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First Trust Launches 3 ETFs (FPXI, FEMB, LMBS); Cambria Debuts Global Momentum Fund (GMOM)

By: ETFdb
U.S. equities traded slightly higher on Wednesday, following the conclusion of the midterm elections, where Republicans managed to take control of Congress. In economic news, ADP’s private sector payrolls rose by 230,000 in October, coming in above the expected 220,000 gain. The Institute for Supply Management reading on U.S. services was also reported, coming in below expectations, though still within expansion territory. Meanwhile, the S&P 500 is on track to report third quarter earnings growth of 8% from a year prior, with more than 400 companies reporting [see also Invest Like a Billionaire: Under the Hood of the IBLN ETF]. In ETF news, First Trust introduced three new exchange-traded funds, including the international version of its popular IPO ETF. Cambria Funds also launched a new fund this week, which is actively managed by Mebane Faber and Eric Richardson. First Trust Introduces Three New ETFs First Trust added three new products to […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
U.S. equities traded slightly higher on Wednesday, following the conclusion of the midterm elections, where Republicans managed to take control of Congress. In economic news, ADP’s private sector payrolls rose by 230,000 in October, coming in above the expected 220,000 gain. The Institute for Supply Management reading on U.S. services was also reported, coming in below expectations, though still within expansion territory. Meanwhile, the S&P 500 is on track to report third quarter earnings growth of 8% from a year prior, with more than 400 companies reporting [see also Invest Like a Billionaire: Under the Hood of the IBLN ETF]. In ETF news, First Trust introduced three new exchange-traded funds, including the international version of  its popular IPO ETF. Cambria Funds also launched a new fund this week, which is actively managed by Mebane Faber and Eric Richardson. First Trust Introduces Three New ETFs First Trust added three new products to […]

Click here to read the original article on ETFdb.com.

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