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October ETF Roundup: Launches, Filings And Closures

Carolyn Pairitz

October may have started off well in the markets, but after a series of poor earning reports major equity indexes went into a tail spin, landing much lower than many expected to be.  Many of the new ETFs that were proposed earlier this year are now finally coming to market, offering unique and potentially profitable investment options; October saw the debut of the newest actively managed fund , as well as an interesting “core” lineup  aimed towards long-term investors [for updates on all new ETFs, sign up for the free ETFdb newsletter].

Wall Street was hit by poor earnings and lackluster developments on the product front, with the closing of thirty funds by the end of the month, all from only two issuers. At the same time, filing activity remains strong; issuers of all shapes and sizes continue to stuff new ideas into the pipeline, and hopefully we will see more of these funds launch before the end of the year [see Free Member Report: How To Pick The Right ETF Every Time]. 

New ETFs

New exchange-traded products that began trading in October include:

Coming Soon

A number of filings for new products hit the wire in September, many of which could begin trading at some point in the fourth quarter:

ETF Closings

Though there was tons of activity in the way of ETF creation, one company decided to close the doors on almost all of its ETFs while another cut some dead weight from its portfolio:

Disclosure: No positions at time of writing.

Click here to read the original article on ETFdb.com.

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