June 14 (Bloomberg.com) -- I’m fond of tracking which ETFs close, mostly in the same way I might track rising and falling pop songs. It tells you what the cool kids are up to, or at least what people think they should be up to.
With that in mind, I was struck by some religious entries on tonight’s list. Here are the some religious ETFs that are closing:
* FaithShares Baptist Values Fund (FZB) * FaithShares Catholic Values Fund (FCV) * FaithShares Lutheran Values Fund (FKL) * FaithShares Methodist Values Fund (FMV)
The only one of the FaithShares set that is staying open? FaithShares Christian Values Fund (FOC). Apparently there is only religio-alpha in ecumenical funds. Let that be a lesson to all you religious sorts.