A New Active ETF Tries to Improve on Modern Portfolio Theory

Virtus Investment Partners (NasdaqGS: VRTS) partnered with iSectors to launch an actively managed exchange traded fund that promises to track a type of next-gen modern portfolio theory approach. On Wednesday, iSectors rolled out its flagship iSectors Post-MPT Growth ETF (NasdaqGM: PMPT). PMPT has a...