ETF Trends
ETF Trends

With three weeks in June to close out the quarter, Nasdaq said on Tuesday it’s on track to surpass its Q1 total of 25 new exchange-traded product listing additions.

In May, Nasdaq added five new ETP listings, growing the company’s total ETP listings to 264; Nasdaq added 18 new ETP listings and switches in April.

Three of these new May listings included thematic ETFs, which are becoming increasingly popular since they provide immediate access to a basket of securities tracking a current trend.

Related: Is the NYSE Losing Its Luster for ETFs?

Jeff McCarthy, Vice President and Head of ETP Listings at Nasdaq, said the company’s Q2 additions will soon surpass the total number of ETP listings and switches Nasdaq achieved in the first quarter.

“We also reached an important milestone last week to begin June and welcomed the first ETF from State Street Global Advisors (DWFI) – whose index is owned and was developed by Dorsey, Wright & Associates, a Nasdaq company – to list on Nasdaq,” McCarthy said.

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First Trust launched First Trust Alternative Absolute Return Strategy ETF (Nasdaq: FAAR) on May 19. This actively managed fund invests primarily in exchange-listed commodity futures contracts through a wholly-owned subsidiary of the fund.

BullMark launched BullMark LatAm Select Leaders ETF (Nasdaq: BMLA) on May 18; it’s a high-quality dividend paying stock ETF that focuses on emerging Latin American companies.

Related: Nasdaq Adds 18 New ETP Listings, Switches in April

Global X launched longevity focused ETF Global X Longevity Thematic ETF (Nasdaq: LNGR) and a health & wellness ETF Global X Health & Wellness Thematic ETF (Nasdaq: BFIT) on May 10. both of which fall within the firm’s Thematic – People fund suite and seek to benefit from changing demographics and consumer behaviors.

Finally, Global X also launched the Global X Millennials Thematic ETF (Nasdaq: MILN) on May 5, which focuses on investing in companies poised to benefit from the growing spending power of the US millennial generation.

For more information on New ETFs, visit our New ETFs category.