By Cinthia Murphy This has been a great year for portfolio diversifiers that in ETF land populate what’s known as the alternatives category. Highly correlated markets have made it challenging to find much of a diversification punch among traditional assets, but alternatives ETFs are reminding us that diversification is out there if you are willing [...] Read more at ETFtrends.com.
As traders readjust for a more bearish outlook in the wake of the Federal Reserve’s hawkish stance, exchange traded fund investors could turn to inverse or short alternative strategies to hedge further market risks. For instance, traders funneled $154.4 million into the ProShares Short S&P500 (SH), which takes a simple inverse or -100% daily performance [...] Read more at ETFtrends.com.
International currency moves will impact investors’ foreign equity allocations, but investors can turn to currency-hedged exchange traded fund strategies to mitigate the foreign exchange risks and provide a purer play on the underlying overseas markets. In the upcoming webcast, A Strategy to Thrive in a Strong U.S. Dollar Environment, Jason Chen, senior research analyst at [...] Read more at ETFtrends.com.
Zoom reported second-quarter earnings last week, which beat consensus expectations for eps but missed on revenues, sending shares of the video-telephony software company down 16%. Revenue grew 8% on a year-over-year basis, slowing down in response to churn in non-enterprise online customers as small businesses reacted to the recessionary environment by slashing budgets. ARK [...] Read more at ETFtrends.com.
Cleveland Federal Reserve President Loretta Mester, a voting member of the Federal Open Market Committee that votes on interest rate policy, said in a speech Wednesday that she anticipates benchmark fed funds rates will need to be greater than 4% with zero rate cuts through 2023 minimum. It’s an aggressively hawkish stance compared to current [...] Read more at ETFtrends.com.
The iShares U.S. Healthcare ETF is seeing unusually high volume in afternoon trading Wednesday, with over 375,000 shares traded versus three month average volume of about 64,000. Shares of IYH were down about 0.1% on the day.
In trading on Wednesday, the Invesco China Technology ETF is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Weibo, up about 6.5% and shares of Autohome, up about 4.8% on the day.
In trading on Wednesday, shares of the PDBC ETF (Symbol: PDBC) crossed below their 200 day moving average of $17.51, changing hands as low as $17.42 per share. PDBC shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of PDBC
Exchange traded funds are touted for their tax efficiency, and while they are more tax efficient than, say, a mutual fund, they can still incur taxes on their distributions. Come tax season, many ETF investors learn the hard way that not all distributions are created equal and come to appreciate the importance of understanding the [...] 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 Silver Trust (Symbol: SLV) where we have detected an approximate $217.9 million dollar outflow -- that's a 2.5% decrease week over week (fro
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $176.7 million dollar outflow -- that's a 0.3% decrease week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the KWEB ETF (Symbol: KWEB) where we have detected an approximate $152.8 million dollar outflow -- that's a 2.3% decrease week over week (from 228,500,0
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 Global Natural Resources ETF (Symbol: GNR) where we have detected an approximate $113.8 million dollar outflow -- that's a 3.2% decreas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the HYLB ETF (Symbol: HYLB) where we have detected an approximate $209.4 million dollar outflow -- that's a 5.2% decrease week over week (from 117,487,5
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Materials Select Sector SPDR Fund (Symbol: XLB) where we have detected an approximate $87.8 million dollar outflow -- that's a 1.5% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Semiconductor ETF (Symbol: SOXX) where we have detected an approximate $112.1 million dollar outflow -- that's a 1.7% decrease week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Short S&P500 (Symbol: SH) where we have detected an approximate $253.1 million dollar inflow -- that's a 9.0% 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 ARK Innovation ETF (Symbol: ARKK) where we have detected an approximate $92.2 million dollar inflow -- that's a 1.1% increase week over week in outs
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the DIREXION SMALL CAP BULL 3X SHARES (Symbol: TNA) where we have detected an approximate $73.5 million dollar inflow -- that's a 7.1% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core High Dividend ETF (Symbol: HDV) where we have detected an approximate $86.4 million dollar inflow -- that's a 0.7% increase week over w