ETF Week: Prudential Debuts; Elkhorn Deal Fails
Plus, Barclays closes 50 iPath ETNs.
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There were four launches last week, including the first ETF from financial services giant Prudential, while Barclays finalized the shutdown of 50 iPath ETNs. But perhaps the most startling news was the confirmation that the acquisition of Elkhorn Investments by Veracen had fallen through.
Below is a roundup of launches and other events in the ETF space during the week of April 9, 2018:
Launches
- Prudential enters ETF market with ultra-short-term bond fund
- iShares rolls out gun-free small-cap ETF
- Pacer launches fund covering military-friendly employers
- VanEck debuts actively managed real assets ETF-of-ETFs
Closures
Barclays completes the closure of 50 of its iPath ETNs
Other Developments
- Elkhorn’s acquisition by Veracen falls through
Contact Heather Bell at [email protected]
