Senior ETF Analyst for @Bloomberg. Dad. Rutgers grad. Gen X-er. Author of "The Institutional ETF Toolbox" & "The Bogle Effect.” Co-host of Trillions & ETF IQ.
SEMI-SHOCK: Goldman is acquiring Neos ETFs for $2.3b. Huge coup for Neos who is only few yrs old but got big FAST, $32b, mostly in covered call monthly income ETFs. GS clearly sees big future in boomer candy, after buying Neos (covered call) and Innovator (buffers) back to back.