Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 7-10 Year Treasury Bond ETF (Symbol: IEF) where we have detected an approximate $189.0 million dollar outflow -- that's a 1.3% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 Growth ETF (Symbol: IWO) where we have detected an approximate $110.2 million dollar outflow -- that's a 0.9% decrease week ove
Environmental, social and governance issues are among the top near-term concerns for financial firms. According to a recent Deloitte poll, financial executive singled out ESG issues as their top risk, followed by cybersecurity and credit matters, Bloomberg reports. Those surveyed included banks, insurers, asset managers, and other financial services providers. “For financial firms, it’s harder [...] Read more at ETFtrends.com.
For investors looking for momentum, First Trust Dow Jones Internet ETF FDN is likely a suitable pick. The fund just hit a 52-week high and is up 116.5% from its 52-week low price of $105/share.
Commodities are the building blocks of our daily lives, and have the potential to serve as an important part of a diversified portfolio. Although commodities, in general, have underperformed over the past decade, current events may portend compelling catalysts for the future of commodity investing. In the upcoming webcast, Commodity Investing: Past, Present, and Future, [...] Read more at ETFtrends.com.
The latest new home sales data looks encouraging. Per the U.S. Census Bureau and the U.S. Department of Housing and Urban Development data, new home sales rose 1.6% in December to a seasonally-adjusted annual rate of 842,000 units. This compares favorably with November’s sales
U.S. markets and stock exchange traded funds tapered off toward the end of Wednesday’s trading, after sharp gains from companies like Alphabet. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 0.3%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.2%, and iShares Core S&P 500 ETF (NYSEArca: IVV) gained 0.2%. Google’s Alphabet shares [...] Read more at ETFtrends.com.
The U.S. dollar continues to confound investors with its bullish tone in the face of record-low interest rates. This is requiring European equities investors to hedge the euro, a strategy available to investors with the Xtrackers MSCI Europe Hedged Equity ETF (DBEU) and Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ). “The performance of the USD Index [...] Read more at ETFtrends.com.
Increasing demand for electric automobiles is opening up opportunities for ETF investors to focus on the sector with funds like the Global X Autonomous & Electric Vehicles ETF (DRIV). DRIV seeks to invest in companies involved in the development of autonomous vehicle technology, electric vehicles (“EVs”), and EV components and materials. This includes companies involved [...] Read more at ETFtrends.com.
Traders looking to stay away from the Reddit frenzy can give transportation a good look. Thanks to an improving economy, funds like the Direxion Daily Transportation Bull 3X Shares (TPOR) are looking strong. “Even though the coronavirus pandemic is still very much around, the gradual re-opening of economies resulted in an uptick in activities,” a Zacks [...] Read more at ETFtrends.com.
Gold prices might be down 1.26%, but the precious metal certainly isn’t out of the running. As 2021 continues, look for an increased demand for gold to provide tailwinds for the VanEck Merk Gold Trust (OUNZ). OUNZ seeks to provide investors with an opportunity to invest in gold through the shares and delivery of physical [...] Read more at ETFtrends.com.
Up about 5% year-to-date and 21% the last few months, the Invesco NASDAQ 100 ETF (QQQM), the miniature version of the popular Invesco QQQ Trust (QQQ), is delivering big gains with help from Amazon, Microsoft, and Apple. The trio of stocks, which comprise about 30% of the fund’s assets, have been knocking their earnings out [...] Read more at ETFtrends.com.
Ground zero for disruptive growth in the healthcare sector is genomics through the ARK Genomic Revolution Multi-Sector Fund (CBOE: ARKG). ARKG holds equity securities of companies across multiple sectors, including health care, information technology, materials, energy, and consumer discretionary, that are relevant to the fund’s genomics theme. The active management team behind the ARKG strategy [...] Read more at ETFtrends.com.
As the cryptocurrency universe evolves, more market observers are warming to the idea of including digital assets as parts of broader investment portfolios. Typically, those conversations center around Bitcoin because that is the largest digital currency and its credibility as a store of value is on the rise. Still, some analysts recommend restrained allocations to [...] Read more at ETFtrends.com.
Stocks and index ETFs are mixed on Wednesday, slipping a bit after a robust two-day drive higher, as investors considered a fresh batch of corporate earnings. The Dow Jones Industrial Average has been flat to lower Wednesday, after failing to breach Tuesday’s high. The S&P 500 is also flat to marginally higher, while the tech-heavy [...] Read more at ETFtrends.com.
The pandemic-led lockdowns have been hurting oil consumption across the world putting huge pressure on oil price and profitability in the energy sector.In particular, earnings from the two U.S. supermajor oil producers, namely Exxon Mobil XOM and Chevron CVX have been mixed. Whil
The Invesco DWA Developed Markets Momentum ETF is seeing unusually high volume in afternoon trading Wednesday, with over 335,000 shares traded versus three month average volume of about 50,000. Shares of PIZ were down about 0.6% on the day.
In trading on Wednesday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Clean Energy Fuels, up about 18.3% and shares of Del
The S&P 500 and the Nasdaq Composite added about 0.5% and 4% past month, respectively, and the Dow Jones lost about 1.3%. However, small caps were still a winner as the Russell 2000 ETF IWM gained 4.8% past month (as of Feb 1, 2021).
Reasons abound to reconsider the old guard 60/40 equity/fixed income portfolio split, not the least of which is a recent rise in Treasury yields. “Since August, Treasury yields have roughly doubled, albeit from an all-time low. During the same period stocks have risen more than 20%. And while a similar dynamic took place in late [...] Read more at ETFtrends.com.