Heading the list for SPY related ETFs was David Kotok managed Cumberland Advisors. Kotok believes that his line up of ETFs will continue to be good performers into 2014 as well. SPDR S&P 500 ETF Trust(NYSEARCA:SPY) is the benchmark this investor looks to keep and shares that the selection of funds into this year is largely based on the holding weightage the company holds when the dynamics of the ETF are subject to changes. However, he was quick blog url to note that these were the core positions as of current variable and would take a situation based call, whenever required.
This ETF Holds Stocks Insiders Want to Own
The ETF holds a total of $4,982,237 worth of ETP, making it the #26 largest holding. The table below details the recent insider buying activity observed at ETP: ETP last trade: $53.28 Recent Insider Buys: Purchased $53.95 $4,316.00 Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with a special 20% off coupon from Forbes and 30 Days Free. And Martin Midstream Partners LP ( NASD: MMLP ), the #49 largest holding among components of the Multi-Asset Diversified Income Index Fund ( NASD: MDIV ), shows 6 directors and officers as recently filing Form 4s indicating purchases. The ETF holds $3,808,736 worth of MMLP, which represents approximately 0.72% of the ETFs total assets at last check. The recent insider buying activity observed at MMLP is detailed in the table below: MMLP last trade: $43.18 Recent Insider Buys: Purchased
Another Look at ETF Industry Growth
That marked the second consecutive year ETF asset growth topped $200 billion. Flows to U.S. ETFs and ETNs dominated at a combined $190.5 billion, according to BlackRock ( BLK ), the worlds largest asset manager. [ Record ETF Inflows in 2013 ] In 2013 the US ETF market grew in total assets, doing so through nearly $200 billion in net inflows, and also market appreciation, which amounted to growth of more than 20% compared to 2012 AUM levels. When the dust settled on 2013, total assets in US-listed ETFs stood at $1.7 trillion, nearly $300 billion above 2012 levels, according to Dorsey Wright & Associates . There are now over 1,500 ETFs and exchange traded notes (ETNs) listed in the U.S.
Winkelvoss Bitcoin ETF Concept Inches Along
dollar, therefore rendering it ineffective as a hedging tool. Greebel said the ETF should help the development of a large, institutional exchange for bitcoin to complement the offerings that currently exist from retail-focused platforms, according to the Journal. He did tell the Journal when the ETF could be approved or debut for public consumption. Bitcoin and the ETF concept got something of a lift in November when representatives from the Department of Justice and Securities and Exchange Commission told the U.S. Senate Committee on Homeland Security that the currency is indeed a legitimate financial tool. [Bitcoin Moves to Legitimacy; ETF to Follow] ETF Trends editorial team contributed to this post.
Warburg Pincus snaps up stake in ETF provider