ETF Week: New Sector SPDR, Macro Fund Debut

It was a busy week in the ETF realm, with State Street Global Advisors adding to its Select Sector SPDR family and Jim Rogers launching a macro equity ETF. J.P.M organ even rolled out a trio of simple beta funds. And BlackRock’s iShares announced it would close 16 of its funds in August.

Below is a roundup of all the key events in the ETF industry during the week of June 18:

Launches

• State Street Global Advisors rolled out a Select Sector SPDR ETF targeting “communication services”
• J.P. Morgan launched a trio of ETFs tracking cap-weighted indexes
• Jim Rogers moved beyond commodities to debut a global macro equity ETF of ETFs
• Reality Shares followed up its successful global blockchain ETF launch with a fund that focuses on Chinese blockchain companies

Closures

• BlackRock’s iShares announced it is shutting 16 smart-beta and currency-hedged ETFs

Contact Heather Bell at [email protected]