Following company-specific missteps in the first half of the year, health insurance providers or managed care organizations (MCOs), have been laggards relative to other sub-sectors in 2012.
Invesco PowerShares Capital Management announced today that it expects to deliver zero long-term capital gains distributions across 120 of 123 equity and fixed-income ETFs for 2012.
IndexIQ, the Rye Brook, N.Y.-based ETF firm known for its hedge fund replication strategies, is closing its IQ Emerging Markets Mid Cap ETF (NYSEArca:EMER) at the end of the trading session