By Michael Paciotti, CFA “Most traders are picking pennies in front of a steamroller, exposing themselves to the high-impact rare event yet sleeping like babies, unaware of it.” – N.N. Taleb [1] There is a meme circulating social media from the movie Back to the Future where Doc, exiting the DeLorean proclaims, “Marty, whatever you [...] Read more at ETFtrends.com.
Philip Morris International Inc. PM reported fourth-quarter 2020 results on Feb 4, before market open. Earnings and revenues topped estimates but the top line declined year over year. Accordingly, since the earnings release, Philip Morris’ shares have gained about 5%.
Traditional energy was the worst-performing group in the S&P 500 last year. Renewable energy equities soared in the meantime. But the Alerian Energy Infrastructure ETF (ENFR) is proving investors shouldn’t be quick to ignore traditional energy fare. The ALPS ETF tracks the Alerian Midstream Energy Select Index (CME: AMEI). ENFR acts as a type of hybrid energy [...] Read more at ETFtrends.com.
The MSCI Emerging Markets Index is up nearly 9% to start 2021, and with that strong performance come questions from clients about revisiting developing economies. Advisors can meet that demand with model portfolios, including the Emerging Markets Multi-Factor Portfolio. “This model portfolio is designed for investors with a long-term horizon looking for exposure to a [...] Read more at ETFtrends.com.
Cancer therapies and treatments are among the biggest markets in the broader biotechnology sector, and genomics is one of the preferred avenues for that exposure. Enter the ARK Genomic Revolution Multi-Sector Fund (CBOE: ARKG). Cancer screening is among the many rapidly evolving genomics frontiers that ARKG provides exposure to. There’s massive profit potential in cancer [...] Read more at ETFtrends.com.
Interest rates reside near historic lows, but short-term fixed income instruments still play roles in balanced bond portfolios. The FlexShares Ready Access Variable Income Fund (RAVI) offers that balance with a steady income stream. RAVI primarily invests in investment-grade debt securities with a heavy tilt toward U.S. corporate bonds. According to the fund prospectus, the [...] Read more at ETFtrends.com.
Gold is one of the assets Bitcoin is most frequently compared with, and the latter’s most recent ascent to an all-time high could be a spark for the precious metal. If correlations between the two assets tighten, the Sprott Gold Miners ETF (NYSEArca: SGDM) will benefit. SGDM tracks the Solactive Gold Miners Custom Factors Index [...] Read more at ETFtrends.com.
Global investors boosted purchases of India equities after the government started easing restrictions and vaccines started being rolled out. This made India's stock market the seventh biggest in the world as total market capitalization jumped to $2.7 trillion. Foreign investors h
Some market observers still see plenty of fire in the small cap rally, particularly with growth fare, a scenario that bodes well for exchange traded funds such as the ERShares NextGen Entrepreneurs ETF (ERSX). ERSX selects the most entrepreneurial, primarily Non-US Small Cap companies, that meet the thresholds embedded in its proprietary Entrepreneur Factor (EF). [...] Read more at ETFtrends.com.
Stocks and index ETFs are pulling back on Tuesday, with the S&P 500 retracting from a fresh high as investors may be booking profits after a strong run-up. The Dow Jones Industrial Average and the S&P 500 each dipped about 0.2%, slipping for the first time in a week. The Nasdaq Composite held its ground [...] Read more at ETFtrends.com.
The Vanguard Communication Services ETF is seeing unusually high volume in afternoon trading Tuesday, with over 717,000 shares traded versus three month average volume of about 131,000. Shares of VOX were up about 0.4% on the day.
Amid dramatic shifts in the retail landscape, there’s an increasing need for warehouses for use by e-commerce companies. The Pacer Benchmark Industrial Real Estate SCTR ETF (NYSEArca: INDS) is an exchange traded fund dedicated to that theme. INDS offers investors exposure to US companies that generate the majority of their revenue from industrial REITs that [...] Read more at ETFtrends.com.
With a big assist from the famed ARK Invest stable, actively managed exchange traded funds are having a moment, adding assets at a brisk pace. On the back of strong inflows to start 2021, active ETFs now have a combined $200 billion in assets under management. “That’s how much active ETFs currently manage after taking [...] Read more at ETFtrends.com.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI USA Quality Factor ETF, where 6,000,000 units were destroyed, or a 3.4% decrease week over week. Among the largest underlying
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 Ultra VIX Short-Term Futures ETF, which added 31,750,000 units, or a 20.6% increase week over week.
Amid expectations of a global economic recovery, emerging markets assets are rebounding and more investors are getting in on the action. They can join the party in environmental, social, and governance (ESG) fashion with the Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF (EMSG). EMSG seeks investment results that correspond generally to the performance, before [...] 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 iShares U.S. Aerospace & Defense ETF (Symbol: ITA) where we have detected an approximate $68.2 million dollar outflow -- that's a 2.4% decrease
In recent trading, shares of NuStar Energy LP (Symbol: NS) have crossed above the average analyst 12-month target price of $16.11, changing hands for $16.19/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
In recent trading, shares of Southwest Airlines Co (Symbol: LUV) have crossed above the average analyst 12-month target price of $51.22, changing hands for $52.24/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on