THOR Financial Technologies announced the transfer of its THOR Low Volatility ETF (THLV) to the NYSE, effective February 1, 2023. This transfer will not require any action from shareholders and is expected to maintain current trading conditions. Brad Roth, Chief Investment Officer, highlighted that this move aims to improve pricing consistency and enhance the trading experience for investors. The ETF seeks to invest at least 80% of its assets in securities of the THOR Low Volatility Index, focusing on U.S. large-cap equities with reduced volatility. The NYSE expressed confidence in providing superior liquidity and market services for the ETF.
THOR Financial Technologies has launched its first exchange-traded fund (ETF), THOR Low Volatility (NYSE: THLV). This actively managed ETF aims to provide investment outcomes that reflect the performance of the THOR U.S. Low Volatility Index, calculated by Solactive. The ETF invests in large-cap equities across ten sectors and employs a weekly rebalancing strategy to minimize negative returns. THOR’s proprietary risk management technology and AI-driven investment approach are designed to cater to advisors' demand for low volatility strategies. Investors should consider the associated risks.