JP Morgan To Service FocusShares ETFs

FocusShares has appointed JP Morgan Worldwide Securities Services for its 15 new Morningstar exchange-traded funds (ETFs). The ETFs began trading March 30 on the NYSE Arca.

The Focus Morningstar ETFs include a U.S. Market ETF, Small Cap, Mid Cap and Large Cap ETFs and 11 sector ETFs. New York-based JP Morgan services around 138 ETFs with total assets of over $97 billion.