The SEC posted an extension notice last week announcing its decision to wait an additional 60 days to review the VanEck Bitcoin Trust proposal. The trust filed with the SEC in March of this year. VanEck had previously released a preliminary prospectus for the trust in December 2020. According to the extension notice, the SEC [...] Read more at ETFtrends.com.
After junkier stocks led the cyclical value rally earlier this year, quality stocks are getting a second look, and that has positive implications for exchange traded funds, such as the Invesco S&P 500 Quality ETF (NYSEArca: SPHQ). The truth is, quality stocks rarely go out of style. After all, what’s not to like about stocks [...] Read more at ETFtrends.com.
Amazon, in large part, can thank much of its success to web services. Traders who want to literally leverage this strength can play the Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL). At about 9.5%, Amazon comprises WEBL’s top holdings, followed by Facebook and Paypal, respectively. Traders can make a play on Amazon’s strength, [...] Read more at ETFtrends.com.
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 Optimum Yield Diversified Commodity Strategy No K-1 ETF, where 5,900,000 units were destroyed, or a 2.0% decrease week over week.
In trading on Friday, shares of the iShares Core International Aggregate Bond ETF (Symbol: IAGG) crossed below their 200 day moving average of $55.40, changing hands as low as $55.37 per share. iShares Core International Aggregate Bond shares are currently trading off about 0.
In trading on Friday, shares of the iShares Silver Trust ETF (Symbol: SLV) entered into oversold territory, changing hands as low as $20.69 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measur
In trading on Friday, shares of the iShares MSCI Australia ETF (Symbol: EWA) crossed below their 200 day moving average of $25.51, changing hands as low as $25.45 per share. iShares MSCI Australia shares are currently trading off about 1.8% on the day. The chart below shows t
Investors can consider a theme-based exchange traded fund strategy to be better equipped to tackle thematic opportunities. In the recent webcast, How To Make The Most Of Thematic MVPs, Christian Magoon, Founder and CEO, Amplify ETFs; and Mike Akins, CEO and Founding Partner, ETF Action, highlighted the explosion in thematic ETFs that cover niche market [...] Read more at ETFtrends.com.
Actively managed exchange traded funds can help investors beat passive indexing without taking on unnecessary risk. In the recent webcast, Strong Earnings, Strong Markets – Why Now’s the Time for Active Management, Ken Uematsu, Associate Portfolio Manager, T. Rowe Price, highlighted the underlying strategy of the T. Rowe Price U.S. Equity Research ETF (TSPA) as [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon discussed the KraneShares CSI China Internet ETF (KWEB) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. KWEB is the only ETF on the market that offers pure-play exposure to Chinese software and information technology stocks that are China’s answer to U.S. firms like Amazon and Facebook. China [...] Read more at ETFtrends.com.
Based on 2021 or 2022 forward estimates, the following asset classes offer a real attractive opportunity in my eyes. Cyclicals Metals & Mining Emerging Markets Banks MLPs We believe there is a real opportunity for long-term strategic investors in these areas. Unfortunately, most investors simply want to own FANG, quality, digital assets, and technology [...] Read more at ETFtrends.com.
For many investors who have been watching the headlines lately, fears of inflation have caused them to reassess their portfolios. After all, when prices rise and consumers' purchasing power is eroded, it can sometimes have a negative effect on certain industries or businesses.&
By: BCM Investment Team Supply chain issues are pushing up producer prices and driving inflationary pressures; though CPI came in below expectations, the median month-over-month gain hit a multi-year high. But how useful are headline figures in these still-very-much-unprecedented times? Consumer sentiment has appeared to sour somewhat as the Delta variant hit pause on a [...] Read more at ETFtrends.com.
The green bond market is still in its early innings, and the same goes for the VanEck Vectors Green Bond ETF (NYSEArca: GRNB), but it’s clear that momentum is building in this space. Adding to the case for GRNB, which is just four and a half years old, is the point that green bond momentum [...] Read more at ETFtrends.com.
AdvisorShares, a leading sponsor of actively managed exchange traded funds (ETFs), today announced the launch of the AdvisorShares Psychedelics ETF (PSIL). PSIL invests in the emerging psychedelic drugs sector, offering exposure to biotechnology, pharmaceutical, and life sciences companies leading the way in this nascent industry. PSIL portfolio manager and chief operation officer of AdvisorShares Dan Ahrens [...] Read more at ETFtrends.com.
From large to small, leveraged exchange traded funds (ETFs) are following that chronological size difference with respect to their gains year-to-date. As such, large-caps lead the way with the Direxion Daily S&P 500® Bull 3X Shares ETF (SPXL). So far this year, the fund is up almost 70%, highlighting the strength of large-caps’ biggest names in [...] Read more at ETFtrends.com.
Wednesday saw stocks rebounding after closing at losses on six of the past seven trading days, with the S&P 500 ending the day approximately 1.2% below the all-time high earlier this month, reports The Wall Street Journal. Sentiment continues to echo more broadly amongst investors of concerns about a general pullback after high performance for [...] Read more at ETFtrends.com.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Catalent Inc (Symbol: CTLT) has taken over the #65 spot from Raymond James Financial Inc (Symbol: RJF), according to ETF Channel. Below is a chart of Catalent Inc v
The Sprott Physical Uranium Trust (U.U) launched in July, and its NAV is already up 35.2% since launch. With decarbonization likely to be a dominant issue in the future, the sky is the limit for uranium. A number of governments are serious about reaching net zero emissions, which has created an emerging bull market for [...] Read more at ETFtrends.com.