AdvisorShares, the firm behind one of the largest lineups of actively-managed ETFs, brought its latest idea to market on Wednesday. The most recent addition is the TrimTabs Float Shrink ETF (TTFS), the result of a partnership with a firm known for innovative research on the connections between stock liquidity and long-term performance.
The TrimTabs methodology is based on the idea that stocks perform best when the total number of outstanding shares has decreased over the past four months or so. The rationale for this criteria is pretty straightforward; with the same amount of money chasing a declining number of shares, there should be upward pressure on share prices. If corporate insiders have more complete information than the general public, their timing of repurchases should be indicative of a bullish outlook on the prospects of their business. [click to continue…]
The ETF industry’s strong growth in recent years has led to innovation across the board. Now, investors can find products that offer exposure to nearly every corner of global markets through a single ticker. And while many of these new options have been welcomed with open arms, investors have been wary of others. One space [...]
The downgrade handed down from Standard and Poor’s on U.S. debts was detrimental to American stocks for a short period, as major indexes saw plunges of 5% or more upon the release of the news. With investors flocking to pull their assets from equities, gold has seen yet another historic landmark as it broke through [...]
The recent economic crisis has led to a frenzy of activity on Wall Street, as we have seen dramatic swings in both directions on a regular basis. Starting with a debt deal that did little to reassure investors, markets began to drop. Next came the downgrade from S&P, the first ever from a domestic credit [...]
One of the more popular corners of the actively-managed ETF landscape has been in the bond category where several new funds have managed to amass a great deal of assets in a short period of time. Investors have likely embraced active management in this slice of the market thanks to perception that bonds are still [...]
Actively-managed ETFs have been all the rage so far this year as a number of issuers have thrown their hats into the increasingly competitive ring. One person who offered up some insight on this rapidly changing market was Tom Graves, CFA, who is an Equity Analyst at Standard & Poor’s. Tom wrote a piece on [...]
The past few weeks have been a relatively slow stretch for the ETF industry–at least in terms of product development. Since EGShares rolled out a suite of sector-specific emerging markets ETFs on June 23, only two new products have hit the market: the S&P 500 Crude Oil Linked ETN (BARL) from Morgan Stanley and the [...]
June was another interesting month for markets around the world as a number of important events transpired over the past few weeks. The Federal Reserve meeting came and went without much of a hitch as Bernanke called for the end of QE at the end of the month but suggested that the economy was still [...]
AdvisorShares continued a busy week on the product development front, following up the launch of three Madrona funds earlier in the week with the debut of the Meidell Tactical Advantage ETF (MATH). The newest actively-managed ETF will be sub-advised by American Wealth Management, and will be structured as an ETF-of-ETFs that invests in other exchange-traded [...]
AdvisorShares continued the expansion of its suite of actively-managed ETFs this week, rolling out three products that will be sub-advised by Madrona Funds. Madrona is a relatively new asset management firm that believes simple index funds may not provide the optimal approach to investing in U.S. equities. The new Madrona products include an international equity [...]
As active ETFs have burst on to the scene over the last several years, a number of investors have expressed confusion over certain aspects of these vehicles. While active ETFs are relatively simple and straightforward, there are questions surrounding some of the more nuanced elements of the active ETF structure: What is “front-running”? Is it [...]
