Environmental, social, and governance (ESG) investing is starting to make its way into executive compensation. “Compensation is the ultimate governance mechanism that we have to make sure (that) companies are doing things right,” said Peter Reali, New York-based managing director and head of engagement for Nuveen, in a Pensions & Investments article. “ESG issues are [...] Read more at ETFtrends.com.
The United States and China have agreed to cooperate on the issue of climate change with urgency, as President Joe Biden is set to host a virtual Earth Day climate summit with world leaders. An agreement between the world’s two biggest carbon polluters will show they “are committed to cooperating with each other and with [...] Read more at ETFtrends.com.
The latest housing data continues to reflect strength in the space as U.S. homebuilding jumped to nearly a 15-year high level in March. However, growing struggle of homebuilders with respect to soaring softwood lumber prices and other material and labor costs continue to dampen t
In a stubbornly low interest-rate environment, investors are seeking out alternative avenues to generate extra yield. Midstream energy companies and master limited partnerships are two of the more credible asset classes in this arena. In the upcoming webcast, Midstream Marvels: An ETF Strategy for the Low-Rate Landscape, John Love, President and Chief Executive Officer, USCF; [...] Read more at ETFtrends.com.
The U.S. economy seems to be strongly rebounding from the coronavirus led-slowdown. Several factors like reopening of the U.S. economy, accelerated coronavirus vaccine rollout and a solid fiscal support are raising consumer optimism.
U.S. markets and stock exchange traded funds continued to decline Tuesday as investors seek out signs to further justify the record-setting equity rally. On Tuesday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 0.7%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was down 0.8%, and iShares Core S&P 500 ETF (NYSEArca: IVV) was 0.7% lower. “All [...] Read more at ETFtrends.com.
Despite interest rates inching higher, robust demand for housing is helping to instill confidence in homebuilders, which is subsequently fueling the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL). “The National Association of Home Builders’ monthly confidence index increased by a point to a reading of 83 in April, the trade group said,” a MarketWatch report said. “Index [...] Read more at ETFtrends.com.
By Julian Koski, CIO at New Age Alpha In his 2004 bestseller The Wisdom of Crowds, James Surowiecki famously provides evidence that when acting independently and in their own self-interest, the actions of individual members of a crowd result in an efficient outcome. Following this logic, if investors act independently in their pursuit of excess [...] Read more at ETFtrends.com.
Blockchain, cannabis, and dividend yields are a few of the top-performing sectors in the actively-managed space from ETF providers Amplify and Cambria. Blockchain Tops the List As cryptocurrencies continue to see interest from investors large and small, institutional and non-institutional, so are their underlying technologies: blockchain. This is helping active funds like the Amplify Transformational [...] Read more at ETFtrends.com.
With emerging markets assets poised to benefit from earnings growth and rising coronavirus vaccination levels, investors may want to consider a factor-based approach with the Invesco RAFI™ Strategic Emerging Markets ETF (ISEM). ISEM is based on the Invesco Strategic Emerging Markets Index. The Fund will normally invest at least 80% of its total assets in [...] Read more at ETFtrends.com.
On what has become a historic day for marijuana smokers, April 20, or 4/20, a leading ETF company is making a major announcement. Amplify ETFs recently announced that the Amplify Seymour Cannabis ETF (NYSE: CNBS) now has the ability to access Multi-State Operators (MSOs) via swaps. The ETF recently finished the necessary legal and operational work [...] Read more at ETFtrends.com.
As Canada cemented its lead in the emerging cryptocurrency space by approving three Ethereum ETFs last week, major assets managers are looking ahead by filing, or in some cases refiling, for Bitcoin-based exchange traded funds. Delaware-based investment advisory firm Kryptoin recently became the latest asset management firm to make such a move, last week refiling [...] Read more at ETFtrends.com.
Bitcoin has almost doubled this year and is up about 700% over the past year. After surging to more than $64,000 ahead of Coinbase’s (COIN) public listing last week, the digital currency plunged over the weekend. Turkish central bank’s ban on its use for payment, power outage
By Doug Sandler, CFA Summary We believe economic data clearly show that 2021 is going to be a banner year for the US economy. This will likely lead to greater optimism among consumers who now have the highest saving rate in more than 45 years, in our view. Be aware that the strong returns over [...] Read more at ETFtrends.com.
In a move toward the legalization of marijuana at the federal level, on Apr 19, the U.S. House of Representatives okayed legislation that would allow banks to provide services to cannabis companies in states where it is legal. So far, 36 states have legalized medical cannabis whi
Utilities stocks aren’t the first assets that come to mind when considering impact investing, but with certain strategies like the Virtus Reaves Utilities ETF (NYSEArca: UTES), investors can find some pleasant impact surprises in the sector. UTES seeks to provide alpha via a combination of capital appreciation and income. The only actively managed fund in [...] Read more at ETFtrends.com.
The SPDR— SSGA Income Allocation ETF is seeing unusually high volume in afternoon trading Tuesday, with over 127,000 shares traded versus three month average volume of about 32,000. Shares of INKM were off about 0.4% on the day.
In trading on Tuesday, the iShares Cohen & Steers REIT ETF is outperforming other ETFs, up about 1.2% on the day. Components of that ETF showing particular strength include shares of Prologis, up about 2.7% and shares of SBA Communications, up about 2.4% on the day.
Stocks and index ETFs are dropping again on Tuesday as investors disregard strong corporate earnings and sell their equities. The Dow Jones Industrial Average has declined 1% so far on Tuesday, while the S&P 500 has lost 1.07%. Meanwhile, the Nasdaq Composite led the drive lower, falling over 1.5%. Major stock ETFs are falling on [...] Read more at ETFtrends.com.
The materials sector, which tends to be the most-sensitive to global economic growth expectations, has been performing remarkably well this year on optimism that rapid COVID-19 vaccines and more stimulus will lead to faster-than-expected economic recovery.As such, the popular ETF