EST ETF.com revealed as new name for IndexUniverse Want to see how this story relates to your watchlist? Just add items to create a watchlist now: Add or Cancel Already have a watchlist? Log In By Victor Reklaitis HOLLYWOOD, FLA. (MarketWatch) — IndexUniverse, which provides information about exchange-traded funds online and through conferences, has revealed a new name for itself: ETF.com.
The ETF charges a little higher in fees per year of 61 bps. The product looks to track the performance of the FTSE Portugal 20 Index, holding 20 Portuguese stocks in its basket. The index focuses on the biggest stocks in the nation (or those that primarily trading signal buy derive their revenues from the country), screening by liquidity and market capitalization (read: Global X Launches First Portugal ETF (PGAL) ). The fund is heavily concentrated on the top firm – Energias De Portugal – at about18% of total assets, closely followed by Gulp Energia and Jeronimo Martins at 14% and 12.5% respectively. From a sector perspective, utilities and consumer services dominate the fund’s portfolio at nearly 26% and 23%, respectively, indicating that the ETF might not be too volatile due to higher allocations to defensive sectors (see: all the European ETFs here ). Bottom Line With European stocks roaming around at six-year high levels, major banking organizations have predicted that the limelight will be particularly on Europe in 2014 pushing aside the U.S.
2014: The Year of the Portugal ETF? – ETF News And Commentary
First, each of these funds is deemed to be a high yield prospect because it boasts an annual dividend yield upwards of 5%. Second, each of these ETFs also boasts over $10 million in total assets under management to help steer investors away from less established funds. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETF Insider recommendations, sign up for a free 14-day trial of ETFdb Pro .
In 2013, ETF assets custodied at Schwab surged 29% to $196 billion compared with industry growth of 26%, according to the firms ETF Investor Snapshot released Thursday. At the end of the third quarter, ETF assets custodied at Schwab reached $179 billion. [Schwab Sees Significant q3 ETF Asset Growth] Retail trader helped drive growth at Schwab as that group captured 12% of 2013 inflows, more than the double the 4% they contributed in 2012. The remaining 91% was split between retail investors and registered investment advisors. Whether it is active traders or advisors, it appears Schwabs reputation as one of the low-cost leaders in the ETF space is driving firm flows. In October, the company added 16 new ETFs including five from Guggenheim, five from SPDR ETFs and six from Charles Schwab Investment Management, to its Schwab ETF OneSource platform of commission-free ETF offerings.
Schwab Continues Gaining ETF Assets
( NYSE: DAL ), which makes up 1.21% of the Vanguard Industrials ETF ( AMEX: VIS ), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $18,384,886 worth of DAL, making it the #20 largest holding. The table below details the recent insider buying activity observed at DAL: DAL last trade: $32.50 Recent Insider Buys: Purchased $28.28 $113,119.50 Special Offer: Free Sample Issue to the Preferred Stock List Newsletter plus 20% OFF your subscription And United Continental Holdings Inc ( NYSE: UAL ), the #29 largest holding among components of the Vanguard Industrials ETF ( AMEX: VIS ), shows 2 directors and officers as recently filing Form 4s indicating purchases. The ETF holds $11,515,574 worth of UAL, which represents approximately 0.76% of the ETFs total assets at last check. The recent insider buying activity observed at UAL is detailed in the table below: UAL last trade: $48.43 Recent Insider Buys: Purchased
ETF women convene in Florida
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