New ETFs On The Block: Arrow QVM Equity Factor ETF (QVM)

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ArrowShares, the Maryland-based issuer of exchange-traded funds with about $780 million in assets, recently launched the Arrow QVM Equity Factor ETF (QVM) to expand its offerings of the so-called “smart beta” ETFs. The new fund is passively-managed and is likely to complement the firm’s two existing ETFs: the passively-managed Arrow Dow Jones Global Yield ETF (GYLD) and the actively-managed Arrow …