AdvisorShares, TrimTabs To Float ETF

AdvisorShares Investments has signed an agreement with a unit of TrimTabs Investment Research.

AdvisorShares Investments has signed an agreement with a unit of TrimTabs Investment Research. The U.S. ETF provider will partner with TrimTabs Asset Management to build an actively managed ETF, which will use TrimTabs’ liquidity-based investment strategy.

The new vehicle will sit along side AdvisorShares’ range of actively managed ETFs. AdvisorShares’ active ETFs include the AdvisorShares Dent Tactical ETF, the AdvisorShares Mars Hill Global Relative Value ETF, the AdvisorShares WCM/BNY Mellon Focused Growth ADR ETF, the AdvisorShares Cambria Global Tactical ETF and the AdvisorShares Peritus High Yield ETF.

Click here for the release from Market Wire.