ETF Week: ProShares Targets Retail Decline
Plus, a fund offers leveraged exposure to pharmaceuticals.
Below is a roundup of key developments in the ETF space during the week started Nov. 13, 2017:
Launches
- ProShares rolled out two funds that seek to play the decline of brick-and-mortar stores and the success of online retail operations
- Direxion launched ETF offering 300% exposure to pharmaceutical stocks
Filings
- AdvisorShares’ “vice” ETF will target companies in the tobacco, alcohol and marijuana industries
- First Trust became the latest firm to file for a blockchain ETF
- Weatherstorm plans smart-beta real estate fund
- Proposed ETF will target large-cap stocks and update portfolio weekly
For more on launches, filings and closures, visit the ETF Watch page.
Contact Heather Bell at [email protected]