SUBSEQUENT EVENTS	9 Months Ended
Sep. 30, 2026
Subsequent Event [Line Items]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS WEBs Divestment and Fund Reorganization On October 14, 2026, the Company entered into an agreement with WEBs, pursuant to which the Company divested its equity interest in WEBs and terminated the related investor agreements. In exchange, WEBs agreed to undertake and complete a reorganization of the WEBs SPY Defined Volatility ETF ("DVSP") and WEBs QQQ Defined Volatility ETF ("DVQQ") (collectively the "Target Funds"). Under the proposed reorganization, DVSP and DVQQ will transfer substantially all of their assets to the Westwood Adaptive Exposure SPY ETF ("WWSP") and Westwood Adaptive Exposure QQQ ETF ("WWQQ") (collectively the "Acquiring Funds"), respectively, each a series of the Ultimus Managers Trust. In connection with the reorganization, Westwood Management Corp. will be appointed investment adviser to the Acquiring Funds. Additionally, WEBs will assign to the Company the intellectual property related to each fund's investment strategy. This transaction is structured as a nonmonetary exchange without cash consideration and will be measured based on the fair value of the nonmonetary asset relinquished.

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2026

WEBs Divestment and Fund Reorganization

On October 14, 2026, the Company entered into an agreement with WEBs, pursuant to which the Company divested its equity interest in WEBs and terminated the related investor agreements. In exchange, WEBs agreed to undertake and complete a reorganization of the WEBs SPY Defined Volatility ETF ("DVSP") and WEBs QQQ Defined Volatility ETF ("DVQQ") (collectively the "Target Funds"). Under the proposed reorganization, DVSP and DVQQ will transfer substantially all of their assets to the Westwood Adaptive Exposure SPY ETF ("WWSP") and Westwood Adaptive Exposure QQQ ETF ("WWQQ") (collectively the "Acquiring Funds"), respectively, each a series of the Ultimus Managers Trust.

In connection with the reorganization, Westwood Management Corp. will be appointed investment adviser to the Acquiring Funds. Additionally, WEBs will assign to the Company the intellectual property related to each fund's investment strategy.

This transaction is structured as a nonmonetary exchange without cash consideration and will be measured based on the fair value of the nonmonetary asset relinquished.