In trading on Wednesday, shares of the Lithium ETF (Symbol: LIT) crossed above their 200 day moving average of $77.76, changing hands as high as $77.95 per share. Lithium shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of
In trading on Wednesday, shares of the iShares MSCI Brazil ETF (Symbol: EWZ) crossed above their 200 day moving average of $31.20, changing hands as high as $31.64 per share. iShares MSCI Brazil shares are currently trading up about 2.6% on the day. The chart below shows the
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 500 High Dividend ETF, where 36,000,000 units were destroyed, or a 15.7% decrease week over week. Among the largest
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Ultra VIX Short-Term Futures ETF, which added 7,500,000 units, or a 5.9% 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 BBEU ETF (Symbol: BBEU) where we have detected an approximate $133.7 million dollar outflow -- that's a 2.4% decrease week over week (from 117,799,5
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Dow Jones Internet Index Fund (Symbol: FDN) where we have detected an approximate $161.8 million dollar outflow -- that's a 3.5% decreas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P Ultra Dividend Revenue ETF (Symbol: RDIV) where we have detected an approximate $200.6 million dollar outflow -- that's a 19.6% decr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Treasury Bond ETF (Symbol: GOVT) where we have detected an approximate $108.2 million dollar inflow -- that's a 0.5% increase week over
As global economies continue to reopen, the worldwide transportation infrastructure is well positioned to capture pent-up demand for goods and travel, by both sea and sky. In the upcoming webcast, In a Post-Lockdown World, These Strategies Offer Exposure to Transportation’s Rebound, Frank Holmes, CEO of U.S. Global Investors, will discuss how loosened restrictions and the [...] Read more at ETFtrends.com.
There’s a lot of noise in markets this year, as inflation remains persistently high, the Federal Reserve hikes interest rates, and volatility continues, with markets seemingly driven by each new economic indicator. Keeping a focus on the five relevant economic and market signals will help investors best maintain perspective according to Scott Welch, CIMA, CIO [...] Read more at ETFtrends.com.
The Senate on Sunday approved a sweeping package to combat climate change, lower health care costs, raise taxes on some billion-dollar corporations, and reduce the federal deficit, The Washington Post reported. Dubbed the Inflation Reduction Act of 2022, the package would authorize the biggest burst of spending in U.S. history to tackle global warming — [...] Read more at ETFtrends.com.
The global economy is still recovering from and dealing with supply chain disruptions, something that has driven China to redouble its efforts towards self-reliance when it comes to energy and semiconductor chips, the powerhouses behind much of today’s innovations. Cleantech has been on the rise in China and given the regulatory support and environmental goals [...] Read more at ETFtrends.com.
With climate experts offering dire forecasts about the world’s future and many fund managers offering investment products adhering to environmental, social, and governance principles to combat the effects of climate change, one nascent fund manager has had enough and is pushing back. Strive Asset Management, which was launched this year with the goal of pushing [...] Read more at ETFtrends.com.
Direxion launched the first four of single stock leveraged and inverse ETFs. The funds, which trade on the Nasdaq, allow sophisticated traders to obtain magnified or inverse exposure to the daily performance of the common stocks of Apple and Tesla. They are the Direxion Daily AAPL Bull 1.5X (AAPU), the Direxion Daily AAPL Bear 1X [...] Read more at ETFtrends.com.
Direxion, a provider of tradeable and thematic ETFs, launched the first four of its single stock leveraged and inverse ETFs. The funds, which trade on the Nasdaq, allow sophisticated traders to obtain magnified or inverse exposure to the daily performance of the common stocks of Apple and Tesla. “Our new single stock leveraged and inverse [...] Read more at ETFtrends.com.
Consensus capital spending forecasts suggest that Tesla could continue to take electric vehicle (EC) market share. Commenting on competition in the EV space, media pundits tend to frame new EV capital spending (capex) announcements as threats to Tesla. Some point to the $35 billion and $50 billion that GM and Ford, respectively, have committed to [...] Read more at ETFtrends.com.
After U.S. equities posted their worst first-half performance since 1970, they pulled off a stellar comeback in July. During the month, three funds in FlexShares’ lineup of ETFs saw notable inflows as investors looked for income in the current environment and protection against intermediate- and long-term inflation. The FlexShares STOXX Global Broad Infrastructure Index Fund [...] Read more at ETFtrends.com.
On this week’s ETF Prime, host Nate Geraci sat down with VettaFi’s Tom Lydon to cover several topics including ETF flows, ARK Invest, and Schwab’s new crypto ETF. Geraci also spoke to DoubleLine’s Jeff Sherman regarding the firm’s recent ETF entrance and the current fixed income market, and to Dimensional’s Anthony Caruso to go over the [...] Read more at ETFtrends.com.
Today marks the launch of the U.S. Benchmark Series of ETFs from F/m Investments, a set of ETFs that each hold a single tenor of U.S. Treasury securities. UTWO, for example, will only ever own the current “on-the-run” two-year Treasury, UTEN does the same for the 10-year, and TBIL does it for the three-month. Wait, [...] Read more at ETFtrends.com.
Last week, Canterbury’s update focused on “what we know about the markets right now.” In all market environments, whether they be bull or bear, it is important to avoid getting “locked in” to a particular position. You hear many analysts discuss whether they are bullish or bearish and whether the market is right or wrong [...] Read more at ETFtrends.com.