Fundstrat Capital announced that the Fundstrat Granny Shots U.S. Large Cap ETF (NYSE: GRNY) has surpassed $1 billion in assets under management (AUM) as of May 12, 2025, marking a significant milestone achieved just six months after its launch on November 7, 2024.

Tom Lee, CIO and Lead Portfolio Manager at Fundstrat Capital, expressed gratitude to ETF holders and noted that investors appreciate the weekly video updates on GRNY, which help them understand the investment portfolio, especially during the volatile market environment. He emphasized that reaching the $1 billion milestone reinforces the demand for research-centric strategies in an accessible ETF wrapper, backed by transparent communication.

GRNY's rapid growth is attributed to the increasing demand for actively managed ETFs that offer both transparency and a point of view. The fund's equal-weighted construction and thematic investment strategy are designed to reduce concentration risk and provide exposure to companies positioned to benefit from macro tailwinds.

Ken Xuan, Co-Portfolio Manager of GRNY, stated that reaching $1 billion in assets is just the beginning, with the focus remaining on identifying high-quality opportunities and positioning the fund for sustainable growth, leveraging market expertise and innovative strategies.

Carrie Presley, ETF Product Specialist at Fundstrat Capital, thanked platform partners and advisors for their support in helping GRNY reach this milestone.

The milestone underscores the broad support from investors for GRNY's distinctive strategy, anchored in Fundstrat's thematic, evidence-based approach to navigating today's dynamic market environment.

Before investing, it is important to consider the Fund's investment objectives, risks, charges, and expenses, as detailed in the prospectus. Investing involves risk, and principal loss is possible.

The principal risks of investing in the Fund include Equity Market Risk, Models and Data Risk, Operational Risk, and New Fund Risk. Common stocks are exposed to greater risk than other types of securities. The Fund's portfolio relies on investment models and data supplied by third parties, which may be incorrect or incomplete. The Fund is also subject to risks arising from operational factors, including human error and systems failures. As a recently organized management investment company with no operating history, prospective investors do not have a track record to base their investment decisions on.

The Fund is distributed by Foreside Fund Services, LLC.