ETF Trends’ CEO Tom Lydon discusses the AXS Astoria Inflation Sensitive ETF (PPI) on this week’s ETF of the Week podcast with Chuck Jaffe of the MoneyLife Show. Lydon explains that inflation has been a large concern for advisors over the course of the last two years and that recent inflation has led to rising prices [...] Read more at ETFtrends.com.
Capital Group launched its first suite of six active, transparent exchange traded funds on the New York Stock Exchange today, consisting of one fixed income core plus income strategy, three equity strategies that invest primarily in the U.S., and two equity strategies that cover international and global. “The active ETF market is still in its [...] Read more at ETFtrends.com.
Oil prices skyrocketed to over $100 a barrel while global stocks plummeted on Thursday after Russia launched an invasion of Ukraine. According to the New York Times, the price of oil rose to $105 a barrel, while the S&P 500 dropped 2.5% at the start of trading, though it rebounded somewhat by midday to being [...] Read more at ETFtrends.com.
The specter of a full-fledged invasion of Ukraine by Russia is roiling global equity markets, but the epicenter of those concerns is the oil market, owing to Russia’s status as one of the world’s largest crude producers. With that in mind, some energy exchange traded funds could be hedges against the volatility created by geopolitical [...] Read more at ETFtrends.com.
Global X has launched a new ETF that seeks to generate income through covered call writing, which historically produces higher yields in periods of volatility. The Global X Dow 30 Covered Call ETF (DJIA), listed on the NYSE on February 24 with an expense ratio of 60 basis points, expects to make distributions on a [...] Read more at ETFtrends.com.
Recent broader market weakness is ensnaring exchange traded funds focusing on the quality factor. For example, the Invesco S&P 500 Quality ETF (NYSEArca: SPHQ) currently resides 10.41% below its 52-week high. While that puts SPHQ — one of the more venerable names among quality ETFs — in correction territory, some market observers believe that now isn’t the [...] Read more at ETFtrends.com.
When it comes to market movements, small-caps could be a prime example of when market cap size inversely correlates with volatility. That said, however, traders have a couple of options to play the amplified moves in small-caps. Just like the overall stock market, small-caps haven’t been immune to the latest market downtrends. Inflation, rate hikes, [...] Read more at ETFtrends.com.
In trading on Thursday, the Invesco Solar ETF is outperforming other ETFs, up about 3.8% on the day. Components of that ETF showing particular strength include shares of Sunnova Energy International, up about 12.2% and shares of Sunrun, up about 10.7% on the day.
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 500 ETF (Symbol: IVV) where we have detected an approximate $466.1 million dollar outflow -- that's a 0.2% decrease week over w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Russell 1000—Dynamic Multifactor ETF (Symbol: OMFL) where we have detected an approximate $90.9 million dollar outflow -- that's a 4.9
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro Short QQQ (Symbol: SQQQ) where we have detected an approximate $108.0 million dollar outflow -- that's a 3.5% decrease week over
In trading on Thursday, shares of the iShares Russell 3000 ETF (Symbol: IWV) entered into oversold territory, changing hands as low as $238.14 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to mea
In trading on Thursday, shares of the iShares U.S. Financial Services ETF (Symbol: IYG) entered into oversold territory, changing hands as low as $178.76 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
In trading on Thursday, shares of the Invesco S&P 500 Revenue ETF (Symbol: RWL) entered into oversold territory, changing hands as low as $74.18 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
In trading on Thursday, shares of the iShares Global Consumer Staples ETF (Symbol: KXI) entered into oversold territory, changing hands as low as $59.9438 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
In trading on Thursday, shares of the iShares U.S. Healthcare ETF (Symbol: IYH) entered into oversold territory, changing hands as low as $260.36 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
In trading on Thursday, shares of the Vanguard Mega Cap Growth ETF (Symbol: MGK) entered into oversold territory, changing hands as low as $207.14 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
In trading on Thursday, shares of the iShares Europe ETF (Symbol: IEV) entered into oversold territory, changing hands as low as $48.471 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure m
In trading on Thursday, shares of the iShares Core MSCI Europe ETF (Symbol: IEUR) entered into oversold territory, changing hands as low as $51.38 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to