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Rating:Bloomberg Covers Rags-To-Riches ETFs Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, August 28, 2013

Bloomberg Covers Rags-To-Riches ETFs

News summary by MFWire's editors

Bloomberg reported on small ETFs that have made it through the $100 million asset level.

Guggenheim [profile] Spin-Off ETF tracks recently spun-off companies and has jumped 317 percent, from $67 million to $280 million in assets. Half of the ETF is in small-cap stocks and the other half mid and large cap stocks.

Invesco [profile] PowerShares Dynamic Media Portfolio, allocates to companies such as Time Warner Cable and CBS Corp. and rose from $86 million to $226 million.

DB [profile] X-Trackers MSCI Japan Hedged Equity Fund rose from $5 million to $157 million.

PowerShares DWA SmallCap Technical Leaders Portfolio, which tracks 200 small-cap stocks picked for performance strength, went from $13 million to $302 million, a whopping 2,223 percent jump.

BlackRock [profile] iShares U.S. Insurance ETF, tracks insurance company stocks, and rose to $152 million from $80 million.

To read more, click here.  

Edited by: Casey Quinlan

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