Nasdaq ETFs

In trading on Wednesday, shares of the Invesco FTSE RAFI US 1000 ETF (Symbol: PRF) crossed above their 200 day moving average of $155.92, changing hands as high as $156.22 per share. Invesco FTSE RAFI US 1000 shares are currently trading up about 1.3% on the day. The chart be

Hospitality companies are among the biggest gainers during the broad market rally on Wednesday. The Invesco Dynamic Leisure & Entertainment ETF (PEJ) is up over 2.1% on Wednesday, lifted by hospitality names including United Airlines Holdings Inc (UAL), up 6.1%, and Alaska Air Group Inc (ALK), up 5.7%.  Stocks broadly were higher on Wednesday after President [...] Read more at ETFtrends.com.

abrdn’s director of investment strategy Robert Minter said the firm’s clients are seeking “exposure to the energy transition that’s coming.” Minter told NYSE’s Judy Shaw that abrdn’s clients not only want “to get the theme correct, but also to get the implementation correct.” However, he noted that “a number of mistakes have been made” when [...] Read more at ETFtrends.com.

The iShares MSCI Global Min Vol Factor ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.3 million shares traded versus three month average volume of about 189,000. Shares of ACWV were up about 0.1% on the day.

In trading on Wednesday, the SPDR S&P Regional Banking ETF is outperforming other ETFs, up about 7.3% on the day. Components of that ETF showing particular strength include shares of Pacwest Bancorp, up about 21.3% and shares of Western Alliance, up about 14.9% on the day.

By John A. Forlines, III Chief Investment Officer A few weeks ago we shared our thoughts on the SVB collapse and the regional bank crisis. As we enter the fourth week of this crisis, we can begin to draw more conclusions. First, banks do not seem to have the same balance sheet problems as in 2008. [...] Read more at ETFtrends.com.

ETFGI reported today that ETFs industry in the United States gathered net inflows of US$29.14 billion during April.

Tencent, one of China’s tech and entertainment giants, announced noteworthy revenue gains in its earnings report. The rebound is reflective of China’s ongoing economic recovery, which the KraneShares CSI China Internet ETF (KWEB) is positioned to capture. In the earnings release on Wednesday, Tencent’s revenue rose 11% for the quarter, reported CNBC. It’s the fastest [...] Read more at ETFtrends.com.

By John A. Forlines, III Chief Investment Officer Don’t Fight the Tape. Animal spirits are alive and well as financial conditions have eased considerably the past few months – lower dollar, lower yields, lower volatility. Add reduced inflationary pressure and a more dovish Federal Reserve — that equals a significant rally in global equities. Major [...] Read more at ETFtrends.com.

Editor’s note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods. If you don’t have the resources, time or inclination to constantly monitor and [...] Read more at ETFtrends.com.

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 33,100,000 units were destroyed, or a 3.5% 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 SPDR S&P 500 ETF Trust, which added 12,350,000 units, or a 1.4% increase week over week. Among the largest underlying components of SPY, in m

A look at the weighted underlying holdings of the First Trust Mid Cap Value AlphaDEX Fund (FNK) shows an impressive 10.7% of holdings on a weighted basis have experienced insider buying within the past six months. NRG Energy Inc (Symbol: NRG), which makes up 0.60% of the First

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the MINT ETF (Symbol: MINT) where we have detected an approximate $187.8 million dollar inflow -- that's a 2.2% 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 MSCI Emerging Markets ex China ETF (Symbol: EMXC) where we have detected an approximate $124 inflow -- that's a 3.3% 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 Invesco NASDAQ 100 ETF (Symbol: QQQM) where we have detected an approximate $129.2 million dollar inflow -- that's a 1.4% increase week over week in

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $176.5 million dollar inflow -- that's a 2.4% increase week over week in outst

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 3-7 Year Treasury Bond ETF (Symbol: IEI) where we have detected an approximate $188.8 million dollar inflow -- that's a 1.5% increase week o

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the WisdomTree Floating Rate Treasury Fund (Symbol: USFR) where we have detected an approximate $204.7 million dollar inflow -- that's a 1.3% increase w

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 ETF (Symbol: IWM) where we have detected an approximate $198.1 million dollar outflow -- that's a 0.4% decrease week over week