First Trust Lowers Fee, Will Reverse Split Short Maturity ETF
October 31, 2014 at 07:30 AM EDT
First Trust, the sixth-largest U.S. issuer of exchange traded funds, said it has approved an additional fee waiver for the recently launched First Trust Enhanced Short Maturity ETF (NasdaqGM: FTSM) and that the new ETF will be reverse split. Illinois-based First Trust approved an additional waiver...