Stocks have been charging higher all week, bolstered by reassuring commentary from Chairman Bernanke during his most recent testimony to Congress along with several better-than-expected housing market economic data releases on the homefront. Nonetheless, choppy trading remains a dominant theme across equity markets as investors continue to cope with looming threats from Europe and a pessimistic outlook for the U.S. recovery. Amidst the improving sentiment on Wall Street, several issuers rolled out new products, pushing the total number of ETPs closer and closer to the 1,500 mark. Vack Eck added an ex-financials preferred stock ETF to its lineup while Global X launched a “Super Income” preferred stock ETF of its own, giving investors more tools for beefing up their current income [see also 46 Amusing ETF Ticker Symbols]. Illinois-based First Trust has laid the groundwork for a new multi-asset income ETF in its most recent proposal [see SEC Filing]: First Trust [...] Click here to read the original article on ETFdb.com. Related Posts: Global X Plans Hedge Fund ETFs Tax Efficiency Report Card Top 10 Noteworthy ETF Trends Of 2011 The 18 Most Successful New ETFs Of 2011 2011: A Year Of ETF Firsts
Stocks have been charging higher all week, bolstered by reassuring commentary from Chairman Bernanke during his most recent testimony to Congress along with several better-than-expected housing market economic data releases on the homefront. Nonetheless, choppy trading remains a dominant theme across equity markets as investors continue to cope with looming threats from Europe and a pessimistic outlook for the U.S. recovery. Amidst the improving sentiment on Wall Street, several issuers rolled out new products, pushing the total number of ETPs closer and closer to the 1,500 mark. Vack Eck added an ex-financials preferred stock ETF to its lineup while Global X launched a “Super Income” preferred stock ETF of its own, giving investors more tools for beefing up their current income [see also 46 Amusing ETF Ticker Symbols]. Illinois-based First Trust has laid the groundwork for a new multi-asset income ETF in its most recent proposal [see SEC Filing]: First Trust [...]
Click here to read the original article on ETFdb.com.
Related Posts: