A social media sector-related exchange traded fund strengthened on Monday as Twitter (NasdaqGS: TWTR) contemplates Elon Musk’s buyout bid of $43 billion. The Global X Social Media ETF (SOCL) increased 1.0% on Monday. Meanwhile, TWTR shares were up 5.4% on Monday. TWTR makes up 5.75% of SOCL’s underlying portfolio. According to sources familiar with the [...] Read more at ETFtrends.com.
There’s no question that bonds are having a rough year, and Treasury inflation-protected securities (TIPS) aren’t immune to the sell-offs. That doesn’t mean that fixed income investors looking for a safe haven amid rampant inflation should avoid them completely. They still provide a much-needed cushion in the current market environment, especially when the Federal Reserve [...] Read more at ETFtrends.com.
China’s country-specific exchange traded funds plunged Monday, with Chinese equity markets suffering its worst day in over two years. Beijing’s zero-tolerance COVID-19 lockdown measures fuel concerns over the economy’s growth outlook. On Monday, the iShares MSCI China ETF (NASDAQ: MCHI) fell 2.5%, the Xtrackers CSI 300 China A-Shares ETF (ASHR) declined 6.0% and the SPDR S&P China [...] Read more at ETFtrends.com.
The bearish sentiment in bonds may not last for much longer. At least, that’s what some market experts are thinking in an attempt to time the right entry point for falling bond prices. While market timing can be tricky, if not nearly impossible, there are bullish signs emerging for bonds. Rising inflation in tandem with [...] Read more at ETFtrends.com.
Companies that invest heavily in their research and development could be harbingers of expansive growth. In particular, artificial intelligence (AI) investment is driving innovation for the next wave of disruptive technology. Chip maker Nvidia is doing just that. It’s evolving from its identification as a semiconductor producer and focusing on growing its AI technology to [...] Read more at ETFtrends.com.
Environmental, social, and governance (ESG) principles are applied in various forms at the sector level, and the real estate sector is an example of a group with lots of room to bolster ESG credentials. Some exchange traded funds answer that bell, including the Invesco MSCI Green Building ETF (GBLD). GBLD is about a year old [...] Read more at ETFtrends.com.
While this is a rough market for fixed income, BondBloxx co-founder Joanna Gallegos believes that her company came to the market with its high-yield bond ETFs “right on time.” In February, BondBloxx launched seven U.S. high-yield bond ETFs that offer precise, index-based exposure to the high-yield asset class and allow investors the opportunity to diversify and manage [...] Read more at ETFtrends.com.
Twitter shares increased again on Monday on reports that the firm is nearing a deal to sell itself to Elon Musk. Twitter is in advanced discussions to sell to Elon Musk and could finalize a deal on Monday, the Wall Street Journal reports. The news comes just 11 days after Musk announced his unsolicited $43 [...] Read more at ETFtrends.com.
Inflation is still a major concern for investors as CPI readings continue to clock in at record highs month after month, even as interest rates rise. A strong M&A backdrop, rebounding service economy, and pricing power for rental operators to pass on inflationary costs to tenants are all positive catalysts for REIT performance despite headwinds [...] Read more at ETFtrends.com.
The Invesco India ETF is seeing unusually high volume in afternoon trading Monday, with over 175,000 shares traded versus three month average volume of about 28,000. Shares of PIN were down about 1.1% on the day.
During a recent ETF Trends webcast focused on emerging markets, 42% of advisor respondents said that they allocate between 5% and 10% of client assets to emerging markets, and an additional 11% reported taking an even more aggressive approach. However, the majority were using broad emerging market ETFs to gain exposure. Given the performance challenges [...] Read more at ETFtrends.com.
In trading on Monday, shares of the iShares Latin America 40 ETF (Symbol: ILF) crossed below their 200 day moving average of $26.98, changing hands as low as $26.78 per share. iShares Latin America 40 shares are currently trading off about 2.8% on the day. The chart below sho
In trading on Monday, shares of the First Trust Value Line Dividend Index Fund ETF (Symbol: FVD) crossed below their 200 day moving average of $41.31, changing hands as low as $41.23 per share. First Trust Value Line Dividend Index Fund shares are currently trading down about
In trading on Monday, shares of the ETFS Physical Silver Shares ETF (Symbol: SIVR) crossed below their 200 day moving average of $23.04, changing hands as low as $22.58 per share. ETFS Physical Silver Shares shares are currently trading down about 2.5% on the day. The chart b
In trading on Monday, shares of the Uranium ETF (Symbol: URA) crossed below their 200 day moving average of $23.93, changing hands as low as $23.10 per share. Uranium shares are currently trading down about 4.1% on the day. The chart below shows the one year performance of UR
In trading on Monday, shares of the Vanguard Mega Cap Value ETF (Symbol: MGV) crossed below their 200 day moving average of $103.87, changing hands as low as $103.40 per share. Vanguard Mega Cap Value shares are currently trading off about 1.4% on the day. The chart below sho
In trading on Monday, shares of the SPDR Dow Jones Global Real Estate ETF (Symbol: RWO) crossed below their 200 day moving average of $53.63, changing hands as low as $53.00 per share. SPDR Dow Jones Global Real Estate shares are currently trading down about 1.1% on the day.
In trading on Monday, shares of the Vanguard S&P 500 Value ETF (Symbol: VOOV) crossed below their 200 day moving average of $147.05, changing hands as low as $145.21 per share. Vanguard S&P 500 Value shares are currently trading down about 1.3% on the day. The chart b
In trading on Monday, shares of the WisdomTree U.S. MidCap Dividend Fund ETF (Symbol: DON) crossed below their 200 day moving average of $43.22, changing hands as low as $42.50 per share. WisdomTree U.S. MidCap Dividend Fund shares are currently trading down about 2% on the da
In trading on Monday, shares of the FNDX ETF (Symbol: FNDX) crossed below their 200 day moving average of $56.78, changing hands as low as $55.82 per share. FNDX shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of FNDX sh