Bill Ackman-focused ETF launches

Bill Ackman-focused ETF launches

A new exchange-traded fund launching Tuesday is giving investors the chance to mimic billionaire hedge fund manager Bill Ackman. The VistaShares Target 15 ACKtivist Distribution ETF (ACKY) provides a portfolio that reflects the top publicly disclosed holdings of Ackman-led Pershing Square Capital. It’s the latest ETF release from VistaShares focused on the major players in…

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