Airline stocks soared in midday trading on Thursday as investors took in fourth-quarter earnings. American Airlines (AAL), Southwest (LUV), and Alaska (ALK) all reported earnings on Thursday. Shares of American Airlines gained over 10% on Thursday as the airline beat estimates and posted a $19 million profit during the fourth quarter of 2023. On Monday, [...]
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The iShares S&P 500 Value ETF is seeing unusually high volume in afternoon trading Thursday, with over 6.2 million shares traded versus three month average volume of about 629,000. Shares of IVE were up about 0.3% on the day.
A new study is shedding light on just how much power index providers have in the ETF space, in part suggesting that as much as 60% of what ETF issuers pay to them are markups. It also estimates that about a third of what investors pay in expense ratios go back to the index provider. [...]
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VettaFi’s Head of Research Todd Rosenbluth discussed the Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
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The past six months saw gold’s price rise more than 5%, and it crossed the $2,000 threshold. Additionally, in late 2023 several firms reported that central banks’ gold purchases were closing in on all-time highs. Expectations for 2024 are also quite bullish. However, this hasn’t translated into inflows for physical gold ETFs. In fact, the SPDR [...]
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In trading on Thursday, the Gold Miners ETF is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Harmony Gold Mining, up about 10.9% and shares of Coeur Mining, up about 3.7% on the day.
A recent report from the International Monetary Fund (IMF) has projected that AI will affect almost two out of every five jobs done by humans around the world. AI of course will impact work that is already somewhat or totally automated. Growing use of AI will also impact white collar jobs, information tech areas, and [...]
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Today, Innovator launched the Innovator Nasdaq-100 Managed Floor ETF (NYSE Arca: QFLR), which looks to offer exposure to the performance of the Nasdaq-100 Index while limiting losses to 10% within a 12 month period. Essentially, the strategy pairs an investment in the securities in the Nasdaq-100 with a laddered put options overlay managed by Morgan [...]
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In trading on Thursday, shares of the ProShares Short S&P500 ETF (Symbol: SH) entered into oversold territory, changing hands as low as $12.71 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
Large caps dominated in 2023. But as investors continue to seek opportunities in 2024, international equities could be extending last year’s rally. After the downward pressure of 2022, large caps roared back in 2023, highlighted by the big tech comeback. Seven stocks stood head and shoulders above the rest. Those are Amazon, Apple, Alphabet, Microsoft, [...]
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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 ETF (Symbol: SPLG) where we have detected an approximate $393.9 million dollar inflow -- that's a 1.5% increase week over
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 $199.0 million dollar inflow -- that's a 1.1%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) where we have detected an approximate $196.0 million dollar inflow -- that's a 0.4% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Small-Cap ETF (Symbol: IJR) where we have detected an approximate $210.1 million dollar inflow -- that's a 0.3% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Expanded Tech-Software Sector ETF (Symbol: IGV) where we have detected an approximate $211.4 million dollar outflow -- that's a 2.7% decreas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the COWZ ETF (Symbol: COWZ) where we have detected an approximate $181.3 million dollar inflow -- that's a 1.0% 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 SPDR S&P Dividend ETF (Symbol: SDY) where we have detected an approximate $134.5 million dollar outflow -- that's a 0.7% 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 MSCI USA Min Vol Factor ETF (Symbol: USMV) where we have detected an approximate $127.2 million dollar outflow -- that's a 0.5% decrease wee