ETF Week: 5 Launches; Prudential Plans 4 Funds
A bevy of funds launched this week, along with a few key filings.
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Launches
- Newcomer ImpactShares, in conjunction with the NAACP, rolled out a socially responsibility ETF focused on promoting racial equality
- ProShares unveiled a lower-cost online retail ETF that will compete with the Amplify Online Retail ETF (IBUY)
- Global X launched a fund that focuses on high-quality stocks in the S&P 500 that also offer high dividend yields
- FlexShares debuted a smart-beta ETF targeting the junk bond space
- A new actively managed fund targets small-cap U.S. stocks exhibiting quality and growth characteristics and lower valuations
Filings
- Prudential’s PGIM unit files for four actively managed ETFs
- WisdomTree outlines plans for a global smart-beta aggregate bond fund
Contact Heather Bell at [email protected]
