American Stock Exchange Lists Claymore/Zacks Dividend Rotation ETF
24 Octobre 2007 - 10:54PM
PR Newswire (US)
New Fund Tracks Equity Index by Zacks Investment Research, Inc. NEW
YORK, Oct. 24 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today announced that it has launched trading in the
Claymore/Zacks Dividend Rotation ETF by Claymore Securities, Inc.
(Claymore). The new product will trade under the ticker symbol IRO.
"We are pleased to support Claymore as they continue to expand
their family of ETFs and provide investors with new ways to add
dividend solutions to their portfolios," said Scott Ebner, Senior
Vice President of the Amex ETF Marketplace. Claymore/Zacks Dividend
Rotation ETF aims to track the Zacks Dividend Rotation Index, which
is comprised of approximately 100 stocks selected from a universe
of the 1,500 largest listed equity companies (based on market
capitalization) that pay dividends at least annually (in any
amount). The universe of companies eligible for inclusion in the
Index is comprised of all U.S. stocks listed on domestic exchanges,
including American depositary receipts. The companies are selected
using a proprietary methodology developed by Zacks Investment
Research, Inc. Goldman Sachs Execution & Clearing, LP is the
specialist for IRO. About the American Stock Exchange The American
Stock Exchange(R) (Amex(R)) offers trading across a full range of
equities, options and exchange traded funds (ETFs), including
structured products and HOLDRS(SM). In addition to its role as a
national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in
1993. Leading the industry in ETF listings, the Amex lists 360 ETFs
to date. The Amex is also one of the largest options exchanges in
the U.S., trading options on broad-based and sector indexes as well
as domestic and foreign stocks. For more information, please visit
http://www.amex.com/. DATASOURCE: American Stock Exchange CONTACT:
Bari Trontz, American Stock Exchange, +1-212-306-8964, Web site:
http://www.amex.com/
Copyright