Weekly roundup: FTSE expands IPO indices, State Street lists sector ETFs

Index provider FTSE has expanded its Renaissance IPO index series to include the performance of IPOs listed in 53 new country and regional indices within developed and emerging EMEA, Asia and America. The indices include qualifying IPOs at the end of their first trading day; they are then removed after two years. To reflect the global expansion, the series is being renamed the FTSE Renaissance Global IPO Index Series. State Street Global Advisors began trading on three sector ETFs yesterday. The SPDR S&P Aerospace & Defense ETF, SPDR S&P Health Care Services ETF and SPDR S&P Softwa...