Thursday May 12, 2011
We have a new mega-cap investing style ETF today from First Trust (who's been on a new ETF roll lately)...
- FMK - First Trust Mega Cap AlphaDex Fund
The new ETF tracks the Defined Mega Cap Index and targets sectors like Energy, Health Care and IT companies as well as big names like Intel, Eli Lilly, Baker Hughes, Chevron, Caterpillar.
FMK is trading around $19.68 and if you want to see other mega-cap ETFs, then you know I have what you need...
Wednesday May 11, 2011
Today we have a new ETF from First Trust focusing on the auto industry...
- CARZ - First Trust NASDAQ Global Auto Index Fund
The new industry ETF tracks the NASDAQ OMX Global Auto Index and both the index and the fund target the largest ($500 million market-cap) and most liquid (3 month trading average trading value of $1 million) company stocks in the car manufacturing sector. Companies like Ford, Toyota, Honda, GM and Daimler.
You can see the full details on the CARZ fact sheet and as of today's close, it is trading around $29.98.
Tuesday May 10, 2011
Following on the heels of yesterday's new fishing ETF from Global X, they have also launched a new Mexico ETF...
- MEXS - Global X Mexico Small Cap ETF
The new foreign ETF targets small-cap companies who are located in or conduct the majority of their business in Mexico. MEXS tracks the Solactive Mexico Small-Cap Index and Global X feels that small-cap stocks generally receive the majority of their revenues from the domestic economy and as a result, small-caps often provide more targeted exposure to the domestic economy in which they are located.
As of today, MEXS is trading around $14.55 and you can see the full details on the fact sheet. Or if you want to see other Mexico ETFs, check out these...
And you can see a full list of country-specific ETFs as well.
Monday May 9, 2011
Last week Global X launched a new ETF for the waste management industry and now they have another new one for the fishing industry...
- FISN - Global X Fishing Industry ETF
The new industry ETF tracks the Solactive Global Fishing Index and both the fund and the index target international companies involved in the fish industry. This includes commercial fishing companies and aquaculture firms (fish farming).
As of today, the new ETF is trading around $14.73 and you can see all the fishy (sorry) details on the FISN fact sheet.