As more investors crowd into socially responsible investments, some are warning of a potential bubble forming in the environmental, social, and governance exchange traded fund category. ESG-related ETFs attracted a record $85 billion across the U.S. and Europe over 2020, and the funds are still raking it in, Bloomberg reports. As more money flowed into [...] Read more at ETFtrends.com.
The coronavirus pandemic has lent a push to the video gaming industry as people stayed indoors and switched over to in-house entertainment sources. It also seems like the boom in the video gaming space may remain in the post-pandemic era as the outbreak has changed the lifestyle
Financial stocks and sector-related exchange traded funds jumped Thursday as rising bond yields helped strengthen the appeal of bank stocks. Among the better performing non-leveraged ETFs of Thursday, the SPDR S&P Bank ETF (NYSEArca: KBE) increased 3.0%, iShares U.S. Regional Banks ETF (IAT) gained 3.1%, and SPDR S&P Regional Banking ETF (NYSEArca: KRE) rose 3.2%. [...] Read more at ETFtrends.com.
The coronavirus outbreak has dampened the U.S. economic growth with the airline being one of the worst-hit sectors. The virus’ spread resulted in declining air travel with restrictions imposed by the government. Consequently, the aviation stocks’ top lines suffered a materi
U.S. markets and stock exchange traded funds gained Thursday as upbeat fourth quarter results and positive economic data helped maintain the the risk-on momentum. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 1.0%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.9%, and iShares Core S&P 500 ETF (NYSEArca: IVV) gained 0.9%. The [...] Read more at ETFtrends.com.
Investors often hear about the diversification benefits of international equities. What they don’t hear are the advantages of tapping international entrepreneurial companies, an asset class available via the ERShares International Equity ETF (NYSEARCA: 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.
Gold prices remain high by the standards of the past several years, prompting miners to boost output this year. That could be an assist for exchange traded funds such as the Sprott Gold Miners ETF (NYSEArca: SGDM). SGDM tracks the Solactive Gold Miners Custom Factors Index and “emphasizes gold companies with the highest revenue growth [...] Read more at ETFtrends.com.
Google-parent Alphabet GOOGL recently reported fourth-quarter 2020 results, with earnings and revenues topping estimates and increasing on a year-over-year basis. Notably, Alphabet’s share price surged 7.6% in after-hour trading on impressive earnings results on Feb 2.
ETF Trends CEO Tom Lydon discussed the ERShares Non-US Small Cap ETF (ERSX) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. [Note: ERShares announced a name changed for ERSX, as the fund is now the ERShares NextGen Entrepreneurs ETF effective February 5, however, this episode was recorded before said [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon discussed the ERShares Non-US Small Cap ETF (ERSX) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. [Note: ERShares announced a name changed for ERSX, as the fund is now the ERShares NextGen Entrepreneurs ETF effective February 5, however, this episode was recorded before said [...] Read more at ETFtrends.com.
As the excitement around Reddit users driving up silver prices starts to dwindle, investors can once again re-focus on fundamentals. ETF investors specifically can give the iShares Silver Trust (SLV) a closer look. Overall, SLV gives ETF investors: Exposure to the day-to-day movement of the price of silver bullion Convenient, cost-effective access to physical silver [...] Read more at ETFtrends.com.
Silver futures and ETFs are stabilizing Thursday, as volatility continues to plague the industrial metal’s price, following a failed short squeeze by a group of retail investors. Silver prices bounced modestly on Wednesday after the market’s significant tumble Tuesday, where silver futures and ETFs lost roughly 10%. The market is still substantially lower from Monday’s [...] Read more at ETFtrends.com.
By Elisabeth Kashner, CFA [Editor’s Note: The following originally appeared on FactSet.com. Elisabeth Kashner is director of ETF research and analytics for FactSet.] COMPANIES AND MARKETS Despite 2020’s pandemic, civil unrest, and market gyrations, assets flowed into U.S.-domiciled ETFs at record levels. Investors adopted an expansive stance as outsized flows chased outsized performance. ETF investors showed a growing appetite [...] Read more at ETFtrends.com.
A boom in the electric vehicle segments is in the cards. Solid growth momentum in Elon Musk’s Tesla TSLA and its amazing two-year stock performance support the fact. To add further optimism to the EV market, Apple (AAPL) and Hyundai are closing a deal to build an electric car
The energy sector has been rallying the past few months, with the S&P 100 Energy Index up close to 40%. Leverage-hungry traders can keep on riding the rally with ETFs like the Direxion Daily Energy Bull 3X Shares (ERX). ERX seeks daily investment results equal to 200% of the daily performance of the Energy Select Sector [...] Read more at ETFtrends.com.
The Vanguard Russell 2000 ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.3 million shares traded versus three month average volume of about 379,000. Shares of VTWO were up about 2.1% on the day.
Stocks and index ETFs are attempting to gain momentum on Thursday, as investors examine a new collection of corporate earnings and economic data. The Dow Jones Industrial Average gained 0.85%, while the S&P 500 advanced 0.65%. Meanwhile, the Nasdaq Composite climbed 0.67%. Major stock ETFs are rallying on Thursday as well. The SPDR Dow Jones Industrial [...] Read more at ETFtrends.com.
Small caps and the energy sector have been on a dynamite rally the past few months. Mixing both sectors can garner even more explosive gains via the Invesco S&P SmallCap Energy ETF (PSCE). PSCE seeks to track the investment results of the S&P SmallCap 600® Capped Energy Index. The fund generally will invest at least [...] Read more at ETFtrends.com.
2020 was obviously a forgettable year for most countries in terms of gross domestic product (GDP), but countries like Russia are finding out that last year didn’t end as poorly as expected. This adds to the case for single-country Russia ETFs such as the VanEck Vectors Russia ETF (RSX) and the VanEck Vectors Russia Small-Cap ETF [...] Read more at ETFtrends.com.