An ETF is an investment fund, similar to a mutual fund, but it can be traded on stock exchanges throughout the trading day at a fluctuating market price, much like stocks. (A standard, open-end mutual fund may be resold by the investor directly to the mutual-fund company only at a price determined by the fund’s net asset value at the day’s end.) ETF’s generally hold stocks, bond or commodities and often track an index. ETFs gained in popularity in the U.S. following the introduction of Standard & Poor’s Depositary Receipts (“SPDRs” or “Spiders”) in 1993, which were intended to track the results of the S&P 500 Index. The number and types of ETFs has grown, including ETFs that are highly complex and that invest in less traditional strategies.

The investment and securities fraud attorneys at Moulton, Wilson & Arney, LLP have extensive experience representing individual investors in securities arbitration and litigation. Cindy Moulton, Michael Wilson and Lance Arney have successfully represented thousands of clients in securities and investment fraud cases, with combined claims of hundreds of millions of dollars.

If you have suffered an investment loss in an ETF, you may be entitled to recover all or part of your investment.  

Contact Moulton, Wilson & Arney, LLP for a free initial consultation.