The best-performing exchange traded funds of Wednesday enjoyed a boost from the frenzy in AMC Entertainment (NYSE: AMC) as retail traders fueled a surge in the meme stock rally. AMC Entertainment shares jumped as high as 115% mid-Wednesday, with 558.7 million shares exchanging hands, compared to its 1.4 million daily average. Meanwhile, among the best-performing [...] Read more at ETFtrends.com.
With pride month currently underway, there’s no time like the present to learn more about the world’s first LGBTQ ETF, the LGBTQ + ESG100 ETF (NASDAQ: LGBT). CNBC’s Seema Mody filled in as host on “ETF Edge” to discuss LGBT and its holdings with Tom Lydon, ETF Trends CEO, Bob Tull of Procure Holdings, and Andrew [...] Read more at ETFtrends.com.
In trading on Wednesday, the Invesco Dynamic Leisure and Entertainment ETF is outperforming other ETFs, up about 11% on the day. Components of that ETF showing particular strength include shares of Amc Entertainment Holdings, up about 108% and shares of Airbnb, up about 5.7% o
By Doug Sandler, CFA Summary The economic re-opening has led to supply constraints which threaten growth. Historically, a combination of technological gains, human ingenuity, and labor and mix shifts have alleviated supply constraints. We view supply constraints as more of a speedbump and less of a roadblock. Supply constraints more likely a speedbump than a [...] Read more at ETFtrends.com.
Oil prices rose 40% this year amid improving economic conditions globally. Notably, the pandemic seems to be gradually coming under control in the United States, China and some parts of Europe amid an accelerated coronavirus vaccination drive. The economic recovery from t
When it comes to state-level renewable energy adoption, California has long been a leader. However, much of the Golden State’s clean energy policy and deployment revolves around solar power. That’s starting to change, and the shift carries with it implications for wind energy and assets such as the First Trust Global Wind Energy ETF (FAN). To little [...] 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 ProShares ProShares UltraPro Short QQQ, which added 6,550,000 units, or a 4.3% 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 Invesco S&P 500 Low Volatility ETF, where 34,890,000 units were destroyed, or a 20.7% decrease week over week. Among the largest under
Wall Street started June with optimism surrounding the reopening of the U.S. economy. Despite being worried about inflation and price pressure, investors played the reopening trade on Jun 1. Travel and hospitality, energy, materials and financials were the spaces that saw
By Eric Stevenson One of the pressing issues the pandemic brought into greater focus is many Americans’ lack of emergency savings. This concern was on the financial community’s radar even before COVID-19, with millions of Americans lacking adequate savings or any savings at all to cover a $400 emergency expense. As unemployment soared last year, [...] Read more at ETFtrends.com.
On Tuesday, Rosemont, IL-based asset manager TrueMark Investments launched the twelfth and final ETF in the TrueShares structured outcome product suite. The TrueShares Structured Outcome (June) ETF (JUNZ) is sub-advised by SpiderRock Advisors, a Chicago-based asset management firm specializing in option overlay strategies. The fund seeks to provide investors with structured outcome exposure to the S&P [...] 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 First Trust Rising Dividend Achievers ETF (Symbol: RDVY) where we have detected an approximate $142.2 million dollar inflow -- that's a 3.3% increas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares PHLX Semiconductor ETF (Symbol: SOXX) where we have detected an approximate $237.3 million dollar inflow -- that's a 3.7% 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 SPDR— Bloomberg Barclays Convertible Securities ETF (Symbol: CWB) where we have detected an approximate $134.8 million dollar inflow -- that's
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. Energy ETF (Symbol: IYE) where we have detected an approximate $156.7 million dollar inflow -- that's a 6.6% increase week over week in
A look at the weighted underlying holdings of the iShares MSCI USA Value Factor ETF (Symbol: VLUE) shows an impressive 16.0% of holdings on a weighted basis have experienced insider buying within the past six months.
Prudential Financial Inc (Symbol: PRU), which makes up 0.63%
The COVID-19 pandemic accelerated adoption of an array of disruptive growth technologies, including e-commerce, fintech, and more. Healthcare innovation is part of that trend, and the ARK Genomic Revolution Multi-Sector Fund (CBOE: ARKG) is an exchange traded fund for investors to consider as the pandemic compels healthcare professionals to explore new concepts in genetic testing. [...] Read more at ETFtrends.com.
The energy sector has been shining lately on an oil price surge buoyed by a swift global economic recovery and reopening of economies that are spurring demand for energy despite concerns over tighter COVID-19 related restrictions across parts of Asia. Notably, Brent crude
Timing investment factors is difficult, but that doesn’t mean the growth-to-value rotation is getting less attention. While growth may currently be lagging, the future outlook is far less certain. Advisors can cover both bases while positioning for the expansion phase in the economic cycle with WisdomTree’s series of growth model portfolios. “These U.S.-focused model portfolios [...] Read more at ETFtrends.com.