June 01, 2011 at 07:00 AM EDT
May ETF Roundup: Launches, Filings, and Closures
May was a tumultuous month for equity markets, as instability around the world pushed and pulled on major indexes through the last several weeks. Perhaps the biggest news of the month was the re-emergence of the European debt crisis; with Greece in yet another dire situation, many investors are concerned about the overall stability of the euro. Aside from global affairs, the ETF industry made quite a splash in May thanks to an incredible level of activity on the product development front. Following April’s 43 new launches was a tall task, but the industry came close to matching the impressive total from the previous month; May saw 39 new products debut, making the month the second busiest of the year and one of the busiest ever for the exchange-traded product space. New ETFs ETFs that began trading in May include: Global X debuted six new products to give investors access [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Recapping A Wild Week Russell Debuts Slew Of Factor ETFs Russell Planning Major ETF Push Russell ETFs Debut October ETF Roundup: Launches, Filings, and Closures
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