First Cloud Computing ETF Floats onto the Scene
The first cloud computing ETF is ready to begin trading July 6, 2011 on the NASDAQ Stock Market. First Trust Advisors L.P. will sponsor the new fund, known as First Trust ISE Cloud Computing Index Fund (ticker: SKYY). According to the press release, SKYY will track the ISE Cloud Computing Index, which was developed by [...]
Direxion Adds Five New Leveraged ETFs to its Lineup
Direxion Funds, one of the leading issuers of leveraged ETFs, has expanded its lineup with the launch of five new funds. Four of the five new ETFs are designed to leverage 300% of the daily performance (or 300% of the inverse) of the Materials and Healthcare industries, which are both said to be currently trading [...]
International High Yield Dividend ETF Launched
Investors now have access to higher-yielding companies in commodity-rich Australia, Brazil and Canada with the release of a new ETF from Guggenheim Funds Distributors, Inc. The new international fund, identified in the press release as Guggenheim ABC High Dividend (NYSE Arca: ABCS), will track the BNY Mellon ABC Index made up of 30 of the [...]
First Canada Preferred ETF Unveiled
For the first time, investors now have the ability to follow the performance of preferred stock issuing companies in Canada. Global X Funds has just released a new ETF known as Global X Canada Preferred ETF (ticker: CNPF). According to Bruno del Ama, chief executive officer of Global X Funds, “CNPF provides a relatively efficient [...]
Two New S&P Related ETFs Launched
Low volatility and high beta access to the S&P 500 index is now a reality with the listing of two new ETFs from Invesco PowerShares. The press release identifies the two new funds as PowerShares S&P 500 Low Volatility Portfolio (ticker: SPLV) and PowerShares S&P 500 High Beta Portfolio (ticker: SPHB). SPLV’s underlying index consists [...]
Record ETF Assets and Inflows in April
National Stock Exchange, Inc., known as NSX, announced today that ETF/ETN assets have continued to grow to new record levels, with total exchange-traded assets reaching $1.14 trillion at the end of April 2011, representing a 34% increase over April 2010. Year-to-date cash inflows reached a new record of $51.3 billion, a 140% increase compared to [...]
January 2011 ETF/ETN Data Reports from NSX
The National Stock Exchange, Inc. (NSX®) just released its January 2011 ETF/ETN data reports. Highlights from the January 2011 reports include: Assets in U.S. listed Exchange-Traded Funds (ETF) and Exchange-Traded Notes (ETN) totaled a new record of approximately $1.02 trillion at January 2011 month-end, an increase of approximately 37% over January 2010 month-end when assets totaled $744.7 [...]
ETF Assets Under Management (AUM) Top $1 Trillion per NSX
National Stock Exchange, Inc. (NSX®) just released its expanded, year-end 2010 Exchange-Traded Funds and Exchange-Traded Notes (ETF/ETN) data reports showing a comprehensive overview of the growth of ETFs over the past 5 years in categories such as Net Cash-Flows, Assets Under Management (AUM), Notional Volume and Share Volume as well as providing a complete product [...]
NSX Releases August 2010 ETF Data Reports
National Stock Exchange, Inc. (NSX®) just released its August 2010 ETF/ETN data reports [...]
Next ETFs Files for New Line of ETFs
Next ETFs has plans for a new series of ETFs. The issuer is expected to start with a unique US ETF which would track the premier Nikkei 225 Japanese index. The Nikkei 225 Index is a leading Japanese benchmark made up of 225 liquid stocks within the Tokyo Stock Exchange. According to the press release, [...]
