February continued the bull run in the U.S. market, with reports every week showing stronger economic growth both domestically and overseas. Even the arguing in Washington and worries of sequestration do not seem to be slowing down the upward market trend [for updates on all new ETFs, sign up for the free ETFdb newsletter ].
After the slow rate of entry into the ETF space in the previous months, the introduction of nine new funds in February alone is cause for celebration and signifies that issuers are finally ready to reenter the market. Bringing the total count to 13 funds created so far in 2013, it does not look like this expansion will be slowing anytime soon [see Free Member Report: How To Pick The Right ETF Every Time ].
New exchange-traded products that began trading in February include:
A number of filings for new products hit the wire in February, and they will be launched later this year:
Invesco decided back in December that 13 of its funds would come to a close on the 26th of this month; however, combined the funds only make up 1% of the ETF giants funds, so there is little cause for concern:
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Disclosure: No positions at time of writing.
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