ETFs

While the industry scores relatively low in its digital capabilities, firms that invest in technology are growing nearly twice as fast as their peers.

More than half of advisors would consider buying a smart beta muni bond ETF for clients, according to a Columbia Threadneedle poll.

One fund traded more than 800,000 shares in August, its second-largest monthly volume since inception.

The Fidelity Zero Total Market Index Fund attracted $753.5 million through Aug. 31, while the Fidelity Zero International Index Fund gathered $234.2 million, according to Fidelity’s website.

Fees were nearly half the price of the top-performing active funds.

Forget bond ladders. Laddering defined-maturity exchange traded funds may be a safer fixed-income strategy for clients.

The SPDR fund’s assets have surged over 23% this year to a record $16 billion as the retailer inches closer to America’s second trillion-dollar company.

The fund took in about $22 million in August.

To experience higher potential gains, clients need to be willing to tolerate losses at least occasionally. Striking the right balance between risk and reward is the tricky part.

There was some aggressive call options buying as sentiment pushed the country’s equities lower.

The fund hasn’t seen a day of inflows since June.

The liquidations are part of an ongoing process to ensure its products meet their clients' evolving needs, the firm says.

The proposals failed to show how exchanges would “prevent fraudulent and manipulative acts and practices," the commission said.

Investors moved nearly 2 million shares worth $55 million into two SPDR funds in a matter of hours.

With $145 million of net inflows, the fund is on track for its best month since June 2017.

Elkhorn Capital is being sued by investors who say its founder misrepresented a marketing relationship with Barclays.