Stock Quote

ETFMG Announces Distributions Paid to Shareholders

Today ETF Managers Group (ETFMG) paid distributions to shareholders of record on June 20, 2018 for the following exchange-traded funds:

Fund Name Ticker Cash Distribution Per Share
ETFMG Drone Economy Strategy ETF IFLY $ 0.0900
ETFMG Video Game Tech ETF GAMR $ 0.3800
AI Powered Equity ETF AIEQ $ 0.0400
Etho Climate Leadership U.S. ETF ETHO $ 0.0800
ETFMG Alternative Harvest ETF MJ $ 0.0700

Sam Masucci, CEO of ETFMG, said, “GAMR’s significant distribution of $0.38 per share is primarily the result of a special dividend paid by one of the portfolio companies, Changyou.com Limited, which accounted for $0.27 of the $0.38 distribution. The ETFMG Alternative Harvest ETF – ticker MJ – the first U.S. listed ETF to offer concentrated exposure to marijuana-related companies, distributed $0.07 per share.”

All the distributions were paid as ordinary income.

About ETFMG

ETFMG is a provider of exchange-traded funds (ETFs) helping investors conveniently access global thematic investments, commodity and futures exposures, and other unique strategies spanning ESG to artificial intelligence. We partner with asset managers and index providers that look thoroughly at the challenges and opportunities in the market. For more information, please visit www.etfmg.com.

Carefully consider the Funds’ investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Funds’ prospectus, which may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477), or by visiting www.etfmg.com/funds. Read the prospectus carefully before investing.

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Narrowly focused investments typically exhibit higher volatility.

As of 6/21/18, Changyou.com Limited’s weight in GAMR was 2.19%.

The Funds are distributed by ETFMG Financial LLC.

Contacts:

Zito Partners
Deborah Kostroun, 201-403-8185
Deborah@zitopartners.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.