HealthShares to Liquidate ETFs
After failing to gain sufficient market following for a family of specialized healthcare ETFs, HealthShares has decided to liquidate its 4 remaining exchange traded funds by year end.
HHV
XShares Rationalizes HealthShares Line-Up
XShares Advisors announced a reorganization of its flagship family of HealthShares ETFs. XShares will close 15 of the 19 HealthShares ETFs due to a lack of investor interest. The last day of trading for the funds will be September 19, 2008.