Silvercrest Files Active Large-Cap ETF Built Around S&P 500 Stocks

Silvercrest Asset Management Group has filed for the Silvercrest Large Cap Core Equity ETF (SCE), an actively managed strategy investing primarily in U.S. large-cap stocks drawn from the S&P 500. The fund expects to hold roughly 50 to 70 securities and will use the index as a benchmark rather than seek to replicate it. Silvercrest will combine bottom-up fundamental research with top-down portfolio construction, assessing earnings growth, margins, balance-sheet strength and the economic cycle. The portfolio will blend core index positions, higher-conviction “alpha” ideas and additional holdings used to manage sector, factor and thematic exposures.