SPDR

Tuttle Capital Management Launches 2x Inverse Regional Bank ETF

Retrieved on: 
Thursday, January 4, 2024

GREENWICH, Conn., Jan. 04, 2024 (GLOBE NEWSWIRE) -- via IBN -- The 2x Inverse Regional Bank ETF, (NASDAQ: SKRE), will start trading today at the Nasdaq Exchange.

Key Points: 
  • GREENWICH, Conn., Jan. 04, 2024 (GLOBE NEWSWIRE) -- via IBN -- The 2x Inverse Regional Bank ETF, (NASDAQ: SKRE), will start trading today at the Nasdaq Exchange.
  • The fund uses swaps to gain inverse daily 2x exposure to the SPDR S&P Regional Banking ETF (Symbol: KRE).
  • Matthew Tuttle, CEO of Tuttle Capital, said in a news release that SKRE is a trading tool that has long been needed in the marketplace.
  • “This year saw a number of regional banks go under” Tuttle said.

EQS-News: Investing made easy: SMARTBROKER+ launches ETF savings plan offer

Retrieved on: 
Tuesday, November 7, 2023

With today’s launch of ETF savings plans, customers will benefit from a significantly expanded portfolio of free investment opportunities.

Key Points: 
  • With today’s launch of ETF savings plans, customers will benefit from a significantly expanded portfolio of free investment opportunities.
  • In addition, customers can choose from around 700 free mutual fund and 300 fee-based single-share savings plans, thus tripling the previous offer of single-share savings plans.
  • In addition to the international trading venues, the ETF savings plan offering is an enormously important component.
  • “In addition, ETFs offer a good opportunity to save for the long term and thus provide for old age.

Morgan Stanley Investment Management Expands ETF Platform with Five Active ETFs

Retrieved on: 
Thursday, October 19, 2023

Morgan Stanley Investment Management (“MSIM”) today announced the listing of five new ETFs on NYSE Arca.

Key Points: 
  • Morgan Stanley Investment Management (“MSIM”) today announced the listing of five new ETFs on NYSE Arca.
  • “Following the successful launch of MSIM’s ETF platform earlier this year, the new additions to the platform further capitalize on the deep experience of our investment teams and client-focused approach by delivering actively-managed strategies through the in-demand ETF structure,” said Anthony Rochte, Global Head of ETFs at MSIM.
  • The five new ETFs advised by MSIM include:
    All five of the ETF strategies will be actively managed and are designed to meet specific investor goals.
  • MSIM launched its ETF platform in February 2023 with six Calvert-branded ETFs, which total approximately $400 million in assets under management as of September 30, 2023.

SPDR® Investor Survey Highlights Role of Education in Gold ETF Adoption

Retrieved on: 
Tuesday, September 19, 2023

According to the research, there is significant opportunity for investor education when it comes to gold investments, and advisors are playing an important role in helping clients understand its role in portfolios.

Key Points: 
  • According to the research, there is significant opportunity for investor education when it comes to gold investments, and advisors are playing an important role in helping clients understand its role in portfolios.
  • Furthermore, only 41% of surveyed investors agree that they understand what influences the price of gold, compared to 75% among those who actually do have gold in their portfolios.
  • When it comes to investing in gold ETFs, the advisors’ role as educator is critical.
  • The survey also revealed approximately three in four gold ETF investors (73%) agree that gold ETFs have improved the performance of their investment portfolio, with three-fourths (76%) reporting that ETFs are a more cost-effective way to invest in gold.

State Street Global Advisors Enhances SPDR® Portfolio ETF™ Suite With New Low-Cost Dividend ETF

Retrieved on: 
Tuesday, September 12, 2023

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the SPDR® Portfolio S&P Sector Neutral Dividend ETF (SPDG) .

Key Points: 
  • State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced the launch of the SPDR® Portfolio S&P Sector Neutral Dividend ETF (SPDG) .
  • “SPDG is a compelling addition to our low-cost SPDR Portfolio ETF lineup as well as our broader dividend income suite,” said Matthew Bartolini, head of SPDR Americas Research at State Street Global Advisors.
  • US-listed dividend equity ETFs have had inflows in 36 out of the last 37 months, accumulating $129 billion in assets.1
    Beyond its income focus, SPDG is the newest addition to our suite of 23 low-cost SPDR Portfolio ETFs.
  • SPDR Portfolio ETFs are backed by the same team and processes that have made SPDR a leader in ETF investing.

State Street Global Advisors Enhances its SPDR® Portfolio ETF™ Suite

Retrieved on: 
Tuesday, August 1, 2023

“Low-cost ETFs are attractive to buy and hold investors who want to limit the impact of fees on the long-term performance of their portfolios,” said Sue Thompson, Head of SPDR Americas Distribution at State Street Global Advisors.

