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Newcomer ValueShares Launches Quant Fund (QVAL); Recon Capital Adds Second ETF (DAX)
October 23, 2014 at 09:00 AM EDT
Following a three day rally, equity markets took a breather on Wednesday, after what has been a tumultuous few weeks on Wall Street. On the earnings front, International Business Machines (IBM), McDonald’s (MCD) and Coca-Cola (KO) reported worse-than-expected results, while Boeing (BA) and Apple (AAPL) managed to beat analyst estimates. In ETF news, newcomer ValueShares launched its first every ETF, the U.S. Quantitative Value ETF (QVAL). Recon Capital Advisors also launched its second fund this week, the DAX Germany ETF (DAX). A New Active ETF On Wednesday, ValueShares made its first ETF debut with the launch of the U.S. Quantitative Value ETF (QVAL). The actively managed fund seeks to invest in the cheapest, highest quality value stocks. The fund’s screening methedology includes the following five steps [see also How to Build an Income Portfolio with ETFs: Insights from David Fabian]: Identify Investable Universe, which consists of mid to large cap U.S. stocks. Forensic […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Following a three day rally, equity markets took a breather on Wednesday, after what has been a tumultuous few weeks on Wall Street. On the earnings front, International Business Machines (IBM), McDonald’s (MCD) and Coca-Cola (KO) reported worse-than-expected results, while Boeing (BA) and Apple (AAPL) managed to beat analyst estimates. In ETF news, newcomer ValueShares launched its first every ETF, the U.S. Quantitative Value ETF (QVAL). Recon Capital Advisors also launched its second fund this week, the DAX Germany ETF (DAX). A New Active ETF On Wednesday, ValueShares made its first ETF debut with the launch of the U.S. Quantitative Value ETF (QVAL). The actively managed fund seeks to invest in the cheapest, highest quality value stocks. The fund’s screening methedology includes the following five steps [see also How to Build an Income Portfolio with ETFs: Insights from David Fabian]: Identify Investable Universe, which consists of mid to large cap U.S. stocks. Forensic […]
