DALLAS--(BUSINESS WIRE)--Esposito Securities, LLC (“Esposito”), a leading provider of ETF seed capital and other key services to both the asset management industry and institutional investors, is celebrating the recent successful launch of the Pacer Benchmark Industrial Real Estate Securities ETF (NYSE:INDS), for which Esposito provided initial seed capital.
INDS launched on May 15, 2018, and traded 104,237 shares on its first day. Since going live, the fund has continued to see strong volume, averaging more than 14,000 shares traded per day.
“We greatly appreciate having worked on the successful launch of the INDS ETF, and we congratulate the team at Pacer and Benchmark,” said Mark Esposito, CEO of Esposito Securities, LLC. “We are excited about the opportunity to work with them over the long term.”
The team at Esposito has played a major role in helping its ETF sponsor clients prosper during the recent, unprecedented growth in the ETF industry. Throughout its 10-year history in ETFs, Esposito has assisted funds in seeding, the creation and redemption of ETF shares, and executing trades in the underlying securities. Esposito offers custom and standard basket trading for ETFs as well as seed capital, rebalance work-up and assistance, and superior execution with the option of Post Trade and Best Execution analytical reporting for all funds. Esposito also trades all listed equity and index options.
“From its inception, Esposito Securities has offered value-added products and services which assist in driving ETF growth. As ETFs have evolved into a larger and separately identifiable asset class, we have proactively offered services that add value via technology, operations and trading. Fund managers and traders actively engage Esposito for new solutions daily,” added Esposito. “We’re always thinking about our lineup of products and services, and looking at ways we can continue to deliver value and solutions to our clients and the investor community.”
About Esposito Securities LLC
Our broker/dealer (http://www.espositosecurities.com) is a financial firm trading various types of securities for institutions. Committed to excellence, we contend with some of the world’s largest securities firms, but when you trade with Esposito, you are not just another number, you are part of the family. Our approach is personal, intelligent, and thorough. We tailor our dynamic platform to the specific needs of our clients.
The cornerstone of our success is a unique blend of advanced trading technologies and extensive human networks which we combine to provide our clients with premium, high-touch execution services.
Equity trading and ETF services are offered through Esposito Securities LLC, a broker-dealer, member FINRA/SIPC, The information contained within is not a solicitation or an offer to buy or sell any securities.
An investment in the Fund is subject to investment risk, including the possible loss of principal. Before investing you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus. A copy may be obtained by visiting www.paceretfs.com or calling 1-877-337-0500. Please read the prospectus carefully before investing.