WBI Factor Dividend ETF Tops $50M in AUM

Just 18 months after coming to market, the WBI Power Factor High Dividend ETF (NYSEArca: WBIY), a multi-factor smart beta ETF, topped $50 million in assets under management. WBIY, which tries to reflect the performance of the Solactive Power Factor High Dividend Index, selects securities from the broader Solactive US Broad Market Index that exhibit [...] Read more on ETFtrends.com.

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This article was provided by our partner Tom Lydon of etftrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.