Self Directed Investor Inc
SDI: "Empowering investors with ideas and education"
Symbol Lookup »  
Topics:ChinaETFsEarningsEconomyEnergyForexGoldIncomeLessonsIdeasTrading

  • Other news: News from PR Newswire
| More

October ETF Roundup: Launches, Filings And Closures

Fri, Nov 2, 1:55 PM ET, by Michael Johnston

October may have started off well in the markets, but after a series of poor earning reports major equity indexes went into a tail spin, landing much lower than many expected to be. Many of the new ETFs that were proposed earlier this year are now finally coming to market, offering unique and potentially profitable investment options; October saw the debut of the newest actively managed fund, as well as an interesting “core” lineup aimed towards long-term investors [for updates on all new ETFs, sign up for the free ETFdb newsletter].

Wall Street was hit by poor earnings and lackluster developments on the product front, with the closing of thirty funds by the end of the month, all from only two issuers. At the same time, filing activity remains strong; issuers of all shapes and sizes continue to stuff new ideas into the pipeline, and hopefully we will see more of these funds launch before the end of the year [see Free Member Report: How To Pick The Right ETF Every Time].

New ETFs

New exchange-traded products that began trading in October include:

    1. IQ Hedge Market Neutral Tracker ETF (QMN): IndexIQ started the month of launches with its market nuetural ETF, which will seek to replicate an index of long and short positions in a number of asset classes while minimizing systematic risk.
    2. Ready Access Variable Income Fund (RAVI): FlexShares launched an actively-managed ETF that will deliver maximum current income by creating a portfolio of investment grade bonds.
    3. The Barclays ETN + Shiller CAPE (CAPE): Barclays iPath teamed up with Dr. Robert Shiller to find the perfect application for his cyclically adjusted price earnings ratio, which is at the heart of this new fund. The underlying index aims to provide long exposure to the top four undervalued U.S. equity sectors.
    4. Short-Term Inflation-Protected Securities Index Fund (VTIP): Vanguard made a new addition earlier this month with the introduction of VTIP, which will target inflation protected U.S. securities with five or less years to maturity.
    5. Emerging Markets Core ETF (EMCR): EG Shares, looking to expand its international funds, has brought this ETF of over 100 equally weighted companies that the S&P Dow Jones have determined to be representative of all industries in emerging market economies.
    6. ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL): UBS added to its ETN portfolio a product designed to offer monthly exposure to the Market Vectors Global Mortgage REITs Index which boasts a target yield of 25%.
    7. S&P 500 High Dividend Portfolio (SPHD): PowerShares announced the launch of yet another factor-based fund that will offer exposure to large cap dividend paying stock, seeking to replicate an index of equities that have historically high dividend yields and low volatility.
    8. Core Short-Term US Bond ETF (ISTB), Core MSCI EAFE ETF (IEFA), Core MSCI Emerging Markets ETF (IEMG), and Core MSCI Total International Stock ETF (IXUS): iShares launched its 'core series' in October, four ETFs that are designed to be the building blocks for long-term ETF portfolios. iShares also updated eight of its existing funds, changing expense ratios and names on several popular ETFs.

Coming Soon

A number of filings for new products hit the wire in September, many of which could begin trading at some point in the fourth quarter:

      • QuantShares and LocalShares jumped onto the scene early in October, with QuantShares filing for six new funds focused on ‘smart betas’, and LocalShares turning its attention to a Nashville only ETF
      • ETC and Van Eck both filed with the SEC for new funds, ETC focusing on forensic accounting in its new fund while Van Eck works on non-agency mortgage backed securities.
      • iShares and WisdomTree are both looking to introduce new corporate bond funds, with iShares using its existing bond fund, LQD, as a template, while WidomTree will look outside of the U.S. for current income.
      • AdvisorShares was the last to file in October, with an intriguing international bear ETF focused on capital appreciation through short sales of securities.

