AdvisorShares Notches Another Partnership; TrimTabs ETF Coming Up?

AdvisorShares, the Bethesda, Maryland-based firm behind many of the most successful active ETFs on the market, announced this week a partnership with TrimTabs Asset Management to develop an actively-managed ETF. TrimTabs is an independent institutional research firm built around the premise that stock prices are a function of liquidity rather than value. The company was founded to provide short ideas to institutional clients, but changed its focus to equity market liquidity in 1995. TrimTabs now gathers and provides data summarizing money flows and equity market liquidity. “Most quantitative ETFs focus on easily available price, volume, and earnings data,” said TrimTabs founder Charles Biderman in a press release announcing the partnership. “Since data on the supply and demand for stocks is scattered across so many sources, most strategies ignore stock market liquidity. However we believe that stock prices are a function of liquidity rather than value. Like the [...] Click here to read the original article on ETFdb.com. Related Posts: AdvisorShares Files For Three Active ETFs AdvisorShares Teams Up With Cambria On Active Global ETF (GTAA) Active ETF Pipeline: Previewing Some Exciting Funds On The Horizon AdvisorShares Rolls Out Another Active ETF ETF Pipeline: Another Active ETF