LHA Market State Tactical Beta ETF (MSTB)

• Market cap: $135M
• 1 day: 0.03%
• 5 days: -1.46%
• 1 month: 1.29%
• 3 months: -4.29%
• 6 months: -3.85%
• Year to date: -2.11%
• 1 year: 8.73%
• 5 years: 31.20%
• 10 years: 31.20%

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

9% more capital invested

Capital invested by funds: $103M [Q3] → $112M (+$9.28M) [Q4]

3.48% more ownership

Funds ownership: 75.58% [Q3] → 79.06% (+3.48%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

6% less funds holding

Funds holding: 18 [Q3] → 17 (-1) [Q4]

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

38% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 8