The ETF industry has been credited with bringing exotic asset classes and investment strategies within the reach of all levels of investors. But it has also provided a potentially better way to invest in asset classes and industries that have historically exhibited significant volatility. Because the ETF structure provides immediate diversification of holdings at a reasonable rate, it has been embraced as an efficient way to invest in junk bonds, micro cap stocks, and tech companies. ETFs have become a popular way to establish both long and short positions in the alternative energy industry, and multiple funds now offer targeted exposure to solar energy. [click to continue…]
Whenever a company prepares for a public offering, executives have been known to spend an inordinate amount of time choosing the combination of letters that will serve as the company’s ticker and often nickname within the investment community. To many, the fixation on selecting the perfect ticker seems like an irrational obsession on par with Patrick Bateman’s affinity for business cards. But there’s some evidence to support the idea that picking a clever ticker can be worth quite a bit of money. [click to continue…]
After surging out of the gates to start the new year, many ETFs have sharply reversed course, now finding themselves in the red for 2010 as January draws to a close. The S&P 500 SPDR (SPY), which was up nearly 3% after the first six trading sessions, is now down almost 2%. The shift in [...]
It’s been an interesting week in the world of ETFs: gold trading was extremely volatile, and world leaders met in Denmark to discuss climate issues. Here are the ETF Database staff picks of the week’s most important and interesting stories from around the Web:
On Tuesday, Claymore Securities launched its China Technology ETF (CQQQ), the first U.S.-listed ETF to focus on the Chinese technology sector. CQQQ joins three other China ETFs from Claymore (YAO, HAO, TAO) that have accumulated more than $500 million in aggregate assets. The new ETF will seek to replicate the AlphaShares China Technology Index, a [...]
Over the past two years, the primary focus of world leaders has been the series of economic crises that have threatened to erase years of progress and growth. With all available resources dedicated towards avoiding a prolonged downturn, many social and environmental issues have been moved to the back burner. Now, with a seemingly stable [...]
Lisle, Illinois-based Claymore, the ETF issuer that was acquired by Guggenheim Partners earlier this year, announced last week that it will close four of its lightly-traded ETFs. December 11 will be the last day of trading for the following funds:
It’s been an interesting week in the world of ETFs: major indexes trended higher despite an increase in the trade deficit and a lower number for the Consumer Sentiment Index. Here are the ETF Database staff picks of the week’s most important and interesting stories from around the Web:
Through the first six months of the Obama administration, campaign promises were largely moved to the back burner while all available resources were devoted to an economy spiraling further and further into recession. Now that the country has lifted itself out of the recession and a recovery, albeit a fragile one, is underway, Washington has [...]
On Thursday and Friday, the leaders of 19 of the most powerful nations, as well as the leader of the European Union, will meet in the Steel City to discuss a variety of topics ranging from economic integration to energy policy. Pittsburgh was chosen to highlight the dramatic shift in fortunes following the city’s struggles [...]
President Obama is determined to establish the U.S. as “the world’s leading exporter of renewable energy,” but it seems that he may face some stiff competition from a familiar source. According to a recent article in the New York Times, China has established itself as the early leader in the race to become the dominant [...]
Christian Magoon is the President and Senior Managing Director of Claymore Securities, Inc. He recently took time out of his busy schedule to talk with ETF Database.
