A London provider of exchange traded funds (ETFs), SPA ETF Plc, listed the first U.S. equities-focused, enhanced ETFs on the London Stock Exchange. These ETFs are based on fundamental indexes created by U.S. research company MarketGrader. The MarketGrader indexes use a methodology of weighting and evaluating stocks. The new ETFs include MarketGrader 40,100 and 200, all based on North American companies. They plan to launch three more in October focusing on large-, mid- and small-cap stocks.
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