German energy company RWE and Dutch-Norwegian company SolarDuck have announced a full-scale pilot of floating solar panels in the North Sea. The floating solar parks in the North Sea are a technology that RWE is hoping to deploy globally and is a “new frontier for solar energy,” according to the press release. The floating solar [...] Read more at ETFtrends.com.
MercadoLibre Inc. (NASDAQ: MELI) plans on expanding the credit offering of its fintech arm in two key markets. To do this, the Argentina-based e-commerce giant has secured $233 million in private financing from Goldman Sachs Group. The loan was secured though MercadoLibre’s credit unit Mercado Crédito. Of this $233 million loan, fintech arm MercadoPago will [...] Read more at ETFtrends.com.
The iShares MSCI Emerging Markets Multifactor ETF is seeing unusually high volume in afternoon trading Friday, with over 484,000 shares traded versus three month average volume of about 139,000. Shares of EMGF were off about 1.1% on the day.
Sprott has filed for the ESG Gold ETF (SESG), which will provide investors an opportunity to get exposure to gold sourced from mines that meet a certain ESG standard. With record heat seen around the globe, the importance of sustainability and the effort to mitigate climate catastrophe is becoming more urgent than ever. SESG could [...] Read more at ETFtrends.com.
In trading on Friday, the The Utilities Select Sector SPDR Fund ETF is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of American Water Works, up about 1.7% and shares of Cms Energy, up about 1.7% on the da
HCA Healthcare Inc. shares are up more than 13% by mid-day Friday after the company reported second quarter earnings above analysts’ expectations. The healthcare services company on Friday reported net income attributable to the company of $1.155 billion, or $3.90 per share. This is down from $1.45 billion, or $4.36 per share, from the previous [...] 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 iShares 10-20 Year Treasury Bond ETF, which added 5,200,000 units, or a 17.6% increase week over week.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro Short QQQ, where 5,900,000 units were destroyed, or a 6.8% decrease week over week.
Ophelia Snyder, Co-Founder & President of 21Shares discusses investor demand and product development during the Crypto winter with Margareta Hricova and Deborah Fuhr on ETF TV.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Ultra VIX Short-Term Futures ETF (Symbol: UVXY) where we have detected an approximate $42.0 million dollar outflow -- that's a 4.3% decrea
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 $56.7 million dollar outflow -- that's a 0.9% 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 Core Total USD Bond Market ETF (Symbol: IUSB) where we have detected an approximate $42.5 million dollar outflow -- that's a 0.2% decrease w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio Intermediate Term Corporate Bond ETF (Symbol: SPIB) where we have detected an approximate $157.9 million dollar outflow -- that's a 2
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the FNDX ETF (Symbol: FNDX) where we have detected an approximate $37.0 million dollar inflow -- that's a 0.4% increase week over week in outstanding un
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SRVR ETF (Symbol: SRVR) where we have detected an approximate $34.8 million dollar inflow -- that's a 3.0% increase week over week in outstanding un
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Discretionary Select Sector SPDR Fund (Symbol: XLY) where we have detected an approximate $225.7 million dollar outflow -- that's a 1.5
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI China ETF (Symbol: MCHI) where we have detected an approximate $84.1 million dollar inflow -- that's a 1.0% increase week over week in
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 Dividend ETF (Symbol: SDY) where we have detected an approximate $36.5 million dollar inflow -- that's a 0.2% increase week over week i
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Broad USD High Yield Corporate Bond ETF (Symbol: USHY) where we have detected an approximate $38.0 million dollar inflow -- that's a 0.6% in
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel