Sentences with phrase «larger creation units»

Institutional investor can then break down the larger creation units into ETF shares.

In terms of Tradability it reigns supreme despite a large creation unit size, thanks to good underlying liquidity and heavy daily trading activity.

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.

RSX issues and redeems shares at NAV only in a large specified number of shares, each called a «Creation Unit,» or multiples thereof.

The larger ship enabled the creation of an inpatient unit, a pediatric nursing school and an onboard research facility.

The State Street Global Advisors SPDR Series is one of the largest in the market for ETF sector investing and offers an example for how creation units are utilized.

However, shares are not individually redeemable, and may only be redeemed directly from the Fund by Authorized Participants, in very large creation / redemption units.

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.

However, shares are not individually redeemable from the ETFs and may only be purchased and redeemed directly from the ETFs by Authorized Participants, in very large creation / redemption 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.

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».

Shares are not individually redeemable from the ETF, however, shares may be redeemed directly from an ETF by Authorized Participants, in very large creation / redemption 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.

However, shares may only be redeemed directly from a Fund by Authorized Participants, in very large creation / redemption units.

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.

Shares are not individually redeemable from the Fund, however, Shares may be redeemed directly from a Fund by Authorized Participants, in very large creation / redemption units.