Advisory firms manage all-ETF portfolios for some investors, but the catch is relatively high account minimums. As more individual investors show interest in ETFs, the higher account minimums are not suitable. In turn, some of the larger advisory firms are lowering account minimums to help target a bigger investor pool.
SCTO is up about 2% since coming to market.
Global X | JPMorgan US Sector Rotator Index ETF
ETF Trends editorial team contributed to this post.