Taking a look at the shares outstanding shows that passive management fund ownership in the U.S. markets have fallen from 21.3% last year to 20.1% this year, reported Bloomberg. Strategists at Jefferies have been tracking market shares for six years, and this is the first time that there has been a decline in passive ownership [...] Read more at ETFtrends.com.
On Friday, the United States and the European Union will agree to reducing methane pollution in their respective countries by 30% over the next ten years, reports Financial Times. They are doing so in a bid to bring methane pollution awareness to the forefront ahead of the climate summit scheduled in November. The countries involved, [...] Read more at ETFtrends.com.
Business-intelligence software company MicroStrategy has added an additional 5,050 bitcoins to its balance sheet. The company now holds 114,042 bitcoins, currently collectively worth around $5.1 billion. MicroStrategy CEO Michael Saylor has made bitcoin acquisition a second mandate for the company after its primary work developing business-intelligence software. MicroStrategy stock has become a kind of Bitcoin [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares Ultra QQQ (Symbol: QLD) where we have detected an approximate $44.7 million dollar outflow -- that's a 0.8% decrease week over w
In trading on Thursday, shares of the iShares U.S. Transportation ETF (Symbol: IYT) crossed above their 200 day moving average of $248.62, changing hands as high as $249.46 per share. iShares U.S. Transportation shares are currently trading up about 0.3% on the day. The chart
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Gold Miners ETF (Symbol: GDX) where we have detected an approximate $46.8 million dollar outflow -- that's a 0.3% decrease week over week (from 418,
In trading on Thursday, shares of the Copper Miners ETF (Symbol: COPX) crossed below their 200 day moving average of $36.10, changing hands as low as $36.08 per share. Copper Miners shares are currently trading off about 4.2% on the day. The chart below shows the one year per
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Russia ETF (Symbol: RSX) where we have detected an approximate $52.1 million dollar outflow -- that's a 3.2% decrease week over week (from 53,300,00
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 $55.1 million dollar outflow -- that's a 0.9% decrease week over week (from 22
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Staples Select Sector SPDR— Fund (Symbol: XLP) where we have detected an approximate $75.6 million dollar outflow -- that's a 0.6
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio Long Term Corporate Bond ETF (Symbol: SPLB) where we have detected an approximate $58.4 million dollar outflow -- that's a 5.6
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $303.7 million dollar outflow -- that's a 0.4% 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 ARK Genomic Revolution ETF (Symbol: ARKG) where we have detected an approximate $64.9 million dollar outflow -- that's a 0.8% decrease week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI China ETF (Symbol: MCHI) where we have detected an approximate $83.2 million dollar inflow -- that's a 1.4% 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 iShares MSCI EAFE Growth ETF (Symbol: EFG) where we have detected an approximate $90.6 million dollar inflow -- that's a 0.7% increase week over wee
In trading on Thursday, shares of the GLTR ETF (Symbol: GLTR) entered into oversold territory, changing hands as low as $87.46 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
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 Ultra VIX Short-Term Futures ETF (UVXY), where 4,000,000 units were destroyed, or a 8.2% decrease week over week.
Passive, index-based ETFs help investors track the markets, but they lack the ability to adjust their holdings based on changing market environments. How do you balance the need for core equity exposure without being left to the whim of the market? In the upcoming webcast, Strong Earnings, Strong Markets – Why Now’s the Time for [...] Read more at ETFtrends.com.
By Ryan O’Malley, Fixed Income Portfolio Strategist Not all commodities have benefitted equally in the reflation/economic reopening trade. Some have long-term structural supply/demand imbalances, while others have seen short-term speculative price increases that have proved unsustainable. Forest Products/Lumber This sector benefitted from a hyperbolic housing market in the latter part of 2020 and early 2021 [...] Read more at ETFtrends.com.
Energy-related exchange traded funds rallied Wednesday, with oil prices hitting a six-week high, after a U.S. government report revealed a larger-than-expected drop in crude stockpiles. On Wednesday, the ALPS Alerian MLP ETF (NYSEArca: AMLP) increased 0.6% and the JPMorgan Alerian MLP Index ETN (NYSEArca: AMJ) advanced 1.0%. The more widely observed Energy Select Sector SPDR Fund (NYSEArca: [...] Read more at ETFtrends.com.