Point Bridge Capital is an American investment management company based in Texas that was founded by Hal Lambert in 2013. It is best known for its "MAGA ETF", an exchange-traded fund that invests in companies that are especially supportive of the United States Republican political party. The name is a nod to Make America Great Again, the 2016 presidential campaign slogan of Donald Trump. In addition Point Bridge provides investment management advice to high-net-worth individual.
The MAGA ETF fund is traded on the BATS Global Markets exchange. Its selection criteria uses Federal Election Commission data to select the top 150 US public companies that meet the political target. The fund is administered by Point Bridge and distributed by Foreside Fund Services.[1]
History
Point Bridge Capital was established by Hal Lambert in 2013.
^"Why MAGA ETF? | Point Bridge Capital". Point Bridge Capital. Retrieved 8 March 2020. Point Bridge Capital, LLC serves as the investment advisor, and Vident Investment Advisory, LLC serves as the sub-advisor to the fund. The fund is distributed by Foreside Fund Services, LLC, which is not affiliated with Point Bridge Capital, LLC or Vident Investment Advisory, LLC.