Tag: ETF Closeout Liquidation
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iShares liquidates IRY
Today iShares is finalizing the liquidation of IRY, their International Health Care ETF. ETFs are generally shutdown and liquidated when the fund fails to attract enough assets, thus being unprofitable to the issuer. IRY was a sector niche specific fund. Which is exactly why I originally purchased it back on 1/6/2017. Its holding were international…