An election week alone is giving the capital markets enough to handle, but in the background is is data signaling how the economy is holding up during the pandemic. With all the uncertainty abound, gold is ticking higher as the service sector lags according to the latest data. “Gold edged up slightly as momentum in [...] Read more at ETFtrends.com.
Investors looking for overseas opportunities in emerging markets have to tread lightly given the COVID-19 pandemic, particularly in Latin America. Nonetheless, ETF investors looking to place their bets on Brazil can do so with small-caps as its economy continues to recover. “Brazilian manufacturing expanded at a record pace in October, a survey of purchasing managers’ [...] Read more at ETFtrends.com.
Amidst everything going on, Gold has continued to be a reliable area for investors. Based on new data from the World Gold Council, Gold-backed ETFs continued their run of inflows with October, marking the 11th consecutive month of net inflows, though at a significantly slower pace and the lowest monthly increase of 2020. With that in [...] Read more at ETFtrends.com.
As the market continues to roar back in an election week, ETF investors can’t forget about getting small-cap exposure. Now, investors can get even more discerning with small caps by implementing a value factor screen via a new iShares ETF from BlackRock. “BlackRock has launched the iShares Factors US Small Cap Value ETF (SVAL, with a [...] Read more at ETFtrends.com.
The Vanguard S&P 500 Value ETF is seeing unusually high volume in afternoon trading Thursday, with over 263,000 shares traded versus three month average volume of about 63,000. Shares of VOOV were up about 1.7% on the day.
In trading on Thursday, the Invesco Solar ETF is outperforming other ETFs, up about 10.9% on the day. Components of that ETF showing particular strength include shares of Jinkosolar Holding, up about 25.9% and shares of Sunpower, up about 17.2% on the day.
The healthcare sector’s Q3 results seem robust given that it is the best sector from a revenue growth look and the third-strongest in terms of earnings growth. Total earnings of 58.6% for the healthcare market capitalization that has reported so far are up 8% on revenue growth
Cloud computing is one of the sub-sectors in technology that should continue to thrive as a heavy reliance on tech continues amid the pandemic. When you throw artificial intelligence (AI) into the mix, the cloud computing space becomes even more of a disruptive force. “As far as cloud goes, AI is a key enabler of [...] Read more at ETFtrends.com.
As of Thursday morning, results in the U.S. presidential election are still up in the air, though things appear to be trending Democratic nominee Joe Biden’s way. Yet, the blue wave didn’t materialize as Democrats hoped, with only modest Senate gains and several lost House seats, indicating political gridlock could be a prominent theme in [...] Read more at ETFtrends.com.
Amid the growth in environmental, social and governance (ESG) investments, more advisors and market participants are clamoring for fixed income ESG solutions. Exchange traded funds are rising to meet that demand. Fortunately, not all ESG bond ETFs require investors to accept less income. Consider the Nuveen ESG High Yield Corporate Bond ETF (NUHY), an ETF [...] Read more at ETFtrends.com.
Historically, biotechnology stocks and exchange traded funds thrive when elections are completed. And while the winner of the presidential race isn’t crystal clear, the ALPS Medical Breakthroughs ETF (SBIO) notched a strong performance in the first trading day following Election Day. SBIO’s underlying index, the Poliwogg Medical Breakthroughs Index is comprised of small- and mid-cap stocks [...] Read more at ETFtrends.com.
Among industry exchange traded funds, the VanEck Vectors Video Gaming and eSports ETF (NASDAQ: ESPO) is turning into a household name, and rightfully so. Yet the fund is backed by more than just sales of game software. ESPO seeks to track the performance of the MVIS Global Video Gaming and eSports Index (MVESPO). The index [...] 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 SPDR— Dow Jones— Industrial Average ETF Trust (Symbol: DIA) where we have detected an approximate $111.4 million dollar inflow -- that's
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 $113.4 million dollar inflow -- that's a 2.1% increase
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the The Financial Select Sector SPDR Fund, where 15,700,000 units were destroyed, or a 2.1% decrease week over week. Among the largest underly
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Gold Trust, which added 15,200,000 units, or a 0.9% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Discretionary Select Sector SPDR— Fund (Symbol: XLY) where we have detected an approximate $75.1 million dollar outflow -- that's
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco National AMT-Free Municipal Bond ETF (Symbol: PZA) where we have detected an approximate $205.0 million dollar outflow -- that's a 8.7% decr
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 $2.9 billion dollar outflow -- that's a 2.0% decrease week over week (from 486,300,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHD ETF (Symbol: SCHD) where we have detected an approximate $117.0 million dollar inflow -- that's a 0.9% increase week over week in outstanding u