Nashville Area ETF

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...

The Nashville Area ETF (NYSE: NASH), courtesy of LocalShares, commenced trading Thursday, marking the debut of the first city-specific ETF in the U.S. After just one trading day, it is too early to pass judgment on NASH. It may be debatable that Nashville, Tennessee would have been the first...