New products introduced recently include an ETF from U.S. Bancorp and a Pakistan ETF from Global X.
Also, ERI Scientific Beta added families of indexes.
Here are the latest developments of interest to advisors:
1) U.S. Bancorp Adds ETF
U.S. Bancorp announced Tuesday the addition of the AlphaMark Actively Managed Small Cap ETF (SMCP).
SMCP is designed to invest in U.S.-listed securities, including American depositary receipts, that are less than $5 billion in market capitalization. It will provide actively managed small-cap exposure driven by earnings momentum at a reasonable price to cash flow while utilizing an alpha preservation strategy.
2) ERI Scientific Beta Adds Index Families