State Street Stealthy Slash Sector ETF Fees
February 11, 2014 at 14:38 PM EST
In what may qualify as the quietest exchange traded funds fee reduction in recent memory, State Street’s (NYSE: STT) State Street Global Advisors (SSgA) unit lowered the expense ratios on its nine sector SPDR ETFs to 0.16% per year from 0.18%. SSgA, the second-largest U.S. ETF sponsor, confirmed...