For years there have been ETFs that invest in niche industries, single countries and innovative cross sections of the economy.
A ground-breaking fund provider has taken that targeted focus one step further, by creating the first city-based ETF in the country -- and this month they are celebrating a big milestone.
The Nashville Area ETF (NYSE: NASH) enables investors to benefit from the diversified base of publicly-traded companies in Nashville, Tennessee. NASH is celebrating its one-year anniversary after the fund debuted in August 2013, and has declared a shareholder meeting to highlight local companies.
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Currently the Nashville Area ETF has just $7 million ...
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