Purpose Investments files preliminary prospectus for eight new yield-focused single-stock ETFs, including major companies.

From GlobeNewswire: 2025-01-26 10:26:00

Purpose Investments Inc. has filed a preliminary prospectus for eight new yield-focused single-stock ETFs, including Costco, Palantir, UnitedHealth, JPMorgan, Coinbase, Netflix, Broadcom, and Tech Innovators. Each ETF aims to provide long-term capital appreciation through purchasing and holding common stock of an underlying company and generating distributions through options trading. The Tech Innovators ETF specifically focuses on leading global technology and innovation-driven companies. Purpose Investments manages over $23 billion in assets and prioritizes client-centric innovation. Investors should review the preliminary prospectus before investing in the new ETFs.



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