Earlier this month, Charles Schwab said alternative weighted ETFs accounted for a robust 29% of inflows over the past year, attracting 39% of retail trader flows, 31% of RIA clients and 25% of retail investors while adding that in the second quarter, alternative weighted ETFs brought in 48% of inflows year-over-year. [Schwab: Alternative Index ETFs Attractive Heavy Inflows]
Familiar names on BFOR’s roster include Apple (NasdaqGM: AAPL), American Express (NYSE: AXP), Celgene (NasdaqGM: CELG), Exxon Mobil (NYSE: XOM) and Google (NasdaqGM: GOOG).
The Barron’s 400 Index was introduced by the venerable financial news magazine on the cover of its September 3, 2007 issue. It appears weekly in the magazine’s The Trader column and is rebalanced semi-annually, in March and September, said ALPS, BFOR’s distributor, in a statement on the fund’s launch data.
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of Apple, American Express and Google.