Hennessy Advisors Inc to acquire two ETFs from STF Management
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 14 2025
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Hennessy Advisors Expansion: Hennessy Advisors has signed an agreement to acquire the STF Tactical Growth ETF and STF Tactical Growth & Income ETF, totaling approximately $220M in assets, with plans to close the transaction by Q3 2025.
Reorganization Details: The acquired ETFs will be rebranded under Hennessy Funds Trust and managed by Hennessy Advisors, with the transaction structured as a tax-free reorganization for shareholders.
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About HNNA
Hennessy Advisors, Inc. is an investment manager offering a range of domestic equity, multi-asset, and sector and specialty funds. The Company’s operating activities consist primarily of providing investment advisory services to 17 open-end mutual funds and one exchange-traded fund (ETF) branded as the Hennessy Funds. The Company serves as the investment advisor to all classes of the Hennessy Cornerstone Growth Fund, the Hennessy Focus Fund, the Hennessy Cornerstone Mid Cap 30 Fund, the Hennessy Cornerstone Large Growth Fund, the Hennessy Cornerstone Value Fund, the Hennessy Total Return Fund, the Hennessy Equity and Income Fund, the Hennessy Balanced Fund, the Hennessy Energy Transition Fund, the Hennessy Midstream Fund, the Hennessy Gas Utility Fund, the Hennessy Japan Fund, the Hennessy Japan Small Cap Fund, the Hennessy Large Cap Financial Fund, the Hennessy Small Cap Financial Fund, and the Hennessy Technology Fund, as well as to the Hennessy Stance ESG ETF.
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.
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