Wheat and corn futures-related exchange traded fund gained Monday after Russia’s missile attack on the seaport of Odesa in Ukraine cast a cloud over a tentative deal to open a corridor for grain exports out of the country. The Teucrium Wheat Fund (NYSEArca: WEAT) gained 2.0% and the Teucrium Corn Fund (CORN) rose 2.0% on Monday. Meanwhile, [...] Read more at ETFtrends.com.
The biotech sector can offer unique opportunities and strong returns to investors willing to stomach the volatility heightened by the current economic environment. Shares of Verve Therapeutics (VERV) traded up 22% last Tuesday after the company’s recent announcement that it dosed its first human patient with an investigational in vivo base-editing medicine, VERVE-101, as a [...] Read more at ETFtrends.com.
New investors saving for retirement may be concerned that they’ve begun their investment journey at the start of a bear market. But not to worry; not only do bear markets occur from time to time, there’s also still a lot that investors can do to protect themselves from bears. At Barron’s, reporter Sabrina Escobar offered [...] Read more at ETFtrends.com.
One of China’s main e-commerce giants will be seeking a primary listing in Hong Kong, reported the Wall Street Journal, as Alibaba joins a growing list of Chinese companies positioning defensively for possible U.S. delisting. It’s estimated that a primary listing in Hong Kong, which requires greater compliance than a secondary listing but brings with [...] Read more at ETFtrends.com.
Top Performing Levered/Inverse ETFs Last Week These were last week’s top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (BOIL B) ProShares Ultra Bloomberg Natural Gas 34.09% (WANT C+) Direxion Daily Consumer Discretionary Bull 3X Shares 21.25% (HIBL B-) Direxion Daily [...] Read more at ETFtrends.com.
Investors are focused on the Fed’s latest monetary policy decision, due to be announced Wednesday, with markets largely anticipating a second consecutive 75 basis point rate hike. According to a recent insight from Kristina Hooper, chief global market strategist for Invesco, a meaningful decline in longer-term inflation expectations (from both the Michigan and NY Fed [...] Read more at ETFtrends.com.
IndexIQ today announced the launch of its newest ETF, the IQ MacKay Multi-Sector Income ETF (NYSE Arca: MMSB). The fund, which is sub-advised by MacKay Shields LLC, seeks to provide investors with attractive current income and long-term capital appreciation. MMSB is an actively managed fixed income strategy that will seek to achieve its investment objective by allocating [...] Read more at ETFtrends.com.
The ALPS Global Travel Beneficiaries ETF (JRNY) rallied 5.03% last week, outperforming direct ETF competitors and global markets, as represented by the Morningstar Global Markets Index. Despite continued recession and inflationary fears across the globe, positive trends in consumer travel spending and flight bookings ascending past 2019 levels are beginning to show up in earnings [...] Read more at ETFtrends.com.
The iShares S&P Small-Cap 600 Growth ETF is seeing unusually high volume in afternoon trading Tuesday, with over 534,000 shares traded versus three month average volume of about 170,000. Shares of IJT were off about 0.6% on the day.
In trading on Tuesday, the Gold Miners ETF is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of Newmont, up about 3.9% and shares of Oceanagold, up about 3.6% on the day.
Innovator Capital Management, creator of the Defined Outcome ETFs, announced that it will list the Innovator Hedged TSLA Strategy ETF (TSLH) on July 26 on the Cboe. With TSLH, Innovator seeks to provide a risk-managed approach to investing in Tesla (TSLA), which has been one of the most popular and best performing large-cap stocks in the market, [...] 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 GUNR ETF (Symbol: GUNR) where we have detected an approximate $315.7 million dollar outflow -- that's a 4.3% decrease week over week (from 188,150,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 ETF (Symbol: IWM) where we have detected an approximate $243.7 million dollar outflow -- that's a 0.5% decrease 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 JMST ETF (Symbol: JMST) where we have detected an approximate $265.8 million dollar outflow -- that's a 7.8% decrease week over week (from 67,550,00
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P Small-Cap 600 Value ETF (Symbol: IJS) where we have detected an approximate $945.8 million dollar outflow -- that's a 11.3% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Fallen Angels USD Bond ETF (Symbol: FALN) where we have detected an approximate $274.4 million dollar outflow -- that's a 9.7% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares TIPS Bond ETF (Symbol: TIP) where we have detected an approximate $266.1 million dollar outflow -- that's a 0.8% decrease week over week (fr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 7-10 Year Treasury Bond ETF (Symbol: IEF) where we have detected an approximate $2.0 billion dollar outflow -- that's a 8.5% decrease week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Gold Shares (Symbol: GLD) where we have detected an approximate $769.1 million dollar outflow -- that's a 1.4% decrease week over week (from 35
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 500— Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $518.8 million dollar inflow -- that's a 5.3% inc