“The Nasdaq Buyback Achievers brand continued to expand, as PowerShares launched ETPs linked to the Nasdaq International Buyback Achievers Index and the Nasdaq Global Buyback Achievers Index launched in the US and London, respectively. Three additional ETPs were launched in Israel by Psagot and KSM Financial Instruments Ltd (KSM) which track the Nasdaq International and Nasdaq US Buyback Achievers Indexes,” said NASDAQ in a statement.
The PowerShares International BuyBack Achievers Portfolio (NYSEArca: IPKW), the global equivalent of the wildly popular PKW, debuted in the U.S. in February.
Other new ETFs tracking NASDAQ indexes, include the First Trust Eurozone AlphaDEX ETF (NasdaqGM: FEUZ), which debuted less than two months ago and already has nearly $375 million in assets under management. [Fast Start for a new Europe ETF]
“Assets in the Guggenheim BulletShares family of ETFs reached $6.3 billion in the 18-months since the joint venture between Nasdaq and Accretive Asset Management began. These products are designed to track the Nasdaq BulletShares family of Indexes. In November 2014, two ETFs were launched by The Bank of Montreal in Hong Kong tracking Nasdaq Indexes. The BMO Hong Kong Banks ETF and the BMO Asia High Dividend ETF mark the first ETPs tracking Nasdaq Indexes in Hong Kong,” according to NASDAQ.
Tom Lydon’s clients own shares of QQQ.