Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco BulletShares 2021 Corporate Bond ETF, where 2,850,000 units were destroyed, or a 4.1% decrease week over week.
Best Buy Inc (Symbol: BBY) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.2% yield, as well as being recognized by prominent asset managers as being a socially
As of 10/29/2021 Economic Overview Another month, another hot inflation number. On October 13th, the Year over Year inflation rate (CPI) came in at 5.4%, beating the prior print, and expectations, both of which were 5.3%. Core CPI, which strips out food and energy costs, came in at 4%, which was equal to expectations. The Personal [...] Read more at ETFtrends.com.
Top Performing Levered/Inverse ETFs Last Week These were last week’s top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (YANGA-) Direxion Daily FTSE China Bear 3X Shares 13.62% (WANT) Direxion Daily Consumer Discretionary Bull 3X Shares 13.08% [...] Read more at ETFtrends.com.
USCF announced today in a press release the launch of the USCF Gold Strategy Plus Income Fund (GLDX) that seeks results that correspond to the price of gold over the long term while also generating dividends from two sources. GLDX accrues its dividend income from collateral interest income as well as selling gold call options [...] Read more at ETFtrends.com.
By Stacey Morris Summary // Many probably underappreciate the role that traditional oil and gas companies have in addressing climate problems and providing solutions. For the foreseeable future, natural gas and natural gas liquids are going to have an important role to play in reducing global emissions as a replacement for dirtier fuels. Midstream companies [...] Read more at ETFtrends.com.
The Federal Reserve released its post-meeting notes today in a press release, announcing that it would be scaling back on the bond purchases it began at the onset of the COVID-19 pandemic. To many investors’ relief, the Fed also reinforced its stance that the inflation being experienced is a transitory one, and markets responded in [...] Read more at ETFtrends.com.
Looking ahead to 2022, it’s important for advisors to understand and plan ahead for the geopolitical landscape and the investment risks it might pose in the short, medium, and long term. Understanding the geopolitical risks looking forward will allow advisors to inform and educate their clients, and help to manage portfolio strategies in meaningful, risk-aware [...] Read more at ETFtrends.com.
As markets cycle through equities and generate volatility, this can impact some innovative companies. However, pullbacks are often opportunities for investors to capitalize on the innovations that can change the world. In the upcoming November 4th webcast How to Navigate Through Periods of Volatility with ARK Invest, Lara Crigger, managing editor of ETF Trends and [...] Read more at ETFtrends.com.
The Invesco Global Listed Private Equity ETF is seeing unusually high volume in afternoon trading Wednesday, with over 848,000 shares traded versus three month average volume of about 92,000. Shares of PSP were up about 0.1% on the day.
By Dan Weiskopf, ETF Professor I sure hope that Janet Yellen is correct, and inflation is transitory and not out of control (see here and here). I hope everyone enjoyed Halloween, a day filled with silliness and fun. To that point, I treated myself this past week to a package of 16 choice Halloween beers and discovered that my taste [...] Read more at ETFtrends.com.
The announcement of Facebook’s transition to Meta and its pivot into the metaverse has brought a whole swath of people who were unfamiliar with the idea suddenly up to speed on the proposed future of the internet. While many companies are already making transitions in preparation for what they see to be the next evolutionary [...] Read more at ETFtrends.com.
By J. Keith Buchanan, CFA, Portfolio Manager – GLOBALT Investments Supply chain disruptions. Escalating energy costs. Rising labor costs. Rising interest rates. If you were to listen to any economist outline their recent analysis or a corporate leadership team walk through their company’s recent performance or prospects for the future, one or more of the [...] Read more at ETFtrends.com.
As demand for semiconductors continues to outpace supply, global semiconductor sales were up $144.8 billion in the third quarter of 2021, which represents a rise of 27.6%, according to the Semiconductor Industry Association (SIA). Per a Digitimes Asia article, “Semiconductor sales were $48.3 billion in September 2021, rising 27.6% from a year earlier and 2.2% [...] Read more at ETFtrends.com.
According to data from the Pew Research Center, more Americans turned to religion and increased their sense of personal faith during the pandemic. This faith in religion is also spilling over into their investment portfolios where returns aren’t the only things that are front and center. “The success of a financial plan starts with the [...] Read more at ETFtrends.com.
In the U.S., many investors know about the importance of the consumer. It’s said that consumer spending drives two-thirds of the GDP in the world’s largest economy. As such, consumer discretionary stocks account for nearly 13% of the S&P 500. That’s more than the energy, materials, real estate, and utilities sectors combined. On a related [...] Read more at ETFtrends.com.
Investors looking to apply a high level of scrutiny to their dividends — something all investors should do — can have a friend in the SmartETFs Dividend Builder ETF (DIVS). That actively managed exchange traded fund is exceedingly relevant at a time of renewed global dividend growth, and its managers do the heavy lifting for investors by [...] Read more at ETFtrends.com.
Taxes, which have been at historic lows, could be changing soon along with the tax code, and retirees and those looking to retire soon should be paying close attention. Individuals retiring in today’s times are typically doing so with more money than those from previous generations, opening themselves to the potential to pay much more [...] Read more at ETFtrends.com.
Growth investors, look now, because growth stocks are perking up in a big way, prompting some market observers to say that growth will beat value by a wide margin into year-end. Over the past month, the S&P 500 Growth Index is up 10.62%, more than doubling the returns of its value counterpart. That’s good news [...] Read more at ETFtrends.com.