While passive funds have been the most popular investment option for decades, active funds continue to edge into the space, taking more and more market share as they increase in popularity. A recent report from Bank of America strategists showed that not only are active funds performing well, they are also retaining investors at the [...] Read more at ETFtrends.com.
Throughout June and August, Astoria’s CIO, John Davi, was featured as a judge on ETF Battles several times. In each battle, the judges choose which ETF is better than the other(s) based on the categories provided. Please click the links below to watch the video and see which ETFs won the battle! ETF Battles: DVY [...] Read more at ETFtrends.com.
Global carbon dioxide and greenhouse gas emissions continue to rise at alarming rates, with an estimated 33 billion tons of CO2 estimated to be released into the atmosphere by the end of 2021 alone, reports The Wall Street Journal. Governments, investors, and consumers are all beginning to put major pressure on companies to begin finding [...] Read more at ETFtrends.com.
On Tuesday, Simplify Asset Management (“Simplify”), an innovative provider of options-based exchange traded funds (“ETFs”), announced the launch of its newest ETF: the Simplify Tail Risk Strategy ETF (CYA). CYA seeks to provide investors with a standalone solution for hedging against severe equity market selloffs. The fund deploys an advanced options overlay designed to handle multiple [...] Read more at ETFtrends.com.
The iShares Core S&P U.S. Growth ETF is seeing unusually high volume in afternoon trading Tuesday, with over 2.0 million shares traded versus three month average volume of about 312,000. Shares of IUSG were up about 0.1% on the day.
In trading on Tuesday, the Lithium ETF is outperforming other ETFs, up about 3.2% on the day. Components of that ETF showing particular strength include shares of Lithium Americas, up about 8.2% and shares of Albemarle, up about 2.3% on the day.
Coinbase, the first major U.S. crypto exchange to go public, announced in a blog post last week that the SEC had sent the company a Wells notice declaring the regulator’s intention to sue the company if they launched their digital asset lending project, Lend. Lend would allow customers to earn interest on select assets on [...] Read more at ETFtrends.com.
For all the talk about growth stocks lagging this year, the group isn’t in the red, and some internet names are among the best-performing members of the S&P 500 on a year-to-date basis. The Invesco NASDAQ Internet ETF (NASDAQ: PNQI) is higher by more than 10% this year, a performance that would undoubtedly be better [...] Read more at ETFtrends.com.
The ARK Next Generation Internet ETF (NYSEArca: ARKW) isn’t the typical internet exchange traded fund. That much is evident from it being an internet ETF with Tesla (NASDAQ:TSLA) as the largest holding. Over the course of its seven years on the market, the actively managed ARK Invest ETF has also set itself apart from older [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the iShares 3-7 Year Treasury Bond ETF (Symbol: IEI) crossed above their 200 day moving average of $131.32, changing hands as high as $131.36 per share. iShares 3-7 Year Treasury Bond shares are currently trading up about 0.1% on the day. The
Digital currency asset manager Grayscale Investments announced on Friday that three of its trusts have become SEC reporting companies. The Grayscale Bitcoin Cash Trust (OTCQX:BCHG), the Grayscale Ethereum Classic Trust (OTCQX:ETCG), and the Grayscale Litecoin Trust (OTCQX:LTCN) will now be required to file 10-Qs and 10-Ks with the SEC. For existing investors, the Trust’s new SEC [...] 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 iShares Silver Trust, where 4,500,000 units were destroyed, or a 0.8% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the JETS ETF, which added 5,750,000 units, or a 3.9% increase week over week.
In trading on Tuesday, shares of the MJ ETF (Symbol: MJ) entered into oversold territory, changing hands as low as $15.17 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a sc
In trading on Tuesday, shares of the FLCB ETF (Symbol: FLCB) crossed above their 200 day moving average of $25.63, changing hands as high as $25.65 per share. FLCB shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of FLCB sh
The $1,800 ceiling for gold prices appears to be firmly in place as the precious metal has yet to break through and rally, but a fall sell-off in equities might be in store for gold. “Gold has once again failed to break above the $1,800 an ounce level, but one looming driver can take the [...] 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 ARK Next Generation Internet ETF (Symbol: ARKW) where we have detected an approximate $59.0 million dollar outflow -- that's a 1.0% decrease week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 Growth ETF (Symbol: IWO) where we have detected an approximate $105.6 million dollar inflow -- that's a 0.9% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Expanded Tech-Software Sector ETF (Symbol: IGV) where we have detected an approximate $82.5 million dollar inflow -- that's a 1.5% increase
While the rest of the equity market has been stagnating, uranium sector-specific exchange traded funds have rallied on the surging prices of rare earth metals. On Friday, the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) gained 2.5%, North Shore Global Uranium Mining ETF (NYSE: URNM) increased 11.8%, and Global X Uranium ETF (URA) advanced 9.3%. Over [...] Read more at ETFtrends.com.