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ERShares NextGen Entrepreneurs ETF - ERSX STOCK NEWS

Welcome to our dedicated page for ERShares NextGen Entrepreneurs ETF news (Ticker: ERSX), a resource for investors and traders seeking the latest updates and insights on ERShares NextGen Entrepreneurs ETF stock.

The ERShares NextGen Entrepreneurs ETF (symbol: ERSX) is a prominent exchange-traded fund under the EntrepreneurShares Series Trust. Managed by Capital Impact Advisors, LLC, an SEC-registered investment advisor, ERSX focuses on publicly traded entrepreneurial companies. Investors can access ERSX through most individual brokerage firms, making it widely available for those interested in entrepreneurial ventures.

Recently, on October 25, 2023, EntrepreneurShares announced that ERSX, along with its counterpart ENTR, will transfer their listing from the New York Stock Exchange (NYSE) to the Nasdaq, effective around November 14, 2023. This strategic move is not expected to require any action from shareholders and will not disrupt the trading of fund shares.

ERSX aims to provide investors with exposure to innovative and dynamic companies that demonstrate strong entrepreneurial characteristics. These companies are often at the forefront of growth and innovation, making ERSX a compelling choice for investors seeking to capitalize on the potential of next-generation entrepreneurs.

However, like all ETFs, ERSX is subject to market risks. It trades like stocks and may experience fluctuations in market value. During periods of market stress, the shares may not readily trade and could be priced at significant discounts. Additionally, brokerage commissions and ETF expenses can reduce overall returns.

Investors should be aware that ERSX employs investment screening criteria, which might limit its universe of acceptable investments compared to other funds. This screening process can make the fund riskier as it may exclude companies that do not meet its specific criteria, and holdings can be sold if they later violate these screens.

For detailed information about the fund's investment objective, risks, charges, and expenses, investors are encouraged to read the prospectus carefully before investing. The prospectus is available on the EntrepreneurShares website at entrepreneurshares.com/investor-resources.

Rhea-AI Summary
Entrepreneurshares Series Trust announced the closure of ERShares NextGen Entrepreneurs ETF (ERSX) due to market demand. The Fund will cease operations on February 23, 2024, with final distributions to shareholders on February 29, 2024.
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EntrepreneurShares to transfer listing of ENTR and ERSX ETFs from NYSE to Nasdaq
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FAQ

What is the ERShares NextGen Entrepreneurs ETF (ERSX)?

ERSX is an exchange-traded fund that invests in publicly traded entrepreneurial companies, managed by Capital Impact Advisors, LLC.

What recent changes have been announced for ERShares NextGen Entrepreneurs ETF?

ERShares announced that ERSX will transfer its listing from NYSE to Nasdaq around November 14, 2023.

Do shareholders need to take any action due to the transfer to Nasdaq?

No shareholder action is required for the transfer to Nasdaq, and it will not affect the trading of fund shares.

What are the risks associated with investing in ERSX?

ERSX is subject to investment risks, including market value fluctuations and potential significant discounts during market stress.

How can I invest in ERShares NextGen Entrepreneurs ETF (ERSX)?

Investors can access ERSX through most individual brokerage firms.

What distinguishes ERShares ETFs from other funds?

ERShares ETFs, including ERSX, use investment screening criteria to select companies with strong entrepreneurial characteristics, which may result in a more focused and potentially riskier investment.

Where can I find the prospectus for ERSX?

The prospectus is available on the EntrepreneurShares website at entrepreneurshares.com/investor-resources.

Who manages the ERShares NextGen Entrepreneurs ETF?

ERSX is managed by Capital Impact Advisors, LLC, an SEC-registered investment advisor.

What types of companies does ERSX invest in?

ERSX invests in publicly traded companies that exhibit strong entrepreneurial traits and innovative potential.

Can ERSX shares trade at prices different from their net asset value?

Yes, like all ETFs, ERSX shares can trade at prices above or below their net asset value.
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