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State Street To Shutter 12 ETFs
Wednesday, August 3, 2016 - 2:00pm | 528State Street Global Advisors (SSgA), the third-largest U.S. issuer of exchange-traded funds, said it is closing 12 of its ETFs. Eight of the ETFs SSgA will close are international funds, while three are US-focused fixed income ETFs. The remaining one is the SPDR SSGA Risk Aware ETF (SSgA Active ETF...
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Investors Just Can't Get Enough Of Bond ETFs
Friday, July 1, 2016 - 4:13pm | 465At the halfway point of 2016, it is starting to sound like a broken record, but advisors and investors are enthralled by fixed income exchange-traded funds. Year-to-date, four of the top 10 asset-gathering ETFs are bond funds and investors are pouring into plenty of others that are outside the top...
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A New Look Is Coming For XLF
Thursday, June 30, 2016 - 9:34am | 534As has been previously highlighted in this space, the real estate group will become the eleventh S&P 500 sector at the end of August, separating from financial services. That means changes are afoot for the Financial Select Sector SPDR Fund (NYSE: XLF), the largest exchange-traded fund...
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State Street Introduces Internet, Hardware ETFs
Wednesday, June 29, 2016 - 9:23am | 445State Street Corp (NYSE: STT)'s State Street Global Advisors (SSgA), the third-largest U.S. issuer of exchange-traded funds, added to its already expansive lineup of industry sector ETFs Tuesday with the debuts of the SPDR S&P Technology Hardware ETF (SPDR Series Trust (NYSE: XTH)) and the SPDR...
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XLF's Solution To Real Estate's Looming Sector Status
Thursday, June 9, 2016 - 8:49am | 569As has been widely documented, real estate stocks will become their own sector, separating from the financial services group, at the end of August. Initially, that announcement made in 2014, was thought to have a looming impact on the Financial Select Sector SPDR Fund (NYSE: XLF). XLF, the largest...
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Peeking In On Another Preferred ETF
Tuesday, May 31, 2016 - 4:03pm | 547Well-documented is the fact that preferred stocks and the corresponding exchange-traded funds are among the beneficiaries of the Federal Reserve's lower for longer interest rate policy. It is also well-known that higher yielding asset classes, including preferred stocks, are seen as vulnerable...
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Yes, This Junk Bond ETF Is Sufficiently Liquid
Friday, May 6, 2016 - 9:22am | 524Arguably the biggest source of controversy surrounding high-yield bond exchange-traded funds has been the ability of these products to remain sufficiently liquid during times of elevated market duress. With size and liquidity being important factors to many professional investors, that might be why...
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Gundlach's DoubleLine Adds EM, Short Duration Bond ETFs
Saturday, April 16, 2016 - 8:32pm | 568Jeffrey Gundlach's DoubleLine Capital and State Street Corp (NYSE: STT)'s State Street Global Advisors (SSgA), the third-largest U.S. issuer of exchange-traded funds, tripled the size of their ETF partnership Thursday with the introduction of two new funds. The two new actively managed ETFs,...
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A Hidden Gem Among Dividend ETFs
Tuesday, March 29, 2016 - 9:09am | 536Thanks in large part to declining Treasury yields and ample speculation that the Federal Reserve will not be able to raise interest rates as many times as previously planned, some luster has been restored to dividend exchange-traded funds. That theme extends to high dividend funds and newer...
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Bet On Gender Equality With This New ETF
Tuesday, March 8, 2016 - 2:11pm | 374There is plenty of academic research and data suggesting that public companies with women in key leadership roles and on the board outperform their male-dominated rivals. A new exchange-traded fund from State Street Global Advisors (SSgA), the SPDR SSGA Gender Diversity Index ETF (NYSE: SHE),...
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A Fast Start And Good Timing For This New ETF
Friday, March 4, 2016 - 3:11pm | 535Just eight exchange-traded funds made all-time highs Thursday, and several of those are funds that have only been around a few months. Standard advice would be to not get too excited about an ETF that is just a few months old hitting an all-time high, but the SPDR S&P North American Natural...
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Many New ETFs Face NFL Syndrome
Monday, February 8, 2016 - 9:54am | 710First, a personal anecdote to explain the NFL/ETF analogy that follows here. Several years ago, I was watching a professional football game with my uncle, a voracious NFL fan, when I mentioned a player (I don't remember who it was) that was a great college football player but never made it in...
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A One-Stop ETF For Asset Allocation Strategies
Friday, January 22, 2016 - 9:55am | 563Global equity markets have stumbled to start 2016, placing a great premium on asset allocation for advisors and investors. Some exchange-traded funds aim to ameliorate the asset allocation issue, but are limited to doing so at the sector level. ETFs that have the ability to navigate investors...
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Finding Dividend Growth With Financial Services ETFs
Tuesday, December 29, 2015 - 2:24pm | 706Dividend investors know how the story goes. Prior to the global financial crisis, bank stocks were some of the most reliable dividend payers among U.S. equities. Not only that, but major banks were also dependable dividend growers and decades of dividend growth from U.S. banks made the financial...
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Bet On A Resources Rebound With This New ETF
Saturday, December 19, 2015 - 7:20pm | 546Betting on rebounds in natural resources stocks might appear like a bold move right now, especially when considering the energy and materials sectors are two of the worst performing groups in the S&P 500 this year. Those sectors have also been home to plenty of dividend cuts, along with being...