|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||31.12 - 31.26|
|52 Week Range||26.49 - 31.47|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.48%|
This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today’s article features Gary Stringer, president and chief investment officer of Memphis, Tennessee-based Stringer Asser Management. According to the latest J.P. Morgan Global Manufacturing & Services Purchasing Managers Index, the global economy grew in August, with output increasing at its fastest pace since April 2015.
The bulk of ETF assets in the U.S. today sits in the hands of only three issuers—iShares, Vanguard and State Street. These firms dominate asset flows as well as headlines most of the time. But it’s the smaller, up-and-coming providers that are seeing the more impressive relative growth.
This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today's article features Rusty Vanneman, chief investment officer of Omaha, Nebraska-based CLS Investments. The U.S. stock market, at least defined by the large companies in the Standard & Poor’s 500 Index, is at an all-time high. It’s been an incredible bull market—extending its streak as one of the longest and strongest in U.S. stock market history.