European markets are on their fourth consecutive week of gains and pushed to new highs on Friday, lifting international stock exchange traded funds. The pan-European STOXX 600 index hit a record high of 476.16 on Friday and gained for the tenth consecutive session, matching its best winning streak since December 2006, despite concerns over the [...] Read more at ETFtrends.com.
The once-in-a-generation economic growth engine that was born in Silicon Valley has been copied, adapted, and improved on by emerging economies, catalyzing a digital revolution that has transformed the developing world. Combine the majority of the world’s people and internet access via low-cost smartphones and you create the ingredients for what Mckinsey & Co. calls [...] Read more at ETFtrends.com.
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
Microsoft recently announced a new partnership with Volt Energy, as the tech giant continues on its trek to convert all energy usage to renewable sources by 2025, CNBC reports. As a solar energy development firm, Volt Energy will work with Microsoft, with both companies using profits to bring carbon neutral electricity to underserved communities in [...] Read more at ETFtrends.com.
Microsoft recently announced a new partnership with Volt Energy, as the tech giant continues on its trek to convert all energy usage to renewable sources by 2025, CNBC reports. As a solar energy development firm, Volt Energy will work with Microsoft, with both companies using profits to bring carbon neutral electricity to underserved communities in [...] Read more at ETFtrends.com.
Physical precious metals and metal miners exchange traded funds rallied Friday after a pullback in U.S. consumer sentiment diminished fears that the Federal Reserve would taper its bond purchasing program early. Among the best performing non-leveraged ETFs of Friday, the Global X Silvers Miners ETF (NYSEArca: SIL) rose 2.6%, the U.S. Global GO GOLD and Precious Metal [...] Read more at ETFtrends.com.
The ALPS Sector Dividend Dogs ETF (SDOG) sports a dividend yield of 3.15% as of Aug. 12. While that’s more than double the comparable metric on the S&P 500 and certainly qualifies as “high-yield,” that yield is below SDOG’s historical norms. That shouldn’t imply that SDOG’s isn’t offering enough income. SDOG, which tracks the S-Network [...] Read more at ETFtrends.com.
The recent passage of the U.S. infrastructure plan through the Senate is giving infrastructure funds a lot to cheer about—including the FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA). NFRA is up close to 9% this year, buoyed by the infrastructure plan’s introduction earlier in 2021. Stretch that performance out to one year, and the [...] Read more at ETFtrends.com.
Lionel Messi, considered by many to be the world’s greatest-ever soccer player, has signed with Paris Saint-Germain (PSG). Part of his payment was made using cryptocurrency fan tokens, PSG has confirmed. Messi, 34, signed a two-year contract with PSG, which includes an option to sign for a third year. The tokens included in his “welcome [...] Read more at ETFtrends.com.
On this episode of The Switch, host Ren Leggi, Client Portfolio Manager for ARK Invest, and ETF Trends CEO Tom Lydon and CIO Dave Nadig discuss the closed-off research and investment mentality and ARK’s inclusive approach to research. Nadig opens the episode by discussing the typical way that research operations are built. Traditionally, companies highly intelligent [...] Read more at ETFtrends.com.
With Beijing clamping down on Chinese internet firms, tech organizations, and for-profit tutoring companies, these are perilous times for investors with exposure to the world’s second-largest economy. The MSCI China Index is off 8.50% over the past month and resides 26.62% below its 52-week high – a sign of a bear market. Those statistics imply [...] Read more at ETFtrends.com.
The Chinese government has promised 2 billion vaccines to help developing nations in the face of the highly contagious Covid-19 variant delta, as reported by the Wall Street Journal. President XI Jinping pledged the vaccines Thursday, while also calling for greater international cooperation in vaccine export and distribution. President Xi said that China has already distributed [...] Read more at ETFtrends.com.
Analysts and healthcare investors estimate that Moderna and Pfizer will earn billions from Covid-19 boosters in the coming months and set the stage for a booster market that would be similar to the $6 billion annual flu vaccine market, as reported in Reuters. The companies have been anticipating the need for boosters for months that [...] Read more at ETFtrends.com.
In trading on Friday, the Junior Gold Miners ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Pretium Resources, up about 15.2% and shares of New Found Gold, up about 8.2% on the day.
Thanks in large part to low interest rates and depressed yields on fixed income assets like municipal bonds and Treasuries, preferred stocks and their related exchange traded funds are receiving renewed attention from income investors this year. Investors willing to apply a bit more scrutiny to this high-yield asset class may find something to like [...] Read more at ETFtrends.com.
Equities: ▶ U.S. Equities: By our measures the U.S. equity markets remain significantly overvalued as they continue to hover around all-time highs which is indicative of lower expected returns on average over the longer-term. While Fed Chair Powell indicated at the June FOMC meeting that the time had come to begin to consider tapering the [...] 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 Core S&P Small-Cap ETF, where 5,550,000 units were destroyed, or a 0.9% decrease week over week. Among the largest underlying
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the PTBD ETF, which added 8,700,000 units, or a 20.9% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) where we have detected an approximate $196.4 million dollar outflow -- that's a 0.2% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the PAVE ETF (Symbol: PAVE) where we have detected an approximate $89.9 million dollar inflow -- that's a 2.1% increase week over week in outstanding un