New ETFs Busy This Week

It is a busy week for new exchange traded fund offerings.

Barclays aunched five new exchange traded funds today to add to their list of iShares.  The new ETFs are:

• iShares S&P Global Consumer Discretionary Sector (RXI)
• iShares S&P Global Consumer Staples (KXI)
• iShares S&P Global Industrials (EXI)
• iShares S&P Global Utilities (JXI)
• iShares S&P Global Materials (MXI)

PowerShares also launched new ETFs this week.  The 10 new ETFs are based on FTSE RAFI fundamental indexes.

• PowerShares Consumer Services (PRFS)
• PowerShares Energy (PRFE)
• PowerShares Financial (PRFF)
• PowerShares Healthcare (PRFH)
• PowerShares Industrial (PRFN)
• PowerShares Telecom (PRFQ)
• PowerShares Utilities (PRFU)
• PowerShares Small-Mid 1500 (PRFZ)

Claymore Securities added 5 new ETFs this week, including the first U.S. ETF based on an index that tracks stocks of Brazil, Russia, India and China (BRIC countries).

• Claymore/BNY BRIC (EEB)
• Claymore/Zacks Yield Hog (CVY)
• Claymore/Zacks Sector Rotation (XRO)
• Claymore/Sabrient Insider (NFO)
• Claymore/Sabrient Stealth (STH)