As of October 25, 2019, Absolute Shares Trust - WBI BullBear Value 2000 ETF has been acquired by Absolute Shares Trust - WBI BullBear Value 3000 ETF. Absolute Shares Trust - WBI BullBear Value 2000 ETF is an exchange traded fund launched and managed by Millington Securities, Inc. The fund is co-managed by WBI Investments, Inc. It invests in the public equity and fixed income markets across the globe. The fund invests, directly, through other ETFs and ETNs, and through MLPs, in securities of companies. For its equity portion, it invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of small-cap and mid-cap companies. For its fixed income portion, it invests in debt securities issued by corporate, U.S. Government, and U.S. Government agencies, including fixed, floating, and variable rate securities and high yield bonds with maturities ranging from less than one year up to thirty years. The fund employs an absolute return approach to create its portfolio. It employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 2000 Value Index and the Russell 2500 Value Index. It employs proprietary research to create its portfolio. Absolute Shares Trust - WBI BullBear Value 2000 ETF was formed on August 25, 2014 and is domiciled in the United States.