Natural gas-related exchange traded funds surged on Monday, with natural gas prices hitting a 14-year high and extending gains into a fifth straight session, as global supply concerns and a late seasonal cold blast fueled the ongoing rally. Among the best-performing non-leveraged ETFs of Monday, the United States Natural Gas Fund (NYSEArca: UNG) rose 6.7%. Meanwhile, [...] Read more at ETFtrends.com.
We have said it many times this year: the markets are volatile. Investors, from experience, know how volatility can feel. There are many emotional ebbs and flows in markets. Investors feel great during a volatile, steep increase over a short period of time, and feel the opposite emotion during a subsequent, rapid decline. If 2022 [...] Read more at ETFtrends.com.
Bank of America shared its first-quarter 2022 financial results today, reporting a smaller-than expected 13% fall in first quarter profit on Monday, as growth in consumer lending overshadowed a decline in global deal-making. The U.S. bank earned $7.07 billion, down from $8.05 billion a year earlier. Earnings per share of 80 cents topped the 75 [...] Read more at ETFtrends.com.
The highest-paid CEO in 2021 was Patrick Gelsinger of Intel, who brought in $170 million in stock and option awards and a total of around $177.9 million, according to a recent study from Equilar that utilizes annual proxy statements from companies and compiles a list of the top 100 highest-paid CEOs. Rosalind Brewer, CEO of [...] Read more at ETFtrends.com.
Scientists have completed mapping the human genome. New research from the Telomere-to-Telomere (T2T) Consortium, a loose collaborative of about 100 scientists, shows that the team has completed a challenging 8% of the human genome left unresolved by the initial Human Genome Project. The Human Genome Project originally unveiled a nearly complete rendering of our genetic code in [...] Read more at ETFtrends.com.
In trading on Monday, shares of the Vanguard Health Care ETF (Symbol: VHT) crossed below their 200 day moving average of $253.22, changing hands as low as $253.13 per share. Vanguard Health Care shares are currently trading down about 1.5% on the day. The chart below shows th
In trading on Monday, shares of the FHLC ETF (Symbol: FHLC) crossed below their 200 day moving average of $65.25, changing hands as low as $65.22 per share. FHLC shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of FHLC sh
The Alerian Midstream Energy Select Index (AMEI), the underlying index of the Alerian Energy Infrastructure ETF (ENFR), gained 7.44% in March to extend its outperformance year-to-date, ending the first quarter with a total return of 21.53%, according to ALPS. The index increased as rising commodity prices fueled the continued outperformance of energy equities despite heightened [...] Read more at ETFtrends.com.
After U.S. home sales rose to their highest level since 2006 last year, the Wall Street Journal is reporting that mortgage rates are rising at their fastest pace in 35 years. According to Freddie Mac, the average rate on a 30-year fixed-rate mortgage climbed to 5% as of Thursday from 3.22% in early January. Despite record-high [...] Read more at ETFtrends.com.
The S&P 500’s net profit for the first quarter is 12.1%. That’s below the 12.3% forecast at the start of the quarter, but some sectors are expected to generate impressive margin growth. Not surprisingly, energy is one of those groups, and that could be good news for exchange traded funds such as the Invesco S&P [...] Read more at ETFtrends.com.
Investors shouldn’t treat online retail as a relic of the coronavirus pandemic. The industry is still growing, and that growth outlook is compelling. Likewise, market participants should also be cautious regarding the rebound experienced by brick-and-mortar stores. Among exchange traded funds, the Invesco NASDAW Internet ETF (PNQI) is an idea with which to marry these [...] Read more at ETFtrends.com.
Experienced dividend investors know that a plethora of ex-U.S. regions offer bigger yields than are found on broad-based domestic equity benchmarks. Emerging markets are part of that conversation. However, investors need to be selective when it comes to the related exchange traded funds because, prior to its war against Ukraine, Russia was one of the [...] Read more at ETFtrends.com.
With high inflation persisting, a clear lesson is emerging for investors: It takes a variety of assets to buffer a portfolio against rising consumer prices. Those include commodities, real estate, and Treasury Inflation Protected Securities (TIPS), among others. However, allocating to that many asset classes and at the right percentages is a burden for many [...] Read more at ETFtrends.com.
Rivian made a big splash last year as the first electric vehicle manufacturer to come to market with an all-electric pickup truck, beating out Tesla, Ford, and General Motors to launch. Despite supply chain impacts that have reduced the company’s ability to manufacture vehicles, Rivian CEO Robert Scaringe is confident that it will be able [...] Read more at ETFtrends.com.
Healthcare costs may be a retiree’s largest expense during retirement. Fidelity estimates that a couple retiring today will need about $300,000 to cover their medical expenses. And yet, many don’t factor in these costs when planning for retirement. A recent blog post from Nationwide notes that since clients may underestimate their healthcare expenses during retirement, advisors [...] Read more at ETFtrends.com.
How Portfolios Should Be Allocating in 2022 Diversification is always smart. However, sticking to the same allocations may not pay off in inflationary times. The inflation sensitivity of the assets you hold will factor heavily into overall portfolio performance. Certain cyclical stocks and commodities have traditionally fared better in times of high inflation and others [...] Read more at ETFtrends.com.
There is a significant positive correlation between the diversity of ownership in asset management firms and the diversity of their portfolio management teams, according to new research from the Knight Foundation. The research shows that diverse-owned firms are at least three times more likely to have a diverse team compared to non-diverse-owned firms. This relationship [...] Read more at ETFtrends.com.
Rising borrowing rates have coincided with the busiest season for home buying as many families scramble to get settled into new homes before the new school year. The average rate on a 30-year fixed-rate mortgage climbed from 3.22% in early January to 5% as of last week, according to Freddie Mac. Mortgage rates are rising [...] Read more at ETFtrends.com.
The iShares Russell Top 200 Value ETF is seeing unusually high volume in afternoon trading Monday, with over 498,000 shares traded versus three month average volume of about 173,000. Shares of IWX were down about 0.3% on the day.
A look at the weighted underlying holdings of the Invesco S&P 500— Equal Weight Materials ETF (RTM) shows an impressive 18.0% of holdings on a weighted basis have experienced insider buying within the past six months.
Dow Inc (Symbol: DOW), which makes up 3.55% of th