Two new ETFs were launched by State Street[profile] this month, according to an ETF Guide report.

James Ross, SSgA's senior managing director and global head of SPDR ETFs, said Tthe SPDR S&P 1500 Value Tilt ETF and the SPDR S&P 1500 Momentum Tilt ETF were launched to provide "advisors and investors with unique opportunities to take advantage of sources of outperformance relative to standard cap-weighted indexes and combining the advantages of value and momentum tilt investing with the benefits of exchange traded funds."

He added that these ETFs will "further illustrate the growing popularity of advanced beta investment strategies."

These new ETFs will charge 0.35 percent of annual expenses. 

Edited by: HFD


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