{"id":2465,"date":"2021-07-13T07:36:54","date_gmt":"2021-07-13T07:36:54","guid":{"rendered":"https:\/\/investwithanedge.com\/?page_id=2465"},"modified":"2021-07-13T07:36:54","modified_gmt":"2021-07-13T07:36:54","slug":"and-then-there-were-994","status":"publish","type":"page","link":"https:\/\/investwithanedge.com\/and-then-there-were-994\/","title":{"rendered":"And Then There Were 994"},"content":{"rendered":"<p>As previously announced, today (5\/21\/10) is the last day of trading for 12 Rydex ETFs. Rydex has provided ample time for shareholders to dispose of their holdings without having to go through the liquidation process. However, some of the funds are still seeing relatively heavy trading activity.<\/p>\n<p>Back on May 7, the number of US-listed ETFs and ETNs surpassed 1,000 for the first time. I warned that the level might be short lived with the impending closure of the Rydex ETFs. The quantity has grown to 1,006 products today. After today\u00e2\u0080\u0099s close that will change, and on Monday the quantity will be 994.<\/p>\n<p>As a reminder, the 12 funds being closed are:<\/p>\n<ul>\n<li>Rydex 2x S&amp;P MidCap 400 ETF (RMM)<\/li>\n<li>Rydex Inverse 2x S&amp;P MidCap 400 ETF (RMS)<\/li>\n<li>Rydex 2x Russell 2000 ETF (RRY)<\/li>\n<li>Rydex Inverse 2x Russell 2000 ETF (RRZ)<\/li>\n<li>Rydex 2x S&amp;P Select Sector Energy ETF (REA)<\/li>\n<li>Rydex Inverse 2x Select Sector Energy ETF (REC)<\/li>\n<li>Rydex 2x S&amp;P Select Sector Financial ETF (RFL)<\/li>\n<li>Rydex Inverse 2x Select Sector Financial ETF (RFN)<\/li>\n<li>Rydex 2x S&amp;P Select Sector Health Care ETF (RHM)<\/li>\n<li>Rydex Inverse 2x Select Sector Health Care ETF (RHO)<\/li>\n<li>Rydex 2x S&amp;P Select Sector Technology ETF (RTG)<\/li>\n<li>Rydex Inverse 2x Select Sector Technology ETF (RTW)<\/li>\n<\/ul>\n<p>As always, I suggest you sell any remaining shares you have using a limit order and avoid the liquidation process. Today is your last opportunity to do so for these funds.<\/p>\n<p><em>Disclosure covering writer, editor, publisher, and affiliates: No positions in any of the securities mentioned. No positions in any of the companies or ETF sponsors mentioned. No income, revenue, or other compensation (either directly or indirectly) received from, or on behalf of, any of the companies or ETF sponsors mentioned.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As previously announced, today (5\/21\/10) is the last day of trading for 12 Rydex ETFs. Rydex has provided ample time for shareholders to dispose of their holdings without having to go through the liquidation process. However, some of the funds are still seeing relatively heavy trading activity. Back on May 7, the number of US-listed &hellip;<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"acf":[],"_links":{"self":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages\/2465"}],"collection":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/comments?post=2465"}],"version-history":[{"count":0,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages\/2465\/revisions"}],"wp:attachment":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/media?parent=2465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}