LPRE ETF
Long Pond Real Estate Select ETF
The Long Pond Real Estate Select ETF (Ticker: LPRE) seeks to provide superior returns by investing in a subset of real estate companies that Long Pond believes are high-quality compounders and/or secular winners, generally with a minimum market capitalization of $5 billion.
Fund Details as of 06/26/2025
| Primary Exchange | NYSE/ARCA |
| Ticker | LPRE |
| Cusip | 30151E517 |
| Net Assets | 16,278,910 |
| Median 30-Day Bid/Ask Spread | 0.20% |
| # of Holdings | 23 |
| Fund Inception Date | 04/04/2025 |
| Shares Outstanding | 650,000 |
| Management Fee | 1.00% |
| Total Annual Fund Operating Expenses | 1.00% |
30-Day Median Bid/Ask Spread: The spread is calculated from (i) sampling the ETF's NBBO as of the end of each 10 second interval during each trading day of the last 30 calendar days; (ii) dividing the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identifying the median of those values.
| NAV | 25.04 |
| Daily Change ($) | 0.09 |
| Daily Change (%) | 0.36% |
| Closing Price | 25.0587 |
| Daily Change ($) | 0.0937 |
| Daily Change (%) | 0.38% |
| NAV | 25.04 |
| MARKET PRICE | 25.0587 |
| PREMIUM/DISCOUNT | 0.07% |
Performance
| 1 Month | 3 Months | YTD | Since Inception | 1 Year | 3 Years | 5 Years | |
|---|---|---|---|---|---|---|---|
| Fund NAV | 2.87% | TBD | 4.74% | 4.74% | TBD | TBD | TBD |
| Market Price | 2.91% | TBD | 4.86% | 4.86% | TBD | TBD | TBD |
| Fund NAV |
| Market Price |
Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of less than one year are not annualized. Shares are bought and sold at market price (closing price) not net asset value (NAV) and are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00pm Eastern Time (when NAV is normally determined) and do not represent the return you would receive if you traded at other times.
Distributions
| Month | Ex Date | Record Date | Pay Date | Dividend |
|---|---|---|---|---|
| June | 06/26/2025 | 06/27/2025 | 06/27/2025 | 0.0749 |
There is no guarantee that distributions will be made. Must be a registered shareholder of the fund on the record date to receive dividends.
Holdings as of 06/26/2025
| COMPANY NAME | TICKER | FIGI | SHARES | MARKET VALUE | % OF NET ASSET VALUES |
|---|---|---|---|---|---|
| HORTON D.R. INC | DHI | BBG000DQTXY6 | 10,706 | 1,361,267.90 | 8.36% |
| INDEPENDENCE REALTY TRUST IN | IRT | BBG004Q00KS7 | 74,979 | 1,340,624.52 | 8.24% |
| HYATT HOTELS CORP - CL A | H | BBG000CVRFS4 | 9,625 | 1,336,527.50 | 8.21% |
| PROLOGIS | PLD | BBG000B9Z0J8 | 12,276 | 1,281,491.64 | 7.87% |
| JONES LANG LASALLE INC | JLL | BBG000C2L2L0 | 4,410 | 1,118,243.70 | 6.87% |
| MID-AMERICA APARTMENT COMM | MAA | BBG000BLMY92 | 7,093 | 1,045,933.78 | 6.43% |
| TAYLOR MORRISON HOME CORP | TMHC | BBG003PGJHP5 | 16,286 | 987,094.46 | 6.06% |
| WYNDHAM HOTELS & RESORTS INC | WH | BBG00HCY3Q67 | 11,846 | 956,327.58 | 5.87% |
| SIMON PROPERTY GROUP A | SPG | BBG000BJ2D31 | 4,520 | 725,912.00 | 4.46% |
| RED ROCK RESORTS INC-CLASS A | RRR | BBG00B6G8077 | 13,287 | 680,161.53 | 4.18% |
Holdings are subject to change.
Premium Discount Table
| Second Quarter 2025 | |
|---|---|
| Days traded at nav | 0 |
| Days traded at premium | 54 |
| Days traded at discount | 3 |
Premium Discount Graph
Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s Prospectus and Summary Prospectus, which may be obtained by visiting https://www.longpondetf.com/investor-materials. Read the Prospectus and Summary Prospectus carefully before investing.
Long Pond ETFs are distributed by Foreside Fund Services, LLC. Exchange Traded Concepts, LLC serves as the investment advisor; Long Pond Capital, LP serves as the sub-advisor. Foreside Fund Services, LLC. is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.
Investing involves risk, including possible loss of principal. The Fund’s return may not match or achieve a high degree of correlation with the return of the Index. To the extent the Fund’s investments are concentrated in or have significant exposure to a particular issuer, industry or group of industries, or asset class, the Fund may be more vulnerable to adverse events affecting such issuer, industry or group of industries, or asset class than if the Fund’s investments were more broadly diversified. Issuer-specific events, including changes in the financial condition of an issuer, can have a negative impact on the value of the Fund.
A new or smaller fund is subject to the risk that its performance may not represent how the fund is expected to or may perform in the long term. In addition, new funds have limited operating histories for investors to evaluate and new and smaller funds may not attract sufficient assets to achieve investment and trading efficiencies.
Shares are bought and sold at market price (closing price) not net asset value (NAV) and are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00pm Eastern Time (when NAV is normally determined) and do not represent the return you would receive if you traded at other times. Brokerage commissions will reduce returns. The Fund is an actively managed ETF, which is a fund that trades like other publicly traded securities.