FocusShares To Float Equity ETFs

New Jersey-based ETF firm,FocusShares新武器装备,将推出15ty funds,Index Universereports. The new vehicles will use float-adjusted market capitalization indexes ofMorningstarand cover every investment sector and style in the U.S. equities universe.

The planned ETFs include theFocus Morningstar U.S. Market Index ETF,Focus Morningstar Large Cap Index ETF,Focus Morningstar Basic Materials Index ETF, and theFocus Morningstar Communications Services Index ETF.The ETF firm, headed byErik Liik, became a unit of St. Louis-based online discount trading firm,Scottrade, in June 2010.

Click here for the story fromIndex Universe.