Four ETFs To Close Their Doors

Claymore, the ETF issuer known for its suite of targeted sector funds and China ETFs, has announced that September 10 will be the last day of trading for four of its exchange-traded funds. The ETFs to be shuttered include: Claymore/Zacks Dividend Rotation ETF (IRO) Claymore/Zacks Country Rotation ETF (CRO) Claymore/Beacon Global Exchanges, Brokers & Asset Managers Index ETF (EXB) Claymore/Robb Report Global Luxury Index ETF (ROB) IRO and CRO were based on indexes maintained by Zacks that sought to rotate holdings based on proprietary methodologies. EXB was one of the more targeted options withing the Financials Equities ETFdb Category, seeking exposure to companies that operate a security exchange or brokerage/asset management firm as a primary business. ROB offered a “pure play” on the consumer discretionary sector, focusing on manufacturers of high end automobiles, apparel, and accessories [see Nine Twists On Sector ETF Investing]. According to the July ETF data from the National Stock Exchange, ROB [...] Click here to read the original article on ETFdb.com. Related Stories: Claymore To Close Four ETFs Crude Oil ETF Shuts Its Doors Iraq Opens Its Doors: Oil & Gas ETFs In Focus