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Finance

Providing perspective and contextual insights on the monetary aspects of the Finance industry within the state of Utah, from Banking to FinTech and from venture capital to cryptocurrency.

Bountiful-based Summit Global Investments Launches $40 Million ETF on NASDAQ

Earlier today, Summit Global Investments announced it has launched a $40 million Dynamic Tactical Exchange Traded Fund (ETF) via the NASDAQ Stock Market (NASDAQ:DYTA). Formed in 2010, Summit Global is a Bountiful, Utah-based Registered Investment Advisor (RIA) with over $2 billion in assets under management (AUM). According to Summit

Extra Space Storage Spends $12.7 Billion to Acquire Life Storage

Extra Space Storage Spends $12.7 Billion to Acquire Life Storage

The acquisition transforms the Cottonwood Heights firm into the largest self-storage company in the United States (by number of locations) and the 6th largest REIT in the U.S. And just like that, Extra Space Storage (NYSE:EXR) becomes the largest self-storage operator in the U.S. courtesy of a

Centerville's TruGolf Slated to "Go Public" via a $125 Million SPAC-Merger

In spite of the recent collapse of what might be considered the "SPAC Merger Industry," the board and majority shareholders of Centerville, Utah-based TruGolf have opted to "go public" by merging into a "Special Purpose Acquisition Company" in a deal slated to value TruGolf