Amplify ETFs to acquire exchange-traded funds from ETF Managers Group.

Amplify ETFs, an investment management firm, agreed to acquire exchange-traded funds from ETF Managers Group, a provider of ETFs. Financial terms were not disclosed. "ETFMG has created an impressive roster of strategies and we are excited to acquire its ETFs as these strategies align well with our commitment to being at the forefront of ETF industry growth and innovation. We look forward to expanding the access and awareness of this compelling and differentiated product set,” Christian Magoon, Amplify ETFs CEO and Founder.