December ETF Roundup: Launches, Filings And Closures

December was another slow month for ETF growth, as many investors were still trying to brace for the fiscal cliff, and by the end of the month many were not focused on markets, but taking time off to be with family and friends around the holidays [for updates on all new ETFs, sign up for the free ETFdb newsletter]. The re-election of President Obama in November and the looming fiscal cliff has brought a lot of confusion to the general market, which may have played a part in the ETF slowdown, along with the lowered consumer confidence. Four funds left the market, but the real excitement this month was in the filings of three funds and five funds entering the market [see Free Member Report: How To Pick The Right ETF Every Time]. New ETFs New exchange-traded products that began trading in December include: PowerShares S&P 500 Downside Hedged Portfolio (PHDG): PowerShares launched PHDG earlier this [...] Click here to read the original article on ETFdb.com. Related Posts: 2011: A Year Of ETF Firsts FlexShares Rolls Out 3 Dividend ETFs The Cheapest Actively Managed ETFs Guggenheim Debuts Three More BulletShares Bond ETFs ETF Insider: Greek Woes Rattle Confidence