# EDGAR Filing Document

**Accession Number:** 0001591939
**File Stem:** 0000894189-25-015848
**Filing Date:** 2025-11
**Character Count:** 2429
**Document Hash:** 53e038ae1a1b462e47006f11a1fc30a4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-015848.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0000894189-25-015848

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**EFFECTIVENESS DATE**: 20251126

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Absolute Shares Trust
- **CENTRAL INDEX KEY:** 0001591939

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-192733
- **FILM NUMBER:** 251527843

**BUSINESS ADDRESS:**
- **STREET 1:** C/O WBI INVESTMENTS, INC.
- **STREET 2:** 331 NEWMAN SPRINGS ROAD, SUITE 105
- **CITY:** RED BANK
- **STATE:** NJ
- **ZIP:** 07701
- **BUSINESS PHONE:** 732-842-4920

**MAIL ADDRESS:**
- **STREET 1:** C/O WBI INVESTMENTS, INC.
- **STREET 2:** 331 NEWMAN SPRINGS ROAD, SUITE 143
- **CITY:** RED BANK
- **STATE:** NJ
- **ZIP:** 07701

## Series and Classes Contracts Data

### WBI Power Factor High Dividend ETF (Series ID: S000055583)

---

|  |  |  |
|:---|:---|:---|
| Class Name                         | Ticker Symbol | Class ID   |
| WBI Power Factor High Dividend ETF | WBIY          | C000174967 |

---

## Series and Classes Contracts Data

### WBI Power Factor High Dividend ETF (Series ID: S000055583)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000174967 | WBI Power Factor High Dividend ETF | WBIY            |

**&nbsp;&nbsp;&nbsp;&nbsp;**

**<br>November 26, 2025**

Filed pursuant to Rule 497

File Nos. 333-192733; 811-22917

![image_0.jpg](image_0.jpg)

**WBI PowerFactor**<sup>®</sup> **High Dividend ETF ("WBIY")**

<br>**Supplement to the Prospectus and Statement of Additional Information ("SAI"), each dated October 31, 2025.**<br>

Effective December 11, 2025, the shares of WBI PowerFactor<sup>®</sup> High Dividend ETF (Ticker: WBIY; CUSIP No. 00400R858) (the "Fund") will be traded on the New York Stock Exchange, LLC. As of December 11, 2025, all references in the Fund's Prospectus and SAI to "NYSE Arca, Inc." are replaced with "New York Stock Exchange, LLC". This supplement replaces in its entirety a supplement dated November 20, 2025.

**Please retain this Supplement with your Prospectus and SAI.**

**The date of this Supplement is November 26, 2025.**

<br>