By Solomon G. Teller, CFA, Chief Investment Strategist, Green Harvest Asset Management Over the summer, my son really got into riddles and word games, his favorite type involving contradictory statements. While “he who hesitates is lost”, doesn’t “haste make waste”? As the prospect of tax hikes populates headlines and interest in tax management grows, the old [...] Read more at ETFtrends.com.
Funds with an ESG focus tend to have higher management fees. Despite usually outperforming their peers, even in unusual circumstances like the start of a global pandemic, the fees can cause some investors to balk. If you need income, ESG won’t be the first metric that jumps to mind, but for investors seeking a clean [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon discussed the Breakwave Dry Bulk Shipping ETF (BDRY) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. BDRY is designed to reflect the daily price movements of the near-dated dry bulk freight futures. The fund offers investors unleveled exposure to dry bulk freight without the need [...] Read more at ETFtrends.com.
Bond exchange traded funds strengthened on Thursday with yields falling off as initial jobless claims dipped to a new coronavirus pandemic-era low. On Thursday, the Vanguard Intermediate-Term Treasury Index Fund ETF Shares (VGIT) was up 0.1%, and the Vanguard Long-Term Treasury Index Fund ETF Shares (VGLT) rose 1.1%. Meanwhile, yields on benchmark 10-year Treasury notes [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the SCHZ ETF (Symbol: SCHZ) crossed above their 200 day moving average of $54.85, changing hands as high as $54.91 per share. SCHZ shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of SCHZ s
In trading on Thursday, shares of the Vanguard Intermediate-Term Bond ETF (Symbol: BIV) crossed above their 200 day moving average of $90.64, changing hands as high as $90.73 per share. Vanguard Intermediate-Term Bond shares are currently trading up about 0.2% on the day. The
In trading on Thursday, shares of the SCHR ETF (Symbol: SCHR) crossed above their 200 day moving average of $57.27, changing hands as high as $57.30 per share. SCHR shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of SCHR s
Investors who are interested in the investment potential of the nascent clean energy sector can consider a targeted exchange traded fund play. In the recent webcast, Capitalizing on the Clean Energy Future, Eric Fogarty, Managing Director, Portfolio Manager, and Senior Research Analyst at Duff & Phelps Investment Management Co., explained that clean energy currently represents [...] Read more at ETFtrends.com.
The August jobs report was disappointing but continued to trend in the right direction. Inflation is still a major concern after the Jackson Hole meeting left no doubt that the Fed is not considering raising rates anytime soon. Corporate profits, the stock market, and housing prices are both at all-time highs. These and other economic [...] Read more at ETFtrends.com.
During the depths of the COVID pandemic economic crisis, the U.S. Federal Reserve (Fed) committed to a series of supportive monetary policies that included bond purchases. Right now, the markets are very focused on potential changes in Fed policy including tapering, or the cessation of these bond purchases. The expectation is that over time the [...] Read more at ETFtrends.com.
On Thursday, SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) announced that SS&C ALPS Advisors, an asset manager and wholly-owned subsidiary of SS&C, launched the ALPS Global Travel Beneficiaries ETF (JRNY). The fund’s strategy provides diversified exposure to the global travel industry, which historically has outpaced global GDP growth for nine consecutive years between 2011 and 2019[1]. “SS&C [...] Read more at ETFtrends.com.
As the stock market attempts to reverse the recent pullback this month, Moderna shares climbed higher on Thursday after the company announced that it’s creating a dual-purpose vaccine booster shot that offers protection against both the coronavirus and the seasonal flu. The new vaccine booster, which the biotech company calls mRNA-1073, combines Moderna’s current coronavirus vaccine [...] Read more at ETFtrends.com.
On Thursday, Janus Henderson Group plc (NYSE/ASX: JHG) announced the launch of five actively managed sustainable exchange traded funds (ETFs) for investors in the U.S. Janus Henderson’s Sustainable ETF Solutions include three equity and two fixed income ETFs, namely: U.S. Sustainable Equity ETF (SSPX) International Sustainable Equity ETF (SXUS) Net Zero Transition Resources ETF (JZRO) [...] Read more at ETFtrends.com.
On Thursday, PIMCO, one of the world’s premier fixed income investment managers, launched the PIMCO Municipal Income Opportunities Active Exchange-Trade Fund (MINO), an actively managed ETF that aims to invest primarily in attractive tax-advantaged investments across the U.S. municipal bond market. The fund is designed to be the company’s highest income and return strategy among [...] Read more at ETFtrends.com.
The First Trust Lunt U.S. Factor Rotation ETF is seeing unusually high volume in afternoon trading Thursday, with over 335,000 shares traded versus three month average volume of about 110,000. Shares of FCTR were up about 0.3% on the day.
In trading on Thursday, the Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Standard Lithium, up about 4.5% and shares of Livent, up about 4.3% on the day.
We are keeping with our summer series of more charts and fewer words. Most of this newsletter will be discussing interest rates, inflation and why many fear the eventual monetary stimulus unwind. The chart above attempts to rebuild a history of U.S. interest rates over the span of the country’s independence. Two items stick out [...] Read more at ETFtrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the KWEB ETF, which added 13,600,000 units, or a 10.4% increase week over week.
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 S&P 500 High Beta ETF, where 5,570,000 units were destroyed, or a 24.9% decrease week over week. Among the largest underlying
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the QDF ETF (Symbol: QDF) where we have detected an approximate $113.5 million dollar outflow -- that's a 6.5% decrease week over week (from 30,000,001