AdvisorShares Vice ETF to Transfer Listing to NYSE Arca, Change Ticker to VICE
BETHESDA, MD — October 13, 2020 —
AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), today announced plans to transfer the listing of the AdvisorShares Vice ETF (Ticker: ACT) from NASDAQ to NYSE Arca effective on or about November 1, 2020. The Fund’s ticker symbol will change from ACT to VICE with the transfer listing. Shareholders in this fund will not be required to take any action as a result of this change.
“We look forward to bringing the AdvisorShares Vice ETF to NYSE Arca where most of our actively managed ETFs are listed,” said Dan Ahrens, chief operating officer of AdvisorShares and portfolio manager of the Vice ETF. “We also looking forward to introducing an investment strategy change to this fund which will allow us to invest in companies related to gaming activities, including casinos, sports betting, video games and esports. We believe combining gaming with alcohol and tobacco creates a compelling and resilient Vice investment theme. Individuals take pleasure in these types of activities during both good times and bad times, and 2020 is no different.”
Investors seeking cannabis investment exposure can invest in the AdvisorShares Pure Cannabis ETF (Ticker: YOLO) and the AdvisorShares Pure US Cannabis ETF (Ticker: MSOS), which are both listed on NYSE Arca.
About AdvisorShares AdvisorShares is a leading provider of actively managed ETFs. For financial professionals and investors requesting more information, call 1-877-843-3831 or visit www.advisorshares.com. Follow @AdvisorShares on Twitter and Facebook for more insights.