Fears of Chinese companies being delisted from U.S. exchanges were somewhat assuaged when Beijing announced that it was prepared to make a concession on disclosing Chinese audit information to U.S. regulators. This concession came after the U.S. Securities and Exchange Commission threatened to delist some Chinese companies from U.S. exchanges. Financial regulators in Beijing are [...] Read more at ETFtrends.com.
Biotechnology sector-related exchange traded funds are on a four-day streak and gaining momentum, breaking above their short-term trend lines. On Friday, SPDR S&P Biotech ETF (NYSEArca: XBI) rose 2.9% while the iShares Nasdaq Biotechnology ETF (IBB), the largest biotech-related ETF by assets, gained 1.8%. Both biotech-related ETFs also broke back above their short-term resistance at [...] Read more at ETFtrends.com.
Despite bitcoin’s volatility, investors still want in. While bitcoin’s price is estimated to swing an average of 4.55% per day over the past month, the ProShares Bitcoin Strategy ETF (BITO) has been steadily bringing in investor money. On its first day on the market in October 2021, BITO brought in $550 million. In its first week, the [...] Read more at ETFtrends.com.
A nickel exchange traded note has plunged with the Russia-Ukraine war revealing the cracks in this segment of the industrial metals market. The iPath Series B Bloomberg Nickel Subindex Total Return ETN (NYSEArca: JJN) was down 4.9% on Friday and declined about 50% since its highs earlier in the month. Nickel prices have been in [...] Read more at ETFtrends.com.
Homebuilder sector-related exchange traded funds could continue to be pressured as rising interest rates and elevated mortgage rates are already affecting U.S. home sales. Year-to-date, the iShares U.S. Home Construction ETF (NYSEArca: ITB) decreased 19.3, SPDR S&P Homebuilders ETF (NYSEArca: XHB) declined 17.3%, Invesco Dynamic Building & Construction ETF (NYSEArca: PKB) fell 14.4% and Hoya [...] Read more at ETFtrends.com.
The Federal Reserve enacted a 0.25% interest rate increase at their meeting this week to begin combatting record inflation, but it looks to be a long road to get back to reasonable levels, with Fed expectations several years out for stabilizing inflation around 2%. So how concerned are consumers about inflation? Turns out quite a [...] Read more at ETFtrends.com.
While the world continues to respond to the Russian invasion of Ukraine, the cryptosphere has found itself swept onto the main stage as major crypto exchanges seek to align with sanctions against Russian individuals and entities and donations pour into Ukraine in the form of cryptocurrencies. Ukraine has now officially joined the growing list of [...] Read more at ETFtrends.com.
The gender pay gap and focus on diversity at the executive level of companies have taken a more central role in recent years with the rise of funds focused on governance practices and the recognition that companies with diverse boards and leadership typically outperform their non-diverse peers. A recent poll done by CNN found that [...] Read more at ETFtrends.com.
In trading on Friday, shares of the iShares Global 100 ETF (Symbol: IOO) crossed above their 200 day moving average of $74.13, changing hands as high as $74.34 per share. iShares Global 100 shares are currently trading up about 1% on the day. The chart below shows the one yea
In trading on Friday, shares of the iShares International Select Dividend ETF (Symbol: IDV) crossed above their 200 day moving average of $31.82, changing hands as high as $31.90 per share. iShares International Select Dividend shares are currently trading up about 0.5% on the
In trading on Friday, shares of the XYLD ETF (Symbol: XYLD) crossed above their 200 day moving average of $49.37, changing hands as high as $49.39 per share. XYLD shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of XYLD sha
In trading on Friday, shares of the iShares MSCI USA Value Factor ETF (Symbol: VLUE) crossed above their 200 day moving average of $105.34, changing hands as high as $105.36 per share. iShares MSCI USA Value Factor shares are currently trading up about 0.3% on the day. The ch
In trading on Friday, shares of the iShares Global REIT ETF (Symbol: REET) crossed above their 200 day moving average of $28.77, changing hands as high as $28.80 per share. iShares Global REIT shares are currently trading up about 0.6% on the day. The chart below shows the on
In trading on Friday, shares of the iShares MSCI USA Multifactor ETF (Symbol: LRGF) crossed above their 200 day moving average of $43.95, changing hands as high as $44.12 per share. iShares MSCI USA Multifactor shares are currently trading up about 0.7% on the day. The chart
In trading on Friday, shares of the AVUS ETF (Symbol: AVUS) crossed above their 200 day moving average of $76.25, changing hands as high as $76.66 per share. AVUS shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of AVUS sha
In trading on Friday, shares of the Vanguard Dividend Appreciation ETF (Symbol: VIG) crossed above their 200 day moving average of $161.05, changing hands as high as $161.53 per share. Vanguard Dividend Appreciation shares are currently trading up about 0.5% on the day. The c
In trading on Friday, shares of the First Trust Rising Dividend Achievers ETF (Symbol: RDVY) crossed above their 200 day moving average of $49.43, changing hands as high as $49.72 per share. First Trust Rising Dividend Achievers shares are currently trading up about 1% on the
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the The Financial Select Sector SPDR Fund, where 20,950,000 units were destroyed, or a 1.8% decrease week over week. Among the largest underly
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 FTSE CHINA BULL 3X SHARES, which added 23,050,000 units, or a 35.4% increase week over week.