Nasdaq ETFs

In trading on Wednesday, shares of the SPDR S&P Aerospace & Defense ETF (Symbol: XAR) crossed below their 200 day moving average of $113.36, changing hands as low as $112.99 per share. SPDR S&P Aerospace & Defense shares are currently trading off about 1.7% on

 VettaFi Financial Futurist Dave Nadig appeared on Yahoo!Finance to discuss clean energy, meme stocks, and single stock ETFs. With clean energy getting attention following the passage of Biden’s historic climate bill, Nadig noted, “I think it’s fair to say this is good for the planet, but it’s not necessarily good for every part of [...] Read more at ETFtrends.com.

While oil prices have declined in recent weeks, energy stocks and ETFs have remained resilient, posting double-digit gains. WTI oil prices fell 13.0% – from $99.50 to $86.53 – between July 5 and August 16. Meanwhile, during the same period, the total return of the Alerian MLP Infrastructure Index (AMZI) was +18.5% and that of [...] Read more at ETFtrends.com.

Target Corporation (NYSE: TGT) shares retreated, dragging down consumer retail sector-related exchange traded funds, after announcing a plunge in quarterly profits that fell short of even the lowest Wall Street estimates. On Wednesday, the VanEck Vectors Retail ETF (RTH) and the Consumer Discretionary Select Sector SPDR (XLY) both dropped 0.9%. Meanwhile, Target shares were 2.4% lower [...] Read more at ETFtrends.com.

The ALPS REIT Dividend Dogs ETF (RDOG) gained 4.88% last week, outpacing the broader REIT market and the U.S. equities market. RDOG was propelled by a slew of positive earnings for its underlying REITs, as well as positive sentiment around “peak” inflation that may slow the Fed’s tightening cycle, ALPS wrote in a recent insight. [...] Read more at ETFtrends.com.

Markets this year have experienced a significant pivot away from growth stocks, bringing soaring valuations down. WisdomTree’s Christopher Gannatti, CFA and global head of research, dove into the valuations trends within thematic strategies centered around software and discussed the opportunities in cloud computing as well as cyber security in a recent blog post. Software-centric strategies [...] Read more at ETFtrends.com.

The diversification benefits and inherent tilt towards value are two reasons why investors favor equal-weighting over market cap-weighted strategies. An equal-weight strategy, such as the Invesco S&P 500 Equal Weight ETF (RSP) or the Invesco ESG S&P 500 Equal Weight ETF (RSPE), can reduce concentration risk by weighting each constituent company equally so that a [...] Read more at ETFtrends.com.

A biweekly roundup of Sage’s top ESG news picks  By Andrew Poreda, Vice President & Senior Research Analyst Renewable Energy – Wind, Solar, and Storage – Get Big Boost from Inflation Reduction Act What it means: The surprise agreement between Senator Schumer and Senator Manchin on the Inflation Reduction Act will be a big win [...] Read more at ETFtrends.com.

By Robert Smith, President Florida Governor Ron DeSantis, a future GOP presidential contender, recently announced his plan to combat ESG (environmental, social, governance) influence in Florida by placing a “flat ban” on incorporating the globalist ESG platform into the state’s pension system’s investments. In doing so, the Governor stated that “we’re going to make sure [...] Read more at ETFtrends.com.

The markets giveth, then taketh away. Following the Dow’s fifth straight day of gains and the S&P 500 being on track for its fifth positive week, the party came to an end on Wednesday. Stocks fell on Wednesday, with the Dow Jones Industrial Average falling 306 points (or 0.89%), the S&P 500 dropping 1.14%, and [...] Read more at ETFtrends.com.

The last two years have seen increasing disparity between how Mainland China’s markets have performed and onshore investor confidence versus foreign investment, as measured through Hong Kong stocks. The latest in the series of differing sentiments is China’s beleaguered real estate sector, which has rallied in the last two days on reports that several state-owned [...] Read more at ETFtrends.com.

Launching an ETF Can Help Advisers Efficiently Manage Small Accounts by Employing Proprietary Strategies and Customized Allocations Across Their Client Base

China may be one step closer to offering driverless cab rides at half the price, thanks to Baidu. In July, the Chinese tech giant unveiled the sixth generation of its self-driving electric car built for ride-hailing rides, and at a cost nearly 50% below that of a model announced last year. The new EV, the [...] Read more at ETFtrends.com.

The Invesco S&P MidCap Low Volatility ETF is seeing unusually high volume in afternoon trading Wednesday, with over 111,000 shares traded versus three month average volume of about 73,000. Shares of XMLV were down about 1% on the day.

In trading on Wednesday, the The Energy Select Sector SPDR Fund ETF is outperforming other ETFs, up about 0.4% on the day. Components of that ETF showing particular strength include shares of Valero Energy, up about 2.8% and shares of Marathon Petroleum, up about 1.7% on the d

In trading on Wednesday, shares of the IVOL ETF (Symbol: IVOL) entered into oversold territory, changing hands as low as $24.0201 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum

As the Inflation Reduction Act appears closer to becoming a law, a closer look at the fine print reveals a number of incentives to help boost the use of renewable energy sources. One of those is corn-based ethanol, which could provide a boost for prices as a result of increased demand. One of U.S. President [...] Read more at ETFtrends.com.

In trading on Wednesday, shares of the Invesco WilderHill Clean Energy ETF (Symbol: PBW) crossed below their 200 day moving average of $61.56, changing hands as low as $60.72 per share. Invesco WilderHill Clean Energy shares are currently trading off about 3.2% on the day. Th

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares (Symbol: SQQQ) where we have detected an approximate $298.2 million dollar inflow -- that's a 7.1% 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 Vanguard Tax-Exempt Bond ETF (Symbol: VTEB) where we have detected an approximate $310.2 million dollar inflow -- that's a 1.7% increase week over w