ETF Managers Group (ETFMG) and BlueStar Indexes have announced plans to move the primary listing for the BlueStar TA-BIGITech Israel Technology ETF (ITEQ) to NYSE Arca from Nasdaq.
ITEQ will officially begin trading on the NYSE Arca at market open on 26 September, 2017. The Fund will continue trading as normal on Nasdaq until the close of the market on 25 September, 2017.
“We are thrilled to have ITEQ list on the NYSE,” says Steven Schoenfeld, Founder and Chief Investment Officer of BlueStar Indexes, the firm that created and manages the TA-BIGITech index that ITEQ® tracks. “Israel’s dynamic technology companies are significantly contributing to technological innovation around the world, and most investors are still not fully aware of the importance of these stocks. We look forward to expanding awareness of the Israeli Tech investment thesis with NYSE as the primary listing for ITEQ.”
“The NYSE has been a valued partner and is the primary listing for many of our products,” says Samuel Masucci, CEO and Founder of ETFMG. “We will continue to help develop quality products for the number one marketplace for ETFs.”
The change in listing will not affect shareholders of ITEQ®.
