Sentences with phrase «creation unit blocks»

Creation unit blocks typically range from 25,000 to 600,000 shares.

Not exact matches

Prior to trading in the secondary market, shares of the fund are «created» at NAV by market makers, large investors and institutions only in block - size Creation Units.

Prior to trading in the secondary market, shares of the Fund are «created» at NAV by market makers, large investors and institutions only in block - size Creation Units of typically, 25,000 to 200,000 shares or multiples thereof.

Prior to trading in the secondary market, units of the ETF are «created» at NAV by designated brokers, large investors and institutions only in block - size Creation Units of typically, 25,000 to 200,000 units or multiples theunits of the ETF are «created» at NAV by designated brokers, large investors and institutions only in block - size Creation Units of typically, 25,000 to 200,000 units or multiples theUnits of typically, 25,000 to 200,000 units or multiples theunits or multiples thereof.

Liquidity is robust for retail investors and block liquidity is strong as well, though trading in multiple creation units could impact the underlying market.

EPE's acquisition that year of the nonprofit TV - production company Learning Matters Inc. was a key building block in the creation of Education Week Video, an EPE unit devoted to serving the booming interest in visual storytelling.

Creation units are issued in blocks of 50,000.

A creation unit is a block of new shares sold by an exchange - traded fund (ETF) company to a broker - dealer for sale on the open market.

Although designed for individual investors, institutional investors play a key role in maintaining the liquidity and tracking integrity of the ETF through the purchase and sale of creation units, which are large blocks of ETF shares that can be exchanged for baskets of the underlying securities.

Prior to trading in the secondary market, shares of the Fund are «created» at NAV by market makers, large investors and institutions only in block - size Creation Units of typically, 25,000 to 200,000 shares or multiples thereof.

Shares of exchange traded funds (ETFs) are not individually redeemable and owners of the shares may acquire those shares from the ETF and tender those shares for redemption to the ETF in Creation Units only, typically in blocks of 50,000 shares, see the Fund's prospectus for additional information regarding Creation Units.

Only so - called authorized participants (typically, large institutional investors) actually buy or sell shares of an ETF directly from or to the fund manager, and then only in creation units, large blocks of tens of thousands of ETF shares, which are usually exchanged in - kind with baskets of the underlying securities.

Instead, financial institutions purchase and redeem ETF shares directly from the ETF, but only in large blocks, varying in size by ETF from 25,000 to 200,000 shares, called «creation units».

Prior to trading in the secondary market, shares of the fund are «created» at NAV by market makers, large investors and institutions only in block - size Creation Units.

In exchange, the provider gives the AP a block of equally valued ETF shares, called a creation unit.

These seemingly opposite interests in ETFs make for a large and lucrative market not just for the ETF operators like BlackRock's iShares and State Street Global Advisors SPDRs, but also for the authorized participants — institutions that can create or redeem large blocks of new shares in an ETF (called creation units) for sale, and countless brokers that profit by trading ETF shares.