The exchange traded fund (
) industry is rapidly evolving. Some funds are closing, new funds
launch weekly and ETF providers are quickly dreaming up new funds
and filing for them with the SEC. Here's the latest on what's
happening in the industry.
Your ETF Is Closing. Now What?]
has filed with the SEC for the Global X Gold Explorers ETF. The
Solactive Global Gold Explorers Index tracks the performance of the
largest and most liquid listed companies active in the exploration
reports ETF Daily News
. No tickers or expense ratios have been disclosed. [
5 Signs An ETF Is Closing Up Shop.
Olivier Ludwig for Index Universe reports that
rolled out a micro-cap ETF today:
Wilshire Micro-Cap ETF (NYSEArca: WMCR)
. It is based on an index from Wilshire Associates and has an
expense ratio of 0.50%. Meanwhile, Claymore is closing their
doors on four ETFs as of Sept. 10. The ETFs were lightly traded and
unable to garner enough assets and activity to deem worthy of
The list and an update can be read here
Tisha Guerrero contributed to this article.