Thursday, May 3, 2007

Claymore ETFs


I was doing market research this morning and noticed how a few of Claymore's ETFs were moving up towards the top of our rankings. Claymore is an interesting shop - as they have rolled out 20 or so ETFs with unique objectives. Click here to visit their ETF page. Their literature states how "Claymore ETFs provide access to innovative indices distinctly designed as investment solutions.....the indices Claymore ETFs track seek to best capture the investment potential of unique strategies." Innovative and unique strategies indeed. Per yesterday's volume tracker of their ETFs, the biggest one by volume was the BRIC ETF; symbol = EEB: Claymore/BNY BRIC ETF. The one that caught my eye today was NFO - the Sabrient Insider ETF. The unique theme here is insider buying, and the objective of the particular Index which the ETF is tied to is to actively represent a group of stocks that are reflecting favorable corporate insider buying trends. The chart above shows a nice move since the mini meltdown in late February.

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