Revere Sector Opportunity ETF

RSPY is an actively managed fund that invests in ETFs that represent the 11 sectors of the S&P 500. Holdings are selected and weighted using a proprietary sector selection model.

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It was another quiet week for launches as the summer slump continued. Only seven funds launched during the week ending July 28, the same amount as last week.

This Week in ETFs: Launches Remain Slow

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The week ending Friday, July 21, has been busy for the ETF industry, though launches were muted. A total of seven funds rolled out, which suggests the market could be entering some kind of summer slump.

This Week in ETFs: A Summer Slowdown

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It was a fairly quiet week for the U.S. ETF industry, largely because of the Fourth of July holiday that fell in the middle of the week. Launches and closures were muted, as were filings for new funds.

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The Revere Sector Opportunity ETF (NYSE: RSPY) began trading on the New York Stock Exchange on Tuesday. “Using our proprietary process overlayed across the eleven sectors of the S&P 500 Index, we identify expected leadership through technical and macro analysis as well as options intelligence.

Revere Launches Actively Managed Sector ETF, ‘RSPY'

News for Revere Sector Opportunity ETF ETF (RSPY)