Emerging market investors took notice this week when market dislocations on Monday revolving around Chinese companies caused sudden concern. The moves were due to a WisdomTree rebalance of its ex-state-owned-enterprise funds with exposure to China that resulted in the company dropping Tencent, Baidu, and Weibo from its ex-SOE indexes. The two funds that rebalanced at [...] Read more at ETFtrends.com.
First Trust Advisors has launched a new exchange traded fund, the First Trust Indxx Aerospace & Defense ETF (NYSE Arca: MISL). According to the asset manager, the fund seeks investment results that correspond generally to the price and yield, before the fund’s fees and expenses, of the Indxx US Aerospace & Defense Index. MISL provides exposure [...] Read more at ETFtrends.com.
The effects of the global health crisis remain tangible today. On the more positive side of the ledger, the COVID-19 pandemic dramatically altered the healthcare landscape and did so with long-ranging implications for investors. Not all healthcare exchange traded funds are up to the task of meeting the sector’s new, modern complexion, but the Goldman [...] Read more at ETFtrends.com.
In trading on Wednesday, the Invesco China Technology ETF is outperforming other ETFs, up about 7.1% on the day. Components of that ETF showing particular strength include shares of Pinduoduo, up about 11.3% and shares of Joyy, up about 11.1% on the day.
It’s been a lousy year for growth stocks with the technology sector ranking as one of the most egregious offenders, but after more than nine months of struggles by the once-beloved group, some investors are revisiting tech stocks. That could be positive news for an assortment of exchange traded funds, including the Invesco QQQ Trust [...] 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 DIREXION DAILY 20-YR TREASURY BULL 3X Shares, which added 11,100,000 units, or a 23.6% increase week over week.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares TIPS Bond ETF, where 9,200,000 units were destroyed, or a 3.7% decrease week over week.
In trading on Wednesday, shares of the Vanguard Health Care ETF (Symbol: VHT) crossed above their 200 day moving average of $240.79, changing hands as high as $241.94 per share. Vanguard Health Care shares are currently trading up about 1.6% on the day. The chart below shows
On a standalone basis, wide moat investing can be rewarding over the long term. The same is true of environmental, social, and governance (ESG) investing. Thanks to the VanEck Morningstar ESG Moat ETF (CBOE: MOTE), market participants can combine those two concepts under the umbrella of a single exchange traded fund. With plenty of wide [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the SPDR S&P Biotech ETF (Symbol: XBI) crossed above their 200 day moving average of $82.94, changing hands as high as $82.97 per share. SPDR S&P Biotech shares are currently trading up about 2.8% on the day. The chart below shows th
Down about 20% for the year, the S&P 500 is having an optimistic October, rising about 4% the past month to give bullish traders hope that the market could turn around before year’s end. This runs counter to what is typically a notoriously bearish month for the markets. More inflation fears and rate increases pushed [...] Read more at ETFtrends.com.
Chinese stocks and the related exchange traded funds plunged on Monday as it became apparent that President Xi Jinping — fresh off approval for an unprecedented third term — is consolidating power. Market participants made their displeasure with Xi’s move known, pummeling Chinese equities across a variety of sectors, pinching ETFs such as the Franklin [...] 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 iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $1.6 billion dollar inflow -- that's a 0.5% 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 JPST ETF (Symbol: JPST) where we have detected an approximate $268.1 million dollar inflow -- that's a 1.2% 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 SPDR Bloomberg High Yield Bond ETF (Symbol: JNK) where we have detected an approximate $359.2 million dollar inflow -- that's a 6.5% increase week o
In trading on Wednesday, shares of the FHLC ETF (Symbol: FHLC) crossed above their 200 day moving average of $62.03, changing hands as high as $62.34 per share. FHLC shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of FHLC
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 Value ETF (Symbol: IWN) where we have detected an approximate $70.3 million dollar outflow -- that's a 0.6% decrease week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio Intermediate Term Corporate Bond ETF (Symbol: SPIB) where we have detected an approximate $155.3 million dollar inflow -- that's a 2.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Brazil ETF (Symbol: EWZ) where we have detected an approximate $226.4 million dollar inflow -- that's a 4.3% 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 iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) where we have detected an approximate $340.4 million dollar inflow -- that's a 0.4% increase week