Nasdaq ETFs

The iShares U.S. Medical Devices ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.2 million shares traded versus three month average volume of about 187,000. Shares of IHI were off about 0.2% on the day.

After last year's stellar run on the back of the push to develop coronavirus vaccines, biotechnology stocks are taking a breather this year, but that respite could be nearing its expiration date.

Biogen’s (NASDAQ: BIIB) Aduhelm sparked a rally in the biotech giant’s share price and hope that progress is being made in treating Alzheimer’s. However, the news isn’t free of controversy, and carries with it implications for healthcare exchange traded funds, including the VanEck Vectors Pharmaceutical ETF (PPH). The $330 million PPH, as its name implies, [...] Read more at ETFtrends.com.

Operating margin for S&P 500 companies rebounds to near all-time highs. You’ve likely heard that second quarter profits are surging, driven by easy year-over-year comparisons and the reopening of the economy. Lost in the hoopla over blowout earnings is how profitable America’s companies are for every dollar in revenue they take in, or the operating [...] Read more at ETFtrends.com.

Precious metals continue to have an interesting summer. Inflation fears still stalk the market, but last month the U.S. dollar rebounded with more strength than anticipated. That usually spells big trouble for inflation hedges, like precious metals, but the metals complex remained resilient. Gold Gold ended the month at $1,846.70/oz, up 2% on the month. [...] Read more at ETFtrends.com.

Renewable energy funds like the ALPS Clean Energy ETF (ACES) may have stumbled in the first six months of 2021, but those sticking these products could be rewarded for their patience. The reason is simple. While some market participants opted to ring the register on ACES and clean energy equities in the first half, renewable energy spending soared to new [...] Read more at ETFtrends.com.

In trading on Thursday, shares of the ProShares ProShares UltraPro Short QQQ ETF (Symbol: SQQQ) entered into oversold territory, changing hands as low as $8.05 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indi

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 U.S. Treasury Bond ETF, where 30,800,000 units were destroyed, or a 5.1% decrease week over week.

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI EAFE Growth ETF, which added 7,200,000 units, or a 6.9% increase week over week. Among the largest underlying components of EFG, in

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Daily Semiconductor Bull 3X Shares (Symbol: SOXL) where we have detected an approximate $461.8 million dollar outflow -- that's a 10.0% decrease we

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Genomic Revolution ETF (Symbol: ARKG) where we have detected an approximate $110.9 million dollar outflow -- that's a 1.3% 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 USO ETF (Symbol: USO) where we have detected an approximate $94.4 million dollar outflow -- that's a 3.4% decrease week over week (from 58,223,603 t

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio Emerging Markets ETF (Symbol: SPEM) where we have detected an approximate $65.1 million dollar outflow -- that's a 1.1% decrea

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $500.1 million dollar inflow -- that's a 8.7% increase week over week in outst

On the surface, the US economy continued to hum along in July, with the Advance Estimate of Q2 GDP coming in at a +6.5% annualized rate.  Q1 GDP was revised lower, to +6.3% from +6.4%. Under the surface, economic data as a whole has been missing expectations for months.  The Citi US Economic Surprise Index [...] Read more at ETFtrends.com.

The bond market’s risk/reward profile has never been less favorable for investors; interest rate risk is near all-time highs, while yields hover near all-time lows. In the upcoming webcast, Feeling Like It’s Time to Get Out of Bonds? Here’s Your Strategy, Bruce Bond, Co-Founder and CEO, Innovator ETFs; and Graham Day, Vice President of Product [...] Read more at ETFtrends.com.

On Wednesday, Duff & Phelps Investment Management Co. and Virtus ETF Solutions, both affiliates of Virtus Investment Partners, Inc. (NASDAQ: VRTS), announced the introduction of the Virtus Duff & Phelps Clean Energy ETF (NYSE: VCLN), the first ETF strategy managed by Duff & Phelps. The Virtus Duff & Phelps Clean Energy ETF seeks attractive total returns by investing globally in a portfolio [...] Read more at ETFtrends.com.

On Wednesday, SonicShares™ announced the launch of the SonicShares™ Global Shipping ETF (NYSE Arca: BOAT), which seeks to track the Solactive Global Shipping Index. BOAT provides investors with pure-play exposure to a portfolio of global companies engaged in maritime shipping. It is difficult to overstate how important shipping is to international trade and the global economy as [...] Read more at ETFtrends.com.

U.S. markets slipped Wednesday, but growth stocks and related exchange traded funds maintained their strength after updated economic data revealed the private sector added fewer jobs than expected over July, weighing on more economically sensitive sectors. ADP data revealed that 330,000 private sector jobs were added last month, or almost half the number economists were [...] Read more at ETFtrends.com.