Direxion Launches Daily 2X Leveraged Electric and Autonomous Vehicle ETF: EVAV
August 11, 2022--EVAV Provides 200% Exposure to Electric and Autonomous Vehicles Industry
Direxion, a leading provider of tradeable and thematic ETFs, today announced the launch of the Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (Ticker: EVAV). The Fund seeks to achieve 200% of the daily performance of the Indxx US Electric and Autonomous Vehicles Index.
The Indxx US Electric and Autonomous Vehicles Index provides exposure to 25 U.S.-listed companies poised to disrupt the existing transportation market by bringing new and cleaner modes of transportation, such as electric and autonomous vehicles. It includes companies beyond vehicle manufacturers to paint a more holistic picture of the rapidly expanding industry.
EQM Indexes Launches Natural Resources Dividend Income Index
August 10, 2022--The EQM Natural Resources Dividend Income Index is designed to generate the highest level of income from equity positions in natural resource and commodity-related industries.
San Diego-based index development firm EQM Indexes LLC is launching a groundbreaking new index, the EQM Natural Resources Dividend Income Index (NDIVITR), providing exposure to global public companies in natural resource and commodity-related industries generating high income supported by free cash flow.
iShares Trust files with the SEC-iShares Environmental Infrastructure and Industrials ETF
August 10, 2022--iShares Trust has filed a a post-effective amendment, registration statement with the SEC for the iShares Environmental Infrastructure and Industrials ETF.
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AdvisorShares Trust files with the SEC- AdvisorShares MSOS 2x Daily ETF
August 10, 2022--AdvisorShares Trust has filed a a post-effective amendment, registration statement with the SEC for the AdvisorShares MSOS 2x Daily ETF.
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Tidal ETF Trust files with the SEC-SoFi Smart Energy ETF
August 9, 2022-Tidal ETF Trust has filed a Form 497K-Summary Prospectus with the SEC for the SoFi Smart Energy ETF.
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Direxion Shares ETF Trust files with the SEC-Direxion Daily TSLA Bull 1.5X Shares
August 9, 2022-Direxion Shares ETF Trust has filed a Form 497K-Summary Prospectus with the SEC for the Direxion Daily TSLA Bull 1.5X Shares.
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Direxion Shares ETF Trust files with the SEC-Direxion Daily TSLA Bear 1X Shares
August 9, 2022-Direxion Shares ETF Trust has filed a Form 497K-Summary Prospectus with the SEC for the Direxion Daily TSLA Bear 1X Shares.
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BlackRock ETF Trust files with the SEC-BlackRock Future Financial and Technology ETF
August 9, 2022--BlackRock ETF Trust has filed a a post-effective amendment, registration statement with the SEC for the BlackRock Future Financial and Technology ETF.
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Direxion Shares ETF Trust files with the SEC-Direxion Daily AAPL Bull 1.5X Shares
August 9, 2022-Direxion Shares ETF Trust has filed a Form 497K-Summary Prospectus with the SEC for the Direxion Daily AAPL Bull 1.5X Shares.
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SoFi Launches First-of-its-Kind Web 3 ETF and a Smart Energy ETF to Empower People to Invest in the Future
August 9, 2022--SoFi's new ETFs join a robust lineup of funds designed to make investing more accessible to everyone
SoFi Technologies, Inc. ("SoFi"), the digital personal finance company, today announced that SoFi Invest1 is launching two new ETFs, SoFi Web 32 (NASDAQ: TWEB) and SoFi Smart Energy (NYSE: ENRG), designed to make it easier than ever for people to invest in two of the world's fastest-growing industries and put their dollars into the causes and technology they are most excited about.
"Our selection of SoFi-branded ETFs enables us to offer accessible, affordable and diversified investments designed with our members in mind, which has proved especially important for the influx of new investors we've welcomed recently," said Anthony Noto, CEO of SoFi.
Tidal ETF Trust files with the SEC-SoFi Web 3 ETF
August 9, 2022-Tidal ETF Trust has filed a Form 497K-Summary Prospectus with the SEC for the SoFi Web 3 ETF.
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Direxion Shares ETF Trust files with the SEC-Direxion Daily AAPL Bear 1X Shares
August 9, 2022-Direxion Shares ETF Trust has filed a Form 497K-Summary Prospectus with the SEC for the Direxion Daily AAPL Bear 1X Shares.
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Vanguard Steals BlackRock Crown for World's Biggest Bond ETF
August 9, 2022--BND surpasses AGG in assets as the latter sheds cash
AGG's expense ratio was cut in April to match BND's fee
Vanguard Group has ushered in a new world order in the fixed-income exchange-traded fund arena.
The Vanguard Total Bond Market ETF (ticker BND), with assets of roughly $83.8 billion, has surpassed the $83.2 billion iShares Core US Aggregate Bond ETF (AGG) to become the world's biggest bond ETF, Bloomberg data show.
J.P. Morgan Asset Management Launches JPMorgan Active Growth ETF (JGRO)
August 9, 2022--Unifies two industry-leading growth strategies into one actively managed ETF
J.P. Morgan Asset Management (JPMAM) today announced the launch of JPMorgan Active Growth ETF (JGRO), an actively managed style pure growth ETF that seeks to outperform the Russell 1000 Growth Index.
The strategy follows a bottom-up approach and aims to identify companies with growth potential that is underappreciated by the market.
Priced at an expense ratio of 0.44%, JGRO leverages the breadth and depth of the entire J.P. Morgan Growth Platform and leverages two flagship strategies on the platform, JPMorgan Large Cap Growth, a style pure approach which utilizes price momentum, and JPMorgan Growth Advantage, which is anchored in large cap but has flexibility to invest down cap. Blending these two fundamental approaches with unique characteristics results in one ETF solution that seeks opportunities across the growth landscape.
U.S. First: First Leveraged Single-Stock ETFs On: Tesla, Coinbase & Apple
August 9, 2022--Short ETF Exposure to Tesla
Investors Get Access to New Short & Leveraged Single-Stock ETFs
GraniteShares, the U.S. ETF issuer, has listed a suite of short and leveraged single stock Exchange Traded Funds (ETFs) listed on the NASDAQ Stock Exchange.
This new category reflects the evolution of the ETF market from broad index solutions to the ability today to take targeted positions on individual stocks. Globally, the broad short and leveraged ETP segment has attracted significant investor inflows, growing from $2.4bn in assets under management in 2006 to US$111.9bn at the end of May 2022 (Source, EFTGI).
GraniteShares' new suite of short and leveraged single stock ETFs, enables sophisticated investors to take high conviction positions on some of the most popular U.S stocks: Tesla, Coinbase & Apple.