Americas ETF News for the Past 90 Days
You are currently viewing:SEI Files Exemptive Application for ETF Multi-Share ClassDecember 12, 2024-Fund Structure to Provide Investment Flexibility and Growth Opportunities for Investment Advisors
As industry demand for this fund structure has increased, SEI has evaluated the ETF multi-share class model and how it can help effectively meet the needs of its proprietary mutual funds and clients utilizing its Advisors' Inner Circle Fund(AIC) platform. While most exemptive applications to date have been filed by the investment advisor to a set of mutual funds, SEI's application is filed on behalf of SEI's mutual fund administration and distribution subsidiaries. Source: SEI Investments Company |
Mutual Fund Conversions Hit Record in ETF Industry's Epic Year
December 17, 2024- Some 55 mutual funds made the switch this year: Morningstar
ETFs hit $11 trillion in assets, $1 trillion inflows in 2024
New exchange-traded funds riding buzzy investment themes are helping fuel record industry growth this year. Yet, it's also shaping up to be a banner era for money managers revamping their tried-and-tested mutual funds into the tax-efficient product.
Leverage Shares by Themes ETFs Enters US Market with Launch of Lowest Cost Leveraged Single-Stock ETFs tracking NVIDIA (Ticker: NVDG) and Tesla (Ticker: TSLG)
December 13, 2024-Themes ETFs is a forward-thinking ETF provider specializing in thematic and sector-specific ETFs and a sister company of Leverage Shares, a leader in single stock ETPs in Europe with approximately $1.4 billion in assets under management.
Themes is bringing Leverage Shares strategies to the US market with 2x leveraged ETFs for Nvidia (NVDG) and Tesla (TSLG), traded on the Nasdaq.
Invesco Launches the Invesco MSCI North America Climate ETF (KLMN)
December 12, 2024-KLMN breaks global record by launching with US$2.4 billion invested by Finnish pension insurer Varma
Invesco Ltd. , a leading global asset management firm, announced the launch of the Invesco MSCI North America Climate ETF (KLMN). KLMN began trading on the New York Stock Exchange with US$2.4 billion in assets from Finnish pension insurer, Varma, which breaks a worldwide record by surpassing the funding of any previous new ETF launch globally.
New Fund Name for Simplify Stable Income ETF (BUCK)
December 5, 2024--Simplify Asset Management Inc. announces that Simplify Stable Income ETF (NYSE Arca: BUCK) has been renamed as Simplify Treasury Option Income ETF effective October 29, 2024.
MFS Enters Active ETF Market
December 5, 2024--MFS Launches Five Actively Managed ETFs, Bringing Capabilities Honed Over a Century of Investing to the Burgeoning Active ETF Market.
MFS today launched the firm's first actively managed exchange-traded funds, marking its entry into the fast-growing active ETF market, which now accounts for nearly $700 billion in assets in the United States.1
Zacks Investment Management Expands ETF Suite with the Launch of GROZ
December 5, 2024--The Zacks Focus Growth ETF (Cboe: GROZ) employs a data-driven approach to capturing large-cap growth potential
Zacks Investment Management, a wholly-owned subsidiary of Zacks Investment Research with $20 billion in assets under management, announces the launch of its third actively-managed exchange-traded fund (ETF), the Zacks Focus Growth ETF (Cboe: GROZ).
Invesco QQQ Innovation Suite adds Invesco Top QQQ ETF (QBIG) and Invesco QQQ Low Volatility ETF (QQLV)
December 4, 2024-New offerings position Invesco as the provider with the most expansive set of ETF assets that access unique exposures of the groundbreaking companies within Nasdaq Indexes
Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced today the expansion of the Invesco QQQ Innovation Suite to include Invesco Top QQQ ETF (QBIG) and Invesco QQQ Low Volatility ETF (QQLV).
Virtus Introduces Virtus Seix AAA Private Credit CLO ETF
December 3, 2024--PCLO leverages Seix's long-term CLO experience across credit cycles
Virtus Investment Partners, Inc. (NYSE: VRTS) has expanded its offerings of distinctive, actively managed exchange-traded funds with the introduction of the Virtus Seix AAA Private Credit CLO ETF, (NYSE Arca: PCLO), the second ETF managed by Seix Investment Advisors.
Invesco QQQ Innovation Suite adds Invesco Top QQQ ETF (QBIG) and Invesco QQQ Low Volatility ETF (QQLV)
December 3, 2024- Invesco Advisers, Inc., a subsidiary of Invesco Ltd., announced today that it completed the termination and liquidation of Invesco High Income 2024 Target Term Fund (NYSE: IHTA) (the "Fund"). In accordance with its investment objectives and organizational documents, and previously announced liquidation plans, the Fund terminated its existence and liquidated on December 2, 2024 (the "Termination Date").