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  • ETF.com5 months ago

    2016 A Record Year For ETF Closures

    This past year has been a record year for ETFs, and we don’t mean launches. The list of ETF/ETN closures has topped out at 128 products for 2016. That’s far beyond the 102 closures that represents the previous record. “This isn't a sign of weakness; it's a sign of health. The ETF industry is still in the throes of creative destruction,” said ETF.com CEO Dave Nadig regarding the high level of delistings. “It's far better that funds are closed than that they sit around becoming untradable zombies.”

  • Benzinga10 months ago

    State Street To Shutter 12 ETFs

    State Street Global Advisors (SSgA), the third-largest U.S. issuer of exchange-traded funds, said it is closing 12 of its ETFs. Eight of the ETFs SSgA will close are international funds, while three are ...

  • Zacks11 months ago

    Market Welcomes Alibaba First Guidance: ETFs to Ride On

    Alibaba provided its first annual guidance after going public in 2014 that alleviated concerns over the company???s growth prospects.