Record-setting market: Using ETFs to help avoid hefty tax bills

1. Astoria plans to launch a tax-efficient ETF, LCOR, in October. 2. ETFs help investors avoid capital gains tax for heavy stock holdings. 3. Big Tech makes up one-third of the S&P 500, affecting tax liabilities. 4. Investors may shift high-performing stocks to avoid large tax burdens. 5. The strategy utilizes Section 351 tax code for smoother stock transitions.