The folks at a Midwestern family office's asset management arm are celebrating a big milestone for their active ETF.

Yesterday (May 5), Petra Bakosova, CEO of HTAA, LLC (dba Hull Tactical), revealed that the Hull Tactical US ETF (HTUS on the Cboe BZX) recently surpassed $100 million in AUM. Chicago-based Hull Tactical (a subsidiary of Hull Investments, LLC) serves as the fund' investment advisor.

HTUS launched almost 10 years ago, on June 24, 2015. Bakosova has PMed the ETF since its inception.

Hull's ETF comes with an expense ratio of 96 basis points. As of yesterday it had about $116 million in AUM.

"Crossing the $100 million threshold is a meaningful moment, not just as a measure of growth, but as a sign that the investment community recognizes the value of our disciplined, research-driven methodology," Bakosova states. "We remain committed to delivering thoughtful risk management and performance through data science and innovation."

Though HTUS was previously a series of the Exchange Traded Concepts Trust, the ETF reorganizated on June 2, 2023 and became an actively managed, diversified series of the Capitol Series Trust. The fund's other service providers include:

Brown Brothers Harriman & Co. (BBH) as custodian and transfer agent;

Cohen & Company, Ltd. as independent accounting firm;

Practus, LLP as counsel;

Ultimus Fund Soltuions, LLC as administrator and fund accountant; and

Ultimus' Northern Lights Distributors, LLC as distributor.

 

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