This Week in ETFs: July 31 Edition

by on July 31, 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:

Leveraged ETF Fallout Continues at ETF Database:

A pattern is beginning to emerge – it seems as though anything the government scrutinizes is “evil” and should not be touched. In a time where financial firms have been heavily criticized for their role in the recession, could it be that firms may be looking to improve their images by finally “listening” to government officials?

European Firm Enters U.S. ETF Market at Morningstar:

ETF Securities is a big success in Europe and has even introduced its product to other global markets such as Australia. They could not resist the burgeoning U.S. ETF market. It will be interesting to see how their products such as SIVR fare against their more established counterparts SLV – setting a lower expense ratio is a good start!

Gold ETFs Lost Some Haven Flavor at the Wall Street Journal:

Gold could be losing some of its luster should the economic data continue to show positive trends. This is evidenced by GLD being down 47.68 metric tons from the end of June. This could either be the result of profit-taking after huge run-ups in price or increasingly risk-hungry investors shifting capital to equities. The next few months should shed more light on this…

XShares To Close Carbon Emissions Fund at IndexUniverse:

There had been some speculation that only traders well-versed in carbon emissions markets would trade the futures contracts underlying the fund through an exchange-traded product. The issuer said that it “has considered the current market conditions and the growth prospects of the small fund in the foreseeable future and decided that liquidation was in the best interests of the fund and its shareholders.”

Study: Advisors Increasingly Choosing ETFs at ETFTrends:

The survey indicates that many advisers expect to reduce their clients’ holdings of mutual funds to 27% in 2011, down 30% from today, and 35% in 2007. By 2011, it’s estimated that ETF holdings will make up around 14% of their portfolios…

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.