Fidelity Covington Trust files with the SEC-Conversion of 6 Mutual Funds to ETFs
March 6, 2023-Fidelity Covington Trust has filed a Post-Effective Amendment, Registration Statement with the SEC-6 mutual funds conversion to 6 ETFs.
Mutual Fund | New ETF | Conversion Date | ||
Fidelity® Disruptive Automation Fund | Fidelity® Disruptive Automation ETF | June 9, 2023 | ||
Fidelity® Disruptive Communications Fund | Fidelity® Disruptive Communications ETF | June 9, 2023 | ||
Fidelity® Disruptive Finance Fund | Fidelity® Disruptive Finance ETF | June 9, 2023 | ||
Fidelity® Disruptive Medicine Fund | Fidelity® Disruptive Medicine ETF | June 9, 2023 | ||
Fidelity® Disruptive Technology Fund | Fidelity® Disruptive Technology ETF | June 9, 2023 | ||
Fidelity® Disruptors Fund | Fidelity® Disruptors ETF | June 16, 2023 |
Growth stock vs. value stock? It’s all in the eye of the beholder
March 6, 2023--Value versus growth? Sometimes, it's hard to tell the difference. And sometimes, it may depend on what index you are using.
Is Microsoft a growth or value stock? Most investors would say it's a growth stock, because it has the traditional characteristics of a growth stock: earnings are growing.
But Microsoft is now being classified as partly a growth stock by Standard & Poors, and partly a value stock.
What about Meta? It too was considered a classic growth stock. Not anymore. S&P now says it is 100% a value stock.
BlackRock ETF Trust files with the SEC-BlackRock Future Climate and Sustainable Economy ETF
March 3, 2023-BlackRock ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the BlackRock Future Climate and Sustainable Economy ETF.
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iShares Trust files with the SEC-iShares Climate Conscious & Transition MSCI USA ETF
March 3, 2023-iShares Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the iShares Climate Conscious & Transition MSCI USA ETF.
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iShares U.S. ETF Trust files with the SEC-iShares Transition-Enabling Metals ETF
March 3, 2023-iShares U.S. ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the iShares Transition-Enabling Metals ETF.
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Capitol Series Trust files with the SEC-Hull Tactical US ETF
March 3, 2023-Capitol Series Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Hull Tactical US ETF.
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PIMCO ETF Trust files with the SEC-PIMCO Multisector Bond Active Exchange-Traded Fund
March 3, 2023-PIMCO ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the PIMCO Multisector Bond Active Exchange-Traded Fund.
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State Street to merge $1.8bn ETF into larger fund
March 3, 2023--Asset manager will also close three smaller ETFs that track Bloomberg sustainable accounting SASB indices
State Street Global Advisors plans to merge away a $1.8bn small-cap equity ETF into a larger vehicle, and shutter three tiny ETFs, filings show.
The SPDR 600 Small Cap ETF (SLY) will be absorbed by the $5.2bn SPDR Portfolio S&P 600 Small Cap ETF (SPSM), effective June 9.
Both funds hold many of the same investment strategies and track the S&P Small Cap 600 Index, regulatory disclosures show.
"The merger of SLY and SPSM aligns the product suite by having one ETF track the S&P SmallCap 600 Index," the company said.
First Trust Launches First Trust Bloomberg Emerging Market Democracies ETF
March 3, 2023--An ETF that focuses on companies in emerging market countries where political rights and civil liberties are highly regarded
First Trust Advisors L.P. ("First Trust"), a leading exchange-traded fund
("ETF") provider and asset manager, announced today that it has launched a new
ETF, the First Trust Bloomberg Emerging Market Democracies ETF (NYSE Arca:
EMDM) (the "fund").
The fund seeks investment results that correspond
generally to the price and yield (before the fund’s fees and expenses) of an
equity index called the Bloomberg Emerging Market Democracies Index (the
"index").
The majority of global economic growth is expected to occur outside of the U.S. in the next few years, particularly in emerging markets, according to data from the International Monetary Fund ("IMF"). Traditional emerging market benchmarks may have significant weight in countries whose governmental policies and living conditions may not reflect democratic views toward individual and collective freedoms.
Inverse Cramer Tracker and Long Cramer Tracker ETFs Launch on CBOE (SJIM & LJIM)
March 2, 2023--Funds Offer Inverse Exposure (SJIM) and long exposure (LJIM) to the public recommendations of media personality Jim Cramer
The Inverse Cramer Tracker ETF (CBOE:SJIM) and The Long Cramer Tracker ETF (CBOE:LJIM) will start trading on the CBOE today.
These distinctive exposures allow investors to profit a decline or a rise in the public recommendations of Jim Cramer (on CNBC or on Twitter).
SJIM and LJIM offer investors of all sizes and types convenient "one-ticker" access to take sides on Jim Cramer's recommendations that may otherwise be difficult to execute on their own. SJIM is an actively managed exchange traded fund that attempts to achieve the inverse of Jim Cramer's recommendations by going short anything he recommends buying and going long anything he doesn't like. LJIM is an actively managed exchange traded fund that goes long anything that Jim Cramer recommends buying
ETF Series Solutions files with the SEC-International Drawdown Managed Equity ETF
March 2, 2023-ETF Series Solutions has filed a Post-Effective Amendment, Registration Statement with the SEC for the International Drawdown Managed Equity ETF.
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J.P. Morgan Exchange-Traded Fund Trust files with the SEC-JPMorgan Active Small Cap Value ETF
March 2, 2023-J.P. Morgan Exchange-Traded Fund Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the JPMorgan Active Small Cap Value ETF.
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BlackRock ETF Trust files with the SEC-BlackRock Flexible Income ETF
March 1, 2023-BlackRock ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the BlackRock Flexible Income ETF.
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BlackRock ETF Trust files with the SEC-BlackRock Large Cap Value ETF
March 1, 2023-BlackRock ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the BlackRock Large Cap Value ETF.
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Listed Funds Trust files with the SEC-6 Roundhill BIG ETFs
March 1, 2023-Listed Funds Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
Roundhill BIG Tech ETF
Roundhill BIG Airlines ETF
Roundhill BIG Defense ETF
Roundhill BIG Bank ETF
Roundhill BIG Oil ETF
Roundhill BIG Railroad ETF.
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