The Active ETF train is boarding now and a couple more investment companies jumped on last week.

State Street Global Advisors [profile] is launching its SPDR SSgA Emerging Markets Minimum Volatility ETF, according to this SEC filing. The fund will reportedly seek long-term returns while maintaining low long-term volatility relative to emerging markets. Mike Feehily and John Tucker will be the primary portfolio managers.

And BlackRock [profile] is planning to launch two actively traded ETFs. The iShares Enhanced International Small-Cap ETF and an iShares Enhanced International Large-Cap ETF both seek long-term capital appreciation, according to SEC filings. Peter Christiansen, Matthew Goff, Jennifer Hsui, Daniel Morillo and Greg Savage will be the portfolio managers for both actively traded ETFs.

Although more and more investment companies are jumping on board the active ETF train, a New York Times article argued last week that the train has yet to leave the station. Reporter Conrad De Aenlle wrote that the 64 actively managed ETFs in Morningstar's database had only $14.4 billion in assets at the end of July, the latest data available.

Still, others in the fund world are convinced actively managed funds will still take off. MFWire reported earlier this month how Gene Needles, the president of American Beacon Advisors, declared: "active managers will do extremely well over the next five to ten years."

MFWire recently reported that more active ETFs are getting SEC approval and looked at what they have to offer. 

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