Indexing boutique North Shore Indices and white-label ETF provider Exchange Traded Concepts have teamed up to launch an ETF providing targeted exposure to the global uranium mining sector. Listed on NYSE Arca, the North Shore Global Uranium Mining ETF (URNM US) offers a thematic play on nuclear power demand growth and uranium supply deficits. It is likely to appeal to investors who anticipate a comeback in the spot price of uranium. Tim Rotolo, CEO & Founder of North Shore Indices, said, “The fund represents a timely launch that will offer a broad range of investors access to a much-needed unique play on the uranium sector.”

Amplify ETFs has announced that the $230 million YieldShares High Income ETF (YYY US), a passively managed fund providing high levels of income by investing in closed-end funds (CEFs), has become part of the Amplify ETF Trust. The move sees the fund transition from the auspices of the Exchange Traded Concepts Trust, having been launched through a partnership between YieldShares and white-label ETF issuer Exchange Traded Concepts in June 2013. Christian Magoon, CEO and Founder of Amplify ETFs, commented, “Given the success of YYY, we are thrilled to have the fund formally become a part of the Amplify ETF Trust. As an income-oriented product, YYY is a great complement to our thematic ETF line-up.”

The first ETF to provide targeted exposure to companies linked to the ETF industry is scheduled to close. The ETF Industry Exposure & Financial Services ETF (TETF US) will have its last day of trading on 18 June.

We are thrilled to be working with the Qraft Technologies team to bring this timely and innovative fund to market. These funds are actively managed by the AI system AQUA which was developed by Qraft Technologies. Great colleagues and great ideas are the true drivers of ETF success. We’re very pleased to add Qraft Technologies and QRFT & AMOM to our growing list of partners and innovative ETF solutions

Fundamental Income has launched the NETLease Corporate Real Estate ETF (NETL US) on NYSE Arca. Brought to market in partnership with Exchange Traded Concepts, the fund provides pure-play exposure to Real Estate Investment Trusts (REITs) focused on the ‘Net Lease’ segment of the property market.

New York-based Defiance ETFs has launched its debut fund, the Defiance Future Tech ETF (AUGR US), on NYSE Arca. The equity fund is designed to capture opportunities within the realm of augmented reality and virtual reality technology.

REX Shares has announced it is closing the REX VolMAXX Long VIX Futures Strategy ETF (VMAX US), currently trading on Cboe BZX. VMAX provides investors with exposure to the VIX via weekly futures.

Exchange Traded Concepts and Eve Capital have announced that the Wearable Technologies ETF (WEAR US) will home in on the augmented and virtual reality markets within wearable technology by adopting an new index. “Wearable technology is something that we still believe in. We just happen to believe that the augmented and virtual technology subset of wearables is the most exciting and could have a larger market impact going forward,” said Bryce Tillery, managing partner of Eve Capital.

MSCI has upgraded Saudi Arabia to “Emerging Market” status, following its latest Annual Market Classification Review. “Today’s announcement from MSCI, so close on the heels of KSA’s reclassification in the FTSE Russell Global Equity Index Series, marks the further integration of the Kingdom of Saudi Arabia into global capital markets,” said Sarah Al Suhaimi, chairperson of Tadawul.

Beyond Investing has launched the US Vegan Climate Index, an equity index that screens US large-cap stocks for veganism and environmental criteria. Claire Smith, CEO, Beyond Investing, said “We anticipate demand for financial products based on this index to serve the requirements of vegans and environmentalists who do not want their money supporting businesses whose activities they oppose.”