This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Claymore Launches Micro-Cap ETF Based On Wilshire Index

Claymore Securities, Inc., an innovator of investment product solutions and a wholly-owned subsidiary of Guggenheim Partners, LLC, today announced the launch of the Wilshire Micro-Cap ETF (NYSE Arca: WMCR), based on the Wilshire US Micro-Cap Index SM—the marketplace’s Pure and Complete SM micro-cap index. The introduction of WMCR marks the fourth fund in Claymore’s suite of Wilshire-focused ETFs, which also includes the Wilshire 5000 Total Market ETF (NYSE Arca: WFVK), Wilshire 4500 Completion ETF (NYSE Arca: WXSP), and Wilshire US REIT ETF (NYSE Arca: WREI). Claymore is the exclusive provider of ETFs utilizing Wilshire indexes.

“Through our exclusive partnership with Wilshire and our ETF suite, investors now have solutions for both the core and satellite portions of their portfolios that combine the most meaningful features and benefits of ETFs,” said Steven A. Baffico, senior managing director and Head of U.S. Retail Distribution for Claymore Securities, Inc. “Claymore’s new Wilshire Micro-Cap ETF is tied to an index that offers an unbiased and more complete picture of the micro-cap market.”

David Hall, senior managing director, Wilshire Associates Incorporated, the firm that created the index that WMCR is designed to track, noted, “The Wilshire Micro-Cap ETF provides investors an efficient way to gain exposure to a very difficult section of the market to replicate. The introduction of WMCR is the first style or size ETF based on the Wilshire indexes and marks another milestone in our commitment to working with Claymore to deliver a comprehensive suite of world-class Wilshire ETFs.”

Prior to today, the Wilshire Micro-Cap ETF’s name was Claymore/Sabrient Stealth ETF (NYSE Arca: STH) and it sought to replicate an index called the Sabrient Stealth Index. WMCR now seeks investment results that correspond generally to the performance, before fees and expenses, of an equity index called the Wilshire US Micro-Cap Index (“Wilshire Micro-Cap”). The Wilshire Micro-Cap is a rules-based index comprised of, as of July 31, 2010, approximately 1,597 securities of micro-capitalization companies, as defined by Wilshire Associates Incorporated. It is a float-adjusted, market capitalization-weighted index of the issues ranked below 2,500 by market capitalization of the Wilshire 5000 Total Market Index SM. For more information on WMCR please visit www.claymore.com/wmcr.

About Claymore Securities

Claymore Securities, Inc. offers strategic investment solutions for financial advisors and their valued clients. As an innovator in exchange-traded funds (ETFs), unit investment trusts (UITs) and closed-end funds (CEFs), Claymore often leads its peers with creative investment strategy solutions. In total, Claymore entities provide supervision, management, or servicing on approximately $15.3 billion in assets as of June 30, 2010. Claymore Securities, Inc. is a wholly-owned subsidiary of Guggenheim Partners, LLC, a global, diversified financial services firm with more than $100 billion in assets under supervision. Guggenheim, through its affiliates, provides investment management, investment advisory, insurance, investment banking, and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe, and Asia. Claymore Advisors, LLC, an affiliate of Claymore Securities, Inc., serves as the Funds’ investment adviser.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs