ETF Daily News: Thursday, July 12th ETF Movers
In trading on Thursday, the iPath Short Extended Russell 1000 TR ETN (NYSEARCA:ROSA) is outperforming other ETFs, up about 29.73% on the day. Also up on the day is the Read more…
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In trading on Thursday, the iPath Short Extended Russell 1000 TR ETN (NYSEARCA:ROSA) is outperforming other ETFs, up about 29.73% on the day. Also up on the day is the Read more…
Ron Rowland: For all the stock market’s current woes, the initial public offering for Facebook, Inc. (NASDAQ:FB) created plenty of excitement this month. Unfortunately, some of it was the wrong kind of excitement. Now the company must deal Read more…
Michael Johnston: Today is the day: Facebook Inc. (NASDAQ:FB) finally becomes a public company, trading on the Nasdaq under the ticker symbol FB. The highly anticipated ETF is expected to bring massive trading volumes, and interest should remain elevated for the next several sessions. Read more…
Eric Dutram: As the economy starts to improve, the IPO market has become increasingly popular among a variety of investors. Many of these newly public companies are either in the tech or social media space, giving investors access to firms that are in one of the few high growth areas in the developed world. Read more…
UBS Investment Bank announced today that the ETRACS Internet IPO ETN (NYSEArca:EIPO), the Monthly 2xLeveraged ETRACS Internet IPO ETN (NYSEArca:EIPL) and the Read more…
Michael Johnston: As the ETF industry has grown by leaps and bounds over the past few years, innovation has been a recurring theme in the space. Although some of the new exchange-traded products now hitting the market offer access to “plain vanilla” asset classes and indexes, the ETF expansion has Read more…
NASDAQ:FONE, NASDAQ:SOCL, NYSE:EIPO, NYSE:SSDD, PXN, QID, QLD
UBS has announced that the NYSE Arca will begin trading two of their ETNs under new names at the opening of business on Monday, November21, 2010. The issue symbols and CUSIPs will not be changed. The two funds affected are the Read more…
In trading on Tuesday, the First Trust China AlphaDEX (NYSE:FCA) is outperforming other ETFs, up about 14.22% on the day. Also up on the day are the Read more…
NASDAQ:IFNA, NYSE:CVOL, NYSE:EIPO, NYSE:FCA, NYSE:GWO, NYSE:JJN
Todd Shriber: All the fervor surrounding recent and upcoming Internet IPOs has plenty of folks drawing comparisons to Silicon Valley circa 1999-2000. While I count myself among those seeing the comparisons as valid, I sure hope the comparisons prove wrong. Read more…
The growth of the ETP lineup to 1,300 products and beyond has been fueled largely by the development–and success–of funds other than the “plain vanilla” offerings that offer exposure to well known stock and bond indexes. As the ETF industry has grown in size, it has also become more Read more…
Global X, the quickly growing ETF issuer known for its unique sector specific products, announced more plans to expand its ETF lineup. The company released information on a proposed Social Media Index ETF which will track the Solactive Social Media Index. If approved by the SEC, the new fund Read more…
UBS Investment Bank announced that today is the first day of trading on the NYSE Arca for two ETRACS Exchange Traded Notes (the “Internet IPO ETNs”) linked to the performance of the UBS Internet IPO Index (the “Index”). Investors now have the ability to gain either unleveraged or leveraged exposure to a portfolio of Internet-related companies that have gone public within the last three years, all by way Read more…
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