State Street Builds Out Int’l ETF Line

State Street Global Advisors has filed for two international exchange-traded funds that are also choose stocks by market capitalization. The SPDR S&P International Mid Cap ETF and SPDR S&P Emerging Markets Small Cap ETF will be just the third and fourth such funds from SSgA. The firm already has a SPDR S&P International Small Cap ETF, which has $157 million in assets according to Citigroup, and a SPDR Russell/Nomura Small Cap Japan ETF, which has $108 million in assets.