In trading on Tuesday, shares of the iShares ESG Aware 1-5 Year USD Corporate Bond ETF (Symbol: SUSB) entered into oversold territory, changing hands as low as $24.77 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analys
In trading on Tuesday, shares of the iShares 1-5 Year Investment Grade Corporate Bond ETF (Symbol: IGSB) entered into oversold territory, changing hands as low as $52.05 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical ana
In trading on Tuesday, shares of the iShares California Muni Bond ETF (Symbol: CMF) entered into oversold territory, changing hands as low as $59.58 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
In trading on Tuesday, shares of the First Trust Tactical High Yield ETF (Symbol: HYLS) entered into oversold territory, changing hands as low as $45.1237 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
In trading on Tuesday, shares of the BlackRock Short Maturity Bond ETF (Symbol: NEAR) entered into oversold territory, changing hands as low as $49.62 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator use
President Joe Biden on Tuesday morning announced the latest sanctions against Russia, an escalation of economic penalties that will have substantial implications for energy both internationally and at home. The Biden administration is banning Russian oil, natural gas, and coal imports to the U.S. in response to the Russian invasion of Ukraine, a step he [...] Read more at ETFtrends.com.
The Internal Revenue Service has reminded taxpayers that their contributions to their Individual Retirement Arrangement (IRA) up until April 18, 2022, may be deducted from their 2021 tax return. And while contributions for 2021 can be made to a traditional or Roth IRA until the April 18 filing due date, they must be designated for 2021 to [...] Read more at ETFtrends.com.
Tom Lydon, CEO of ETF Trends, recently met with Aaron Klein, co-founder and CEO of Riskalyze, to discuss volatility and risk in current markets, particularly with Ukraine and Russia’s geopolitical tensions. Klein opens by discussing his background in an options brokerage firm and the genesis of Riskalyze through the need that he and his fellow [...] Read more at ETFtrends.com.
This year has been a difficult one for markets already, with the Nasdaq entering a bear market as of close Monday— down 20.1% from November 2021 highs— and the Dow Jones officially in correction alongside the S&P 500, which had its worst day’s performance since October 2020, reported CNBC. The market corrections come at a [...] Read more at ETFtrends.com.
The iShares Expanded Tech Sector ETF is seeing unusually high volume in afternoon trading Tuesday, with over 617,000 shares traded versus three month average volume of about 40,000. Shares of IGM were up about 2% on the day.
In trading on Tuesday, the Invesco Solar ETF is outperforming other ETFs, up about 9.3% on the day. Components of that ETF showing particular strength include shares of Maxeon Solar Technologies, up about 22.9% and shares of Renesola, up about 21.5% on the day.
Jobs data and reports continue to come in strong, with the February employment report indicating that nonfarm payrolls have risen the fastest since July 2021. Continued strong pressures from wages and jobs will maintain inflationary pressures, almost guaranteeing a short-term rate increase later this month by the Fed, blogs David Berson, chief economist at Nationwide. [...] 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 First Trust Value Line Dividend Index Fund, where 9,200,000 units were destroyed, or a 2.9% decrease week over week. Among the largest und
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Short S&P500, which added 11,625,000 units, or a 9.0% increase 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 $377.8 million dollar outflow -- that's a 1.4% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI ACWI ETF (Symbol: ACWI) where we have detected an approximate $184.4 million dollar inflow -- that's a 1.1% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $137.1 million dollar inflow -- that's a 0.3% increase we
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 Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $125.6 million dollar inflow -- that's a 0.2% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Canada ETF (Symbol: EWC) where we have detected an approximate $121.8 million dollar inflow -- that's a 2.9% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BCI ETF (Symbol: BCI) where we have detected an approximate $132.1 million dollar inflow -- that's a 14.1% increase week over week in outstanding un