Market Vectors to Reverse Split 7 ETFs
June 24, 2013 at 07:00 AM EDT
Market Vectors, the seventh-largest U.S. ETF issuer, said it will reverse split seven of its ETFs. Nearly all of the funds that will undergo reverse splits are either plays on commodities or emerging markets, two areas of the ETF universe that have been pummeled this year. The effective date of the...