ETF Provider Press Releases
There’s a lot to be learned from press releases from the major exchange traded fund providers. Almost certainly you have to dig through the release to get past the marketing speak to find the useful nuggets. In this section I’ll repost press releases of interest.
streetTRACKS Gold Trust Surpasses $6 Billion in Assets
Boston, February 21, 2006 â€" State Street Global Advisors (SSgA), the investment management arm of State Street Corporation (NYSE: STT), and the largest institutional fund manager in the world,* today announced that assets in the streetTRACKS® Gold Trust (NYSE: GLD), the issuer of streetTRACKS® Gold Shares, have exceeded $6 billion.
ETF Assets Rise 9.4 Percent in October
The popularity of exchange traded funds (ETFs) continues to increase with near double-digit growth in October.
State Street Launches 6 ETFs
Boston, June 22, 2006 -- State Street Global Advisors (SSgA), the investment management arm of State Street Corporation (NYSE: STT) and the largest institutional money manager in the world*, today launched six industry-specific exchange-traded funds (ETFs) on the American Stock Exchange® (Amex® ): SPDR® Metals & Mining ETF (XME); SPDR Pharmaceuticals ETF (XPH); SPDR Oil & Gas Equipment & Services ETF (XES); SPDR Oil & Gas Exploration & Production ETF (XOP); SPDR Retail ETF (XRT);and streetTRACKS® KBW Regional Banking SM ETF (KRE).
ProShares Launches 8 ETFs to on the American Stock Exchange
New York, NY, June 21, 2006 -- ProShares, together with The American Stock Exchange® (Amex®), today announced the launch of eight new innovative exchange traded funds (ETFs) designed to make it easier for investors to get short or magnified exposure to an index.
Barclays Global Investors Launch 10 iShares Subsector Funds
San Francisco, CA--May 5, 2006-- Barclays Global Investors (BGI) announced that 10 iShares Dow Jones Subsector Index Funds began trading today on the New York Stock Exchange. These exchange traded funds (ETFs) are the newest additions to the largest sector ETF product line in the United States, now totaling 35 funds with over $16 billion. The Funds' annual expense ratios are 0.48%.
Entries (RSS)