ETF Managers Group Announces Closures Of 2 ETFs
ETF Managers Group LLC (“ETFMG”) today announced that the Board of Trustees of the ETF Managers Trust has decided to close the PureFunds ISE Big Data ETF (BIGD) and the PureFunds Solactive FinTech ETF (FINQ) based on an ongoing review of market demand. Effective immediately, BIGD and FINQ will increase their cash holdings in contemplation of liquidation and will no longer accept creation orders.