MercadoLibre Inc. (MELI) has been one of the biggest success stories in emerging markets over the past 10 years. Since launching its IPO in 2007, the Buenos Aires-based e-commerce giant has seen an annualized return of 29%. Cumulative, that return skyrockets to 4,207%. “Mercadolibre has really evolved into a dynamic tech company. When it launched [...] Read more at ETFtrends.com.
It is widely believed that the Federal Reserve has multiple interest rate hikes ahead of it this year and that it could get more aggressive with rate tightening in a bid to damp high inflation. Conventional wisdom also holds that Fed tightening regimes can be drags on emerging markets assets, and there is some historical [...] Read more at ETFtrends.com.
With the S&P 500 down 8% over the past month — a period encompassing a significant chunk of first-quarter earnings season — it would be easy for investors to blame the benchmark equity gauge’s recent weakness on slack earnings reports and outlooks. Investors willing to dig a little deeper will actually find some pleasant surprises [...] Read more at ETFtrends.com.
It’s been a long road, with hard lessons learned along the way for Robert Joseph (RJ) Scaringe, CEO of Rivian, but the electric vehicle manufacturer believes that the macro-dynamics have never been better for his company and the industry and that Rivian will stand apart from Tesla in the years to come, reports Financial Times. [...] Read more at ETFtrends.com.
The SPDR S&P 600 Small Cap Value ETF is seeing unusually high volume in afternoon trading Thursday, with over 652,000 shares traded versus three month average volume of about 229,000. Shares of SLYV were off about 3.2% on the day.
In trading on Thursday, the Invesco S&P 500 QVM Multi-factor ETF is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Epam Systems, up about 9.1% and shares of Albemarle, up about 7.4% on the day.
Investors looking for generous yields and resiliency amid inflation and rising interest rates are turning to dividend stocks, which have seen skyrocketing interest in the current economic climate. According to Todd Rosenbluth, head of research at ETF Trends and ETF Database, it is prudent that advisors are seeking out dividend-based ETF strategies to offset the [...] Read more at ETFtrends.com.
Pacer ETFs has announced the launch of the Pacer BlueStar Engineering the Future ETF (BULD), which aims to follow the BlueStar Global Robotics & 3D Printing Index. The rules-based index consists of globally listed stocks and depositary receipts of companies that derive at least 50% of their revenues from robotics or manufacturing automation equipment, computer-aided design (CAD) [...] Read more at ETFtrends.com.
The role of the internet has been vital to the global economy, especially during the pandemic. With an increased reliance on this digital economy, it should infuse life into emerging market (EM) economies such as Vietnam. “According to the ministry, the digital economy is made up of the information communication technology (ICT) digital economy, the [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the Vanguard Total International Bond ETF (Symbol: BNDX) entered into oversold territory, changing hands as low as $50.62 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato
A rising dollar and global inflation might be keeping traders from looking at potential opportunities in emerging markets (EM). However, they need to take a closer look at South Korea. After Covid-19 cases and rising inflation tempered South Korea’s economy in Q1, a Q2 comeback could be in play. There are already signs of a [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (Symbol: SHM) entered into oversold territory, changing hands as low as $46.60 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical anal
In trading on Thursday, shares of the Vanguard Extended Duration Treasury ETF (Symbol: EDV) entered into oversold territory, changing hands as low as $101.20 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indica
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the FNDF ETF (Symbol: FNDF) where we have detected an approximate $125.5 million dollar inflow -- that's a 1.7% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Fallen Angel High Yield Bond ETF (Symbol: ANGL) where we have detected an approximate $92.7 million dollar outflow -- that's a 2.4% decrease week ov
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 Retail ETF (Symbol: XRT) where we have detected an approximate $250.0 million dollar outflow -- that's a 31.5% 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 iShares Select Dividend ETF (Symbol: DVY) where we have detected an approximate $102.8 million dollar inflow -- that's a 0.5% increase week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 500 Value ETF (Symbol: SPYV) where we have detected an approximate $102.5 million dollar outflow -- that's a 0.7% decrease we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (Symbol: XSOE) where we have detected an approximate $83.4 million dollar outflow -- tha
The emissions from container ships are significant, making up as much as the aviation industry and if converted into the equivalent emissions of a country, shipping would be sixth globally, reports Vox. With demand only set to continue in the coming years, the potential contributions to global warming will grow as well. Unless changes are [...] Read more at ETFtrends.com.