MutualFundWire.com: ALPS Fetches a Fifth ETF
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Tuesday, April 17, 2012

ALPS Fetches a Fifth ETF


ALPS [profile] is working on its fifth exchange-traded fund. Benzinga reports that the Denver-based back-office provider and DST subsidiary filed to launch the ALPs Sector Dividend Dogs ETF, which will track the fifteen-year-old Sector Dividend Dogs Index.

"With dividend ETFs continuing to soar in popularity, issuers are scrambling to bring to new funds to market," Benzinga writes.

The filing did not include a ticker for the proposed ETF.

According to data from the ETF Industry Association, ALPS manages four ETFs with a combined AUM of more than $3 billion as of the end of March.


Printed from: MFWire.com/story.asp?s=39756

Copyright 2012, InvestmentWires, Inc.
All Rights Reserved
Back to Top