LocalShares

For years there have been ETFs that invest in niche industries, single countries and innovative cross sections of the economy.  A groundbreaking fund provider has taken that targeted focus one step further by creating the first city-based ETF in the country -- and this month they are...

LocalShares, a Tennessee-based money manager, has filed plans with the Securities and Exchange Commission to possibly introduce the LocalShares Nashville ETF, an ETF that would track only companies based in the Nashville area. The fund would track a proprietary index that will only include those...