ETF Closings

Though there was tons of activity in the way of ETF creation, one company decided to close the doors on almost all of its ETFs while another cut some dead weight from its portfolio:

      • Russell closed all but one of its 26 ETFs on October 24th: 1000 High Beta (HBTA), 1000 Low Beta (LBTA), 1000 High Volatility (HVOL), 1000 Low Volatility (LVOL), 1000 High Momentum (HMTM), 2000 High Beta (SHBT), 2000 Low Beta (SLBT), 2000 High Volatility (SHVY), 2000 Low Volatility (SLVY), 2000 High Momentum (SHMO), Developed ex-US Low Beta (XLBT), Developed ex-US Low Volatility (XLVO), Developed ex-US High Momentum (XHMO), Aggressive Growth (AGRG), Consistent Growth (CONG), Contrarian (CNTR), Equity Income (EQIN), Growth at a Reasonable Price (GRPC), Low P/E (LWPE), Small Cap Aggressive Growth (SGGG), Small Cap Consistent Growth (SCOG), Small Cap Contrarian (SCLP), High Dividend Yield (HDIV), and Small Cap High Dividend Yield (DIVS)
      • Global X liquidated four of its most unhealthy ETFs on October 26th: Aluminum (ALUM), Auto (VROM), NASDAQ 400 Mid Cap (QQQM), and NASDAQ 500 (QQQV).

Disclosure: No positions at time of writing.

Click here to read the original article on ETFdb.com.


SDI Glossary: "Beta" Definition
SDI Glossary: "Bond" Definition
SDI Glossary: "price" Definition
SDI Glossary: "Dividend" Definition
SDI Glossary: "Equity" Definition
SDI Glossary: "ETFs" Definition
SDI Glossary: "Inflation" Definition
SDI Glossary: "iShares" Definition
SDI Glossary: "Mortgage REIT" Definition
SDI Glossary: "NASDAQ" Definition
SDI Glossary: "Short" Definition
SDI Glossary: "Stock" Definition
SDI Glossary: "TA" Definition
SDI Glossary: "Yield" Definition
This Article's Word Cloud:   Aggressive   Beta   Consistent   Contrarian   Core   Developed   Dividend   ETFdb   ETFs   Emerging   Global   Growth   High   MSCI   Markets   Momentum   October   Short   Small   Volatility   activity   both   exposure   filing   focused   four   fund   funds   have   iShares   index   international   investment   long   many   market   month   offer   only   portfolio   product   securities   started   that   this   time   which   while   will   with

| More

KME Crosses Above Key Moving Average Level
Fri, Aug 29, 4:14 PM ET, by ETF Channel

In trading on Friday, shares of the SPDR S&P Mortgage Finance ETF (KME) crossed above ...

Shares of RINF Now Oversold
Fri, Aug 29, 3:54 PM ET, by ETF Channel

In trading on Friday, shares of the Proshares 30 Year TIPS/TSY Spread ETF (RINF) entered ...

See How Chevron Ranks Among Analysts' Top Dow 30 Picks
Fri, Aug 29, 11:54 AM ET, by ETF Channel

A study of analyst recommendations at the major brokerages shows that Chevron Corporation (CVX) is ...

Vanguard Health Care ETF Experiences Big Inflow
Fri, Aug 29, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: VHT Exchange traded funds (ETFs) trade just like stocks, but ...

IYR, SPG, AMT, CCI: ETF Inflow Alert
Fri, Aug 29, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: IYR, SPG, AMT, CCI Exchange traded funds (ETFs) trade just ...

EWP: ETF Outflow Alert
Fri, Aug 29, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: EWP Exchange traded funds (ETFs) trade just like stocks, but ...

Vanguard Extended Market ETF Experiences Big Inflow
Fri, Aug 29, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: VXF Exchange traded funds (ETFs) trade just like stocks, but ...

Lockheed Martin a Top 25 Dividend Giant With 3.06% Yield (LMT)
Fri, Aug 29, 8:14 AM ET, by ETF Channel

Lockheed Martin Corp. (LMT) has been named as a Top 25 ''Dividend Giant'' by ETF ...

Why Cincinnati Financial is a Top 25 SAFE Dividend Stock (CINF)
Fri, Aug 29, 8:14 AM ET, by ETF Channel

Cincinnati Financial Corp. (CINF) has been named to the Dividend Channel ''S.A.F.E. ...

General Dynamics Achieves #117 Analyst Rank, Surpassing Prudential Financial
Thu, Aug 28, 12:14 PM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

IEMG, BAP, MBT, SCCO: ETF Inflow Alert
Thu, Aug 28, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: IEMG, BAP, MBT, SCCO Exchange traded funds (ETFs) trade just ...

