Microsoft and intelligence firm Recorded Future researchers say that the criminal network that supposedly created the software used in the Colonial Pipeline ransomware attack is passing itself off as a business in an attempt to bring in new talent, reports the Wall Street Journal. The hacking group known as Fin7 is believed to have been [...] Read more at ETFtrends.com.
The 500 biggest money managers globally grew their assets under management 14.5% last year, hitting a combined $119.5 trillion and increasing revenue, all in the midst of a pandemic. A recent survey from Pensions & Investments and the Thinking Ahead Institute reported a 15.4% growth of active assets under management, increasing to $23.71 trillion while [...] Read more at ETFtrends.com.
Navigating small-cap investing can be difficult; it’s not always easy to find the pockets that hold potential for growth in companies that aren’t industry giants. Through the use of active management, American Century Investments is able to offer the Avantis U.S. Small Cap Value ETF (AVUV), which seeks out those areas of opportunity, and investors are taking [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon discussed the ProShares Bitcoin Strategy ETF (BITO) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. BITO is the first U.S. bitcoin-linked ETF offering investors an opportunity to gain exposure to bitcoin returns in a convenient, liquid, and transparent way. The fund seeks to provide [...] Read more at ETFtrends.com.
The National Basketball Association (NBA) agreed to its first sponsorship deal with crypto exchange Coinbase. Details of the agreement are not available, however, it appears that the sponsorship will extend to all of the NBA’s platforms, including the Women’s National Basketball Association (WNBA), NBA 2K League, NBA G League, and USA Basketball. Sponsorships make up [...] Read more at ETFtrends.com.
With over 2,000 ETFs available to investors in the U.S. today, there are many ways to “play” the cybersecurity space through thematic funds such as the First Trust NASDAQ Cybersecurity ETF CIBR.
When you’re used to setting industry records and are known for innovation, an earnings call that is only about the earnings can seem rather humdrum, even if it’s positive. At least, that’s how investors seem to have viewed Tesla’s latest quarterly earnings call that recorded high gross margins and revenue that was slightly ahead of [...] Read more at ETFtrends.com.
The ongoing COVID-19 pandemic has hit economies and the workforce hard since its onset at the beginning of last year, but it is women by and large who are carrying the brunt of the fallout. Studies have shown that women were affected in disproportionate numbers and were often the ones having to leave jobs or [...] Read more at ETFtrends.com.
Getting the right amount of bond exposure while simultaneously getting enough yield doesn’t have to be a trying task when Vanguard offers intermediate bond ETFs for consideration. Intermediate exposure can give fixed income investors the sweet spot when it comes to duration to minimize credit risk while also obtaining more yield that shorter bond maturities [...] Read more at ETFtrends.com.
After a bitcoin futures ETF debuted on the New York Stock Exchange to much fanfare on Tuesday, the capital markets have to be wondering whether the next shoe to drop is an ethereum-based fund. The second-largest cryptocurrency in terms of market capitalization shot past the $4,000 marker just as bitcoin made a new high a [...] Read more at ETFtrends.com.
Environmental, social, and governance (ESG) investing is not a fad and will likely be here to stay as its popularity only perpetuates even more global expansion. The byproduct of this expansion is higher demand for more ESG data in the form of analytics. Through this new data, more ESG-linked indexes are being developed in order [...] Read more at ETFtrends.com.
Transitory to long-term inflation forecasts and an energy crisis could provide an economic backdrop for base metals and the Invesco DB Base Metals Fund (DBB) to thrive. Rising oil prices are causing consumers pain at the pump, while the macroeconomic environment is seeing high prices across the board for commodities. This is all well and good if [...] Read more at ETFtrends.com.
MicroStrategy Inc (MSTR) fell 2.7% on Tuesday during the launch of the ProShares Bitcoin Strategy ETF (BITO). MicroStrategy, which made bitcoin acquisition a second mandate earlier this year, had since become a sort of bitcoin-proxy investment for investors looking for exposure to crypto. With a bitcoin ETF now available, it is unclear whether the stock [...] Read more at ETFtrends.com.
There’s been plenty of talk this year about potential revisions to the tax code, many of which carry implications for investors, particularly those in higher tax brackets. New tax proposals aren’t yet law, but with year-end drawing near, advisors have opportunity to discuss with clients the strategy known as tax-loss harvesting. The premise of tax-loss [...] Read more at ETFtrends.com.
The energy sector is the best-performing group in the S&P 500 this year, and that’s benefiting a plethora of exchange traded funds. As its name implies, the VanEck Vectors Natural Resources ETF (HAP) isn’t a dedicated energy ETF, but the fund devotes 23.1% of its weight to energy equities, making energy its second-largest sector exposure [...] Read more at ETFtrends.com.
When investors think of the midstream energy segment, they typically think of oil and natural gas. After all, midstream energy companies operate the pipelines that transport those commodities and related storage facilities. That is to say, many investors probably aren’t considering an asset such as the ALPS Alerian MLP ETF (NYSEArca: AMLP) as a play [...] Read more at ETFtrends.com.
Quarterly dividend announcement season is upon us, with several high-profile midstream companies making their dividend decisions public. Midstream companies are known for their ability to generate income, as they play a crucial role in the energy ecosystem by interacting both with upstream production and downstream end users. They make their money off of fees, tariffs, [...] Read more at ETFtrends.com.