This Week in ETFs: July 24 Edition

by on July 24, 2009 | ETFs Mentioned:

The excitement has continued to increase in the world of ETFs this week. Here are the ETF Database staff picks of the week’s most important and interesting stories from around the Web:

An Invisible Secondary Market In ETFs? at IndexUniverse:

Transparency is not a word usually associated with hedge funds, but 13F filings do give us a slight glimpse into their positions in certain securities. Could it be that hedge funds are using ETFs such as GLD as accumulation vehicles to get around the revealing nature of 13F filings in order to keep that opacity?

Starbucks Earnings: Good News For “Restaurant ETF” at ETF Database:

The restaurant industry could be headed for a rebound, judging by the way Starbucks shattered earnings expectations. There might be opportunities for ETFs with exposure to the restaurant industry as well as those in the consumer discretionary sector to prosper…

PIMCO Files For Active Bond ETFs at Morningstar:

PIMCO is accelerating its push into the ETF industry, filing for approval on five new actively managed fixed-income ETFs. It should be interesting to see where the expense ratios for the new ETFs come in, since comparable PIMCO mutual funds charge fees triple the norm of passively-managed funds in the  space…

Edward Jones Drops Sales Of Leveraged ETFs at the Wall Street Journal:

The much vilified leveraged ETFs have their first casualty: Edward Jones & Co., which has walked away from them altogether. Perhaps deterred by recent regulatory scrutiny, the St. Louis-based firm announced that it will stop offering leveraged funds following a normal product review…

ETFs Rally on Housing, M&A and Earnings Data at SmartMoney:

Despite the broad-based ETF rally, the struggles of natural gas funds continued with UNG and GAZ falling 6.5% and 6.3%, respectively.  There was a bigger-than-average gain in U.S. stockpiles of natural gas which caused prices to decline, hurting shares of related ETFs…

That’s it for This Week in ETFs: happy reading. Have a great weekend everyone!

Mutale Mubanga contributed to this article.

Disclosure: No positions at time of writing.