By Ryan Krystopowicz, CFA, WisdomTree Model portfolios have created quite a buzz. As the fastest-growing component of the intermediary-sold product landscape, model assets are expected to exceed $5 trillion by 2023 (double that of 2018 AUM).[1] Asset managers have noticed. Morningstar reports that more than 600 third-party models were activated on their platform over the last [...] Read more at ETFtrends.com.
By Stephen McBride The US housing market is booming. Last month, the number of Americans buying new houses spiked to a 14-year high. Home prices are growing at their fastest pace since 1991. And US mortgage lenders just recorded their biggest quarter in two decades. Lenders handed out a staggering $1.1 trillion in home loans [...] Read more at ETFtrends.com.
By Frank Holmes, CEO, U.S. Funds A week after reporting earnings, Delta Air Lines jumped more than 7 percent last Thursday after the carrier announced it would continue to block the middle seat until at least January of next year. This increase helped its share price climb above the 200-day moving average for the first [...] Read more at ETFtrends.com.
“Governing a nation so evenly divided in its partisan preferences will be an enormous challenge,” the dean of the Washington press corps noted.[1] He was not commenting on the disputes of the Trump era, but instead reacting to the apparent divide into “red states” and “blue states” in 2000. Ever since, the prospect of another disputed [...] Read more at ETFtrends.com.
By Stephen McBride We’re just days away from one of the most anticipated elections in history. And I’m afraid millions of investors are going to waste time and money trying to “guess” who’ll win and how it will impact markets. The truth is, smart investors won’t waste a second worrying about which party will win. [...] Read more at ETFtrends.com.
While attempting to capitalize in the most beneficial ways, there are ideals some companies would prefer to hold onto. On Thursday, Ridgeline Research announced the launch of the American Conservative Values ETF (NYSE: ACVF). The fund will focus on large capitalization of U.S. equities. ACVF is the first-ever ETF that will attempt to align investments [...] Read more at ETFtrends.com.
BlackRock’ the world’s largest asset manager, is pushing for the industry to overhaul environmental, social and governance investments and standardize a globally recognized framework to establish criteria for sustainable investing. As more money managers come out with new ESG investment strategies to meet growing demand, a hodgepodge of varying private reporting frameworks and standards on [...] Read more at ETFtrends.com.
The election year and the coronavirus has highlighted the importance of an adaptive health industry that meets up with quickly changing times. Investors can also tap into this evolution in healthcare through targeted exchange traded fund strategies to capture this shifting opportunity. “The 2020 election has illuminated the growth potential within digital health, immunotherapy, and [...] Read more at ETFtrends.com.
A Nigeria country-specific exchange traded fund jumped Friday, with Nigerian markets hitting a 16-month high, as local companies revealed stronger-than-expected corporate earnings that weathered the storm from the coronavirus pandemic. Among the best performing non-leveraged ETFs of Friday, the Global X Nigeria Index ETF (NYSArca: NGE) surged 7.3%. NGE also gained 11.1% over the past [...] Read more at ETFtrends.com.
A social media sector-specific exchange traded fund was among the worst hit areas of the market after Twitter (NasdaqGS: TWTR) announced slower user growth and potentially depressed ad spending ahead. The Global X Social Media ETF (SOCL) declined 5.3% on Friday. Meanwhile, Twitter shares plummeted 20.8% on Friday. TWTR makes up 9.5% of SOCL’s underlying [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds plunged Friday, with technology giants taking the brunt of the blow following their quarterly results and the major benchmarks on pace for their worst week and month since March. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) dropped 3.2%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) decreased [...] Read more at ETFtrends.com.
The floodgates could be opening up for leveraged exchange-traded funds (ETFs), which should be exciting news for big game hunting traders. The U.S. Securities and Exchange Commission recently passed new regulations concerning the use of derivatives in the retail-friendly products, as discussed in a Financial Times article. “The securities regulator, in a 3-2 vote, said [...] Read more at ETFtrends.com.