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Exchange Traded Concepts Files First “Robot” ETF; ALPS Plans MLP Fund
August 09, 2013 at 07:00 AM EDT
U.S. equity markets have taken somewhat of a breather these last few weeks, as investors turned their attention to looming concerns over Fed tapering and this quarter’s earnings results. Across the board, earnings reports as well as economic data have been mixed, causing a significant slowdown in the bullish momentum seen this year. The ETF industry, however, continues to fill the product pipelines, giving investors more options to gain cheap and efficient exposure to nearly every corner of the investable universe. This week, two ETF issuers filed paperwork for several compelling funds that investors should certainly keep their eye on [see ETF Database Launch Center]. Known for their “ETF-In-A-Box” solution, Exchange Traded Concepts drafted plans for a fund that will be the first and only one of its kind – a “robot” ETF: Robo-Stox Global Robotics and Automation Index ETF (ROBO): According to the SEC filing, this one-of-a-kind fund will target the growing global [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
U.S. equity markets have taken somewhat of a breather these last few weeks, as investors turned their attention to looming concerns over Fed tapering and this quarter’s earnings results. Across the board, earnings reports as well as economic data have been mixed, causing a significant slowdown in the bullish momentum seen this year. The ETF industry, however, continues to fill the product pipelines, giving investors more options to gain cheap and efficient exposure to nearly every corner of the investable universe. This week, two ETF issuers filed paperwork for several compelling funds that investors should certainly keep their eye on [see ETF Database Launch Center]. Known for their “ETF-In-A-Box” solution, Exchange Traded Concepts drafted plans for a fund that will be the first and only one of its kind – a “robot” ETF: Robo-Stox Global Robotics and Automation Index ETF (ROBO): According to the SEC filing, this one-of-a-kind fund will target the growing global [...]
