SSgA Files For A Third Preferred Stock ETF; The SSgA ETF would compete head-to-head against two others already on the market.

Share This Article
May 5, 2009 12:01pm NYSE:PFF NYSE:PGX

etf-news7State Street Global Advisors has filed to launch an exchange-traded fund that would invest in nonconvertible preferred stocks.

It would trade on the NYSE Arca and seek to replicate the Wells Fargo Hybrid and Preferred Securities Aggregate Index. No cost information was supplied in the filing.

Full Story: http://www.indexuniverse.com/sections/newsinfocus/5803-ssga-files-for-another-preferred-stock-etf-.html



7 "SAFE HAVEN" Dividend Stocks for Turbulent Times

Read Next



Free Investing Ideas Newsletter!

Join over 70,000 investors who get the latest insights and top rated picks from our free investment newsletter.

Most Popular



7 Best ETFs for the NEXT Bull Market

Explore More from ETFDailyNews.com

Free Investment Newsletter

Join over 70,000 investors who get the latest insights and top rated picks from our free investment newsletter.

ETFDailyNews.com respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories