In trading on Tuesday, shares of the iShares 5-10 Year Investment Grade Corporate Bond ETF (Symbol: IGIB) entered into oversold territory, changing hands as low as $60.85 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical an
In trading on Tuesday, shares of the Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) entered into oversold territory, changing hands as low as $104.7939 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indica
In trading on Tuesday, shares of the Invesco Taxable Municipal Bond ETF (Symbol: BAB) crossed below their 200 day moving average of $33.04, changing hands as low as $32.96 per share. Invesco Taxable Municipal Bond shares are currently trading down about 0.7% on the day. The c
In trading on Tuesday, shares of the SCHR ETF (Symbol: SCHR) entered into oversold territory, changing hands as low as $57.49 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Tuesday, shares of the Invesco Taxable Municipal Bond ETF (Symbol: BAB) entered into oversold territory, changing hands as low as $32.9601 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
The world’s largest cryptocurrency, bitcoin, has been enjoying increasing attention from institutional investors like big corporations and hedge fund managers. Going by a composite of prices compiled by Bloomberg, bitcoin has jumped around 3.6% to $49,913 in Asian trading on Fe
Timber sector-related exchange traded funds continue to grow as lumber prices have surged over the past three weeks on ongoing demand in the real estate market. The iShares Global Timber & Forestry ETF (WOOD) has increased 9.2% year-to-date while the Invesco MSCI Global Timber ETF (CUT) has gained 6.4%. Over the past year, WOOD has advanced 35.2% [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds are mixed, with cyclical sectors pushing higher, as investors looked to more fiscal stimulus and increased vaccine distributions to support a broad economic recovery. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) was down 0.2%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.3%, and iShares Core [...] Read more at ETFtrends.com.
Wall Street was muted last week. The S&P 500, the Dow Jones and the Nasdaq Composite added about 0.6%, 0.3% and 0.6% past week, respectively. The week was marked by the bitcoin rally, some Reddit bets and an uptrend in some cyclical sectors. Below we highlight a few winning l
Patience and discipline are important virtues for investors in the capital markets. They’re almost required in emerging markets. ETFs like the VanEck Vectors Brazil Small-Cap ETF (BRF) can pay off in the long-run. The fund seeks to replicate as closely as possible the price and yield performance of the MVIS® Brazil Small-Cap Index, which includes securities [...] Read more at ETFtrends.com.
Based on data from global research and advisory firm Gartner, worldwide IT spending is expected to reach $4 trillion by the end of this year. This gives ETF investors an opportunity to bet on software growth with the Invesco Dynamic Software ETF (PSJ). PSJ seeks to track the investment results of the Dynamic Software IntellidexSM Index. [...] Read more at ETFtrends.com.
The Direxion Daily CSI China Internet Bull 2X Shares (CWEB) topped $100 recently, cresting 43% past its high set over three years ago. With China surpassing one billion internet users, according to a CNBC article, it’s easy to see why. “New data show the extent to which Chinese people went online in the wake of the [...] Read more at ETFtrends.com.
On Tuesday, ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported that assets invested in ETFs and ETPs listed in the United States reached a new record of $5.52 trillion at the end of January. $57.23 billion in net inflows was gathered in January, the second-largest net [...] Read more at ETFtrends.com.
A passive index may not give fixed income investors full exposure to the broad spectrum of bonds, including those in emerging markets. Thankfully, there’s a solution for that problem in the actively managed Global X Emerging Markets Bond ETF (EMBD). EMBD aims to provide investors with strategic exposure to the growing universe of emerging market [...] Read more at ETFtrends.com.
Wall Street was muted last week. The S&P 500, the Dow Jones and the Nasdaq Composite added about 0.6%, 0.3% and 0.6% past week, respectively. The week was marked by the bitcoin rally, some Reddit bets and uptrend in some cyclical sectors. Below we highlight a few winning ETFs
With the dynamic ability to capture upside or to mute the effects of a downturn, active management is all the rage in the ETF world. Here are three actively managed iShares funds to consider. iShares Evolved U.S. Media and Entertainment ETF (IEME): seeks to provide access to U.S. companies with media and entertainment exposure, as [...] Read more at ETFtrends.com.
Walmart WMT is set to release fourth-quarter fiscal 2020 results on Feb 18, before market opens. Being a mega retailer, it is worth taking a look at the company’s fundamentals ahead of its results.The stock has dropped 5.2% over the past three months, underperforming the indust
Widely regarded as ‘the father of modern finance’, Eugene Fama’s work is highly regarded in the capital markets. His work is also the basis for Canadian firm SmartBe Wealth’s four new ETFs. Fama’s work in portfolio theory, asset pricing, and efficient markets eventually earned him the Nobel Memorial Prize in Economic Sciences jointly with Robert [...] Read more at ETFtrends.com.
The iShares ESG MSCI USA Leaders ETF is seeing unusually high volume in afternoon trading Tuesday, with over 515,000 shares traded versus three month average volume of about 73,000. Shares of SUSL were up about 0.3% on the day.