The IPO market remains super solid this year. There have been 184 IPOs priced this year, up 23.5% from last year, per renaissancecapital. Total proceeds raised were $63.7 billion this year, up 47.2% from last year. About 224 IPOs were filed this year, marking an increase of 17.
The iShares U.S. Infrastructure ETF is seeing unusually high volume in afternoon trading Friday, with over 82,000 shares traded versus three month average volume of about 35,000. Shares of IFRA were up about 1.9% on the day.
In trading on Friday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 3.7% on the day. Components of that ETF showing particular strength include shares of PBF Energy, up about 8.8% and shares of Par Pacific H
China has come a long way since being the epicenter of the coronavirus from late 2019 to early 2020. With a China-friendly Joe Biden administration imminent and a vaccine on the way, more V-shaped recovery action could be on the way, which should help ETFs like the Xtrackers MSCI All China Equity ETF (CN). CN [...] Read more at ETFtrends.com.
There are mounting signs that after a rough patch in the first half of 2020, dividend stocks are on the mend. Investors looking for best of breed payout stocks should prioritize balance sheet strength and quality, boxes checked by the FlexShares Quality Dividend Index Fund (NYSEArca: QDF). QDF’s underlying benchmark targets management efficiency or quantitative [...] Read more at ETFtrends.com.
The Defiance Nasdaq Junior Biotechnology ETF (IBBJ) is just a few months in, but it’s already asserting itself in the biotechnology exchange traded funds arena, one teeming with competition. IBBJ tracks the Nasdaq Junior Biotechnology Index (NBIJR), which is home to nearly 180 stocks. The benchmark caps components’ market value at $5 billion at the [...] Read more at ETFtrends.com.
By K. Sean Clark, CFA, EVP, Chief Investment Officer Clark Capital’s Economic Gauges Clark Capital’s Bottom-Up, Fundamental Strategies The global markets corrected again in October, peaking mid-month, and then pulling back, as a steady rise in COVID cases prompted several European countries including Germany, France, and England to institute a new round of social and [...] Read more at ETFtrends.com.
Up 18.40% year-to-date, the 3D Printing ETF (CBOE: PRNT) isn’t in need of upside catalysts, but it may be getting one thanks to a new 3D printing stock coming to market. Passively managed PRNT offers leverage to that department as its benchmark “is composed of equity securities and depositary receipts of exchange-listed companies from the [...] 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 S&P 500 Value ETF (Symbol: IVE) where we have detected an approximate $247.3 million dollar inflow -- that's a 1.5% increase week over w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the USO ETF (Symbol: USO) where we have detected an approximate $103.2 million dollar outflow -- that's a 2.7% decrease week over week (from 131,523,603
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Short Treasury Bond ETF (Symbol: SHV) where we have detected an approximate $210.3 million dollar outflow -- that's a 1.1% decrease week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500— Equal Weight ETF (Symbol: RSP) where we have detected an approximate $178.5 million dollar inflow -- that's a 1.2% increa
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Expanded Tech-Software Sector ETF (Symbol: IGV) where we have detected an approximate $175.7 million dollar outflow -- that's a 3.3% decreas
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares ProShares UltraPro QQQ, where 5,400,000 units were destroyed, or a 7.9% decrease week over week. Among the largest underlying co
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Global Clean Energy ETF, which added 11,000,000 units, or a 10.9% increase week over week. Among the largest underlying components of ICL
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Preferred and Income Securities ETF (Symbol: PFF) where we have detected an approximate $180.2 million dollar inflow -- that's a 1.0% increa
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Bloomberg Barclays High Yield Bond ETF (Symbol: JNK) where we have detected an approximate $1.1 billion dollar inflow -- that's a 8.8% i
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $281.0 million dollar inflow -- that's a 0.5% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $1.4 billion dollar inflow -- that's a 1.0% increase week over week in outstanding u
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 Value ETF (Symbol: IWN) where we have detected an approximate $321.2 million dollar inflow -- that's a 3.5% increase week over