After rising during the first year of the pandemic, lumber prices have fallen dramatically. The Wall Street Journal is reporting that lumber futures for July delivery ended Friday at $695.10 per thousand board feet, down 52% from a high in early March. On-the-spot wood prices have also dropped. According to pricing service Random Lengths, its [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI China ETF (Symbol: MCHI) where we have detected an approximate $207.2 million dollar inflow -- that's a 3.3% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 3-7 Year Treasury Bond ETF (Symbol: IEI) where we have detected an approximate $204.5 million dollar outflow -- that's a 2.0% decrease week
After the sell-off in the fixed-income markets, exchange traded fund investors are looking back into municipal bonds. For example, among the most popular ETF plays over the past week, the iShares National Muni Bond ETF (NYSEArca: MUB) attracted about $1.2 billion in net inflows, according to VettaFi data. Meanwhile, the muni bond ETF segment brought [...] Read more at ETFtrends.com.
With fluctuating bond rates and uncertain markets, equity dividends are as important now as ever. Owning shares of quality companies with a solid history of increasing dividends could help maintain a strong core portfolio. In the upcoming webcast, Dividend Growth Opportunities: Identifying Growth-At-A-Discount, Thomas J. Huber, Portfolio Manager, T. Rowe Price; and Chris Murphy, Senior [...] Read more at ETFtrends.com.
Amazon.com (NasdaqGS: AMZN) shares advanced Tuesday ahead of an expected stock split, lifting consumer sector-related exchange traded funds. On Tuesday, the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) rose 0.7%, the Vanguard Consumer Discretionary (NYSEArca: VCR) gained 0.3%, and the Fidelity MSCI Consumer Discretionary Index (NYSEArca: FDIS) was up 0.3%. Meanwhile, Amazon shares increased 5.1%. AMZN makes [...] Read more at ETFtrends.com.
Lara Crigger, the Editor-in-Chief at VettaFi, joined host Kristine Delano on the We Talk Careers podcast, part of the Women in ETFs organization, to cover how work is good for mental health as what limits there are, and how to best balance life. As quickly established in the episode, now overseeing content strategy and providing direction [...] Read more at ETFtrends.com.
Dave Nadig, Financial Futurist at VettaFi, recently discussed all things nonfungible — or at least all tokens nonfungible— and why they matter for ETF investors with Cinthia Murphy, director of research at ETF Think Tank. The two dive right in, with Murphy explaining that ETF Think Tank has embarked on a journey into the world [...] Read more at ETFtrends.com.
By: Dan Suzuki CFA, Deputy CIO If you’re a consistent investor, bad markets can be a good thing Benjamin Graham is credited with the idea that, in the short-run, the market is a voting machine but in the long-run, the market is a weighing machine. So long as companies continue to grow their profits over time, [...] Read more at ETFtrends.com.
By: Patty Quinn McAuley, CFP® Head of Marketing Volatile times like these in the markets are when clients need our help the most. Whether it’s helping them understand why the markets are reacting the way they are, helping them ensure their investment allocation is optimally positioned, or simply lending an ear to their fears and [...] Read more at ETFtrends.com.
Colombia country-specific exchange traded funds surged on Tuesday as market participants rejoiced in anyone taking a share away from senator Gustavo Petro’s vote in the presidential elections. On Tuesday, the Global X FTSE Colombia 20 ETF (NYSEArca: GXG) increased 8.8% and the iShares MSCI Colombia Capped ETF (NYSEArca: ICOL) advanced 7.2%. Construction magnate Rodolfo Hernandez [...] Read more at ETFtrends.com.
Several of the top holdings within the Franklin Exponential Data ETF (XDAT) have recently announced new achievements or offerings, which should impact the actively managed Franklin Templeton fund. Fortinet (NASDAQ: FTNT), a global provider of broad, integrated, and automated cybersecurity services, recently launched FortiNDR, a new network detection and response offering that leverages powerful artificial [...] Read more at ETFtrends.com.
On this week’s “ETF Prime,” host Nate Geraci looked back on some of his favorite segments so far this year, including discussions with Dave Nadig, financial futurist at VettaFi; Lara Crigger, editor-in-chief at VettaFi; Meb Faber, co-founder and CIO at Cambria Investment Management; Rich Powers, head of ETF and index product management at Vanguard; Ben Slavin, [...] Read more at ETFtrends.com.
Real assets are a great way to augment a portfolio for better support during inflationary periods. The FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) has returned 7.47% over one month and 20.40% year to date, according to VettaFi. The highly liquid fund has $8.8 billion in assets under management and charges an expense [...] Read more at ETFtrends.com.
China’s country-specific exchange traded funds are rallying as the developing market reopens from its COVID-19 lockdowns and Beijing plans stimulus measures to support the stumbling economy. On Tuesday, the iShares MSCI China ETF (NASDAQ: MCHI) rose 3.7%, the Xtrackers CSI 300 China A-Shares ETF (ASHR) gained 2.5%, and the SPDR S&P China ETF (NYSEArca: GXC) increased 3.4%. China’s [...] Read more at ETFtrends.com.
Despite the dire headlines over the cryptocurrency market, Fidelity Digital Asset Services LLC is doubling down on its commitment to crypto. The Fidelity Investments subsidiary’s president Tom Jessop told the Wall Street Journal that they’re looking to hire 110 tech workers, including engineers and developers with blockchain expertise, to build digital infrastructure to support services [...] Read more at ETFtrends.com.
It can be nerve-wracking for an investor to see the holdings in their 401(k) disappear during a recession, even if experts say the market will eventually make a comeback. At Insider, Jay Zigmont, a financial planner and founder of the Live Learn Plan, offers three steps for proactively protecting retirement funds from a recession. Convert a [...] Read more at ETFtrends.com.
If Russian sanctions are a chess game, the European Union is about to put a check on the Russian economy as the bloc seeks to bring its full power to bear. With the EU rapidly pivoting away from reliance on cheap fossil fuels from Russia, temporary reliance on heavy-emitting fuel sources is expected to increase [...] Read more at ETFtrends.com.
Clean energy has rebounded as a top priority as European countries look to aggressively expand their clean energy capacity to reduce reliance on Russian fossil fuels. Investors looking to add exposure to the quickly growing industry may consider the SmartETFs Sustainable Energy II ETF (SOLR), which invests in companies that believe in providing or supporting [...] Read more at ETFtrends.com.
In a new Sprott Silver Report, Maria Smirnova, MBA, CFA, dug deep into silver’s interesting supply and demand situation, noting that it is historically undervalued when compared to gold. With supply trends likely unable to keep up with longer term demand, silver has some compelling fundamentals that could make it a smart pick in today’s [...] Read more at ETFtrends.com.