Investors continue to pump money into ESG-themed funds even after the market faced its worst slump since 1970. Bloomberg is reporting that investors last week put more than $1.2 billion into ESG-focused ETFs. So far this year, ESG funds have drawn in more than $22 billion of investor capital. Meanwhile, the S&P 500 dropped 3.8% last week. The [...] Read more at ETFtrends.com.
While stocks are largely down on Wednesday in anticipation of a half-point rate hike from the Fed coming this afternoon, Cheniere Energy shares have increased on its solid Q1 earnings report. Cheniere on Wednesday reported its first quarter results, beating analyst expectations on both earnings per share and revenue. The firm raised its 2022 profit [...] Read more at ETFtrends.com.
The IRS released new inflation-adjusted contribution limits for health savings accounts (HSAs) beginning in 2023, resulting in individuals being able to save more for their healthcare in retirement, reports Smart Asset. Current estimates are that at the age of 65, a retired couple will need approximately $200,000 just in healthcare savings, more than what most Americans [...] Read more at ETFtrends.com.
It’s been a rollercoaster year for the internet sector in China, with regulations heavily impacting companies and investor sentiment last summer. While the companies have since recovered and are generally thriving, questionable sentiment about investment in China remains for many foreign investors. KraneShares discusses the contributions and goals of many of the largest current contributors [...] Read more at ETFtrends.com.
The Invesco DWA SmallCap Momentum ETF is seeing unusually high volume in afternoon trading Wednesday, with over 264,000 shares traded versus three month average volume of about 51,000. Shares of DWAS were down about 1% on the day.
In trading on Wednesday, the Invesco Solar ETF is outperforming other ETFs, up about 2.5% on the day. Components of that ETF showing particular strength include shares of Enphase Energy, up about 6.8% and shares of Daqo New Energy, up about 6.5% on the day.
“Used to play pretend, give each other different names We would build a rocket ship, and then we’d fly it far away Used to dream of outer space, but now they’re laughing at our face saying ‘Wake up, you need to make money’, yeah.” Twentyone Pilots, Stressed Out I believe there are a handful of [...] Read more at ETFtrends.com.
J.P. Morgan Asset Management launched the firm’s first ETF to invest primarily in the equity securities of large-cap companies listed on The Nasdaq Stock Market. The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), the firm’s first fund to list on the Nasdaq, is an active equity ETF that seeks to deliver an attractive distributable yield [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the SPDR Bloomberg 1-10 Year TIPS ETF (Symbol: TIPX) entered into oversold territory, changing hands as low as $19.95 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $536.6 million dollar inflow -- that's a 6.7% increase week over week in outst
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Energy AlphaDEX Fund, where 7,050,000 units were destroyed, or a 6.2% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the DIREXION DAILY STANDARD AND POORS BIOTECH BULL 3X SHARES, which added 10,450,000 units, or a 14.6% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Short S&P500 (Symbol: SH) where we have detected an approximate $133.8 million dollar inflow -- that's a 6.1% increase week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares TIPS Bond ETF (Symbol: TIP) where we have detected an approximate $570.4 million dollar outflow -- that's a 1.8% decrease week over week (fr
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 $178.6 million dollar inflow -- that's a 1.9% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 500 ETF (Symbol: SPLG) where we have detected an approximate $129.8 million dollar inflow -- that's a 0.9% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 10-20 Year Treasury Bond ETF (Symbol: TLH) where we have detected an approximate $257.8 million dollar outflow -- that's a 11.2% decrease we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the DIREXION DAILY STANDARD AND POORS 500 BULL 3X SHARES (Symbol: SPXL) where we have detected an approximate $128.9 million dollar inflow -- that's a 5
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Gold Miners ETF (Symbol: GDX) where we have detected an approximate $126.4 million dollar inflow -- that's a 0.9% increase week over week in outstan
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core Dividend Growth ETF (Symbol: DGRO) where we have detected an approximate $124.7 million dollar inflow -- that's a 0.5% increase week ov