SPVM

Value stocks often tempt investors because of, well, perceived value, but by the time many investors awaken to the advantages of the value factor, some of these stocks become expensive. Perhaps worse yet, some are legitimate value traps. A new exchange-traded fund takes a unique, smart beta...

Invesco Ltd. (NYSE: IVZ)'s PowerShares unit, the fourth-largest U.S. issuer of exchange-traded funds, launched two new factor-based ETFs on Thursday. PowerShares is one of the largest issuers of smart beta ETFs and with Thursday's launches the company now issues nearly 100 such ETFs. The...