JPMorgan has finally commented on what it will be doing with the active ETF it is inheriting from
Bear Stearns. A JPMorgan spokesperson told the
WSJ's Ian Salisbury that the company will "take a close look" at what to do with the product after the acquisition is complete. In his article, Salisbury also looks at the assets gathered by active ETFs since their launches. The Bear Stearns ETF, unveiled in March, has about $50 million in assets;
Invesco's four funds, launched in April, have a combined $11 million in assets; and
WisdomTree Investments' six currency and current income-oriented funds, most of which were rolled out last week, have a total of $120 million.
 
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