In trading on Friday, shares of the NFRA ETF (Symbol: NFRA) crossed above their 200 day moving average of $56.98, changing hands as high as $57.16 per share. NFRA shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of NFRA sha
Good timing is undeniably beneficial to new exchange traded funds regardless of underlying investment objective. That sentiment is proving accurate for the ARK Space Exploration and Innovation ETF (ARKX) and not simply because the fund has $608.5 million in assets under management following its late March debut — and also not because space tourism is [...] Read more at ETFtrends.com.
In trading on Friday, shares of the iShares Russell 2000 Growth ETF (Symbol: IWO) crossed above their 200 day moving average of $303.23, changing hands as high as $305.30 per share. iShares Russell 2000 Growth shares are currently trading up about 0.6% on the day. The chart b
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 Financials AlphaDEX Fund, where 3,600,000 units were destroyed, or a 10.4% decrease week over week. Among the largest underlyi
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco NASDAQ 100 ETF (Symbol: QQQM) where we have detected an approximate $135.6 million dollar inflow -- that's a 6.4% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $1.5 billion dollar inflow -- that's a 0.8% increase week over week in outstanding 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 $78.1 million dollar outflow -- that's a 1.3% decrease week over week (from 23
Financial markets have begun to price in the possibility that the U.S. Federal Reserve (Fed) will reduce, or taper, its purchases of U.S. Treasury and mortgage-backed debt. On the surface, one would expect that a very large purchaser of U.S. Treasuries stepping back from that market would lessen demand, cause prices to slip, and yields [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds climbed Thursday as better-than-expected earnings and economic data helped investors turn risk-on. The Invesco S&P 500 Equal Weight ETF (RSP), which follows the S&P 500 Equal Weight Index (EWI), gained 1.7% on Friday. Meanwhile, the S&P 500 rose 1.7%, the Dow Jones Industrial Average was up 1.5%, and [...] Read more at ETFtrends.com.
Commodities exchange traded funds may be a critical component of a well-balanced investment portfolio, providing for a longer-term, strategic opportunity. In the recent webcast, Pandemic, Inflation, Infrastructure: All Signs Point To Commodities, Aberdeen’s Robert Minter, director of ETF investment strategy, and Stan Kiang, director of strategic accounts, highlighted several themes that continue to support the [...] Read more at ETFtrends.com.
Two of the biggest trends in investing are the global reaction to climate change, and the continued rise of the emerging markets consumer. Are these two trends in conflict? Or can Emerging Markets be a driver of global decarbonization? In the upcoming webcast, Emerging Markets, ESG and Climate Change: One Simple Solution, Michael Lewis, Head [...] Read more at ETFtrends.com.
A recent survey of 800 investors globally, ranging from small businesses to large firms, has found that ESG remains a focus for investors for various reasons. The survey by RBC Global Asset Management revealed that most investors believe that ESG aligned portfolios perform just as well, if not better than their non-ESG-focused counterparts and that ESG [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon discussed the ProShares S&P 500 Ex-Sector ETFs Suite (SPXE, SPXN, SPXV, SPXT) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. ProShares S&P 500 Ex-Sector ETFs focus on S&P 500 companies, exclusive of specific sectors. Each ETF seeks investment results, before fees and expenses, that [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the Daily Small Cap Bull 3X Shares
ETF (Symbol: TNA) crossed above their 200 day moving average of $89.29, changing hands as high as $91.01 per share. Daily Small Cap Bull 3X Shares
shares are currently trading up about 3.9% on the day. The
On Thursday, First Trust Advisors L.P., a leading ETF provider and asset manager, announced the launch of a new actively managed ETF, the First Trust Multi-Manager Small Cap Opportunities ETF (NYSE Arca: MMSC). MMSC seeks to provide long-term capital appreciation by investing in equity securities issued by small-capitalization companies. The fund’s portfolio is managed by [...] Read more at ETFtrends.com.
The SEC approved an ETF providing indirect exposure to bitcoin via companies with bitcoin exposure last week, Coindesk reports. The Volt Crypto Industry Revolution and Tech ETF will track publicly listed companies that either derive the majority of their profits through bitcoin mining, mining equipment manufacturing, bitcoin transactions (such as Marathon Digital Holdings), or that hold [...] Read more at ETFtrends.com.
Closed-end funds are garnering renewed attention this year. Being a high-income asset class in a low-yield environment will do that. Investors new to the closed-end fund realm or those simply seeking an efficient avenue to elevated levels of income might find the Invesco CEF Income Composite ETF (NYSEARCA: PCEF) to be an attractive option. The [...] Read more at ETFtrends.com.
One of the most significant tax increases in recent memory is on the table in the nation’s capitol, and while it remains to be seen if it passes and in what form, the specter of higher capital gains taxes is a point of concern for some wealthy investors. Market participants are also concerned about the [...] Read more at ETFtrends.com.