The asset manager's proposed exchange-traded fund would combine holdings linked to the VettaFi Sports Index with selected private investments tied to the professional sports industry.
Amplify ETFs has sought permission to launch the Amplify Pro Sports Private & Public Ownership ETF (PROS), an actively managed fund that seeks to provide investors with exposure to professional sports team ownership through a combination of public and private investments. The public portion of the portfolio is expected to be represented by securities included in the VettaFi Sports Index The ETF is intended to invest in businesses that profit from participation in, or facilitate, professi