The Dow Jones Industrial Average may be the most well-known index in the U.S. Yes, even more than the S&P 500. Developed by Charles Henry Dow, the Dow (as it’s now often referred to) just contained 12 companies when it first began in 1896. Now, the index consists of 30 of the best blue-chip stocks [...] Read more at ETFtrends.com.
More companies are committing to a climate pledge but Brad Smith, president of Microsoft, believes that most don’t have the capability or capacity currently to meet those pledges, reported CNBC. Microsoft estimates that there are currently 3,470 companies globally that have created some sort of climate plan that focuses on reducing emissions to meet 2050 [...] Read more at ETFtrends.com.
The iShares ESG MSCI USA Leaders ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.5 million shares traded versus three month average volume of about 109,000. Shares of SUSL were up about 0.2% on the day.
On Monday, VettaFi wrote that equal weight sector ETFs were better positioned to hold steady if Big Tech companies were to report disappointing third-quarter earnings. So far, they have. An equal weight approach is particularly impactful for indexes comprising Big Tech companies, as they tend to dominate market cap-weighted indexes and have an outsized impact. [...] Read more at ETFtrends.com.
By Doug Sandler, CFA, Head of Global Strategy SUMMARY In a Bear Market: Defense matters – We have lowered stock weightings. Position sizing matters – Due to the greater volatility. Yield matters – Hence our preference for ‘PATTY’ themes. Here’s how this Reality has Played out in our Balanced Portfolios for Bear Markets The Major [...] Read more at ETFtrends.com.
Capital Group launched three active bond exchange traded funds on the New York Stock Exchange today. The three new strategies are: The Capital Group Short Duration Income ETF (NYSE Arca: CGSD), a short-duration income fund that pursues high-quality income with low interest rate sensitivity. The Capital Group Municipal Income ETF (NYSE Arca: CGMU), a core [...] Read more at ETFtrends.com.
Politics is about what should be. Investing is about what is. It has always been important to separate one’s political views from one’s investment portfolio. Politicians’ goals typically attempt to support some vision of a better society. Investors’ goals are to maximize returns. These two goals can sometimes go hand-in-hand, but they often do not. [...] Read more at ETFtrends.com.
Summary The US Strategic Petroleum Reserve (SPR) was founded in the wake of the 1973-74 oil embargo to help insulate the US from the impact of a severe oil supply interruption. This year, the Biden Administration announced the largest drawdown in SPR history as Russia’s invasion of Ukraine and related supply concerns drove a spike [...] Read more at ETFtrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares U.S. Technology ETF, which added 21,250,000 units, or a 25.9% increase week over week. Among the largest underlying components of IYW, in
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES, where 18,900,000 units were destroyed, or a 4.6% decrease 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 iShares Global Tech ETF (Symbol: IXN) where we have detected an approximate $73.9 million dollar outflow -- that's a 2.6% decrease week over week (f
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Fallen Angel High Yield Bond ETF (Symbol: ANGL) where we have detected an approximate $78.4 million dollar outflow -- that's a 2.7% decrease week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the AVEM ETF (Symbol: AVEM) where we have detected an approximate $146.9 million dollar inflow -- that's a 10.8% increase week over week in outstanding
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHO ETF (Symbol: SCHO) where we have detected an approximate $130.0 million dollar outflow -- that's a 1.3% decrease week over week (from 211,700,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Value Factor ETF (Symbol: VLUE) where we have detected an approximate $77.4 million dollar outflow -- that's a 1.0% decrease week o
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 $123.4 million dollar inflow -- that's a 2.5% 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 SPDR S&P 500 ETF Trust (Symbol: SPY) where we have detected an approximate $4 inflow -- that's a 1.1% increase week over week in outstanding uni
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Innovation ETF (Symbol: ARKK) where we have detected an approximate $90.9 million dollar outflow -- that's a 1.2% decrease week over week (from
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the WisdomTree Japan Hedged Equity Fund (Symbol: DXJ) where we have detected an approximate $77.2 million dollar outflow -- that's a 3.9% decrease week