In trading on Friday, shares of the iShares Core Total USD Bond Market ETF (Symbol: IUSB) crossed below their 200 day moving average of $53.66, changing hands as low as $53.65 per share. iShares Core Total USD Bond Market shares are currently trading off about 0.4% on the day.
In trading on Friday, shares of the FLCO ETF (Symbol: FLCO) crossed below their 200 day moving average of $26.33, changing hands as low as $26.30 per share. FLCO shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of FLCO sh
Does Exxon see the writing on the wall? Exxon Mobil Corp could be working to cut its net carbon emissions to zero by 2050. Exxon Chief Executive Darren Woods previously scoffed at the idea of carbon reduction targets made by European rivals as nothing more than a “beauty competition,” but Woods and others on Exxon’s [...] Read more at ETFtrends.com.
U.S. government bond yields rose and Treasury-related exchange traded funds declined Friday after the Labor Department showed the unemployment rate dipped to its lowest level since the coronavirus pandemic. On Friday, the iShares 7-10 Year Treasury Bond ETF (IEF) fell 0.5% and the iShares 20+ Year Treasury Bond ETF (NasdaqGS: TLT) decreased 1.4%. Yields on [...] Read more at ETFtrends.com.
Some exchange traded funds are dedicated to dividends. Others focus on companies with strong share buyback programs. Combining the two concepts forms the basis of shareholder yield, which is accessible via the WisdomTree U.S. Quality Shareholder Yield Fund (NYSEArca: QSY). Not only does QSY provide investors with ample buyback and dividend exposure, the fund is [...] Read more at ETFtrends.com.
Investors pondering when growth stocks are going to get back to their old ways or when value stocks will regain the form seen earlier this year may want to focus elsewhere. The quality factor is an excellent starting point. Just look at the Invesco S&P 500 Quality ETF (NYSEArca: SPHQ). After a steady, multi-month grind [...] Read more at ETFtrends.com.
CEO of ETF Trends Tom Lydon recently appeared on TD Ameritrade to discuss the popularity of ETFs, as well as top ETFs in the current market. This year has seen record inflows into ETFs, and it is apparent that ETFs are increasingly sought after by investors. From the genesis of ETFs that tracked the S&P [...] Read more at ETFtrends.com.
A dizzying number of exchange traded funds offer investors access to disruptive, innovative, and secular growth equities. The thing is, this universe evolves rapidly. Enter the Goldman Sachs Future Planet Equity ETF (GSFP). GSFP, which debuted last month, is the first active equity-based ETFs in the Goldman Sachs stable and it’s appropriate at a time [...] Read more at ETFtrends.com.
While precious metals are falling Friday, some experts are suggesting that silver especially could continue to rise in the future. Silver and gold are both trading lower today, with front month gold futures down 2.4% to trade at $1765.10 an ounce, or $43.60 lower, while silver slumped 3.68%, or almost $1 to trade near $24.36 [...] Read more at ETFtrends.com.
Precious metals exchange traded funds retreated on Friday, with gold prices slipping to their lowest level in over a month, after the strong July jobs report fueled fears that the Federal Reserve could cut back on its accommodative measures sooner than expected. On Friday, the SPDR Gold Shares (NYSEArca: GLD) was 2.2% lower and the iShares Silver [...] Read more at ETFtrends.com.
A stronger-than-expected jobs report on Friday boosted stocks and ETFs connected with the economic recovery, and helped stock ETFs reach fresh, all-time highs. Amid a positive jobs report, the Dow Jones Industrial Average climbed 0.44% on Friday to notch an intraday record high, while the S&P 500 added 0.22% and scored its own intraday all-time [...] Read more at ETFtrends.com.
Value stocks and related exchange traded funds rallied Friday as economically sensitive sectors advanced in response to the strong July job numbers that helped assuage fears of a slowdown in the economic recovery. According to the Labor Department, non-farm payrolls rose by 943,000 over July amid growing demand in more labor-intensive services industries, Reuters reports. [...] 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 siloization on Wall Street. Siloization in this case refers to the parsing of information and personnel into separate units with little communication between them. Lydon explains that the [...] Read more at ETFtrends.com.
While Covid-19 variants on the rise, the push for more vaccinations make the Invesco Nasdaq Biotechnology ETF (IBBQ) an ETF to watch. As Covid cases experience a resurgence, more companies are mandating workers get vaccinated. This could give the biotech industry its own proverbial shot in the arm. The fund is based on the Nasdaq Biotechnology [...] 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 528,000 shares traded versus three month average volume of about 62,000. Shares of FCTR were down about 0.6% on the day.
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 Optimum Yield Diversified Commodity Strategy No K-1 ETF, where 7,700,000 units were destroyed, or a 2.4% decrease 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 Russell 2000 Value ETF (Symbol: IWN) where we have detected an approximate $79.9 million dollar outflow -- that's a 0.5% decrease week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Latin America 40 ETF (Symbol: ILF) where we have detected an approximate $81.8 million dollar outflow -- that's a 4.8% 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 iShares MSCI All Country Asia ex Japan ETF (Symbol: AAXJ) where we have detected an approximate $142.4 million dollar outflow -- that's a 2.5% decre