The founder of Exponential ETFs, Phil Bak has just been appointed as the new CEO of Armada ETFs. Bak sold Exponential ETFs back in 2020 but has been a board member of Armada ETFs since late 2021 and is known for his atNav technology which was created to improve ETF liquidity.
ETF Newz Says:
Armada ETFs launched the Home Appreciation U.S. REIT ETF (HAUS) earlier this year but with Bak as CEO he stated he would like to switch to more active ETFs.
