American Stock Exchange Lists Three New State Street ETFs
October 15 2007 - 12:13PM
PR Newswire (US)
New ETFs Track Municipal Bond Market NEW YORK, Oct. 15 /PRNewswire/
-- The American Stock Exchange(R) (Amex(R)) today announced that it
has launched trading in three new exchange traded funds (ETFs) by
State Street Global Advisors (SSgA). These new State Street ETFs
bring the total number of ETF listings on the Amex to 353. "We are
pleased to be supporting SSgA as they continue to expand their
family of ETFs and provide the investing community with new ways to
diversify their portfolios," said Scott Ebner, Senior Vice
President of the Amex ETF Marketplace. "These products reflect a
growing investor interest in the municipal bond market." SPDR
Lehman New York Municipal Bond ETF (AMEX:INY) aims to track the
Lehman Brothers Managed Money Municipal New York Index which
follows publicly traded New York municipal bonds that cover the
U.S. dollar denominated New York tax exempt bond market, including
state and local general obligation bonds, revenue bonds, insured
bonds, and pre-refunded bonds. SPDR Lehman California Municipal
Bond ETF (AMEX:CXA) aims to track the Lehman Brothers Managed Money
Municipal California Index which follows publicly traded California
municipal bonds that cover the U.S. dollar denominated California
tax exempt bond market, including state and local general
obligation bonds, revenue bonds, insured bonds, and pre-refunded
bonds. SPDR Lehman Short Term Municipal Bond ETF (AMEX:SHM) aims to
track the Lehman Brothers Managed Money Municipal Short Term Index
which follows publicly traded municipal bonds that cover the U.S.
dollar denominated short- term tax exempt bond market, including
state and local general obligation bonds, revenue bonds, insured
bonds, and pre-refunded bonds. Kellogg Capital Group, LLC is the
specialist for INY, CXA and SHM. About the American Stock Exchange
The American Stock Exchange(R) (Amex(R)) offers trading across a
full range of equities, options and exchange traded funds (ETFs),
including structured products and HOLDRS(SM). In addition to its
role as a national equities market, the Amex is the pioneer of the
ETF, responsible for bringing the first domestic product to market
in 1993. Leading the industry in ETF listings, the Amex lists 353
ETFs to date. The Amex is also one of the largest options exchanges
in the U.S., trading options on broad-based and sector indexes as
well as domestic and foreign stocks. For more information, please
visit http://www.amex.com/. DATASOURCE: American Stock Exchange
CONTACT: Bari Trontz of American Stock Exchange, +1-212-306-8964,
Web site: http://www.amex.com/
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