July was dominated by Q2 earnings reports, with low expectations going into the season. While trading was lackluster and earnings reports were mixed at times, Ben Bernanke has continued charging forward with his plans to work the economy off of QE and back into a self sustaining cycle. Ending the month was the GDP results for Q2, which came in better than expected, thoug the figure is still not rising at an outstanding rate [for updates on all new ETFs, sign up for the free ETFdb newsletter ].
July saw a number of new funds launch, with 15 new ETFs entering the ring and five different companies making plans with the SEC for new launches later in the year [see Free Member Report: How To Pick The Right ETF Every Time ].
New exchange-traded products that began trading in June include:
A number of new issuers filed paperwork in July to join the ETF market, along with some industry veterans:
After a number of closings in June, issuers have focused more on filling the pipeline than cutting dead weight, leading to no closures this month.
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Disclosure: No positions at time of writing.
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