.@Vetta_Fi Head of Research @ToddRosenbluth breaks down the ETFs to watch as the Fed raises rates by 0.75%: pic.twitter.com/UWdtB2qZOF — Yahoo Finance (@YahooFinance) July 27, 2022 The Federal Reserve has raised interest rates another 0.75% for July in its fight against inflation. Todd Rosenbluth, head of research at VettaFi, appeared on Yahoo Finance’s “ETF Report” [...] Read more at ETFtrends.com.
While India’s presidency is largely ceremonial, the swearing-in of Droupadi Murmu in the position does have some significance. Not only is Murmu the second-ever female president of India and the first from the country’s Indigenous tribal communities, but her swearing-in also represents yet another sign that the country is looking to modernize and serve the [...] Read more at ETFtrends.com.
Stocks rose after the Federal Reserve announced its intentions to raise interest rates by three-quarters of a percentage point for the second consecutive time to combat record-high inflation. The S&P 500 climbed 2.5% in afternoon trading on Wednesday, following the Fed’s announcement. Meanwhile, the Dow went up 1.4%, and the tech-heavy Nasdaq Composite rose almost [...] Read more at ETFtrends.com.
While the European Central Bank hiked its benchmark interest rates for the first time in 11 years, euro currency-related exchange traded funds only saw modest gains without strong guidance from the ECB. The Invesco CurrencyShares Euro Currency Trust (FXE) rose 0.2% on Thursday. Meanwhile, the euro currency was trading at around $1.0193. The ECB hiked [...] Read more at ETFtrends.com.
Natural gas-related exchange traded funds are rallying as a heatwave across the U.S. fuels electricity demand for air cooling. The United States Natural Gas Fund (UNG) rose 0.8% on Thursday and jumped 19.4% over the past week. Meanwhile, Nymex natural gas futures were trading around $7.93 per million British thermal units before breaking back above the [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the First Trust Morningstar Dividend Leaders Index Fund ETF (Symbol: FDL) crossed above their 200 day moving average of $35.98, changing hands as high as $36.04 per share. First Trust Morningstar Dividend Leaders Index Fund shares are current
Bond investing has been a painful point for portfolios this year in a rising rate regime as the Federal Reserve aggressively combats persistent high inflation. The Fed responded to June’s 9.1% CPI reading and the strong labor market by raising interest rates 0.75% on Wednesday, reported the WSJ. “The labor market is extremely tight and [...] Read more at ETFtrends.com.
Despite Boeing Co. posting a larger-than-expected quarterly loss on Wednesday, the Arlington, Virginia based company reported positive operating cash flow. And unlike in previous quarters, it didn’t see any charges related to the production of its 737 MAX jet. Boeing recorded a positive operating cash flow of $81 million in the second quarter after burning [...] Read more at ETFtrends.com.
While investors had to contend with rocky markets in 2022, many found refuge in dividend-themed exchange traded funds. Dividend-related ETFs attracted about $45 billion in net inflows, making up a significant portion of flows into Morningstar’s large-value fund category, Barron’s reported. Furthermore, many of the biggest dividend-themed ETFs by assets also outperformed the broader equity [...] Read more at ETFtrends.com.
The FlexShares Ready Access Variable Income Fund (RAVI) is an ideal fit for investors who want to preserve capital while wringing out a bit more income than they can get from Treasuries. The short-term debt fund RAVI has been one of the most popular ETFs in FlexShares’ lineup this year, as measured by net inflows. RAVI [...] Read more at ETFtrends.com.
In trading on Wednesday, the Uranium ETF is outperforming other ETFs, up about 5.2% on the day. Components of that ETF showing particular strength include shares of UEX, up about 8.2% and shares of Cameco, up about 7.6% on the day.
Peloton (PTON) is a Sell Eva Ados, COO and Chief Investment Strategist at ERShares, recently appeared on CNBC’s Three Stock Lunch to discuss the evident ‘corporate greed’ within Peloton’s management. Ados indicates the deep-rooted factors that are contributing to the downfall of Peloton. Pandemic Darling becomes Corporate (Greed) Nightmare She refers to Peloton as a [...] 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 SPDR Portfolio S&P 500 Growth ETF, which added 13,250,000 units, or a 5.9% increase week over week. Among the largest underlying components o
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 Silver Trust, where 14,700,000 units were destroyed, or a 2.6% decrease week over week.
Debt on a personal level is a complex mechanism. It can provide benefits, like building credit or long-term investments such as buying a house to build wealth over time. However, it can also come with negative consequences such as taking on too much risk or creating a debt imbalance. On a national level, that complexity [...] Read more at ETFtrends.com.
Equal-weight indexes have historically outperformed their market cap-weighted peers, including during periods of rising inflation. Equal-weight strategies such as the Invesco S&P 500® Equal Weight ETF (RSP), which tracks the S&P 500 Equal Weight Index, are favored for their diversification benefits, outperformance, and tilt towards value, but many investors are unaware that the increased exposure [...] Read more at ETFtrends.com.
Mega-cap technology stocks climbed after Microsoft and Alphabet reported better-than-expected earnings yesterday. Microsoft (MSFT) missed on both revenue and profit expectations, but the stock rose on the firm’s upbeat guidance for the current fiscal year. Shares of the company were up nearly 5% by mid-day Wednesday. Google parent Alphabet (GOOGL) reported a decline in earnings [...] Read more at ETFtrends.com.
While Bondbloxx Investment Management co-founder Joanna Gallegos said at Exchange: An ETF Experience 2022 in April that it would be “table stakes to say that the rising rate environment is going to make a very, very different outcome for investors this year,” she noted that she felt it would “become quite evident in 2022 [...] 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 Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) where we have detected an approximate $276.2 million dollar inflow -- that's a 6.6% increase we