclusion among U.S.-based thematic ETFs and the total market value invested in them.
“The proliferation of thematic ETFs has left investors with a series of questions,” said Christian Magoon, CEO of Amplify ETFs in the press release. “Which themes should I own? How much should I allocate to each theme? How do I focus on consensus, pure play stocks representing a theme? When should I rebalance my exposure? MVPS helps address thes ....

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CNBS Cannabis ETF Announces Ability to Access MSOs via Swaps


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
CNBS Cannabis ETF Announces Ability to Access MSOs via Swaps
Amplify ETFsApril 20, 2021 GMT
CHICAGO, April 20, 2021 (GLOBE NEWSWIRE) Amplify ETFs is pleased to announce the Amplify Seymour Cannabis ETF (NYSE: CNBS) now has the ability to access Multi-State Operators (MSOs) via swaps. The ETF recently completed both legal and operational work in order to add portfolio exposure to this group of companies.
“We are excited to now have access to the full plant-touching U.S. cannabis investable universe in the CNBS portfolio at a time when we believe the U.S. market is poised for significant growth,” said Tim Seymour, Portfolio Manager for CNBS. ....

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