Guggenheim S&P MidCap 400 Equal Weight ETF (EWMC) - NYSEARCA
  • Fri, Jan. 29, 8:07 AM
    • Shareholders in the Guggenheim Russell Equal Weight ETF (NYSEARCA:EWRI) will receive 0.61652528 shares of the Guggenheim S&P 500 Equal Weight ETF (NYSEARCA:RSP) for each share of EWRI they own as EWRI is folded into RSP. Any fractional shares will be paid in cash.
    • Also, the Guggenheim Russell MidCap Equal Weight ETF (NYSEARCA:EWRM) is now the Guggenheim S&P MidCap 400 Equal Weight ETF (EWMC) and tracks the S&P MidCap 400 index. And the Guggenheim Russell 2000 Equal Weight ETF (NYSEARCA:EWRS) is now the Guggenheim S&P SmallCap 600 Equal Weight ETF (EWSC) and tracks an S&P index.
    • Source: ETF Trends
    | Fri, Jan. 29, 8:07 AM
  • Nov. 18, 2015, 12:30 PM
    • An ETF industry first, according to ETF.com, Guggenheim's $9.6B S&P 500 Equal Weight ETF (NYSEARCA:RSP) will absorb the $70M Guggenheim Russell 1000 Equal Weight ETF (NYSEARCA:EWRI) on Jan. 26.
    • Alongside this move, the $129M Guggenheim Russell MidCap Equal Weight ETF (NYSEARCA:EWRM) and the $43M Guggenheim Russell 2000 Equal Weight ETF (NYSEARCA:EWRS) will take on new tickers, indexes, and names on that same date. They will become the Guggenheim S&P MidCap 400 Equal Weight ETF (EWMC) and the Guggenheim S&P SmallCap 600 Equal Weight ETF (EWSC), respectively.
    • The $528M  Guggenheim Russell Top 50 Mega Cap ETF (NYSEARCA:XLG) will also drop Russell in favor of S&P on Jan. 26, becoming the Guggenheim S&P 500 Top 50 ETF (keeping the same ticker).
    | Nov. 18, 2015, 12:30 PM | 3 Comments
  • May 16, 2014, 10:57 AM
    | May 16, 2014, 10:57 AM | 8 Comments
  • Dec. 8, 2010, 11:52 AM
    Rydex|SGI's Mike Byrum explaining the launch of Rydex's six new equal weight ETFs today: "[I'm] not saying cap-weighting is wrong... but you're missing exposure to the smallest names... When you equally weight, you're really capturing exposure to a full index."
    | Dec. 8, 2010, 11:52 AM
  • Dec. 8, 2010, 9:37 AM

    Rydex launched five new ETFs offering equal weight exposure to large, mid and small cap U.S. stocks (EWRI, EWRM, EWRS), EAFE (EWEF) and emerging markets (EWEM). A sixth equal weight ETF covering global equities (EWAC) is slated to begin trading in January. Equal weighting has performed well: the Rydex S&P 500 Equal Weight ETF (RSP) has beaten the S&P 500 over the recent one-, three- and five-year periods and by roughly 4.5% YTD.

    | Dec. 8, 2010, 9:37 AM | 1 Comment
EWMC Description
Seeks to correspond as closely as possible, before fees and expenses, to the price and yield performance of the S&P MidCap 400® Equal Weight Index.
See more details on sponsor's website
Country: United States
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