In trading on Thursday, the Oil Services ETF (OIH) is outperforming other ETFs, up about 3.9% on the day. Components of that ETF showing particular strength include shares of Core Laboratories (CLB), up about 6.3% and shares of Tenaris (TS), up about 5.6% on the day.
In trading on Thursday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) entered into oversold territory, changing hands as low as $99.18 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical anal
In trading on Thursday, shares of the iShares ESG Aware U.S. Aggregate Bond ETF (Symbol: EAGG) entered into oversold territory, changing hands as low as $45.37 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indi
In trading on Thursday, shares of the SPDR Portfolio Short Term Corporate Bond ETF (Symbol: SPSB) entered into oversold territory, changing hands as low as $28.95 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis i
Investors who forego mid-caps are truly missing out. From 1989-2019, mid-caps exhibited better returns than both their small and large-cap counterparts. What’s more, they delivered this out-performance with a better risk/return profile than small and large cap stocks.
The yield curve plays a fundamental role in investing, and the new U.S. Benchmark Series suite of U.S. Treasury exchange-traded funds (ETFs) employ a first-of-its-kind approach, enabling investors to invest in points along the yield curve with the ease of buying an ETF.
By Cinthia Murphy We’ve all heard that if you want access to something – anything – there’s probably an ETF for that. The go-anywhere nature of the exchange-traded fund also means that there’s a growing number of anti-that ETFs. These funds can be great headline makers, for obvious reasons. What’s not to like about a [...] Read more at ETFtrends.com.
Investors seeking yield-generating opportunities should also consider the benefits of preferred securities and a targeted preferred income exchange traded fund strategy. In the upcoming webcast, Seeking stable cash flow in today’s market, Rick Baker, managing director of the Client Portfolio Management Team at Manulife Investment Management, explained that preferred securities are a class of stock [...] Read more at ETFtrends.com.
Despite the crowing against environmental, social, and governance investing from some opportunistic politicians, ESG investing is gaining in popularity among investors. A new study by PwC shows that nearly 9 in 10 institutional investors (88%) believe asset managers should be more proactive in developing new ESG investment products. “ESG has become perhaps the most powerful [...] Read more at ETFtrends.com.
Many investors use the Invesco S&P 500 Equal Weight ETF (RSP) as the core equity holding in their portfolios. RSP is based on the S&P 500 Equal Weight Index, which comprises all the constituents in the S&P 500 that are equally weighted at each quarterly rebalance. The equal weighting methodology introduces several factor tilts to [...] Read more at ETFtrends.com.
VettaFi financial futurist Dave Nadig appeared on Yahoo Finance to discuss so-called “anti-woke” funds. Many of these funds have focused on being anti-ESG by adding exposure to the oil industry and sectors that tend to have more negative environmental impacts. Funds like the newly launched God Bless America ETF (YALL) have managed to get attention, [...] Read more at ETFtrends.com.
Targa Resources Corp (TRGP) joined the S&P 500 prior to the opening of trading on Wednesday. The Houston, TX-headquartered midstream energy infrastructure corporation moved up from the S&P MidCap 400 to replace Nielsen Holdings plc (NLSN). Nielsen was acquired by a group of private-equity investors led by Elliot Management Corp and Brookfield Asset Management in [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the SPDR ICE Preferred Securities ETF (Symbol: PSK) entered into oversold territory, changing hands as low as $33.44 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator us
U.S. suppliers upped their prices last month after reducing them the previous two months. The Producer Price Index, which gauges the prices that suppliers charge businesses, increased 0.4% in September, the U.S. Bureau of Labor Statistics reported Wednesday. On an unadjusted basis, the index for final demand advanced by 8.5% for the 12 months ended in [...] Read more at ETFtrends.com.
In trading on Wednesday, the First Trust Nasdaq Oil & Gas ETF is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of PBF Energy, up about 8.9% and shares of Valero Energy, up about 5.2% on the day.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Gold Trust (Symbol: IAU) where we have detected an approximate $117.0 million dollar outflow -- that's a 0.5% 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 The Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $114.6 million dollar outflow -- that's a 0.7% decrease we
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 Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $259.5 million dollar outflow -- that's a 0.5% 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 SPDR S&P North American Natural Resources ETF (Symbol: NANR) where we have detected an approximate $87.9 million dollar outflow -- that's a 13.7