Crude oil futures and ETFs stabilized on Monday, as the Ever Given, one of the world’s largest container vessels, was finally freed from the banks of the Suez Canal, where it had run aground nearly a week ago, impeding the flow of global trade goods like crude oil. The Suez Canal Authority said on Monday [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds pared early morning losses by mid-Monday after banks warned they could incur heavy losses in response to a hedge fund’s default on margin calls. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 0.2%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) rose 0.3%, and iShares Core S&P [...] Read more at ETFtrends.com.
Thanks to rising oil prices and a focus on renewable sources, the energy sector has been on an uptrend after a pandemic-ridden year. ETF investors looking beyond broad-based commodity plays can give the iShares MSCI Global Energy Producers ETF (FILL) a look. FILL seeks to track the investment results of the MSCI ACWI Select Energy Producers [...] Read more at ETFtrends.com.
The clean energy trade continues to persist in the early going of 2021, and it’s not too late for investors to joins in with funds like the Global X CleanTech ETF (CTEC). At a 0.50% expense ratio, CTEC seeks to provide investment results that correspond generally to the price and yield performance, before fees and [...] Read more at ETFtrends.com.
Stocks and index ETFs are losing ground on Monday thanks to fragile bank stocks that were affected by the selloff following Friday’s margin call. The Dow Jones Industrial Average fell 0.4%, while the S&P 500 lost 0.6% and the Nasdaq Composite dropped 1.2%. Major stock ETFs are dipping on Monday as well. The SPDR Dow Jones [...] Read more at ETFtrends.com.
Gone are the days when ETF issuers and investors used to consider market-cap oriented, dividend-paying or style-based products. The industry has been expanding fast lately, resorting to a smarter approach and widening into new markets and niches. Amid the whole bunch of newer the
With rumblings of federal legalization, marijuana-focused exchange-traded funds (ETFs) have been one of the best performers in 2021. Here are three actively managed ETFs investors can look at now as the capital markets await word from the White House. “The new year has started on a high note for the cannabis industry. Marijuana ETFs – [...] Read more at ETFtrends.com.
Gold prices hit a rough patch in the first quarter, but that’s not stopping junior miners from pushing ahead with their own projects, and that could work in the long-term favor of the Sprott Junior Gold Miners ETF (NYSEArca: SGDJ). SGDJ tracks small cap gold miners, but weighs its components based on revenue growth and [...] Read more at ETFtrends.com.
The U.S. Department of Energy (DOE) wants to lower solar costs, and that could be a long-term boon for the Invesco Solar ETF (TAN). TAN seeks to track the investment results of the MAC Global Solar Energy Index, which is designed to provide exposure to companies listed on exchanges in developed markets that derive a [...] Read more at ETFtrends.com.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Intercontinental Exchange Inc (Symbol: ICE) has taken over the #21 spot from Abbott Laboratories (Symbol: ABT), according to ETF Channel. Below is a chart of Interc
A study of analyst recommendations at the major brokerages shows that Salesforce.com Inc (Symbol: CRM) is the #8 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Salesforce.com Inc also comes in above the media
The VanEck Vectors Video Gaming and eSports ETF (NASDAQ: ESPO) and rival video game ETFs enjoyed plenty of catalysts last year. Even more are ahead. ESPO seeks to track the performance of the MVIS Global Video Gaming and eSports Index (MVESPO). The index is a rules-based, modified capitalization-weighted, and float-adjusted index intended to give investors [...] Read more at ETFtrends.com.
The WisdomTree U.S. MidCap Fund ETF (EZM) is seeing unusually high volume in afternoon trading Monday, with over 150,000 shares traded versus three month average volume of about 52,000. Shares of EZM were down about 1.4% on the day.
In trading on Monday, shares of the iShares Silver Trust ETF (Symbol: SLV) crossed below their 200 day moving average of $22.79, changing hands as low as $22.70 per share. iShares Silver Trust shares are currently trading down about 1.7% on the day. The chart below shows the
In trading on Monday, shares of the J.P. Morgan EM Local Currency Bond ETF (Symbol: EMLC) entered into oversold territory, changing hands as low as $30.46 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARKK ETF (Symbol: ARKK) where we have detected an approximate $91.2 million dollar outflow -- that's a 0.4% decrease week over week (from 193,300,00
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Aerospace & Defense ETF (Symbol: XAR) where we have detected an approximate $111.6 million dollar outflow -- that's a
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Broad USD High Yield Corporate Bond ETF (Symbol: USHY) where we have detected an approximate $102.8 million dollar outflow -- that's a 1.4%
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 Momentum Factor ETF (Symbol: MTUM) where we have detected an approximate $269.3 million dollar outflow -- that's a 1.9% decrease we
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 500 ETF (Symbol: IVV) where we have detected an approximate $576.2 million dollar outflow -- that's a 0.2% decrease week over w