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The ETF Report

An exchange-traded fund (ETF) is a type of pooled investment security that operates much like a mutual fund. Typically, ETFs will track a particular index, sector, commodity, or other asset, but unlike mutual funds, ETFs can be purchased or sold on a stock exchange the same way that a regular stock can. An ETF can be structured to track anything from the price of an individual commodity to a large and diverse collection of securities. ETFs can even be structured to track specific investment strategies.

Vive la France ETF: Biggest One-Day Surge in Five Years Post-Election

With the first round of votes tallied after France’s weekend national election, the France country-specific exchange traded fund surged on a relief rally Monday, enjoying its largest one-day surge in five years. The iShares MSCI France ETF (NYSEArca: EWQ), the sole France-specific exchange traded fund trading in the U.S., jumped 5.6% Monday, its best daily…