Exchange-traded funds

Spruce Launches Laurel "Machine Learning"-Driven ETF Portfolios for Investors and Financial Advisors

Retrieved on: 
Tuesday, April 16, 2019
Exchange-traded funds

Named by Spruce as "Laurel," the Laurel separate account ETF portfolios aim to combine the low cost and ease of use of ETFs with machine learning technologies to create defensive portfolios designed to adapt to changing market conditions.

Key Points: 
  • Named by Spruce as "Laurel," the Laurel separate account ETF portfolios aim to combine the low cost and ease of use of ETFs with machine learning technologies to create defensive portfolios designed to adapt to changing market conditions.
  • Spruce's Laurel portfolios aim to capture most of the S&P 500 or emerging market upside while avoiding larger future market declines.
  • "We are excited about the machine learning technology behind our Laurel portfolios and the defensive approach we feel it can provide to passive ETFs," said John Bailey, Founder and Managing Partner of Spruce Investment Advisors.
  • Although targets are provided to Spruce by the technology providers Spruce has complete discretion in managing the Laurel portfolios.

Horizons ETFs to Launch World's First U.S.-Focused Marijuana ETF

Retrieved on: 
Monday, April 15, 2019
Exchange-traded funds, Finance, Investment, Money, Silver exchange-traded product, ETF Securities

"The Horizons Marijuana Life Sciences Index ETF (HMMJ) was the first Marijuana ETF listed in the world.

Key Points: 
  • "The Horizons Marijuana Life Sciences Index ETF (HMMJ) was the first Marijuana ETF listed in the world.
  • About Horizons ETFs Management (Canada) Inc. ( www.HorizonsETFs.com )
    Horizons ETFs is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada.
  • Horizons ETFs has more than $10 billion of assets under management and 87 ETFs listed on major Canadian stock exchanges.
  • Commissions, management fees and expenses all may be associated with an investment in exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the "Horizons Exchange Traded Products").

DWS Group to Close and Liquidate Two ETFs

Retrieved on: 
Monday, April 15, 2019
Professional services, Banking, Finance, Exchange-traded funds, Finance, Investment, Financial services, ETF Securities, BetaShares

DWS Group today announced plans to close and liquidate two Xtrackers exchange-traded funds (ETFs) Xtrackers Germany Equity ETF (Cboe: GRMY) and Xtrackers MSCI United Kingdom Hedged Equity ETF (NYSE Arca: DBUK).

Key Points: 
  • DWS Group today announced plans to close and liquidate two Xtrackers exchange-traded funds (ETFs) Xtrackers Germany Equity ETF (Cboe: GRMY) and Xtrackers MSCI United Kingdom Hedged Equity ETF (NYSE Arca: DBUK).
  • DWS plans to close and liquidate these funds following a regular and ongoing process to review and evolve the Xtrackers product lineup to ensure the business continues to meet clients needs.
  • At the time the liquidation of the ETFs is complete, shares of the ETFs will be individually redeemed.
  • DWS Group (DWS) is one of the world's leading asset managers with USD 757.9 billion of assets under management (as of 31 December 2018).

SoFi Releases SoFi Select 500 (SFY) and SoFi Next 500 (SFYX) ETFs

Retrieved on: 
Thursday, April 11, 2019
Exchange-traded funds, Finance, SoFi, Economy, Money, Source UK Services, SPDR

SAN FRANCISCO, April 11, 2019 /PRNewswire/ -- SoFi announced today the availability of two new exchange-traded funds (ETFs), the SoFi Select 500 ETF (NYSE: SFY) and the SoFi Next 500 ETF (NYSE: SFYX).

Key Points: 
  • SAN FRANCISCO, April 11, 2019 /PRNewswire/ -- SoFi announced today the availability of two new exchange-traded funds (ETFs), the SoFi Select 500 ETF (NYSE: SFY) and the SoFi Next 500 ETF (NYSE: SFYX).
  • "When it comes to achieving financial independence, investing isn't a choice it's a requirement," said SoFi CEO Anthony Noto.
  • SoFi Select 500 ETF (SFY) is composed of the 500 largest publicly traded U.S. companies, while each stock's contribution to the ETF is based on the company's growth rates.
  • SoFi Next 500 ETF (SFYX) is composed of 500 mid-cap U.S. companies, and similarly, each stock's contribution to the ETF is based on the company's growth rates.

Global X Announces Availability of Model Portfolios through Envestnet

Retrieved on: 
Thursday, April 11, 2019
Exchange-traded funds, Global X ETFs

NEW YORK, April 11, 2019 /PRNewswire/ --Global X Management Company LLC (Global X), the New York-based provider of exchange traded funds (ETFs), today announced that a suite of seven proprietary ETF model portfolios will become available to financial advisors through the Envestnet platform.

