For investors looking to park cash in something other than a low-yielding money market fund, there are several options available. One is ultra-short bond funds, which Vanguard can offer with exchange traded funds (ETFs) like the Vanguard Ultra-Short Bond ETF (VUSB). “Ultra-short bond funds have become popular because they offer higher yields than money market [...] Read more at ETFtrends.com.
Downward pressure continues to push yields lower, which is forcing fixed income investors to seek other sources of yield and making the Russell 2000 Covered Call ETF (RYLD) a prime option. Small cap exposure can give investors the growth component they are seeking as markets continue to rebound from the pandemic. Additionally, a buy-write strategy using [...] Read more at ETFtrends.com.
The iShares Global Materials ETF is seeing unusually high volume in afternoon trading Tuesday, with over 209,000 shares traded versus three month average volume of about 93,000. Shares of MXI were off about 0.4% on the day.
In trading on Tuesday, the Gold Miners ETF is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of Harmony Gold Mining, up about 6.8% and shares of Kirkland Lake Gold, up about 4.9% on the day.
On Tuesday, Pacer ETFs, an ETF provider that offers strategy-driven, rules-based ETFs, announced the launch of two U.S. large cap dividend ETFs, QDPL and TRPL, in partnership with financial innovation and asset management company Metaurus Advisors, LLC. The two new unique, dividend-focused ETFs are now available on the New York Stock Exchange. The first fund is [...] Read more at ETFtrends.com.
By John A. Forlines III, Chief Investment Officer Since our last Markets in Motion, our Global Macro view has begun to playout. Since mid-May, growth/quality equities have turned from laggards to leaders as cyclical assets have faltered. We think this move has only just begun and we remain convicted in our positioning. This month, we [...] Read more at ETFtrends.com.
Investing in the Secular Remote Revolution. The Direxion Work From Home ETF (NYSE: WFH) celebrated its first birthday on June 25, 2021. A year ago, some on the Twittersphere cited its launch as emblematic of the top for stocks associated with empowering remote work. Morningstar even went so far to name WFH one the worst new ETFs of [...] Read more at ETFtrends.com.
More than 75 companies are currently lobbying lawmakers to enact a federal “clean energy standard” (CES), according to Axios. Companies such as Apple (AAPL), General Motors (GM), Unilever (UL), and Ebay (EBAY) have all joined forces to exert pressure on Congress to step up in creating a CES. The open letter, sent to Capitol Hill, [...] 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 Russia ETF, where 3,050,000 units were destroyed, or a 4.6% decrease week over week. Among the largest underlying components of RSX, in mo
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Invesco Preferred ETF, which added 4,200,000 units, or a 0.9% 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 Russell 2000 Growth ETF (Symbol: IWO) where we have detected an approximate $77.0 million dollar outflow -- that's a 0.6% 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 Invesco S&P 500— High Beta ETF (Symbol: SPHB) where we have detected an approximate $90.1 million dollar outflow -- that's a 4.4% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro S&P500 (Symbol: UPRO) where we have detected an approximate $108.5 million dollar outflow -- that's a 3.9% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHB ETF (Symbol: SCHB) where we have detected an approximate $74.2 million dollar inflow -- that's a 0.3% increase week over week in outstanding un
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 $91.8 million dollar outflow -- that's a 1.4% decrea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Transportation Average ETF (Symbol: IYT) where we have detected an approximate $168.1 million dollar outflow -- that's a 8.4% decrease week
In recent trading, shares of PayPal Holdings Inc (Symbol: PYPL) have crossed above the average analyst 12-month target price of $301.63, changing hands for $302.97/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
In recent trading, shares of Keysight Technologies Inc (Symbol: KEYS) have crossed above the average analyst 12-month target price of $157.50, changing hands for $157.72/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
In recent trading, shares of Bank of Montreal (Quebec) (Symbol: BMO) have crossed above the average analyst 12-month target price of $101.28, changing hands for $101.97/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr