The CEF Municipal Income ETF is seeing unusually high volume in afternoon trading Monday, with over 1.6 million shares traded versus three month average volume of about 41,000. Shares of XMPT were down about 0.2% on the day.
Fixed income investors looking for mechanisms to extract yield outside of safe-haven government bonds can find a plethora of opportunities in one ETF: the FlexShares Ready Access Variable Income Fund (RAVI). The low-yield environment is certainly forcing investors to look beyond Treasury notes. Rather than sift through a mass of opportunities, RAVI can give investors [...] Read more at ETFtrends.com.
The Invesco QQQ Trust (QQQ) is regularly lauded as a trader’s and long-term holder’s tool, but investors, short- and long-term alike, shouldn’t forget the Invesco NASDAQ 100 ETF (QQQM). QQQM is based on the NASDAQ-100 Index (Index). The fund will invest at least 90% of its total assets in the securities that comprise the Index. [...] Read more at ETFtrends.com.
On the back of a 7.31% slide over the past month, the MSCI Emerging Markets Index is now saddled with a year-to-date loss of 4.20%. China and its regulatory crackdown aimed at internet and technology companies are among rhe culprits behind that gloominess, but the decline is also a reminder to investors that emerging markets [...] Read more at ETFtrends.com.
With all of the negative attention generated by Chinese stocks this year, plenty of investors may be thinking it’s appropriate to take a pass on emerging markets equities. That’s not the case, as an array of other developing economies, both large and small, are homes to thriving equity markets. India is a prime example. Just [...] Read more at ETFtrends.com.
There could be big gains ahead for biotech ETFs, as the Food and Drug Administration on Monday fully approved the Pfizer and BioNTech coronavirus vaccine, making it the first vaccine in the U.S. to be awarded such a designation. The move could generate additional confidence for more businesses, schools, and universities to embrace the current vaccine mandates. [...] Read more at ETFtrends.com.
Advisors are on the receiving end of an ever increasing number of requests from their clients interested in ESG (Environmental, Social, and Governance) and Socially Responsible Investing (SRI). ESG and SRI investing can no longer be considered a fad, it is here to stay. However, the ESG investment landscape can be confusing, and it may [...] Read more at ETFtrends.com.
Fixed income investors know credit quality matters, and that’s particularly true with corporate bonds. Corporate debt with investment-grade ratings feature lower yields, but less risk. Those with junk grades sport higher yields to compensate investors for higher risk. Indeed, there’s a divide between investment-grade and junk bonds and it’s one that, at the corporate bond [...] Read more at ETFtrends.com.
A lot of focus has been placed on the environmental aspect when investors consider environmental, social, and governance principles. Now, the Securities and Exchange Commission is eyeing the social aspect as it seeks out how well companies are treating their employees. Securities and Exchange Commission Chair Gary Gensler is asking SEC staff to consider a [...] Read more at ETFtrends.com.
In trading on Monday, the Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 5.2% on the day. Components of that ETF showing particular strength include shares of Lithium Americas, up about 4.8% and shares of AXTI, up about 3.5% on the day.
With the MSCI Emerging Markets Index down more than 4% this year, it’d be easy for advisors to be dismissive of stocks in developing economies. Throw in lack of visibility as to when Beijing will take its foot off the regulatory gas pedal and the near-term outlook for emerging markets becomes murkier because China is [...] Read more at ETFtrends.com.
Long-term fundamentals could support municipal bond exchange traded funds as investment demand could fall short of new muni issuances. About 21% of outstanding tax-exempt debt will mature or be called by the end of 2024, Bloomberg reports. The amount rises to 31% by the end of 2026. Matt Fabian, partner at Municipal Market Analytics, warned [...] Read more at ETFtrends.com.
In trading on Monday, shares of the Daily Small Cap Bull 3X Shares
ETF (Symbol: TNA) crossed above their 200 day moving average of $83.34, changing hands as high as $83.62 per share. Daily Small Cap Bull 3X Shares
shares are currently trading up about 4% on the day. The cha
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Oil Services ETF (Symbol: OIH) where we have detected an approximate $59.0 million dollar outflow -- that's a 2.8% decrease week over week (from 12,
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell Mid-Cap Growth ETF (Symbol: IWP) where we have detected an approximate $85.3 million dollar outflow -- that's a 0.5% decrease week o
In recent trading, shares of Cadence Design Systems Inc (Symbol: CDNS) have crossed above the average analyst 12-month target price of $156.25, changing hands for $156.67/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down
In recent trading, shares of Regeneron Pharmaceuticals, Inc. (Symbol: REGN) have crossed above the average analyst 12-month target price of $659.33, changing hands for $663.27/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react:
In recent trading, shares of Casella Waste Systems, Inc. (Symbol: CWST) have crossed above the average analyst 12-month target price of $72.17, changing hands for $73.54/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
In recent trading, shares of McAfee Corp (Symbol: MCFE) have crossed above the average analyst 12-month target price of $25.67, changing hands for $25.87/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 Bruker Corp (Symbol: BRKR) have crossed above the average analyst 12-month target price of $84.14, changing hands for $84.16/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio