Gold exchange traded funds have been stuck within range for the past year, wavering on central banks’ monetary policy outlook and mixed economic data. Over the past year, the SPDR Gold Shares (NYSEArca: GLD) dipped 1.9%, the iShares Gold Trust (IAU) fell 1.7%, and the Aberdeen Standard Gold ETF Trust (SGOL) dropped 1.7%. Monetary policy outlook has been [...] Read more at ETFtrends.com.
The world is increasingly focused on sustainability and greenhouse gas emission reductions, and the Beijing Olympics have placed sustainability front and center with the 2022 winter games. On the cutting edge of green technology is the carbon dioxide refrigeration system being utilized at four of the venues where the Olympic and Paralympic Games are being [...] Read more at ETFtrends.com.
We wrote last year about Nasdaq’s new U.S. Retail Equity Flows (UREF) data that captures retail trading activity in U.S. markets. We revisit the data to see what retail did as markets weakened in recent weeks.
Euro currency-related exchange traded funds climbed on Thursday after European Central Bank president Christine Lagarde refused to rule out tightening monetary policy in response to the ECB’s “unanimous concern” over rising inflationary pressures and soaring prices, adding to investor bets of multiple rate hikes in 2022. The Invesco CurrencyShares Euro Currency Trust (NYSEArca: FXE), which [...] Read more at ETFtrends.com.
The COVID-19 pandemic is impacting retirement planning and saving for younger generations in particular. The combination of health concerns, low wages, and rising costs has prompted many in the younger generations to leave their jobs in what is being called the Great Resignation, which marks a fundamental shift in priorities for Millennials and Gen Z. [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the Invesco Ultra Short Duration ETF (Symbol: GSY) entered into oversold territory, changing hands as low as $50.13 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 Vanguard Russell 1000 ETF (Symbol: VONE) crossed below their 200 day moving average of $205.96, changing hands as low as $204.90 per share. Vanguard Russell 1000 shares are currently trading off about 1.9% on the day. The chart below show
Provided by EMQQ. Emerging Markets Initial Public Offerings (IPOs) in 2021 brought in around $228 billion in total, up 31 percent from the $174 billion raised in 2020, according to Refinitiv. Despite the Covid-19 pandemic, liquidity was injected into the system. Looking ahead to the new year, both headwinds and tailwinds are visible, which will [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the SCHX ETF (Symbol: SCHX) crossed below their 200 day moving average of $107.08, changing hands as low as $106.56 per share. SCHX shares are currently trading off about 2% on the day. The chart below shows the one year performance of SCHX s
The British pound sterling currency-related exchange traded fund strengthened after the Bank of England announced a back-to-back interest rate hike for the first time since 2004. The currency-focused Invesco Currency Shares British Pound Sterling (NYSEArca: FXB) rose 0.3% on Thursday. Meanwhile, the iShares MSCI United Kingdom ETF (NYSEArca: EWU) dipped 1.0% on Thursday. As the global [...] Read more at ETFtrends.com.
The CBOE Volatility Index and VIX-related exchange traded funds jumped on Thursday after Facebook parent Meta Platforms’ weak outlook fueled risk-off selling in U.S. equities. Among the best-performing non-leveraged ETFs of Thursday, the iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 9.9% and the ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY) [...] Read more at ETFtrends.com.
Facebook (NasdaqGS: FB) parent Meta Platforms plunged on Thursday and was on pace for its biggest one-day decline on record, dragging down communication services sector-related exchange traded funds. On Thursday, the Communication Services Select Sector SPDR Fund (NYSEArca: XLC) decreased 6.0%, the Vanguard Communication Services (NYSEArca: VOX) fell 5.3%, and the Fidelity MSCI Communication Services ETF (NYSEArca: [...] Read more at ETFtrends.com.
Enbridge (ENB) announced on Thursday that it has partnered with local Indigenous communities in Alberta, Canada, to move forward with its proposed open access carbon storage hub. Per the press release, the Alberta-based pipeline company has reached an agreement with the First Nation Capital Investment Partnership to advance the proposed Open Access Wabamun Carbon Hub west [...] Read more at ETFtrends.com.
Galaxy Digital, a digital assets company, is paving the way for a more sustainable crypto economy, according to billionaire founder and CEO Mike Novogratz, reports Financial Times. The company is increasing its efforts to push back against the negative image that the industry has earned from the intense emissions and energy consumption required for bitcoin mining. [...] Read more at ETFtrends.com.
In 2022, the U.S. equities market got off to its worst start to a year since the dark days of the financial crisis, with many areas of the market, including stocks and stock exchange-traded funds (ETFs), selling off. As a result, many investors are rethinking how to position th
The iShares MSCI USA Multifactor ETF is seeing unusually high volume in afternoon trading Thursday, with over 524,000 shares traded versus three month average volume of about 112,000. Shares of LRGF were off about 1% on the day.
In trading on Thursday, the Invesco S&P 500 QVM Multi-factor ETF is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of Dxc Technology, up about 11.6% and shares of T-mobile, 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 SCHA ETF (Symbol: SCHA) where we have detected an approximate $163.8 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— Gold Shares (Symbol: GLD) where we have detected an approximate $540.2 million dollar inflow -- that's a 0.9% increase week over week in