ETFMG Sit Ultra Short ETF
VALT
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 30 Maple Street, Suite 2 Summit NJ United States of America 7901
- IPO Date
- Oct 8, 2019
- CIK
- 0001467831
- Similar Companies
- Business
- ETFMG Sit Ultra Short ETF (VALT) is an actively managed exchange-traded fund that seeks maximum current income consistent with the preservation of capital and daily liquidity by investing primarily in a diversified portfolio of high-quality, short-term U.S. dollar-denominated fixed- and floating-rate debt securities and instruments, including investment-grade corporate bonds, commercial paper, U.S. government and agency securities, mortgage- and asset-backed securities, and repurchase agreements with maturities generally up to four years; sector allocation and security selection are determined by the sub-advisor, Sit Investment Associates, Inc.. The fund targets conservative investors, portfolio managers, and institutions seeking low-risk cash management alternatives to short-term government funds, with operations focused on the U.S. fixed income market through NYSE Arca listing. Issuer ETF Managers Group, LLC (ETFMG), founded in 2013 and headquartered in Summit, New Jersey, serves as the investment adviser, partnering with specialized sub-advisors for thematic and targeted strategies across its ETF lineup. VALT, launched on October 8, 2019, operates under the ETF Managers Trust structure with U.S. Bancorp Fund Services, LLC as administrator, U.S. Bank, N.A. as custodian and transfer agent, and ETFMG Financial LLC as distributor. In a major development, ETFMG announced the closure of VALT in August 2023 due to low market demand, with trading ceasing on August 25, 2023, and the fund liquidating thereafter by increasing cash holdings and ceasing its principal investment strategy. Subsequently, Amplify ETFs completed the acquisition of ETFMG's ETF assets in January 2024, expanding Amplify's platform to approximately $9.1 billion in assets under management across 31 ETFs, though VALT's specific status post-liquidation remains inactive on major U.S. platforms. No recent partnerships, new launches, or operational revivals for VALT have been reported as of late 2025.