Net Asset Value Restatement for Range Global LNG Ecosystem Index ETF (LNGZ)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 16 2024
0mins
Should l Buy ?
Source: Newsfilter
Error in Fund NAV: The Range Global LNG Ecosystem Index ETF reported an error in its net asset value (NAV) per share, initially stated as $25.36 but later corrected to $27.07 due to an administrative mistake.
ETC's Role: Exchange Traded Concepts, LLC, the investment adviser for the Fund, has managed approximately $7 billion in assets and confirmed that there were no subscriptions or redemptions during the period of the error.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
