The price of Bitcoin has been soaring lately. It crossed the $60,197-mark for the first time this month. Bitcoin has soared about 685.4% in the past year driven by institutional interest (read: Bitcoin at Record $60K: Which Way ETFs are Headed?).
The Invesco S&P SmallCap Low Volatility ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.2 million shares traded versus three month average volume of about 301,000. Shares of XSLV were up about 0.6% on the day.
U.S. markets and stock exchange traded funds tried to pare early morning losses on Thursday, with technology stocks falling behind. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was down 0.5%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) rose 0.2%, and iShares Core S&P 500 ETF (NYSEArca: IVV) was up 0.1%. “This is likely just [...] Read more at ETFtrends.com.
After a successful run in 2020, thanks to rising digitization amid social distancing caused by the coronavirus-led lockdowns, Tech ETFs have been facing a slowdown this year. Global vaccine distribution and the rollout of stimulus under the Biden presidency have boosted the risk-
Momentum and value are two distinct investment factors, and they’re rarely married under a single ETF umbrella. The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is changing the conversation. DVLU seeks investment results that correspond generally to the price and yield of an index called the Dorsey Wright Momentum Plus Value Index. The fund [...] Read more at ETFtrends.com.
After a solid rally in the second half of last year, the emerging markets stocks hit brakes in the recent weeks due to inflationary pressures and the resultant surge in U.S. yields. The MSCI emerging-markets index has lost about 10% from a record high in February (read: ETFs to W
On Thursday, Direxion launched the Direxion Hydrogen ETF (HJEN). HJEN invests in 30 companies in the hydrogen industry leading the way towards net-zero emissions by providing more accessible, efficient, and sustainable solutions. HJEN is broadly focused on the hydrogen economy, as opposed to only primarily concentrating in hydrogen fuel cells. “Hydrogen is the lightest and [...] Read more at ETFtrends.com.
California is looking to require that electric vehicles be the only new ones sold in the state in the future, an ambitious agenda that carries with it implications for exchange traded funds like the famed ARK Innovation ETF (NYSEArca: ARKK). “Companies within ARKK include those that rely on or benefit from the development of new [...] Read more at ETFtrends.com.
SPACs were hot. Things then cooled off, but they may be ramping up again with so many special purpose acquisition companies coming to market. That scenario could benefit the recently launched SPAC and New Issue ETF (SPCX), one of three dedicated blank-check exchange traded funds on the market today. According to Tuttle, the most appropriate strategy [...] Read more at ETFtrends.com.
Thematic investing, which has grown massively last year and continued to keep its strong pace this year, has become the most popular niche strategy. This is especially true, as the pandemic has changed the consumer and business landscape, leading to new trends and new ways of inv
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the HYLB ETF, where 15,450,000 units were destroyed, or a 10.5% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the The Financial Select Sector SPDR Fund, which added 6,850,000 units, or a 0.6% increase week over week. Among the largest underlying components of
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core MSCI Total International Stock ETF (Symbol: IXUS) where we have detected an approximate $214.3 million dollar inflow -- that's a 0.8% i
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Health Care Select Sector SPDR— Fund (Symbol: XLV) where we have detected an approximate $228.9 million dollar inflow -- that's a 0.9% inc
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI ACWI ETF (Symbol: ACWI) where we have detected an approximate $186.7 million dollar inflow -- that's a 1.2% increase week over week in
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— Dividend ETF (Symbol: SDY) where we have detected an approximate $202.0 million dollar inflow -- that's a 1.1% increase w
In recent trading, shares of Capital One Financial Corp (Symbol: COF) have crossed above the average analyst 12-month target price of $123.08, changing hands for $123.91/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
In recent trading, shares of Canadian Pacific Railway Ltd (Symbol: CP) have crossed above the average analyst 12-month target price of $355.40, changing hands for $356.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down
In recent trading, shares of Hess Corp (Symbol: HES) have crossed above the average analyst 12-month target price of $68.21, changing hands for $69.08/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,