The increasing concerns about the U.S. inflation levels continue to dampen U.S. consumer sentiments. Notably, the University of Michigan’s consumer sentiment index declined to 82.9 in May from 88.3 last month. The reading remained mostly flat with May's preliminary re
In trading on Friday, shares of the Invesco Emerging Markets Sovereign Debt ETF (Symbol: PCY) crossed above their 200 day moving average of $27.71, changing hands as high as $27.73 per share. Invesco Emerging Markets Sovereign Debt shares are currently trading up about 0.8% on
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
A few things are keeping Bitcoin on its toes, including an apparent break-up between Elon Musk and the cryptocurrency, along with the SEC’s decision to delay the decision on Bitcoin ETF applications again – this time for WisdomTree. During “The Claman Countdown” on Fox Business Network on Friday, host Liz Claman spoke with ETF Trends CEO Tom Lydon live [...] Read more at ETFtrends.com.
Income-minded investors can consider an actively managed dividend exchange traded fund strategy to help keep ahead of inflation. The SmartETFs Dividend Builder ETF (NYSE Arca: DIVS) is an actively managed dividend growth strategy that seeks dividend-paying companies that have provided an inflation-adjusted cash flow return on investment of at least 10% in each of the [...] Read more at ETFtrends.com.
Semiconductors are a strong play in today’s markets, but the addition of Chinese exposure and 5G could make for a particularly potent combination with the KraneShares CICC China 5G & Semiconductor ETF (KFVG). 5G relies on semiconductor technology, and as the economy re-opens, the two could feed off each other’s strengths. Add that to China’s [...] Read more at ETFtrends.com.
Value investing is witnessing growing popularity in 2021. Investors seem to be optimistic about the accelerated coronavirus vaccine rollout, solid fiscal stimulus support and reopening of the U.S. economy, which may lead to faster U.S. economic recovery from the pandemic-
For investors looking for momentum, Schwab Fundamental U.S. Large Company Index ETF FNDX is probably a suitable pick. The fund just hit a 52-week high and is up 56.9% from its 52-week low price of $35.60/share.
U.S. markets jumped Friday, with the growth style and related exchange traded funds standing out, after a weak monthly employment report helped ease fears of an overheating economy. The Labor Department revealed nonfarm payrolls increased by 559,000 jobs in May on the vaccination drive and a re-opening economy, following an unexpected dip in the labor [...] Read more at ETFtrends.com.
Lumber prices are rising, which could push housing prices higher and strengthen the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL). As the global economy continues to re-open, the demand for housing continues to remain elevated. However, low supply has been pushing prices higher, and now, the cost of materials like lumber is rising as well. [...] Read more at ETFtrends.com.
Empowering women and minority entrepreneurs is the key to strengthening minority communities, argues CEO and Founder of Lafayette Square Damien Dwin in a recent article for Financial Times. True growth depends on economic justice, which will not be achieved, Dwin writes, until “people of colour and women have the chance to start and develop thriving [...] Read more at ETFtrends.com.
Rising inflation is opening pathways for savvy investors looking at assets like the FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR). As the expectation of rising rates ticks higher with rising prices, commodities and natural resources offer an ideal hedge. GUNR combines that trait with the convenience of an ETF wrapper that holds multiple [...] Read more at ETFtrends.com.
The 2021 asset-gathering pace of exchange traded funds is simply breathtaking. Last month, equity-based ETFs added $41 billion of inflows, bringing the year-to-date tally to $295.4 billion. In five months stock ETFs eclipsed their 2020 inflows. Not surprisingly, the eagerness of investors – both professionals and retail – to embrace ETFs is benefiting an array [...] Read more at ETFtrends.com.
May was decent for stocks, mainly due to the gradual economic reopening and lower virus cases in the United States. Vaccine distribution and upbeat economic data points gave a material boost to the U.S. treasury yields. As of Jun 1, 2021, the benchmark U.S. treasury yield
With a much-anticipated jobs report out of the way on Friday, investors are breathing a sigh of relief, as the Federal Reserve is unlikely to begin tapering, despite the strong payroll data. Hiring continued in May, with the addition of 559,000 new jobs, but that figure still wasn’t enough to compel the Federal Reserve to discuss tapering [...] Read more at ETFtrends.com.
In trading on Friday, the SPDR— S&P— Semiconductor ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Kopin, up about 10% and shares of Synaptics, up about 6% on the day.
On a seemingly monthly basis this year, actively managed exchange traded funds are topping previously set assets under management records. Further confirmation of that comes by way of the increasing number of vaunted fund managers with deep legacies with actively managed mutual funds that are entering the ETF arena. Some are choosing to do that [...] Read more at ETFtrends.com.
After being confined to our homes for over a year, it’s time to consider more traveling and reconnecting. On Friday, Defiance ETFs launched the Hotels, Airlines, and Cruise ETF ($CRUZ) – “the travel reopening trade.” Defiance’s CRUZ ETF gives investors access to stocks from the global travel industry in a post-Covid world. More specifically, CRUZ gives [...] Read more at ETFtrends.com.
On Tuesday, the World Health Organization approved a Covid-19 vaccine produced by Sinovac Biotech for emergency use, the second vaccine created in China to be approved according to Reuters. That could be good news for the KraneShares Emerging Market Healthcare Index ETF (NYSE: KMED), which holds several Chinese pharmaceutical stocks. Although Sinovac isn’t one of [...] Read more at ETFtrends.com.