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Why Long-Term Trends Remain Favorable For Robotics ETFs
Tuesday, October 9, 2018 - 12:52pm | 525After posting stellar returns in 2017, robotics and artificial intelligence exchange traded funds are struggling this year. Down nearly 8 percent this year, the Global X Robotics & Artificial Intelligence ETF (NASDAQ: BOTZ) epitomizes the trend. The good news is that the struggles being endured...
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Schwab Expands Commission-Free Platform
Tuesday, July 11, 2017 - 9:24am | 409Charles Schwab Corp (NYSE: SCHW), one of the largest discount brokerage firms, said Monday it is expanding its Schwab ETF OneSource platform. Schwab ETF OneSource is already the largest commission-free exchange-traded funds offering in the brokerage space. Fifteen ETFs from nine different issuers...
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Focusing On Emerging Markets Growth With This ETF
Monday, June 19, 2017 - 9:56am | 531Emerging markets equities and the corresponding exchange-traded funds are among this year's best-performing assets, but that is also a reminder that not all emerging markets ETFs are created equal. Investors looking for the next frontiers of developing markets economic growth may want to...
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Tsipras Calls Greek Bailout A 'Growth Package'
Monday, July 13, 2015 - 8:06am | 328Greece just got its third life as Eurozone leaders offered the country another bailout agreement following a weeks-long saga. European Commission Chief Jean-Claude Juncker said unequivocally that, "There will not be a ‘Grexit.'" Greek Prime Minister Alexis Tsipras framed the...
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Global X Debuts New YieldCo ETF
Friday, May 29, 2015 - 2:04pm | 467Global X Funds has never been one to shy away from unconventional income strategies and their existing forays into this space have been largely successful. For example, the Global X SuperDividend ETF (Global X Funds (NYSE: SDIV)) has accumulated over $1 billion in total assets by searching out...
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Global X to Reverse Split 3 Gold Miners ETFs, 3 Others
Friday, May 3, 2013 - 8:32am | 331Global X, the New York-based ETF sponsor known for its unique lineup of commodities and emerging markets funds, announced six of its ETFs will be reverse split, including three gold mining-related funds. The $29.4 million Global X Gold Explorers ETF (NYSE: GLDX) will undergo a 1-for-4 reverse...
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Global X to Roll Out Nigeria, Central Asia ETFs on Wednesday
Tuesday, April 2, 2013 - 1:33pm | 378Global X, the New York-based ETF issuer best known for its commodities and income-focused funds, will introduce two new ETFs on Wednesday, April 3 with a heavy focus on frontier markets. The Global X Nigeria Index ETF and the Global X Central Asia & Mongolia Index ETF will both debut tomorrow...
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A Look at a New Super Dividend ETF
Tuesday, March 12, 2013 - 3:03pm | 582Looking to capitalize on the success of its popular Global X SuperDividend ETF (NYSE: SDIV), Global X introduced a U.S.-focused equivalent today in the form of the Global X SuperDividend U.S. ETF (NYSE: DIV). Given its name, it is obvious the Global X SuperDividend U.S. ETF is a direct play on one...
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Global X Small-Cap MLP ETF to Debut Tuesday
Friday, January 11, 2013 - 6:35pm | 249Global X, the New York-based ETF sponsor known its lineup of commodities and unique sector funds, will introduce a new ETF focused on master limited partnerships (MLPs) on Tuesday January 15. The Global X Junior MLP ETF (NYSE: MLPJ) will be the firm's second MLP ETF. The firm introduced the Global...
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Global X Will Close 4 ETFs
Monday, September 24, 2012 - 9:36am | 306Global X, the New York-based ETF issuer known for its international and unique income and sector funds, announced it will close four of its ETFs. The announcement was made after the close of U.S. markets on Friday September 21. The following funds will be liquidated: The Global X Aluminum ETF (...
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As Europe ETFs Rebound, Nordic Plays Flex Their Muscles
Thursday, August 16, 2012 - 1:01pm | 682The Eurozone's sovereign debt crisis is nowhere close to being solved, but a favorable market environment has led to a resurgence for some of the embattled region's most egregious ETF offenders. As ETFs tracking Italy and Spain have bounced in recent months, funds tracking the Nordic region have...
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A Look Ahead: Next Week's ETFs to Watch (ASEA, QQQ)
Saturday, July 28, 2012 - 7:19pm | 623It was an excellent week for U.S. equities. Slowing growth in the world's largest economy stoked speculation about central bank easing, and European Central Bank chief Mario Draghi said he would do everything in his power to save the beleaguered euro. On Friday, the U.S. Department of Commerce...
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2 New Preferred ETFs to Debut Tuesday
Monday, July 16, 2012 - 5:18pm | 318Amid depressed interest rates on U.S. Treasuries and cash instruments, investors continue to chase yield in other asset classes with preferred stocks and ETFs that track preferred issues among the most popular options. Investors will get two more choices among preferred ETFs on Tuesday when Van...
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Global X to Launch Guru ETF on June 5
Monday, June 4, 2012 - 12:05pm | 216Global X, the New York-based ETF issuer known primarily for its unique commodities and emerging markets offerings, will introduce the Global X Top Guru Holdings Index ETF (NYSE: GURU) on Tuesday June 5. The new ETF will track the Top Guru Holdings Index, which is comprised of the top U.S.-listed...
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Social Media ETF Index Weights Facebook at 8.8%
Thursday, May 24, 2012 - 6:05pm | 264The Solactive Social Media Index, the index tracked by the Global X Social Media Index ETF (Nasdaq: SOCL), has allocated 8.8% of its weight to Facebook (Nasdaq: FB), according to Global X. The Global X Social Media Index ETF, the lone ETF devoted exclusively to the burgeoning social media ETF, has...