ETFdb – Stocks started off in a hole on Monday as investors fretted over the March employment report, however, pessimism faded throughout the week as earnings euphoria brought back the bulls.
The product development front was a bit quiet this week as Van Eck was the only issuer to beef up its lineup with a new high yield bond ETF; First Trust also laid down the groundwork for a hedge fund ETF and newcomer Pyxis is planning to debut its first actively-managed offering [see Free Report: How To Pick The Right ETF Every Time].