Key Points: 
  • “Low-cost ETFs are attractive to buy and hold investors who want to limit the impact of fees on the long-term performance of their portfolios,” said Sue Thompson, Head of SPDR Americas Distribution at State Street Global Advisors.
  • Our research shows that over the course of a decade, a portfolio invested at the median cost of US-domiciled mutual funds would have given up 8.2% of starting principal to fees.3
    “Educating investors and advisors about how ETFs can help to reduce total cost of ownership is a key focus for State Street Global Advisors.
  • Launched in 2017, the SPDR Portfolio ETF suite is designed to provide investors greater choice in low-cost ETFs.
  • SPDR Portfolio ETFs are backed by the same team and processes that have made SPDR a leader in ETF investing.

SPDR® Gold MiniShares® Trust Marks 5th Anniversary with Over $6 Billion in Assets

Retrieved on: 
Monday, June 26, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230624979518/en/
    A majority of investors familiar with gold ETFs agree they are an investor-friendly product.
  • “The launch of the world’s first gold ETF, SPDR® Gold Shares (GLD®) , nearly two decades ago broke many perceived barriers to investing in gold.
  • Among these investors, the average gold allocation is 14% of portfolio assets and nearly half (47%) hold gold ETFs.
  • For investors familiar with gold ETFs, 60% believe gold ETFs are the best way to invest in the commodity.

UMB announces the addition of former State Street executive to Investment Managers Series Trust board

Retrieved on: 
Thursday, June 22, 2023

UMB Fund Services announced today the addition of Jim Ross to the Investment Managers Series Trust (IMST) Board of Trustees.

Key Points: 
  • UMB Fund Services announced today the addition of Jim Ross to the Investment Managers Series Trust (IMST) Board of Trustees.
  • Ross joins the board with more than 30 years of experience managing and marketing ETFs, mutual funds, and managed accounts.
  • “Jim’s extensive background in the asset management industry makes him a natural fit to join UMB’s IMST board,” said Maureen Quill, UMB executive director, registered funds.
  • He holds numerous other board positions including SPDR Series Trust 40 Act Board and Select Sector SPDR Trust 40 Act Board, which manage over 140 SPDR ETFs combined.

State Street Global Advisors to Extend Proxy Voting Choice to ETFs and Mutual Funds

Retrieved on: 
Monday, May 22, 2023

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced it will offer more investors, including those owning its US ETFs and US mutual funds, the power to choose a voting policy that directs the proxy votes of shares owned in the index equity funds in which they are invested.

Key Points: 
  • State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced it will offer more investors, including those owning its US ETFs and US mutual funds, the power to choose a voting policy that directs the proxy votes of shares owned in the index equity funds in which they are invested.
  • Additionally, by partnering with a leading financial technology provider, State Street Global Advisors will give investors in certain US equity index SPDR ETFs and US mutual funds managed by the firm, which primarily hold US securities, the ability to direct the voting of the shares owned by those funds by giving investors in those funds the power to choose a proxy voting policy that applies to the voting of shares held by the funds.
  • The firm’s goal is to include all eligible index equity US SPDR ETFs and US mutual funds managed by the firm in the proxy voting program by the end of 2024.
  • Similar to separately managed accounts, shareholders of institutional funds that are eligible for the program can continue to delegate their votes to the State Street Global Advisors Asset Stewardship team by choosing not to opt in to the firm’s proxy voting program and have State Street Global Advisors continue to vote the shares held by the funds in which they are invested.

Innovator ETFs Announces Latest Upside Caps for May Series of U.S. Equity Buffer ETFs™

Retrieved on: 
Monday, May 1, 2023

CHICAGO, May 01, 2023 (GLOBE NEWSWIRE) -- Innovator Capital Management , LLC (Innovator) today announced the new upside caps and return profiles for the May series of the U.S. Equity Buffer ETFs™ – Innovator U.S. Equity Buffer ETF™ – May (BMAY), Innovator U.S. Equity Power Buffer ETF™ – May (PMAY) and Innovator U.S. Equity Ultra Buffer ETF™ – May (UMAY) – which completed their third annual outcome period and reset at the end of April.

Key Points: 
  • CHICAGO, May 01, 2023 (GLOBE NEWSWIRE) -- Innovator Capital Management , LLC (Innovator) today announced the new upside caps and return profiles for the May series of the U.S. Equity Buffer ETFs™ – Innovator U.S. Equity Buffer ETF™ – May (BMAY), Innovator U.S. Equity Power Buffer ETF™ – May (PMAY) and Innovator U.S. Equity Ultra Buffer ETF™ – May (UMAY) – which completed their third annual outcome period and reset at the end of April.
  • The 36 total ETFs in the flagship U.S. Equity Buffer ETF lineup seek to provide investors with upside participation, to a cap, in Large-cap U.S. stocks via options on the SPDR S&P 500 ETF Trust (SPY) with buffers against market losses of 9%, 15% or 30% over one-year periods.
  • The ETFs are designed to reset annually or quarterly and can be held indefinitely.
  • Return profiles for the Innovator U.S. Equity Buffer ETFs™ – May Series, as of 5/1/2023