State Street Global Advisors Launches Nine New Exchange-Traded Funds including a S&P dividend fund and three financial sector funds. Financial services stocks have been some of the top performers in the last month and State Street now provides a few more thinly slices of that pie.
The SPDR Dividend ETF tracks the S&P® High Yield Dividend
Aristocrats Index, which includes the 50 highest-yielding S&P
Composite 1500 constituents that have increased their dividends every
year over the past 25 years.
The new funds, and their ticker symbols, are:
FUND NAME TICKER SYMBOL
SPDR Dividend ETF SDY
streetTRACKS KBW Bank ETF KBE
streetTRACKS KBW Capital Markets ETF KCE
streetTRACKS KBW Insurance ETF KIE
streetTRACKS DJ Wilshire Large Cap ETF ELR
streetTRACKS DJ Wilshire Mid Cap ETF EMM
streetTRACKS DJ Wilshire Mid Cap Growth ETF EMG
streetTRACKS DJ Wilshire Mid Cap Value ETF EMV
streetTRACKS DJ Wilshire Small Cap ETF DSC
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