Meet Our Instructors

The instructors at the ETF Education Academy have experience dealing with Exchange Traded Funds from the initial index methodology development to the implementation in tactical portfolios. 


Aniket Ullal

Aniket Ullal is the founder of First Bridge Data, a California based provider of specialized ETF data & analytics to institutional clients. The firm's ETF data sets include daily ETF holdings, global ETF reference data, smart beta classifications and risk metrics. Previously Aniket worked at S&P Indices in New York, where he had responsibility for S&P’s US indices, including the widely followed S&P 500 and S&P/Case-Shiller indices. His extensive expertise in the ETF & indexing domain includes successfully establishing new ETFs in partnership with leading ETF sponsors and designing new financial indices. These indices have over $300B in ETF assets tracking them. He is the author of ‘ETF Investment Strategies’ (McGraw-Hill; 2013), a popular book on ETF based investing. Aniket is a featured contributor for where he writes a regular column about ETFs. Prior to S&P, Aniket worked at Infosys Technologies and with Andersen’s strategy consulting practice. Aniket has graduate degrees in finance and business from Northwestern’s Kellogg School of Management and the Indian Institute of Management (Ahmedabad).

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In his book ETF Investment Strategies, Aniket Ullal features Lunt Capital Management in a case study.

John Lunt

John Lunt is the President of Lunt Capital Management, Inc.  John has created a variety of diversified, tactical investment strategies used by financial advisors around the country.  John co-created the methodology for eight index strategies calculated by S&P Dow Jones Indices.  He has been a featured speaker at investment conferences around the country, and has written extensively about financial markets.  John is a charter member of the ETF Strategists Roundtable for key influencers associated with ETF management.  From 2001 to 2014, he served on the board of Utah Retirement Systems (URS).  John is currently a member of the investment committee for the Utah Educational Savings Plan (UESP).  John completed the Program for Advanced Trustee Studies at Harvard Law School and finished a number of courses at the New York Institute of Finance on trading and portfolio management. He formerly worked on the Washington, D.C. staff of U.S. Senator Robert Bennett.  John graduated from Brigham Young University with a Bachelor’s degree in Economics and later received an MBA in Finance and International Business from New York University.  

Ryan Hessenthaler

Ryan Hessenthaler is the COO of Lunt Capital Management, Inc.  Prior to joining Lunt Capital, Ryan was a Finance professor and Director of the Center for Financial Analysis at Westminster College and currently serves on the Board of Trustees for Westminster.  Ryan also served as Finance VP for Children’s Miracle Network Hospitals, a non-profit organization which has raised billions of dollars for hundreds of children’s hospitals throughout North America.  He was responsible for overseeing the organization’s endowments, pensions, and investment portfolios as well as leading a cross-functional team responsible for collecting, analyzing, and reporting all performance metrics for the organization.  Ryan has extensive experience with financial modeling, research, building rules-based investment methodologies, and analysis.  Ryan currently serves on the boards of Utah Retirement Systems (URS) and the Utah Council for Citizen Diplomacy (UCCD).  Ryan graduated from the University of Utah with a Bachelor’s degree in Political Science and later received an MBA in Finance from Westminster College.