ETN lineup reaches pivotal $2 billion market value milestone. REX Shares appoints Managing Director Vince DiLullo to fuel continued product expansion.
FAIRFIELD, Conn. — September 30, 2021 — REX Shares (REX), an independent provider of exchange-traded products (ETPs), was recognized as the Best Leveraged & Inverse ETF Issuer (Including ETNs) with partner Bank of Montreal (BMO) for the second year in a row at the ETF Express U.S. Awards 2021. REX and BMO won Best Alternative ETF Provider (Including ETNs) in 2019. The ETN lineup also surpassed $2 billion in market value during 2021 — a 100% increase from 2020 — and REX recently appointed Vince DiLullo as Managing Director.
DiLullo, who brings 25 years of capital markets, wealth management and financial industry experience, will take charge of business development for REX. In his most recent role with UBS Investment Bank, DiLullo led the development, origination and distribution of structured investment and ETP solutions to financial institutions and private clients in the U.S. His presence at the firm will provide additional tools and investment opportunities, furthering REX’s continued path of growth.
“This year, we’ve experienced robust growth as investors seek differentiated exposure to market segments that heavily influence their portfolio, such as technology, banking, oil and gold,” said Greg King, Founder and CEO of REX. “This latest recognition from ETF Express is further evidence that the innovative ETNs continue to resonate with sophisticated sector traders. With Vince on board, we look forward to expanding and enhancing our product offerings even more.”
The annual ETF Express U.S. awards acknowledge superiority among ETF issuers across a range of asset classes and serve as a mark of achievement from industry peers. REX was included on a pre-selected shortlist based on data provided by Bloomberg and narrowed down as the winner following an exhaustive online poll of the entire ETF Express readership.
With a focus on unique investment and trading products, REX offers the MicroSectors™ suite of ETNs that offer investors enhanced exposure to tailored market sectors.
About REX Shares
Founded in 2015, REX Shares (REX) is an independent provider of exchange-traded products (ETPs) based in Fairfield, Connecticut. As ETP architects, the REX team creates investment vehicles that solve for a range of specific challenges in investor portfolios. The firm is rooted in decades of structuring and building inventive exchange-traded product solutions. For more information, please visit www.rexshares.com.
Gregory FCA for REX Shares
Chandler Kuck, 239-302-7464