Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro QQQ, where 7,550,000 units were destroyed, or a 5.8% decrease week over week.
In trading on Wednesday, shares of the ARK Fintech Innovation ETF (Symbol: ARKF) entered into oversold territory, changing hands as low as $38.1201 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used t
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Biotechnology ETF (Symbol: IBB) where we have detected an approximate $51.9 million dollar outflow -- that's a 0.5% decrease 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 3-7 Year Treasury Bond ETF (Symbol: IEI) where we have detected an approximate $166.6 million dollar outflow -- that's a 1.6% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Daily Financial Bull 3X Shares
(Symbol: FAS) where we have detected an approximate $122.4 million dollar outflow -- that's a 3.1% decrease week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 0-5 Year TIPS Bond ETF (Symbol: STIP) where we have detected an approximate $153.2 million dollar inflow -- that's a 1.7% increase week over
The effects of the pandemic haven’t let up, with the introduction of the Omicron variant forcing social distancing measures once again, which should benefit homebuilders. One leveraged ETF in particular, the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL), has been a boon for traders who identified the upside with its almost 150% year-to-date gain. With [...] Read more at ETFtrends.com.
The full onslaught of the pandemic in 2020 fundamentally changed the way healthcare was delivered amid social distancing measures, which should make virtual healthcare a continued focus in 2022. Amid the introduction of the Omicron variant, more patients could be doing their annual check-ups online via telemedicine delivery options. This ensures that patients can get [...] Read more at ETFtrends.com.
2022 is looking to be one of the most challenging years for investors in decades. Inflation and the potential for higher interest rates are of greater concern for those who are looking for income in this low interest rate environment. At the same time, many are worried about stock market valuations and recent volatility. However, [...] Read more at ETFtrends.com.
SS&C Technologies today announced it has entered into an agreement to acquire O’Shares ETFs. As part of the deal, the four ETFs managed by O’Shares, which hold a combined $1.5 billion in assets, will be reorganized into newly created ETFs formed by SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies with $18.2 billion under [...] Read more at ETFtrends.com.
Gold and silver prices faltered in 2021, but that didn’t crimp demand for bullion sales, which excelled the past year despite the price bearishness for the precious metals. “Demand this year for United States Mint bullion products fared from strong for silver coins to exceptional for gold coins,” a CoinNews.net article reports, noting that American [...] Read more at ETFtrends.com.
The autonomous/self-driving vehicle investment thesis is a mix of frustration and allure, but the latter trait could be highlighted in 2022 as more technological advancements come to pass. Should that happen, the ARK Autonomous Technology & Robotics ETF (CBOE: ARKQ) could well be one of the exchange traded funds that stands out. Quietly, ARKQ notched [...] Read more at ETFtrends.com.
Owing in large part to exposure to some Chinese internet stocks, which were punished last year by a widespread regulatory crackdown, the Invesco NASDAW Internet ETF (PNQI) languished through a rough year. However, PNQI could be a 2022 bounce-back candidate, as analysts are bullish on an assortment of the exchange traded fund’s domestic holdings. Predictably, [...] Read more at ETFtrends.com.
As advisors and investors well know, last year was a trying time for disruptive growth stocks and the related exchange traded funds, but with the calendar turned to 2022, optimism abounds that this beloved style of investing will regain its form. If that prediction proves accurate, an assortment of ETFs, including the Goldman Sachs Future [...] Read more at ETFtrends.com.
Ford Motor Co. (NYSE: F) shares surged to a two-decade high after the automaker doubled its production goal for its F-150 electric pickup on popular demand, lifting automobile-themed exchange traded funds. On Tuesday, the First Trust Nasdaq Transportation ETF (FTXR) gained 3.0% and the First Trust NASDAQ Global Auto Index Fund (CARZ) increased 3.9%. Meanwhile, Ford shares [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the iShares Russell Mid-Cap Growth ETF (Symbol: IWP) crossed below their 200 day moving average of $112.37, changing hands as low as $111.06 per share. iShares Russell Mid-Cap Growth shares are currently trading off about 1.5% on the day. The
Energy sector-related exchange traded funds surged on Tuesday after the Organization of Petroleum Exporting Countries and its allies, including Russia, or OPEC+, agreed to raise crude oil output on bets that the COVID-19 Omicron variant won’t have an outsized negative effect on demand. Among the best-performing non-leveraged ETFs of Tuesday, the VanEck Vectors Oil Service [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds were mixed on Tuesday, with the technology sector dragging on equities. On Tuesday, the Invesco S&P 500 Equal Weight ETF (RSP), which follows the S&P 500 Equal Weight Index (EWI), rose 0.7%. Meanwhile, the S&P 500 was down 0.3%, the Dow Jones Industrial Average was 0.5% higher, and [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the iShares U.S. Aerospace & Defense ETF (Symbol: ITA) crossed above their 200 day moving average of $105.86, changing hands as high as $106.30 per share. iShares U.S. Aerospace & Defense shares are currently trading up about 2.4% on th
Investment managers in crypto ended 2021 with $62.5 billion in assets under management, with bitcoin and bitcoin-related funds the largest draw for investors, reports CoinTelegraph. The latest data from CoinShares shows crypto investment product inflows growing from $6.8 billion in 2020 to $9.3 billion in 2021, reflecting increasing interest from both individual and institutional investors. Bitcoin-related [...] Read more at ETFtrends.com.