ARS Core Equity Portfolio ETF ARS Core Equity Portfolio ETF (ACEP), a series of EA Series Trust, is an actively managed exchange-traded fund that seeks long-term capital growth and current income through investments in high-quality equity securities of large-cap U.S. companies characterized by strong balance sheets, reasonable earnings growth, and above-average dividend yields; the fund employs fundamental analysis for stock selection and portfolio construction, benchmarking performance against the S&P 500 Index S&P 500, with a focus on high-quality firms across sectors via direct equity holdings identified by ARS Investment Partners, the sub-adviser with over 50 years of experience in core equity strategies. ARS Investment Partners, headquartered in Stamford, Connecticut and founded in 1971 as A.R. Schmeidler & Co., oversees the strategy through its Investment Committee, targeting institutional and high-net-worth investors primarily in the United States. Launched on the Nasdaq Stock Market on November 21, 2025, with GTS Securities as the designated liquidity provider, the ETF represents the firm's expansion into publicly accessible ETF products mirroring its proprietary Core Equity Strategy; trading data dissemination occurs via UTP Level 1, Nasdaq Basic, and other services, with daily valuations provided by major index providers since inception.