Several large and well-known investment banks and companies are major players in the ETF industry.
There are several large investment houses which specialize in managing ETFs such as Barclays, ProShares, Vanguard, and Guggenheim Partners, LLC. ETFs are also managed by investment firms such as Schwab, Credit Suisse, and Eaton Vance.
Even New York Life’s Mainstay Investments recently acquired Index IQ. The ETF industry has been growing rapidly in the last 10 years, with more investors choosing to use them, more ETFs on the market, and more investment companies choosing to offer them.
ETFs are best-known for using indexed, passive strategies, but there are also actively managed funds, just like in the mutual fund world.
What are Actively-Managed ETFs?
Where Can I Get Help With My 401(k) Investments?