UTRN seeks to take advantage of a trading anomaly called short-term reversal. It utilizes a proprietary methodology — Chow ratio — which identifies firms that are about to see a weekly rebound.
A common refrain during the course of the current bull market in domestic equities is “buy the dip" — and a new exchange traded fund aims to do just that.
Vesper Capital Management has made its ETF debut for those interested in a short-term contrarian play with a new dynamic strategy that re-evaluates its portfolio on a weekly basis.
Today a newcomer to the ETF industry launched the first ETF to implement a short-term reversal investment strategy.
A new exchange-traded fund that launched Friday seeks to systematically cash in on the “buy on the dip” mentality by targeting companies deemed most likely to rebound after a sudden downturn.
UTRN, The Vesper U.S. Large Cap Short-Term Reversal Strategy ETF is an innovative new fund that gives investors exposure to a select group of stocks within the S&P 500 that have the potential to benefit from a unique trading anomaly, short-term reversal.
This information is not meant to be investment advice
Exchange Traded Concepts, LLC serves as the investment advisor. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates. Check the background of SIDCO on FINRA’s BrokerCheck.