The COVID-19 pandemic has taught us all many lessons. We are all armchair experts in mRNA and virology, and we’ve (mostly) worked out how to work from home. But there are lessons for markets, too.
By J. Keith Buchanan, CFA, Portfolio Manager, GLOBALT Investments The underlying theory. Harry Markowitz, known by many as the father of modern portfolio theory, might have been on to something back seventy years ago. He would later become a Nobel Laureate for a lifetime of work understanding and articulating the theory that allocating resources to a [...] Read more at ETFtrends.com.
On Tuesday, the SEC announced that it was extending the review period for the Valkyrie Bitcoin Fund application, which was filed by Valkyrie Investments in January of this year. In May, the SEC extended the decision making period for the Valkyrie Bitcoin Fund by 45 days. The new date for decision-making is set to be [...] Read more at ETFtrends.com.
CFRA’s ETF star ratings are derived from what is inside the portfolio and how much it costs rather than solely relying on past performance. The value of this approach is particularly notable when an ETF changes its tracking index, as this makes the fund’s track record less useful. For example, iShares Biotechnology ETF (IBB) and [...] Read more at ETFtrends.com.
Metals have been the strongest performers the past month when looking at the top gainers in Global X’s thematic ETF stable. With the Federal Reserve deciding to stand pat on interest rate raises until 2023, investors could be moving back into metals again. Global X funds focusing on silver, gold exploration, and uranium have all [...] Read more at ETFtrends.com.
Prime Day 2021 was yet another record-breaking, two-day event for the e-commerce behemoth Amazon AMZN. Online sales surged 6.1% year over year to $11 billion in the 48-hour shopping event, topping the record $10.9 billion in e-commerce spending on Cyber Monday in 2020, ac
Bitcoin was laboring around $33,300 late Wednesday, a far cry from the all-time highs near $63,000 that were seen in mid-April. What was once a digital asset with a market value of north of $1 trillion now has a market capitalization of $623.12 billion (as of late June 23). That decline isn’t preventing some well-known [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the EMQQ ETF (Symbol: EMQQ) crossed above their 200 day moving average of $62.56, changing hands as high as $62.60 per share. EMQQ shares are currently trading up about 1% on the day. The chart below shows the one year performance of EMQQ sha
In trading on Thursday, shares of the ProShares ProShares UltraPro Short QQQ ETF (Symbol: SQQQ) entered into oversold territory, changing hands as low as $9.42 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indi
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR Portfolio Mortgage Backed Bond ETF, which added 7,900,000 units, or a 5.6% increase week over week.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Daily Junior Gold Miners Index Bear 2X Shares, where 3,800,000 units were destroyed, or a 32.0% 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 $108.6 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 iShares U.S. Home Construction ETF (Symbol: ITB) where we have detected an approximate $122.2 million dollar outflow -- that's a 4.8% 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 Brazil ETF (Symbol: EWZ) where we have detected an approximate $90.3 million dollar outflow -- that's a 1.3% decrease week over week (f
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Consumer Services ETF (Symbol: IYC) where we have detected an approximate $126.9 million dollar outflow -- that's a 8.2% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Daily Financial Bull 3X Shares
(Symbol: FAS) where we have detected an approximate $182.3 million dollar inflow -- that's a 6.1% increase 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 Core S&P U.S. Growth ETF (Symbol: IUSG) where we have detected an approximate $173.7 million dollar inflow -- that's a 1.5% increase wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Min Vol Factor ETF (Symbol: USMV) where we have detected an approximate $275.9 million dollar outflow -- that's a 1.0% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio Developed World ex-US ETF (Symbol: SPDW) where we have detected an approximate $147.5 million dollar inflow -- that's a 1.3% i
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Innovation ETF (Symbol: ARKK) where we have detected an approximate $333.5 million dollar inflow -- that's a 1.4% increase week over week in out