Net Asset Value Restatement for Range Global LNG Ecosystem Index ETF (LNGZ)

OKLAHOMA CITY, Oct. 16, 2024 /PRNewswire/ -- Exchange Traded Concepts, LLC ("ETC") investment adviser of Range Global LNG Ecosystem Index ETF (NYSE Arca: LNGZ) (the "Fund") announces that the previously disclosed net asset value (NAV) per share of the Fund on October 15, 2024 contained an error of greater than 1%. The reported $25.36 NAV per share of the Fund was understated on October 15, 2024 by $1.71 per share due to an administrative error. The NAV was subsequently recalculated and revised to $27.07 per share. There were no subscriptions or redemptions during the one-day period and no further changes are expected.

Exchange Traded Concepts, LLC has served as the Fund's investment adviser since the Fund's inception. ETC is a privately-held company which provides a variety of investment services, including asset management and financial advisory services, with collective assets under management of approximately $7 billion as of October 15, 2024 through exchange-traded funds.

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SOURCE Exchange Traded Concepts, LLC