IYM, LYB, PX, FCX: Large Inflows Detected at ETF
Thu, Aug 28, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: IYM, LYB, PX, FCX Exchange traded funds (ETFs) trade just ...

BLV: ETF Inflow Alert
Thu, Aug 28, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: BLV Exchange traded funds (ETFs) trade just like stocks, but ...

IEF: Large Outflows Detected at ETF
Thu, Aug 28, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: IEF Exchange traded funds (ETFs) trade just like stocks, but ...

Proshares Short 20+ Year Treasury Getting Very Oversold
Thu, Aug 28, 10:54 AM ET, by ETF Channel

In trading on Thursday, shares of the Proshares Short 20+ Year Treasury ETF (TBF) entered ...

iShares MSCI Switzerland Capped Breaks Below 200-Day Moving Average - Notable for EWL
Thu, Aug 28, 10:54 AM ET, by ETF Channel

In trading on Thursday, shares of the iShares MSCI Switzerland Capped ETF (EWL) crossed below ...

TTT Crowded With Sellers
Thu, Aug 28, 10:54 AM ET, by ETF Channel

In trading on Thursday, shares of the Proshares UltraPro Short 20+ Year Treasury ETF (TTT) ...

TMV Crosses Critical Technical Indicator
Thu, Aug 28, 10:54 AM ET, by ETF Channel

In trading on Thursday, shares of the Daily 20+ Year Treasury Bear 3x Shares ETF ...

11.7% of FPX Holdings Seeing Recent Insider Buys
Thu, Aug 28, 9:54 AM ET, by ETF Channel

A look at the weighted underlying holdings of the First Trust US IPO Index Fund ...

Cullen/Frost Bankers a Top Ranked SAFE Dividend Stock With 2.6% Yield (CFR)
Thu, Aug 28, 9:54 AM ET, by ETF Channel

Cullen/Frost Bankers, Inc. (CFR) has been named to the Dividend Channel ''S.A.F.E. ...

CenturyLink a Top Socially Responsible Dividend Stock With 5.3% Yield (CTL)
Thu, Aug 28, 9:54 AM ET, by ETF Channel

CenturyLink, Inc. (CTL) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, ...

Canadian Dollar Trust (FXC) Shares Cross Above 200 DMA
Wed, Aug 27, 4:14 PM ET, by ETF Channel

In trading on Wednesday, shares of the Canadian Dollar Trust ETF (FXC) crossed above their ...

GDX, GG, ABX, NEM: ETF Inflow Alert
Wed, Aug 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: GDX, GG, ABX, NEM Exchange traded funds (ETFs) trade just ...

FXU, POM, TDS, GXP: Large Outflows Detected at ETF
Wed, Aug 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: FXU, POM, TDS, GXP Exchange traded funds (ETFs) trade just ...

QQQ, AAPL, MSFT, GOOG: Large Inflows Detected at ETF
Wed, Aug 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: QQQ, AAPL, MSFT, GOOG Exchange traded funds (ETFs) trade just ...

KRE, CIT, UBSI, HBAN: Large Inflows Detected at ETF
Wed, Aug 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: KRE, CIT, UBSI, HBAN Exchange traded funds (ETFs) trade just ...

iShares Russell 1000 Value ETF Experiences Big Inflow
Wed, Aug 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: IWD, GE, JNJ, WFC Exchange traded funds (ETFs) trade just ...

CURE: Large Outflows Detected at ETF
Wed, Aug 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: CURE Exchange traded funds (ETFs) trade just like stocks, but ...

IJH, URI, SLG, HSIC: Large Inflows Detected at ETF
Wed, Aug 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: IJH, URI, SLG, HSIC Exchange traded funds (ETFs) trade just ...

VUG, FB, AMGN, AXP: ETF Inflow Alert
Wed, Aug 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: VUG, FB, AMGN, AXP Exchange traded funds (ETFs) trade just ...

11.6% of FTHI Holdings Seeing Recent Insider Buys
Wed, Aug 27, 9:44 AM ET, by ETF Channel

A look at the weighted underlying holdings of the First Trust High Income ETF (FTHI) ...

MO a Top 25 Dividend Giant With $3.11B Held By ETFs
Wed, Aug 27, 8:14 AM ET, by ETF Channel

Altria Group Inc (MO) has been named as a Top 25 ''Dividend Giant'' by ETF ...

