Three launches signal a new dimension being added to the firm’s ETF lineup.
Also, a summer reading list for financial advisors.
Small-cap ETFs 'IWM' and 'IJR' among the day's top creations on Friday, June 15, bucking the outflows trend seen that day when more than $3.6 billion left U.S.-listed ETFs.
State Street led in net redemptions on Friday, June 15, as investors yanked more than $3.6 billion from U.S.-listed ETFs, bringing total ETF market size to $3.6 trillion.
Plus, First Trust will entirely revamp two of its ETFs that have low assets.
Also, Roubini calls bitcoin ‘mother of all crypto scams.’
First Trust’s dramatic changes completely renovate the two targeted funds.
The two iShares ETFs had combined inflows of more than $1.3 billion on Thursday, June 14.
BlackRock and State Street had the largest inflows of all ETF issuers on Thursday, June 14.