In Brief: State Street Unit Launches 6 'Industry' ETFs

State Street Global Advisors, the investment management arm of State Street Corp. in Boston, introduced six industry-specific exchange-traded funds on the American Stock Exchange Thursday.

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It started the SPDR Metals and Mining, SPDR Pharmaceuticals, SPDR Oil and Gas Equipment and Services, SPDR Oil and Gas Exploration and Production, SPDR Retail, and StreetTracks KBW Regional Banking exchange-traded funds.

The global advisors unit had $90 billion of exchange-traded fund assets under management at March 31.


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