XShares Advisors LLC, exchange traded fund (ETF) provider, announced it has joined in agreement with Elliot Wave International Inc. to create ETFs based on technical methods it has developed. Elliot Wave formulates and evaluates indices designed to satisfy special needs in the financial marketplace, reports David Hoffman of InvestmentNews. Elliot Waves theories and analytics are consistent with XShares approach to bring innovative financial products to the marketplace. XShares ETFs debuted with the HealthShares line in January on the New York stock Exchange.
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