In trading on Wednesday, shares of the SPDR S&P MIDCAP 400 Trust ETF (Symbol: MDY) crossed above their 200 day moving average of $494.75, changing hands as high as $495.50 per share. SPDR S&P MIDCAP 400 Trust shares are currently trading up about 1.1% on the day. The
In trading on Wednesday, shares of the BBAX ETF (Symbol: BBAX) crossed above their 200 day moving average of $55.48, changing hands as high as $55.61 per share. BBAX shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of BBAX
As clean energy names continue to climb amid global tensions and favorable legislation, investors can add exposure with the SmartETFs Smart Transportation & Technology ETF (MOTO). MOTO is an ETF to consider for investing in autonomous and electric vehicles and transportation as a service. The ETF is actively managed and fully transparent, investing in approximately [...] Read more at ETFtrends.com.
When saving for retirement, which plan is better, the taxable non-retirement account or the defined contribution retirement plan? While tax-sheltered retirement plans offer the convenience of automatic investments and tax breaks, the tax efficiency for investors’ non-retirement accounts over the years has improved. Plus, not all 401(k) plans are created equal. Morningstar’s director of personal [...] Read more at ETFtrends.com.
Traders have become increasingly comfortable using social media platforms like Twitter to share and receive market information. However, it can be tough to discern the valuable insights from the ill-informed musings. “The influence of social media on financial markets is here to stay, as younger generations start saving and investing,” write Claudia Biancotti and Paolo [...] Read more at ETFtrends.com.
Researchers from the Framington Heart Study, a multi-generational study that began in 1948, have found that men and women are living longer and incidents of heart disease are occurring later in life on average. Overall, the study also found that people are less at risk for dying from coronary disease or having a heart attack [...] Read more at ETFtrends.com.
BMW announced that it is expanding its flagship 7-Series with an all-electric sedan, called the i7, reports CNBC. This makes it the third all-electric offering from the company as it seeks to compete with Tesla as the demand for electric vehicles grows. The i7 will have a beginning sticker price of $119,300 and will begin [...] Read more at ETFtrends.com.
It’s increasingly common for companies to discuss their environmental, social, and governance (ESG) efforts, and quarterly earnings conference calls are fertile ground for those conversations. However, simply because a company openly discusses ESG doesn’t mean it’s a “good” ESG firm. Fortunately, a variety of exchange traded funds identify companies that are doing more than talking [...] Read more at ETFtrends.com.
Rising interest rates, high valuations, and a growing concern about a possible economic recession have led investors to be more skittish about technology stocks. Despite the surge in bond yields putting pressure on tech valuations, analysts from Citigroup have cited Amazon (NASDAQ:AMZN) and Airbnb (ABNB) as some of their top stock picks. “Should a (mild) recession [...] Read more at ETFtrends.com.
By Chris Konstantinos, CFA, Director of Investments, Chief Investment Committee SUMMARY Volatility is back as war in Europe and inflation has rattled investors. We believe our ‘Four I’s’ – Inflation, Interest Rates, Innovation, and Intrinsic Value, will determine market direction from here. Our optimism is dependent on inflation cresting, interest rates remaining relatively low, innovation [...] Read more at ETFtrends.com.
In markets plagued by volatility and uncertainty, the prior experience with financial crises that many advisors have can be a huge boon for investors. Advisors, from their experience, can help guide investors to the assets that are best-suited to help mitigate risk in fluctuating markets. Nationwide has found that approximately 70% of financial professionals feel [...] Read more at ETFtrends.com.
The iShares Currency Hedged MSCI Emerging Markets ETF is seeing unusually high volume in afternoon trading Wednesday, with over 57,000 shares traded versus three month average volume of about 38,000. Shares of HEEM were down about 0.4% on the day.
While international equities can often be overlooked by U.S. investors, an international dividend strategy can provide an additional layer of diversification to a portfolio along with potentially higher dividend income. When looking at the broad U.S. equity market relative to developed international equities, the S&P 500 Index (SPX) has a five-year average dividend yield of [...] Read more at ETFtrends.com.
Summary A mutual fund, ETF, or closed-end fund that owns more than 25% MLPs will be taxed as a corporation, but funds that own up to 25% MLPs can maintain their pass-through structure. Funds that predominantly hold MLPs offer the potential for tax-deferred income but may experience tax drag as underlying holdings gain. RIC-compliant MLP [...] Read more at ETFtrends.com.
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 Core S&P 500 ETF, where 13,250,000 units were destroyed, or a 1.8% decrease week over week. Among the largest underlying compo
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, which added 11,500,000 units, or a 2.6% increase week over week.
The ARK Innovation ETF (NYSEArca: ARKK) brought in $450 million in inflows over the past week, making it among the top 10 ETFs in terms of gaining investor capital. These inflows follow three weeks of outflows for ARK Invest’s flagship fund. Bloomberg Intelligence senior ETF analyst Eric Balchunas tweeted on Wednesday that ARKK “is a trading [...] Read more at ETFtrends.com.
The normally sleepy utilities sector has been anything but boring this year. In fact, it’s one of the best-performing groups in the S&P 500. And that’s saying something because utilities stocks are usually vulnerable to rising interest rates. Yet, plenty of utilities exchange traded funds are delivering for investors as rates rise and the broader [...] Read more at ETFtrends.com.
Rising interest rates are plaguing various corners of the fixed income market and municipal bonds aren’t immune from that ominous trend. However, there might be a silver lining for muni investors and that’s important because munis are among the most widely held bonds by retail investors – either in individual issue or fund form – [...] Read more at ETFtrends.com.