ETFs

In this week’s fund news, long-time active manager Putnam to launch ETFs, Cubs owner Tom Ricketts merges his bond broker with 280 CapMarkets, and iCapital, CAIA introduce a new alt investing education platform.

The head of RIA Morgan Creek Capital recently launched an ETF to diversify investments in the blank-check companies.

Ark already owns 10% or more of at least 24 companies, including Invitae Corp, Cerus Corp. and CRISPR Therapeutics.

QQQJ, whose biggest holdings include Roku and CrowdStrike Holdings, has absorbed about $343 million in inflows so far this year.

In this week’s fund news, investors flock to sustainable funds, ETF.com is sold, and advisors prefer a digital wholesaling relationship.

DFA's three ETFs have absorbed about $337 million so far in 2021.

Investors put $15 billion into broad/regional non-U.S. ETFs and $2.5 billion into country-specific ETFs since the start of 2021, according to CFRA’s First Bridge data.

Lenders have issued about 50 structured products tied to Ark’s ETFs in the past three months, according to SEC filings.