Annex Advisory cuts small-cap ETF stake by 94% in Q3
Annex Advisory Services’ third-quarter filings show it added to or opened positions in the iShares Global 100 ETF, LandBridge, Taiwan Semiconductor and the SPDR Portfolio S&P 500 ETF. It sharply reduced its holding in the SPDR Portfolio S&P 600 Small Cap ETF, selling about 94% of its shares.
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About land bridge
In biogeography, a land bridge is an isthmus or wider land connection between otherwise separate areas, over which animals and plants are able to cross and colonize new lands. A land bridge can be created by marine regression, in which sea levels fall, exposing shallow, previously submerged sections of continental shelf; or when new land is created by plate tectonics; or occasionally when the sea floor rises due to post-glacial rebound after an ice age.
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