Snap and Blue Apron aside, IPO-themed ETF strategies are winning in 2017
August 16, 2017 at 16:56 PM EDT
Two high-profile initial public offerings this year may have resulted in disappointment for market participants, but the general strategy of putting money into Wall Street’s newest names has performed well in 2017, with a pair of exchange-traded funds dedicated to the idea outperforming the broader market.