By Brittany, The Wealth Consulting Group This week in our #WCGImpactSeries we’re providing insight into how the #ESG consideration of fossil fuel free investing can impact your portfolio and the planet. The integration of ESG analytics can provide valuable insight about company practices and the potential benefits or risks associated with those practices. These analytics [...] Read more at ETFtrends.com.
In the nearly six years since Greg Abbott has been governor of Texas, the Lone Star State has been the number one destination for U.S. businesses looking to relocate. That includes California businesses. In 2018 and 2019, as many as 660 California-based companies pulled their stakes up and moved to greener pastures in Texas, where the cost [...] Read more at ETFtrends.com.
This is the first blog post of a three-part series on the effect of COVID-19 on the November 3rd election. With more than 200,000 recorded U.S. COVID-19-related deaths, add in another plot twist: last night we learned that Donald and Melania Trump both contracted it. As if Ruth Bader Ginsburg’s Supreme Court vacancy wasn’t enough [...] Read more at ETFtrends.com.
The coronavirus outbreak continues to be a major concern across the globe, with the situation aggravating in the United States, Europe and India. Unfortunately, the health crisis has already claimed more than a million lives globally. In such a scenario, some industries includin
By Justin Spittler It was one of our most “unluckiest” trades at RiskHedge. We recommended this trade to our premium subscribers on February 19, which was the exact day the US stock market peaked before the “corona crash,” as you can see here: The next morning all hell broke loose. The S&P 500 began a [...] Read more at ETFtrends.com.
By Jan van Eck, CEO, VanEck As you may know, this summer I grew frustrated with what was not being taught in colleges—namely, what I think is necessary historical background for a career in finance. To address this gap, I taught a 16 unit course to our summer interns on the history of finance. We have a [...] Read more at ETFtrends.com.
By Justin Spittler The biggest software IPO is officially in the books. Two weeks ago, in one of the most hyped events of the year, Snowflake (SNOW) went public. Snowflake is a data warehousing company. It helps companies better access and make sense of their data. We’ve been “stalking” Snowflake for over a year. And yet, we [...] Read more at ETFtrends.com.
Looking at the various events of the week that revolve around the approaching general election, the renewed hopes of a new stimulus package, and now the sudden announcement of President Trump testing positive for Covid-19, there is a lot this could mean for an already volatile market. ETF Trends CEO Tom Lydon spoke with Kelly [...] Read more at ETFtrends.com.
The year 2020 has been quite a chaotic one and keeping the Nov 3 elections in mind, it seems like the situation will continue. President Donald Trump and first lady Melania Trump testing positive for coronavirus can escalate tensions among investors. Notably, concerns looming ar
There is growing investment demand for active managers to craft new environmental, social and governance funds. According to Broadridge Financial Solutions‘ new report, growing number of investor want active managers to introduce ESG funds as an investment option. So far, a majority 68% of ESG assets in the U.S> are now in actively managed funds. [...] Read more at ETFtrends.com.
While the markets just experienced their worst September in almost a decade, value exchange traded fund investors fared better than their growth counterparts. Over the past month, the iShares S&P 500 Value ETF (NYSEArca: IVE) declined 2.4%, compared to the 5.1% pullback for the iShares S&P 500 Growth ETF (NYSEArca: IVW) and the 4.0% fall off [...] Read more at ETFtrends.com.
For investors seeking momentum, First Trust NASDAQ Clean Edge Green Energy ETF QCLN is probably a suitable pick. The fund just hit a 52-week high and is up 184.1% from its 52-week low price of $16.14/share.
Once relegated to the sidelines of investors’ attention due to broad overreliance on subsidies and a lack of economic edge vs. traditional energy, clean energy and clean technology are in the midst of a new era of growth and competitiveness. Although wind and solar capacity have been expanding rapidly for over a decade, utilities have [...] Read more at ETFtrends.com.
An Airline sector-related exchange traded fund took flight on Friday after House Speaker Nancy Pelosi promised relief for the beleaguered industry that just saw its financial aid dry up. The U.S. Global Jets ETF (NYSEArca: JETS), the lone ETF dedicated to airline stocks, gained 0.7% on Friday, testing its short-term resistance at the 50-day simple moving [...] Read more at ETFtrends.com.
Energy sector-related exchange traded funds were among the best performers on Friday, despite the steep pullback in crude oil prices after President Donald Trump tested positive for Covid-19 and a rise in global crude output. On Friday, the VanEck Vectors Oil Service ETF (NYSEArca: OIH) gained 3.1% and iShares U.S. Oil Equipment & Services ETF [...] Read more at ETFtrends.com.
One of the hottest themes on Wall Street is the proliferation of special purpose acquisition companies (SPACs) and where there's a hot theme, an exchange traded fund usually isn't far behind.
U.S. markets and stock exchange traded funds declined Friday after President Donald Trump revealed he and the first lady tested positive for the coronavirus, further adding to the political uncertainty just weeks before the election. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) decreased 2.3%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was down [...] Read more at ETFtrends.com.
The S&P 500 posted its best third-quarter gains since 2010 with an advancement of 8.5%, led by the gains in the consumer discretionary sector. Overall, the third quarter of 2020 can be marked by a sturdy stock market rally at the start and then the usual September slowdown.
On Friday, SoFi announced the launch of its newest exchange-traded fund (ETF): the SoFi Weekly Income ETF (NYSE: TGIF), the online personal finance company’s first fixed-income offering and the industry’s first ETF to offer a weekly distribution to fund shareholders.* TGIF is an actively managed fund that seeks to achieve its investment objective by investing in U.S. dollar-denominated [...] Read more at ETFtrends.com.
In an ETF landscape that’s growing every year, providers need to offer products to help differentiate themselves from the masses. For Defiance ETFs, they created a new fund that focuses on special purpose acquisition companies (SPACs), which are also known for their moniker as “blank-check companies.” What makes these SPACs so special? “Blank-check companies have [...] Read more at ETFtrends.com.