Venture capital is being increasingly poured into ESG-centric companies, and climate tech ones in particular have experienced a boom. According to Yahoo Finance, climate tech companies backed by venture capital raised $14.2 billion globally between January and June of this year. In a report done by PwC, the authors stated that yearly venture capital funding [...] Read more at ETFtrends.com.
With yields remaining stubbornly low and inflation in the spotlight, income-minded investors will have to think outside the box to find attractive opportunities. Yet the “outside the box” moniker has typically signaled riskier, more volatile investments. In the upcoming webcast, Beyond Basic Bonds: Innovative ETF Strategies to Fix Fixed Income, Matthew Bartolini, Head of SPDR [...] Read more at ETFtrends.com.
Regulators have been reluctant to approve a cryptocurrency ETF, citing a myriad of issues such as volatility and security inconsistencies, but such fears have been underscored by recent news concerning Coinbase. Four months ago, Tanja Vidovic received a series of alerts related to suspicious activity in the access layer of her cryptocurrency account. To Vidovic’s [...] Read more at ETFtrends.com.
Dicks Sporting Goods Inc. (NYSE: DKS) surged on record profits and a special dividends announcement on Wednesday, lifting retail sector-specific exchange traded funds. The First Trust Nasdaq Retail ETF (FTXD) also gained 1.9% on Wednesday. Meanwhile, Dicks Sporting Goods shares jumped 14.0% on Wednesday. DKS makes up 4.2% of FTXD’s underlying portfolio. The retailer revealed sales [...] Read more at ETFtrends.com.
As the world’s population grows, it’s also aging, which will transform the current healthcare system. This opens up opportunities for the Global X Aging Population ETF (AGNG). Accommodating an aging population will lead to innovations in healthcare, in the technology itself as well as in the delivery of healthcare services. As such, AGNG provides investors [...] Read more at ETFtrends.com.
Delta Air Lines is one of a number of companies that is threatening penalties for unvaccinated workers, a topic that has become increasingly controversial recently. Delta CEO Ed Bastian announced to employees Wednesday that they could be responsible for $200 monthly hikes to their health insurance premiums starting Nov. 1 if they fail to get vaccinated [...] Read more at ETFtrends.com.
The Federal Reserve isn’t the only central bank deploying various monetary policy tools to help an economy contend with the effects of the coronavirus pandemic. Various emerging market central banks are responding to the global health crisis, and some of those moves could be prove impactful for exchange traded funds, such as the VanEck Vectors [...] Read more at ETFtrends.com.
The quality factor is generating renewed attention as of late, leading to an important reminder about a couple of things. First, investing for quality is usually a durable strategy that serves long-term investors well. Second, there remains fluidity in how market participants, including index providers and fund issuers, define quality, and those differences are meaningful [...] Read more at ETFtrends.com.
Rising COVID-19 cases have pushed many investors back into a defensive stance against volatility, to the benefit of the Invesco S&P 500 Low Volatility ETF (SPLV). Volatility, as defined, is a statistical measurement of the magnitude of up-and-down asset price fluctuations over time. The fund and the index are re-balanced and reconstituted quarterly in February, May, [...] Read more at ETFtrends.com.
Value stock exchange traded funds pushed higher on Wednesday, with the broader U.S. equity market knocking on another record high and traders waiting on the Federal Reserve’s annual symposium later this week. The Federal Reserve’s annual Jackson Hole symposium starts Thursday, and investors hope to glean fresh insights from Fed Chairman Jerome Powell on the [...] Read more at ETFtrends.com.
Riot Blockchain, one of the largest Bitcoin mining companies in the U.S., recorded $31 million in revenue in Q2, an increase of 1,540% since last year’s second quarter, according to a statement from earlier this week. The net income for the quarter was $19.3 million, which breaks down to $0.22 per share. Last year, the [...] Read more at ETFtrends.com.
Investors looking for alternative sources of income may want to give mortgage real estate investment trusts (mREITs) a look. Those who don’t want to stock pick in this high-yield asset class can turn to exchange traded funds, including the VanEck Vectors Mortgage REIT Income ETF (MORT). The $324.6 million MORT, which turned 10 years old [...] Read more at ETFtrends.com.
The First Trust Nasdaq Oil & Gas ETF is seeing unusually high volume in afternoon trading Wednesday, with over 181,000 shares traded versus three month average volume of about 44,000. Shares of FTXN were up about 1.3% on the day.
In trading on Wednesday, the Invesco KBW Bank ETF is outperforming other ETFs, up about 2.5% on the day. Components of that ETF showing particular strength include shares of Comerica, up about 3.1% and shares of State Street, up about 3% on the day.
Oil prices are high relative to last year’s levels, but profligate spending in the energy patch appears to be a thing of the past. That could be a good thing for investors. Global energy giants are tightening their belts, a strategy that could prove impactful for exchange traded funds, including the Alerian Energy Infrastructure ETF (ENFR). ENFR, [...] Read more at ETFtrends.com.
U.S. stocks have put in a solid outperformance against their global counterparts recently, due in part to rising worries over the Delta variant of COVID-19 and regulatory concerns out of China. But there are still plenty of opportunities overseas. And by focusing on intern
In recent trading, shares of Roblox Corp (Symbol: RBLX) have crossed above the average analyst 12-month target price of $87.60, changing hands for $89.26/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio
In recent trading, shares of Applovin Corp (Symbol: APP) have crossed above the average analyst 12-month target price of $72.75, changing hands for $74.50/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of Williams Sonoma Inc (Symbol: WSM) have crossed above the average analyst 12-month target price of $167.94, changing hands for $169.56/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of First Hawaiian Inc (Symbol: FHB) have crossed above the average analyst 12-month target price of $27.50, changing hands for $27.54/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va