Archive

Archive for April, 2010

Schwab ETFs Surpass $1 Billion in Assets under Management Successful Client Adoption Further Indication that Schwab is a Leading Place for ETFs

April 12th, 2010

Charles Schwab Investment Management, Inc. (CSIM) announced today that assets under management in its eight Schwab exchange-traded funds (ETF) exceeded $1 billion on Read more…

SCHA, SCHB, SCHC, SCHE, SCHF, SCHG, SCHV, SCHX

Growing Success of ETFs in Europe

April 12th, 2010

The world’s biggest ETF conference kicked off in Amsterdam, the Netherlands, on Monday. “There’s obviously a tremendous amount of interest in the Europe about the ETF market,” Jim Wyandt from IndexUniverse.eu said. He and colleague Paul Amery discuss various Read more…

ETF BASIC NEWS, video

Europe Celebrates 10th Anniversary of ETF Launch

April 12th, 2010

Exchange Traded Funds (ETFs) have enjoyed a growing success in the past couple of years. The world’s biggest ETF conference takes place in Amsterdam Monday. Deborah Fuhr, MD at Blackrock, told CNBC that Sunday was the tenth anniversary of the first ETF product launched in Read more…

ETF BASIC NEWS, video

Credit Suisse Set To Begin Trading The Credit Suisse Cushing 30 MLP Index ETN (MLPN) Tomorrow April 13th

April 12th, 2010

Credit Suisse is set to begin trading the “Credit Suisse Cushing 30 MLP Index ETN” (MLPN) tomorrow April 13th. The return on the ETNs will be based on the performance of the Index during the term of the ETNs. The Index is reported by Bloomberg under the ticker symbol “MLPX <Index>”. The Index Read more…

MLPN

Move Over ‘Beta’ ETFs: Make Room for Alpha

April 11th, 2010

There’s a certain element out there in the investment community that believes that ETFs are supposed to be strictly low cost, plain vanilla, equity index funds, i.e. “cheap beta” products Read more…

MCRO, MNA, QAI

Friday April 9th ETF Movers: MDD, TAN

April 9th, 2010

In midday trading Friday, the SPDR International Mid-Cap ETF (AMEX:MDD) is outperforming other ETFs, up about 2.6% on the day. And Read more…

MDD, TAN, video

ETFs Gain A Foothold In Institutional Market

April 9th, 2010

Stamford, CT USA — Although exchange traded funds (ETFs) are most commonly thought of as a retail product, institutional investors are finding that ETFs can be helpful tools in such critical portfolio management tasks as cash equitization, transition management, rebalancing, and obtaining hard-to- Read more…

ETF BASIC NEWS

ProShares Announces Reverse Share Splits of Nine ETFs

April 9th, 2010

ProShares announced today that it will execute reverse share splits on nine ProShares ETFs. The reverse splits will be effective for shareholders of record after the close of the markets on April 14, 2010. Seven of the funds will execute a 1-for-5 reverse split of shares, and two will execute a 1-for- Read more…

NYSE:DUG, NYSE:EEV, NYSE:FXP, NYSE:GLL, SMN, SRS, URE, UYG, ZSL

Javelin Investment Management Launches JETS Contrarian Opportunities Index Fund (JCO)

April 9th, 2010

As the investment industry struggles with the challenge of delivering active strategies within the exchange-traded fund format, Princeton-based Javelin Investment Management thinks that its new index-based fund has found the sweet spot. Read more…

JCO

ETFS Physical Platinum Shares (PPLT) Passes $500M in AUM in Four Months since Launch

April 8th, 2010

ETF Securities announced today that assets under management of its physically-backed platinum ETF (NYSE: PPLT) is now at $534M as of April 1, 2010 Read more…

PALL, PPLT

ProShares Launches First Leveraged and Inverse Biotechnology ETFs

April 8th, 2010

ProShares, the leading manager of leveraged and inverse ETFs, announced today that it is launching the first ETFs with leveraged and inverse exposure to the biotechnology sector. The ETFs seek to provide 200% or -200% of the return of the NASDAQ Biotechnology Index® for a single day. Read more…

NASDAQ:BIB, NASDAQ:BIS

Dennis Gartman Makes His Case For Buying The SPDR Gold Shares (GLD)

April 8th, 2010

Dennis Gartman appeared on CNBC yesterday to make his pitch for why he is putting the SPDR Gold Shares (GLD) into his portfolio. What is his reason why? Diversification. Gartman points to continuing Euro Problems, cash flow he feels will not be into dollar, and gold is a real reserve asset. Gartman Read more…

NYSE:GLD, SGOL

(UPDATE) Javelin Pushed Out Trading The JETS Contrarian Opportunities Index Fund ETF (JCO) Until Friday April 9th

April 8th, 2010

Javelin announced an updated release date today for their JETS Contrarian Opportunities Index Fund ETF (JCO). JCO was to begin trading today. The fund is now scheduled to begin trading tomorrow, April 9th. We will provide more information as it becomes available.

JCO

Investors Turn To The China Technology ETF As Asian Competition Heats Up

April 7th, 2010

“Whatever happened to American television industry is about to happen to a big chunk of the high tech industry. Remember Zenith and RCA? Those American companies pioneered television technology Read more…

NYSE:CQQQ

Wednesday April 7th ETF Movers: GDX, IPD

April 7th, 2010

In midday trading Wednesday, the Market Vectors Gold Miners ETF (AMEX: GDX) is outperforming other ETFs, up about 3.1% on the day. And underperforming other ETFs today is the SPDR International Consumer Discretionary ETF (AMEX: IPD), down about 1.9% in Wednesday afternoon Read more…

IPD, NYSE:GDX, video

Copyright 2009-2012 ETFDAILYNEWS.COM

LOG