Key Points: 
  • NEW YORK, April 11, 2019 /PRNewswire/ --Global X Management Company LLC (Global X), the New York-based provider of exchange traded funds (ETFs), today announced that a suite of seven proprietary ETF model portfolios will become available to financial advisors through the Envestnet platform.
  • The Global X Equity Thematic Disruptors portfolio provides a structured approach to selecting and weighting thematic ETFs that own stocks that Global X believes are disrupting traditional GICS sectors.
  • These model portfolios are tilted tactically to potentially benefit from shorter-term shifts across broad asset classes, while also maintaining exposures that Global X believes will outperform over the long run.
  • "We are delighted to launch Global X's model portfolios," Estee Jimerson, Managing Director, Head of Asset Manager Network at Envestnet.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Wednesday, April 10, 2019
Professional services, Finance, Finance, Money, Economy, Investment funds, Investment companies, Funds, Institutional investors, Closed-end fund, Mutual fund, Investment trust, Unit investment trust, Exchange-traded funds

FTA has collective assets under management or supervision of approximately $127 billion as of March 31, 2019 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $127 billion as of March 31, 2019 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Principal Risk Factors: A Fund's shares will change in value, and you could lose money by investing in a Fund.
  • First Trust Municipal CEF Income Opportunity ETF (MCEF) and First Trust CEF Income Opportunity ETF (FCEF) invest in closed-end funds (CEFs).
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.

Ultimus Hosts Panel Covering The Evolving ETF Landscape

Retrieved on: 
Wednesday, April 10, 2019
Economy of Chicago, Economy of the United States, Exchange-traded funds, Chicago Board Options Exchange, Cboe Global Markets, Ultimus, Financial markets

HAUPPAUGE, N.Y., April 10, 2019 /PRNewswire/ -- Ultimus Fund Solutions (Ultimus), today shares insights from a panel of regulatory and fund product experts (via a video) from a recent industry event they hosted.

Key Points: 
  • HAUPPAUGE, N.Y., April 10, 2019 /PRNewswire/ -- Ultimus Fund Solutions (Ultimus), today shares insights from a panel of regulatory and fund product experts (via a video) from a recent industry event they hosted.
  • The panel, "The Evolving ETF Landscape," was moderated by Paul McMillan , Managing Editor, Fund Intelligence and featured Brian Privor , Chief Regulatory Officer, Northern Lights Compliance Services, LLC, Robert J. Marrocco , Director, Listings, Cboe Global Markets, and Kyle Murray , Assistant General Counsel, Cboe Global Markets.
  • Best practices for smaller ETF issuers (e.g., seed capital vs. leveraging market makers)
    Mr. Privor added, "The ETF Rule, once approved, could prove to be a double-edged sword.
  • Ultimus stands out as an award-winning, trusted business partner by helping investment advisers and fund families navigate and flourish in today's increasingly sophisticated and dynamic industry landscape.

Endowment Index™ Gains 10.26% in Q1; Best Quarter since 2014 Inception

Retrieved on: 
Wednesday, April 10, 2019
Exchange-traded funds, Finance, Economy, Money, S&P Dow Jones Indices

The Endowment Index represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy.

Key Points: 
  • The Endowment Index represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy.
  • Each of the 19 sub-indexes that currently comprise the Index are investable, and contained within those sub-indexes are over 34,000 underlying securities.
  • Visit EndowmentIndex.com to download longer term index price and performance data.
  • ETF Model Solutions , LLCserves its clients as an ETF strategist, designing and managing ETF-based investment solutions for advisers, institutions, retirement plans and individual investors based upon the Endowment Investment Philosophy.

Microsectors™ Launches Leveraged and Inverse Leveraged U.S. Big Oil Exchange Traded Notes on NYSE Arca

Retrieved on: 
Wednesday, April 10, 2019
Exchange-traded note, New York Stock Exchange, Finance, Financial markets, Exchange-traded funds, Alerian, Economy of the United States, Boost ETP

NEW YORK, April 10, 2019 /PRNewswire/ -REX Shares, LLC (REX) has announced another expansion of their MicroSectors brand with the launch of a suite of Leveraged and Inverse Leveraged (L&I) Exchange Traded Notes (the ETNs).

Key Points: 
  • NEW YORK, April 10, 2019 /PRNewswire/ -REX Shares, LLC (REX) has announced another expansion of their MicroSectors brand with the launch of a suite of Leveraged and Inverse Leveraged (L&I) Exchange Traded Notes (the ETNs).
  • MicroSectors U.S. Big Oil Index 3x Leveraged ETN (NRGU), MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN (NRGD), MicroSectors U.S. Big Oil Index 2x Leveraged ETN (NRGO), MicroSectors U.S. Big Oil Index -2x Inverse Leveraged ETN (NRGZ), and MicroSectors U.S. Big Oil Index Inverse ETN (YGRN) started trading today on NYSE Arca.
  • The Solactive MicroSectors U.S. Big Oil Index is an equal-dollar weighted index designed to track the prices of the 10 U.S. stocks in the oil/energy sector with the largest free-float market capitalization.
  • "By offering MicroSectors ETNs, we can give investors a precise way to target their exposure to highly traded oil and energy companies."

Global X Launches GNOM: An ETF targeting the Transformative Genomics Industry

Retrieved on: 
Tuesday, April 9, 2019
Exchange-traded funds, Finance, Global X ETFs, Solactive, Financial services, AdvisorShares, BetaShares

NEW YORK, April 9, 2019 /PRNewswire/ --Global X ETFs, the New York-based provider of exchange-traded funds, announced today the launch of the 13th fund in its Thematic Growth suite, the Global X Genomics & Biotechnology ETF (Nasdaq: GNOM) .

Key Points: 
  • NEW YORK, April 9, 2019 /PRNewswire/ --Global X ETFs, the New York-based provider of exchange-traded funds, announced today the launch of the 13th fund in its Thematic Growth suite, the Global X Genomics & Biotechnology ETF (Nasdaq: GNOM) .
  • Global X Management Company LLC serves as an advisor to Global X Funds.
  • The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC.
  • Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds.