FocusShares ETFs Launched Yesterday Plunge In Latest Apparent Flash Crash (FMU, FLG, FMM, FOS, FBM, FCQ, FCL, FCD, FEG, FFL, FHC, FIL, FRL, FTQ, FUI)
March 31st, 2011
A flash crash reminiscent price plunge forced the Nasdaq OMX to cancel the trades on new exchange-traded funds that on Thursday saw their share prices tank. Reuters is reporting that, “The ETFs, sponsored by Scottrade affiliate FocusShares, started trading on Wednesday and on Thursday plunged Read more…
ETF BASIC NEWS, NYSE:FBM, NYSE:FCD, NYSE:FCL, NYSE:FCQ, NYSE:FEG, NYSE:FFL, NYSE:FHC, NYSE:FIL, NYSE:FLG, NYSE:FMM, NYSE:FMU, NYSE:FOS, NYSE:FRL, NYSE:FTQ, NYSE:FUI
FocusShares, LLC, a registered investment advisor (RIA), exchange-traded fund (ETF) sponsor and affiliate of online investing firm Scottrade, Inc., today launched 15 new low-cost ETFs benchmarked to indexes licensed from Morningstar, Inc. The FocusTM Morningstar ETFs begin trading today on 
FocusShares will begin trading its new “Focus Morningstar Consumer Defensive Index ETF” (NYSE:FCD) Wednesday, March 30, 2011. The Focus Morningstar Consumer Defensive Index ETF (the “Fund”) seeks to provide investment results that correspond, before fees and expenses, generally to 
FocusShares has filed paperwork with the SEC for a “Focus Morningstar Consumer Defensive Index ETF.” The Focus Morningstar Consumer Defensive Index ETF (the “Fund”) seeks to provide 
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