ETF Managers Group (ETFMG) Announces Closure of ETF

ETF Managers Group (ETFMG) has announced the closure of the ETFMG 2x Daily Travel Tech ETF (AWYX) due to an ongoing review of market demand. As a result, AWYX will increase its cash holdings and cease accepting creation orders, effective immediately. The fund will also no longer implement its principal investment strategy.

ETF Newz Says:

ETFMG is a provider of exchange-traded funds (ETFs), founded in 2014 with a vision of developing innovative thematic ETFs that provide investors unique exposure to new markets.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE
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