April 13, 2010 at 16:32 PM EDT
Smartphone ETF On The Horizon?
Earlier this week, Nasdaq announced a new index for companies engaged in the manufacturing or development of smartphone products. The benchmark, known as the NASDAQ OMX CEA Smartphone Index (QFON), also includes companies involved in the distribution of handsets, hardware, software, and mobile networks associated with the development, sale, and usage of smartphones. The Nasdaq [...] Related Stories: Leveraged ETF Class Action Suit On The Horizon RIMM Sends Tech ETFs Higher Does RIMM’s Slump Signal Trouble For Tech ETFs?
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