Towle Value ETF Rebrands to Emphasize Small-Cap Focus

The fund, which trades under the ticker TCV on NYSE Arca, maintains its core investment objective and sub-adviser relationship with Towle & Co. despite the name change. Officials confirmed that shareholders are not required to take any action regarding the transition, as the shift is purely cosmetic to better align the fund's identity with its established small-cap value focus. Empowered Funds continues to serve as the adviser for the vehicle, with PINE Distributors LLC overseeing distribution. Investors are encouraged to review the updated statutory and summary prospectuses for full details on the fund's risk profile, which includes exposure to micro- and mid-capitalization companies and non-diversified holdings.