It’s been another up and down week on Wall Street, as investors continue to digest mixed earnings and economic reports. Small cap stocks were hit particularly hard on Tuesday, with the Russell 2000 Index (IWM) falling 1.5% during the session. On the macro front, investors awaited minutes from the Federal Reserve’s April meeting [see Owning the Market Isn't As Easy As It Sounds]. In ETF news, last week investors welcomed yet another ETF first - Merk’s Gold Trust (OUNZ). The fund is designed to track the spot price of gold bullion, but gives investors the ability to trade shares in exchange for physical gold bullion. Last week, PowerShares also reported a new filing for a Multi-Strategy Alternative fund, an actively manged ETF that looks to minimize volatility in broad alternative asset classes while still providing investors with a strong return utilizing a long-short strategy. On Wednesday, investors welcomed yet another fund from Deutsche Asset & […] Click here to read the original article on ETFdb.com. Related Posts: The Most Successful New ETFs of 2013 Inside the Harvest CSI 300 China A-Shares Fund (ASHR): A Better Way to Invest Overseas Global X Debuts Emerging & Frontier ETF (EMFM); ASHR and DXKW Launch
It’s been another up and down week on Wall Street, as investors continue to digest mixed earnings and economic reports. Small cap stocks were hit particularly hard on Tuesday, with the Russell 2000 Index (IWM) falling 1.5% during the session. On the macro front, investors awaited minutes from the Federal Reserve’s April meeting [see Owning the Market Isn't As Easy As It Sounds]. In ETF news, last week investors welcomed yet another ETF first - Merk’s Gold Trust (OUNZ). The fund is designed to track the spot price of gold bullion, but gives investors the ability to trade shares in exchange for physical gold bullion. Last week, PowerShares also reported a new filing for a Multi-Strategy Alternative fund, an actively manged ETF that looks to minimize volatility in broad alternative asset classes while still providing investors with a strong return utilizing a long-short strategy. On Wednesday, investors welcomed yet another fund from Deutsche Asset & […]
Click here to read the original article on ETFdb.com.
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