Why Some ETF Ideas Don’t Stick Around
August 24, 2016 at 17:24 PM EDT
The exchange traded fund industry is a business, and like any business, a sponsor will cut down on any money losing ventures. For instance, BlackRock Inc. (NYSE: BLK), the money manager behind the iShares line of ETFs, is shuttering 10 ETFs this month, despite each of the funds posting gains this...