Although the stock market continues to trade near all-time highs, some experts are expressing concerns that the Federal Reserve may be downplaying the effects of inflation, potentially placing the U.S. at risk for another recession. Mohamed El-Erian, chief economic advisor at Allianz, is one financial pundit who is troubled by the Fed’s complacency. Chairman Powell and [...] Read more at ETFtrends.com.
The Palestine Monetary Authority is considering a digital currency, according to a recent Bloomberg report. According to Feras Milhem, the Governor of the Palestinian Monetary Authority, in an interview with Bloomberg Television, the hope is to eventually institute a digital currency for payment systems both within Palestine and with Israel and other countries. Under the 1995 [...] Read more at ETFtrends.com.
The Nasdaq-100 Index (NDX) is known for being a growth benchmark, one that boasts a lengthy track record of topping the S&P 500. Yet i’s not known for being a premier income destination. Today, NDX yields just 0.52%, and that’s despite years of the technology sector being a prime spot for dividend growth. There are, [...] Read more at ETFtrends.com.
There’s plenty of talk about the trying fixed income climate advisors and investors are facing this year, but broadly speaking, catastrophe is being averted, and some corners of the bond market are proving surprisingly resilient. Still, investors are apt to be concerned about the effects inflation, transitory as it may prove to be, will have [...] Read more at ETFtrends.com.
Renewable energy exchange traded funds were among 2020’s most scintillating thematic offerings before giving way to profit-taking earlier this year. Much of that was attributable to “sell the news” treatment as investors that bid higher on ETFs like the Invesco WilderHill Clean Energy ETF (PBW). While PBW is down about 13% year-to-date, investors may want [...] Read more at ETFtrends.com.
Inflation is here, and though it may be transitory, investors are still evaluating ways to buffer portfolios against rising consumer prices. One of the most frequently used assets in inflationary environments is Treasury Inflation-Protected Securities (TIPS). In prior eras of inflation, advisors and clients alike flocked to TIPS because these bonds issued by the U.S. [...] Read more at ETFtrends.com.
Last week was extremely upbeat for U.S. stocks. The S&P 500 logged the best week since February, per a MarketWatch article. Slightly tamer-than-expected inflation data probably boosted the investors’ sentiments. The personal consumption expenditures (PCE) price inde
The First Trust SSI Strategic Convertible Securities ETF is seeing unusually high volume in afternoon trading Monday, with over 831,000 shares traded versus three month average volume of about 124,000. Shares of FCVT were off about 0.2% on the day.
In trading on Monday, the Invesco Solar ETF is outperforming other ETFs, up about 5.1% on the day. Components of that ETF showing particular strength include shares of Jinkosolar Holding, up about 20.5% and shares of Daqo New Energy, up about 13.6% on the day.
The U.S. IPO market is sizzling this year, as companies broke the annual 2020 record in raising capital within less than six months. This is especially true, as IPOs have raised $171 billion so far this year, surpassing last year's record of $168 billion, according to dat
As was widely expected, major domestic banks passed the Federal Reserve’s most recent stress test, paving the way for the central bank to sign off on dividend increases and share repurchases. Shareholder rewards, often one of the primary reasons to embrace the financial services sector, could be to the benefit of an array of exchange [...] Read more at ETFtrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Russell 1000 Growth ETF, which added 25,350,000 units, or a 10.0% increase week over week. Among the largest underlying components of IWF
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the The Financial Select Sector SPDR Fund, where 49,900,000 units were destroyed, or a 4.2% decrease week over week. Among the largest underly
Data confirm advisors and investors continue embracing environmental, social, and governance (ESG) exchange traded funds in a big way. That could potentially prove beneficial for a new suite of ESG model portfolios from WisdomTree. The issuer’s dedicated ESG model portfolios debuted earlier this month as the latest additions to an already impressive basket of model [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Expanded Tech-Software Sector ETF (Symbol: IGV) where we have detected an approximate $174.9 million dollar outflow -- that's a 3.4% decreas
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 $95.2 million dollar outflow -- that's a 2.1% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Emerging Markets Min Vol Factor ETF (Symbol: EEMV) where we have detected an approximate $90.1 million dollar outflow -- that's a 2.3%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $149.6 million dollar inflow -- that's a 0.2% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares TIPS Bond ETF (Symbol: TIP) where we have detected an approximate $204.1 million dollar outflow -- that's a 0.7% decrease week over week (fr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MBS ETF (Symbol: MBB) where we have detected an approximate $140.5 million dollar inflow -- that's a 0.5% increase week over week in outstan