Analog Devices a Top Socially Responsible Dividend Stock With 2.8% Yield (ADI)
Wed, Aug 27, 8:14 AM ET, by ETF Channel

Analog Devices, Inc. (ADI) has been named a Top Socially Responsible Dividend Stock by Dividend ...

PowerShares Cleantech Portfolio (PZD) Shares Cross Above 200 DMA
Tue, Aug 26, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the PowerShares Cleantech Portfolio ETF (PZD) crossed above their ...

Navient Achieves #139 Analyst Rank, Surpassing Dover
Tue, Aug 26, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

OIH, SLB, NOV, SDRL: Large Inflows Detected at ETF
Tue, Aug 26, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: OIH, SLB, NOV, SDRL Exchange traded funds (ETFs) trade just ...

FCG Makes Bullish Cross Above Critical Moving Average
Tue, Aug 26, 10:54 AM ET, by ETF Channel

In trading on Tuesday, shares of the First Trust ISE-Revere Natural Gas Index Fund ETF ...

NGE Crosses Critical Technical Indicator
Tue, Aug 26, 10:54 AM ET, by ETF Channel

In trading on Tuesday, shares of the MSCI Nigeria ETF (NGE) entered into oversold territory, ...

10.1% of FYC Holdings Seeing Recent Insider Buys
Tue, Aug 26, 9:44 AM ET, by ETF Channel

A look at the weighted underlying holdings of the First Trust Small Cap Growth AlphaDEX ...

Home Depot a Top 25 Dividend Giant With 2.07% Yield (HD)
Tue, Aug 26, 8:34 AM ET, by ETF Channel

Home Depot Inc (HD) has been named as a Top 25 ''Dividend Giant'' by ETF ...

Shares of HYXU Now Oversold
Mon, Aug 25, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the iShares Global ex USD High Yield Corporate Bond ...

Proshares USD Covered Bond Breaks Above 200-Day Moving Average - Bullish for COBO
Mon, Aug 25, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the Proshares USD Covered Bond ETF (COBO) crossed above ...

Swedish Krona Trust (FXS) Enters Oversold Territory
Mon, Aug 25, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the Swedish Krona Trust ETF (FXS) entered into oversold ...

UPV Makes Bullish Cross Above Critical Moving Average
Mon, Aug 25, 4:14 PM ET, by ETF Channel

In trading on Monday, shares of the Proshares Ultra FTSE Europe ETF (UPV) crossed above ...

Kinder Morgan Moves Up In Analyst Rankings, Passing Mallinckrodt
Mon, Aug 25, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

VDE, OXY, HAL, APA: ETF Outflow Alert
Mon, Aug 25, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: VDE, OXY, HAL, APA Exchange traded funds (ETFs) trade just ...

IJS, TQNT, THS, EPR: Large Outflows Detected at ETF
Mon, Aug 25, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: IJS, TQNT, THS, EPR Exchange traded funds (ETFs) trade just ...

VGT, CRM, CTSH, GLW: Large Inflows Detected at ETF
Mon, Aug 25, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: VGT, CRM, CTSH, GLW Exchange traded funds (ETFs) trade just ...

EDC: Large Outflows Detected at ETF
Mon, Aug 25, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: EDC Exchange traded funds (ETFs) trade just like stocks, but ...

iShares U.S. Consumer Goods ETF Experiences Big Outflow
Mon, Aug 25, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: IYK, MO, MDLZ, KMB Exchange traded funds (ETFs) trade just ...

Related videos | all videos »
  More articles:  1 2 3 4 5 6 7 next »

ABOUT US »   ADVERTISE »   CONTACT US »   TERMS OF USE & PRIVACY POLICY »

October ETF Roundup: Launches, Filings And Closures | Self Directed Investor | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in Self Directed Investor content are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All site visitors agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

SDI is associated with: ValueForum.com -- a subscription-based online social networking forum of over 1000 individual investors. | MarketNewsVideo.com -- videos appearing on SDI are produced by Market News Video. | TickerTech.com -- stock quote content appearing on SDI is at least 20 minutes delayed and is powered by Ticker Technologies. | GoldStockStrategist.com -- Edited by Scott V. Nystrom, PhD, Gold Stock Strategist provides analysis on gold mining companies.