Digesting Top Holdings of New Russell Small Cap ETF Strategies (SGGG, SCOG, SCLP, SCTR, LQDT, ULTA, AMN, SUG)

Russell Investments is already very well-known among mutual fund and index investors, but it is getting deeper into the world of exchange-traded funds. Word came today that four new exchange-trades funds have been launched around the theme of small cap stocks.  The aim is companies with near-term forecasted earnings that are expected to increase at a faster rate than those of the average company’s earnings

Each ETF is said to mirror the way equity managers tend to invest in the small cap asset class outside of mere sectors and styles.  They are based upon the newly created Russell U.S. Small Cap Investment Discipline Indexes.

The new small cap ETFs are as follows: Russell Small Cap Aggressive Growth ETF (NASDAQ: SGGG); Russell Small Cap Consistent Growth ETF (NASDAQ: SCOG); Russell Small Cap Low P/E ETF (NASDAQ: SCLP); and the Russell Small Cap Contrarian ETF (NASDAQ: SCTR).  The companies which appear in more than one of the new funds in the top ten holdings are as follows: Liquidity Services, Inc. (NASDAQ: LQDT); Ulta Salon Cosmetics & Fragrance, Inc. (NASDAQ: ULTA); Ameron International Corporation (NYSE: AMN); and Southern Union Co. (NYSE: SUG).  The breakout of the top holdings (as of 9/30) is below.