ETF | BNY Mellon To Provide Investment Services To AdvisorShares Global Echo ETF

May 19, 2012 – 6:42 am
ETF

NEW YORK, May 17, 2012 /PRNewswire/ –BNY Mellon, the global leader in investment management and investment services, has been selected by AdvisorShares to provide exchange-traded-fund (etf) services, custody, fund accounting and fund administration for the AdvisorShares Global Echo ETF (GIVE). This mandate expands BNY Mellon’s relationship with AdvisorShares, which began in 2009, to include 14

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ETF | Yorkville High Income MLP ETF (YMLP) Declares First Quarterly Distribution

May 19, 2012 – 5:48 am
ETF

NEW YORK–(BUSINESS WIRE)– The Yorkville High Income MLP etf (NYSE: YMLP – News ) has declared its first distribution at an annualized rate of 8.74 percent. YMLP, the first and only exchange-traded fund (ETF) delivering exposure to high income, commodity-based master-limited partnerships (MLPs), will issue $0.400503 per share to holders of the fund. “We are excited the rules-based investment

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ETFs | The Comprehensive Guide To Consumer Staples ETFs

May 19, 2012 – 5:44 am
ETFs

With the entire U.S. equity market in the doldrums, it has been a rough time to be a stock investor. However, a few of the defensive sectors have been able to hold up better than most, including the traditional safe havens such as consumer staples, health care, and utilities. In particular, consumer staples firms have been a solid performer as of late and could continue to have a leadership role

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ETF | DIA, CVX, CAT, MCD: ETF Inflow Alert

May 19, 2012 – 4:13 am
ETF

Looking today at week-over-week shares outstanding changes among the universe of etfs covered at ETF Channel , one standout is the SPDR Dow Jones Industrial Average ETF ( AMEX: DIA ) where we have detected an approximate $118.3 million dollar inflow ” that’s a 1.1% increase week over week in outstanding units (from 86,792,867 to 87,742,867). Among the largest underlying components of DIA, in

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ETFs | Facebook: Which ETFs Will Like It?

May 19, 2012 – 4:11 am
ETFs

Investors are salivating over the Facebook IPO slated for Friday. Facebook will eventually join exchange traded funds that focus on IPOs and sectors, although investors won’t participate in any early pop.This is because etfs’ tracking indices have rules that prohibit a new stock from entering the benchmark until it has traded for a certain number of days.”It’s critical for investors to understand

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ETFs | Four Country ETFs Bucking The Downtrend

May 19, 2012 – 3:30 am
ETFs

Most stock exchange traded funds have been a mess this month on slowdown fears, Greece and European debt. However, there are pockets of strength in some single-country etfs.The emerging economies were among the first movers during therally, but the broader index of developing markets has tapered off as a risk-off sentiment grips equities. Still, some country-specific exchange traded funds are

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ETF | Social Media ETF Down 3% As Facebook Begins Trading

May 19, 2012 – 3:25 am
ETF

Global X Social Media etf ( SOCL – News ) has seen volume ramp this week in the days leading up to the historic Facebook IPO but the fund slipped 3% amid volatile trading in newly-minted Facebook shares Friday.Facebook ( FB – News ) shares recovered Friday after falling to the offer price of $38 a share.Facebook was trading around $41 a share in heavy action Friday afternoon, down from the opening

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ETF | ETF Trading Report: MLP, Social Media ETF In Focus

May 19, 2012 – 2:43 am
ETF

All eyes were on the IPO of Facebook during Friday trading as the company’s shares opened around $42.05 after a $38 pricing. Still, despite the hype, investors failed to push the shares of the social media giant higher on the day as the company finished trading around the $39/share level. Overall, the broad market wasn’t much better as all the major benchmarks finished the day in the red. The Dow

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ETF | Semiconductor ETF Experiences Big Inflow

May 19, 2012 – 2:17 am
ETF

Looking today at week-over-week shares outstanding changes among the universe of etfs covered at ETF Channel , one standout is the Semiconductor ETF ( AMEX: SMH ) where we have detected an approximate $58.1 million dollar inflow ” that’s a 19.7% increase week over week in outstanding units (from 9,370,937 to 11,220,937). Among the largest underlying components of SMH, in trading today Intel Corp (

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ETF | ETF Spotlight: Inflation Protection

May 19, 2012 – 12:52 am
ETF

etf Spotlight on IQ Real Return ETF ( CPI – News ) , part of an ongoing series. Assets : $28.6 million. Objective : The IQ Real Return ETF tries to reflect the performance of the IQ Real Return Index, which tries to provide a hedge against U.S. inflation rate by generating “real return,” or a return above the inflation rate. [ TIPS ETFs as an Inflation Hedge ] Holdings : Top holdings include:

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