Interesting New Products

Greenhaven launched a new Commodity ETF last thursday. The symbol is GCC and it is based on the old CCI(Continuous Commodity Index).  The Index has 17 commodities equally weighted. The bulk of the other Commodity based ETFs are heavily weighted with the energy sector. With 9000 shares on day one and 21,000 shares on day two it looks like a favorable launch.Van Eck launched a gaming ETF, symbol BJK.  While not moving quickly the first two days it appears to be a product with some hope.On the Municipal ETF front there continues to be signs of success. After a relatively slow start, there is some growth in AUM in the Barclays, Powershares and State Street lists. Van Eck offerings have been slower but like the others national products they should gain some momentum. 


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