It looks like the industry’s major players are readying to jump into the active ETF niche with a vengeance, according to Barron’s
The publication notes that T. Rowe Price
] recently got SEC approval
to enter the space, while Fidelity
] applied last month. Either could become the first major fundster to launch a suite of stock-picking ETFs.
The article goes on to say that the field is wide even, since there aren’t any true stock picking ETFs out there yet.
The newspaper then looks at some funds that come close: the Ranger Equity Bear ETF
and the First Trust North American Energy Infrastructure Fund
Stay ahead of the news ... Sign up for our email alerts now