iShares Expands Bond Listings; State Street Launches Russell 2000 ETF

By ETFDatabase | July 12, 2013 AAA

Stocks rallied this week after Federal Reserve Chairman Ben Bernanke quelled fears of the Fed scaling back its massive bond-buying program, reassuring that the economy still needs “highly accommodative monetary policy for the foreseeable future.” With earnings season just underway and analyst expectations still low, this rally may not last long, but two ETF issuers decided to take advantage of the post holiday market euphoria .

Market veteran State Street, introduced a new way to gain exposure to Small Caps:

  • SPDR Russell 2000 ETF : Building it’s own portfolio based on the Russell 2000, State Street released this new fund just after Independence day and already TWOK is making a dent in the existing Russell funds; IWM and VTWO .

iShares has once again expanded it’s already extensive lineup, focusing on global corporate bonds with a range of expiration dates :

  • iSharesBond 2016 Corporate Term ETF
  • iSharesBond 2018 Corporate Term ETF
  • iSharesBond 2020 Corporate Term ETF
  • iSharesBond 2023 Corporate Term ETF

Follow me on Twitter @lynpaintzall

Disclosure: No positions at time of writing.

comments powered by Disqus
Related Analysis
  1. JPMorgan Chase & Co., Other Financial Stocks Strong During Market Retreat
    Stock Analysis

    JPMorgan Chase & Co., Other Financial Stocks Strong During Market Retreat

  2. Big Week for Fed Prognosis - Ahead of Wall Street
    Stock Analysis

    Big Week for Fed Prognosis - Ahead of Wall Street

  3. Bull of the Day: American Woodmark (AMWD) - Bull of the Day
    Stock Analysis

    Bull of the Day: American Woodmark (AMWD) - Bull of the Day

  4. Bear of the Day: Fred's (FRED) - Bear of the Day
    Stock Analysis

    Bear of the Day: Fred's (FRED) - Bear of the Day

  5. Tepid Market Waters Across the Globe - Ahead of Wall Street
    Stock Analysis

    Tepid Market Waters Across the Globe - Ahead of Wall Street

Trading Center