Huntington Asset Advisors, a unit of Huntington Bank, may soon launch a pair of actively managed exchange traded funds (ETFs) it first proposed last summer, according to a report.

Oliver Ludwig for Index universe reports that the funds are the Huntington US Equity Rotation Strategy ETF (NYSEArca: HUSE) and the Huntington Ecological Strategy ETF (NYSEArca: HECO). Expense ratios are set at 0.95% for both ETFs. [Eaton Vance Jumps Into The Active ETF Pool.]

HUSE, the rotating strategy ETF, will be at least 75% invested in the S&P Composite 1500. That index is a combination of the large-cap S&P 500, the S&P MidCap 400 and the S&P SmallCap 600.

HECO is to be the first actively managed green ETF, investing at least 80% of assets into shares of companies that have an ecological focus. [The First Actively Managed ETF Of Its Kind.]

Tisha Guerrero contributed to this article.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

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