5 New ETFs Added To Fidelity Free Trading Program
The total number of ETFs tradable in Fidelity Investment’s ETF centric trading rose from 25 to 30 with addition of 5 new ETFs. The free program enables investors to trade in funds covering: Real Estate–Dow Jones US Real Estate Index Fund (IYR), Stocks offering regular dividends–Dow Jones Select Dividend Index Fund (DVY), and Dow Jones [...]
PowerShares Plans Financial, REIT ETFs
Invesco PowerShares, the Lisle, Ill.-based fund sponsor known for its QQQ ETF (NasdaqGM:QQQQ), filed with the Securities and Exchange Commission to launch four new funds based on so-called FIRE indexes targeting the financial, insurance and real estate sectors.
Vanguard Announces New Wave of ETFs
Vanguard, one of the largest ETF issuers, will soon have 19 more funds in their lineup. The new ETFs will track a variety of indexes; however, the most notable will be the S&P 500. Vanguard ETFs are made up of share classes of the company’s index funds. Among the 19 new ETFs are funds to [...]
Reverse Share Split Declared for Group of Direxion ETFs
Direxion, the ETF issuer popular for its line of leveraged funds, has announced an upcoming reverse share split on four of its triple leveraged ETFs. The ETFs scheduled for the reverse split on July 8, 2010 are: 1. Direxion Daily Energy Bear 3x Shares (ERY: Profile, Quote, Advanced Chart, News) 2. Direxion Daily Real Estate [...]
REITs Offer Play on Consumer Confidence
At the surface, real estate and consumer confidence numbers may appear to have little in common. However, as consumer confidence continues to rise, commercial REITs offer a unique opportunity to investors. Analysts believe improving consumer confidence numbers could help commercial real estate investment trusts, which have been some of the hardest hit during the “Great [...]
China Real Estate ETF Suggests There is No Bubble
As pundits and analysts declare that China’s real estate driven economic expansion is part of a larger bubble, the fundamentals suggest a different picture. A look into China’s real estate shows that for most investors, there’s still money to be made. The Claymore/AlphaShares China Real Estate ETF (TAO: Quote, Profile, Advanced Chart, News), a popular [...]
ProShares’ Reverse Split Breathes Life into 9 ETFs
It is no secret on Wall Street that leveraged and short funds eventually go to $0, but ProShares hopes a reverse split can bring nine of its funds back from the dead. ProShares will enact a reverse split after the closing bell on April 14, hoping to breathe some life into nine plummeting funds. The [...]
Bears Dominate Real Estate ETF Options Activity
As real estate sails out of the doldrums, some options investors aren’t so optimistic about the future. Two significant trades indicate ETF options traders are bracing for a pullback. The iShares Dow Jones U.S. Real Estate Index (IYR: Quote, Profile, Advanced Chart, News), a popular ETF for tracking major components of the real estate market, [...]
ProShares Files for Five Leveraged Inverse ETFs
ProShares has filed with the SEC to create five new leveraged or inverse funds, expanding the already largest lineup of leveraged products by any one issuer. The new funds tackle popular sectors such as China, bio-tech, basic materials and real estate. The five new funds are: 1. Short FTSE/Xinhua China (YXI) 2. Ultra Nasdaq Biotechnology [...]
ALPS Starts Construction on a Realty ETF
ALPS has filed with the SEC to create a new fund of a increasingly popular investment: real estate. The fund will track an existing index, the Cohen & Steers Global Realty Majors Index. The criteria for the underlying index is different than most other “plain vanilla” indexes. The fund will invest in real estate stocks [...]
