Wall Street has been in for another round of up-and-down sessions so far this week, as investors digested several economic reports as well as escalating turmoil in Iraq. In economic news, the New York Federal Reserve’s Empire State index of manufacturing activity rose to 19.3 in May, while industrial production rose 0.6%. Investors also kept a close eye on the Federal Reserve’s policy statement on Wednesday [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. On the ETF front, investors welcomed 13 new funds last week, including the first fund to offer investors exposure to master limited partnerships outside of the energy industry. This week, only one new fund hit the street. J.P. Morgan Debuts Diversified Global Equity Fund JP Morgan‘s new Diversified Return Global Equity ETF (JPGE) tracks the FTSE Developed Diversified Factor Index, which is comprised of equity securities from developed global markets selected to represent a diversified set of factor […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Wall Street has been in for another round of up-and-down sessions so far this week, as investors digested several economic reports as well as escalating turmoil in Iraq. In economic news, the New York Federal Reserve’s Empire State index of manufacturing activity rose to 19.3 in May, while industrial production rose 0.6%. Investors also kept a close eye on the Federal Reserve’s policy statement on Wednesday [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. On the ETF front, investors welcomed 13 new funds last week, including the first fund to offer investors exposure to master limited partnerships outside of the energy industry. This week, only one new fund hit the street. J.P. Morgan Debuts Diversified Global Equity Fund JP Morgan‘s new Diversified Return Global Equity ETF (JPGE) tracks the FTSE Developed Diversified Factor Index, which is comprised of equity securities from developed global markets selected to represent a diversified set of factor […]
Click here to read the original article on ETFdb.com.
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