NYSEArca:GLD, NYSEArca:IAU, NYSEArca:GDX, NYSEArca:SGOL, NYSEArca:AGOL
BOSTON — September 17, 2009 — State Street Global Advisors (SSgA), the investment management arm of State Street Corporation (NYSE: STT), today announced that the SPDR® Wells Fargo® Preferred Stock ETF (PSK) began trading
The Boston Options Exchange “BOX” will eliminate trading fees for three exchange traded funds “ETF’s”. They will eliminate the fees on three ETF’s in hopes to gain business in options trading for these funds. The three ETF’s are SPDR Trust Series (SPY), the PowerShares QQQ Trust (QQQQ) and the iShares Russell 2000 Index Fund (IWM).
Several analysts are bullish on gold right for reasons such as the threat of inflation or potential weakening of the dollar. However if you want to invest in gold ETFs be careful. Not all ETFs are created equal. According to Toni Straka from The Prudent Investor some ETFs hold paper contracts and claim no liability […]
In April 2008, State Street’s intermediary business group, which is the investment management arm of State Street Corporation, launched SPDR University—an agile learning portal exclusively for financial advisors. The intermediary business group is responsible for distributing its SPDR (pronounced “spider”) Exchange Traded Funds (ETFs) and additional products via financial advisors, brokers, and other investment professionals. […]
“The latest offering from State Street, SPDR KBW Mortgage Finance ETF (KME), began trading today. The new ETF is designed to track a Keefe, Bruyette & Woods (KBW) index of the 24 largest mortgage finance companies listed on U.S. exchanges. KME is the first new equity ETF in the SPDR family since last July, when […]
With market volatility still a concern and Treasury yields relatively low, State Street Global Advisors has filed to launch a new municipal bond exchange-traded fund. The SPDR S&P Municipal VRDO ETF will track an index of variable rate demand obligations. Those are debt issues by states, local governments and other agencies which pay interest exempt […]
UAE. The World Gold Council (WGC) has today announced the appointment of Jason Toussaint as Managing Director of Exchange Traded Gold (ETG) Toussaint will be based in WGC’s New York Office and joins the organisation from his position as Senior Vice President and Senior Investment Strategist at Northern Trust Global Investments. He has over 14 years […]