Precious metals exchange traded funds shined after Federal Reserve Chairman Jerome Powell announced tapering could still happen this year, but the central bank won’t be in a hurry to hike interest rates anytime soon. On Friday, the iShares Silver Trust (SLV) was up 1.9%, Sprott Physical Silver Trust (PSLV) added 2.2%, the SPDR Gold Shares (NYSEArca: GLD) was [...] Read more at ETFtrends.com.
By Komson Silapachai, Sage VP of Research & Portfolio Strategy Fueled by stimulus and pent-up demand from the Covid-induced recession, the U.S. economy staged one of the sharpest recoveries in the first half of 2021 to output levels well beyond the slowdown experienced last year. As a result, policymakers are looking to transition from unprecedented [...] Read more at ETFtrends.com.
The pandemic saw many companies, particularly digitally based ones, profiting as millions of people globally shifted to working from home. China’s Huawei, a leader in information and communications technology infrastructure as well as smart devices, doubled its global market share for Infrastructure as a Service in 2020, according to Politico. Cloud computing has become a [...] Read more at ETFtrends.com.
Energy sector-related exchange traded funds led the charge on Friday as crude oil prices rallied on a hurricane threat in the Gulf of Mexico that threatened production and a supportive Federal Reserve allayed growth concerns. Among the best-performing non-leveraged ETFs of Friday, the SPDR S&P Oil & Gas Exploration & Production ETF (NYSEArca: XOP) was up [...] Read more at ETFtrends.com.
The Infrastructure Investment and Jobs Act passed with a 69 to 30 vote in the Senate and is on its way for approval in the House of Representatives. The roughly $1 trillion bill will add $550 billion in new infrastructure spending over five years. This is a great win for America’s deteriorating roads and power [...] Read more at ETFtrends.com.
Value stock exchange traded funds jumped Friday while broad U.S. market indices hit record highs, following Federal Reserve Chairman Jerome Powell’s reassurances that the central bank will not overreact to the inflation spike and will maintain patience in tapering its bond purchasing program. At the Jackson Hole economic conference, Powell argued that inflation was “transitory” [...] Read more at ETFtrends.com.
Both the Impact Shares YWCA Women’s Empowerment ETF (WOMN) and the SPDR SSGA Gender Diversity Index ETF (SHE) hit record highs Wednesday, the day before Women’s Equality Day on Thursday. WOMN was up almost 19% year-to-date while SHE was up 17%, reported CNBC. Women’s Equality Day celebrates the day that the 19th Amendment, which prevented the [...] Read more at ETFtrends.com.
The limitations of lithium batteries could be minimized further with rapidly expanding technology, which can only benefit the Global X Lithium & Battery Tech ETF (LIT). Advancements in lithium batteries will be a boon for the electric vehicle market. With the push towards putting more electric vehicles (EVs) on the road, a research team in [...] Read more at ETFtrends.com.
The ARK 3D Printing ETF (CBOE: PRNT) is higher by almost 2% over the past month. While that may not sound like much for an often high-flying exchange traded fund, recent bullishness in PRNT could be the start of something more substantive. With a slew of industries, from automobile manufacturing to healthcare to industrial conglomerates, discovering [...] Read more at ETFtrends.com.
One of the most prominent stories involving international equities is the slump of Chinese internet stocks (among others in that country) prompted by heavy-handed regulatory policies by the Chinese Communist Party (CCP). The Invesco Golden Dragon China ETF (PGJ), which tracks the NASDAQ Golden Dragon China Index, and other exchange traded funds heavy on once-soaring [...] Read more at ETFtrends.com.
As the universes of environmental, social, and governance (ESG) and sustainable investing options expand, investors are clamoring for more clarity. That’s understandable, because ESG and sustainability scoring standards differ wildly among fund issuers and index providers, putting a premium on easy-to-understand, straightforward methodologies in this space. Enter the Goldman Sachs Future Planet Equity ETF (GSFP). [...] Read more at ETFtrends.com.
Global dividend growth is moving at an impressive pace this year, and payouts are inching toward reclaiming pre-pandemic highs. Factor that into today’s low-yield environment, and it’s a fine time for investors to consider dividend exchange traded funds, including the Schwab US Dividend Equity ETF (NYSEArca: SCHD). Home to $26.7 billion in assets under management, [...] Read more at ETFtrends.com.
The First Trust Lunt U.S. Factor Rotation ETF is seeing unusually high volume in afternoon trading Friday, with over 198,000 shares traded versus three month average volume of about 93,000. Shares of FCTR were up about 0.7% on the day.
In trading on Friday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 5% on the day. Components of that ETF showing particular strength include shares of PBF Energy, up about 11.7% and shares of Laredo Petrole
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Real Estate Select Sector SPDR— Fund (Symbol: XLRE) where we have detected an approximate $130.1 million dollar inflow -- that's a 3.1% in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares iBoxx $ High Yield Corporate Bond ETF (Symbol: HYG) where we have detected an approximate $96.5 million dollar inflow -- that's a 0.5% incre
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 $88.2 million dollar inflow -- that's a 0.7% increase 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 U.S. Real Estate ETF (Symbol: IYR) where we have detected an approximate $58.4 million dollar outflow -- that's a 1.1% decrease week over we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the GSLC ETF (Symbol: GSLC) where we have detected an approximate $62.9 million dollar outflow -- that's a 0.5% decrease week over week (from 153,200,00
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Solar ETF (Symbol: TAN) where we have detected an approximate $99.5 million dollar outflow -- that's a 3.1% decrease week over week (from 38