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PQBW

Compared to September, which saw issuers launch more than two dozen new funds and multiple issuers shutter their entire product lines, October was a relatively slow month for the ETF industry. Though the number of new funds launched was down last month, many of the products that did hit the market were innovative, first-to-market funds that accumulated assets rather quickly. The new additions to the ETF lineup covered a number of different asset classes, including precious metals, rare earth metals, Chinese stocks. We also saw another active ETF turn in an impressive debut, indicating that perhaps growth is beginning to accelerate in that corner of the market.

October also set the stage for a flurry of activity in the final two months of the year and first quarter of 2011, as a number of issuers made filings that shed some light on future plans. And in a continuation of a trend that has played out in prior months, news of more fund closures also broke; PowerShares announced that it will shutter ten of its smaller ETFs before the end of the year. [click to continue…]

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PowerShares, the Wheaton, Illinois-based ETF issuer known for its QQQ fund and line of products linked to “intelligent” benchmarks, announced late last week that it will shut down several ETFs before the end of the year. December 14 will be the last day of trading for ten PowerShares ETFs: [click to continue…]

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This year has been a frustrating one for investors, as equity markets came racing out of the gate only to lose steam as much anticipated job creation failed to materialize and much of the developed world found itself facing a massive credit crunch. Every development that seemingly indicates a robust recovery–such as the impressive earnings […]

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Mounting fiscal problems in Europe finally spilled over into global markets last week, sending shares plunging sharply lower. At one point on Thursday, the Dow was down close to 1,000 points, with several stocks and ETFs rendered nearly worthless by a still-unexplained “flash crash” began (see Ten Shocking ETF Charts From The “Flash Crash”). Then […]

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PowerShares announced yesterday that 116 out of its 117 ETFs paid zero capital gains distributions in 2009. The only PowerShares ETF to make a capital gains distribution on the year was the NASDAQ-100 BuyWrite Portfolio (PQBW), which paid out Long-Term Capital Gains of just under 15 cents a share. PowerShares noted that the unique index […]

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Best Performing ETFs Of 2009

by on December 21, 2009 | Updated April 30, 2010

Following a year that saw some of the worst performances in recent memory, many asset classes have bounced back in  2009. But some have performed better than others, and as the year draws to a close we take a look at some of the best-performing ETFs. The year’s top gainers include a few of the […]

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U.S. and global equity markets have enjoyed a months-long rally from their March lows, fueled by improving macroeconomic conditions, surprisingly healthy corporate earnings, and renewed consumer confidence. Following this tremendous rally, we are beginning to see indications that the market rally is running out of steam, as many sophisticated investors are beginning to pull out […]

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