Exchange Traded Concepts Announces Launch of the MIG Core ETF (MIGO)
Rhea-AI Summary
Exchange Traded Concepts announced the MIG Core ETF (MIG) on February 23, 2026, launched in partnership with MIG Capital, LLC. The ETF will target equity securities of U.S. large-cap companies or similar economic exposures and emphasizes careful research and a long-term, high-quality growth approach.
The partners say MIGO reflects MIG Capital's family-capital investment philosophy: owning durable, high-quality U.S. businesses intended as a reliable core holding for long-term investors.
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News Market Reaction – MIG
On the day this news was published, MIG declined 0.04%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
OKLAHOMA CITY, Feb. 23, 2026 /PRNewswire/ -- Exchange Traded Concepts (ETC), a leader in providing innovative ETF solutions, is delighted to introduce the new MIG Core ETF in conjunction with MIG Capital, LLC.
"We are very excited to work with MIG Capital, LLC to bring this new product to market," says J. Garrett Stevens, Co-Founder and Chief Business Officer of Exchange Traded Concepts. "This ETF will invest in equity securities of
"We're excited to partner with Exchange Traded Concepts to bring the MIG Core ETF to market. We built MIG on a long term mindset shaped by investing our own family capital," says Richard Merage, Chief Executive Officer of MIG Capital, LLC. "For more than two decades, our focus has been simple and disciplined: own high quality
About Exchange Traded Concepts (ETC)
Exchange Traded Concepts is an SEC-registered independent investment adviser that specializes in white-label ETFs and offers comprehensive ETF services spanning ETF-in-a-Box, ETF portfolio management, fund marketing and consulting. ETC's comprehensive platform delivers a true turnkey solution for investment advisors, financial professionals, and others to manage their assets and offer their strategy in an ETF wrapper to meet investor needs. Learn more at www.exchangetradedconcepts.com.
About MIG Capital, LLC
MIG Capital is an SEC registered institutional investment management firm founded by the Merage family after the sale of their frozen food business, Chef America, inventor of Hot PocketsTM, to Nestlé in 2002. Portfolio Manager Richard Merage has been managing proprietary family capital since 2003 and founded MIG Capital Long/Short strategy in 2007. Learn more at: www.migcap.com
The MIG Core ETF is now listed on the NYSE Arca and available for trading. For more information, visit migcapitaletf.com
Important information
All investments involve risk, including possible loss of principal. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds, please call 1-844-485-5383 or visit our website at migcapitaletf.com/investor-materials. Read the prospectus or summary prospectus carefully before investing.
The Fund is not diversified. Products of companies in which technology funds invest may be subject to severe competition and rapid obsolescence. The communication services sector may be concentrated in a small number of companies, which can increase volatility. These companies face risks from rapid technological change, intense competition, pricing pressure, high research and capital costs, and government regulation. Profitability may be affected by changing consumer demand, regulatory delays or changes, and cybersecurity threats such as data breaches or service disruptions.
The Fund may trade securities actively, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate.
Because the Fund is new, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy, may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the Fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders. Such liquidation could have negative tax consequences for shareholders and will cause shareholders to incur expenses of liquidation.
The Funds are distributed by SEI Investments Distribution Co. (SIDCO, 1 Freedom Valley Drive,
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SOURCE Exchange Traded Concepts, LLC