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Armada ETF Advisors has appointed Phil Bak as CEO, effective immediately. Bak previously served as Advisory Board Chairman since November 2021. His experience includes founding Exponential ETFs and roles at the New York Stock Exchange. Under his leadership, Armada aims to enhance its strategic direction and operation of Home Appreciation U.S. REIT ETF (NYSE: HAUS), the first active residential real estate ETF. The firm will also develop atNav, a new ETF liquidity platform.
Armada ETF Advisors has launched the Home Appreciation U.S. REIT ETF (NYSE: HAUS), the first active ETF focused solely on residential real estate. This fund invests in REITs that generate at least 75% of revenue from residential properties, contributing to investment opportunities amidst the U.S. housing shortage. With potential benefits like quarterly dividends, HAUS aims to diversify investor portfolios, particularly during high inflation. Expertise from a dedicated advisory board will enhance the fund's performance by identifying market trends.
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