In trading on Tuesday, shares of the iShares MSCI EAFE Value ETF (Symbol: EFV) crossed above their 200 day moving average of $51.91, changing hands as high as $51.94 per share. iShares MSCI EAFE Value shares are currently trading up about 1% on the day. The chart below shows
Alpha Architect is switching its ETFs over to active management. Effective Monday, the Alpha Architect International Quantitative Momentum ETF (IMOM), the Alpha Architect International Quantitative Value ETF (IVAL), the Alpha Architect U.S. Quantitative Momentum ETF (QMOM), the Alpha Architect U.S. Quantitative Value ETF (QVAL), and the Alpha Architect Value Momentum Trend ETF (VMOT) have changed from being passively managed (tracking [...] Read more at ETFtrends.com.
Energy-related exchange traded funds continued to push higher as Exxon Mobil Corp (XOM) and Chevron Corp (CVX) revealed that elevated crude oil prices are helping energy companies enjoy big gains. Among the best-performing non-leveraged ETFs of Tuesday, the SPDR Oil & Gas Equipment & Services ETF (NYSEArca: XES) advanced 4.6%, the SPDR S&P Oil & Gas [...] Read more at ETFtrends.com.
Transportation sector-related exchange traded funds jumped after UPS posted record quarterly earnings on Tuesday and projected an optimistic 2022 outlook. The iShares Transportation Average ETF (IYT) increased 3.0% on Tuesday, breaking above its long-term resistance at the 200-day simple moving average and testing its short-term resistance at the 50-day simple moving average. Meanwhile, the broader [...] Read more at ETFtrends.com.
Cryptocurrencies took another step toward widespread legitimacy as lawmakers in a pair of states, Wyoming and Arizona, put forward proposals to accept digital currency tax payments. The Arizona proposal would have the state recognize bitcoin as legal tender. Wyoming’s proposal, meanwhile, applies only to sales and use tax but is not limited to a specific [...] Read more at ETFtrends.com.
Shares of UPS are up nearly 15%, as of mid-day Tuesday, after the company posted fourth-quarter revenue and earnings ahead of analysts’ expectations. The shipping and receiving and supply chain management company raised its quarterly dividend by 49%, or $0.50 per share, reflecting the largest increase since the company’s public-markets debut in 1999, the Wall [...] Read more at ETFtrends.com.
The Invesco India ETF (PIN) is seeing unusually high volume in afternoon trading Tuesday, with over 408,000 shares traded versus three month average volume of about 40,000. Shares of PIN were off about 0.2% on the day.
In trading on Tuesday, the SPDR S&P Metals & Mining ETF (XME) is outperforming other ETFs, up about 3.4% on the day. Components of that ETF showing particular strength include shares of Alpha Metallurgical Resources (AMR), up about 11.7% and shares of Peabody Energy (B
By Rob Williams, Director of Research, Sage Advisory The three key questions on every fixed income investor’s mind are Where are interest rates going? What do fixed income returns look like, both in the short-term and long-term? What are the best strategies to be in given these dynamics? The following charts illustrate rates and rate [...] Read more at ETFtrends.com.
With the first month of 2022 in the books, it was energy-focused funds that led gains for Invesco ETFs during a dismal month for most equities. At the top of the list with gains of 19% was the Invesco S&P 500 Equal Weight Energy ETF (RYE). An equal-weight strategy can help minimize concentration risk so [...] Read more at ETFtrends.com.
By Andrew Poreda, Vice President and Senior Research Analyst A biweekly roundup of Sage’s top ESG news picks 1. Sustainability Strategies Outperformed in 2021 What it means: 2021 was a great year for sustainable companies. The Morningstar U.S. Sustainability Leaders Index, which is fueled by ESG scores from Sustainalytics, showcased a 33% return, beating the [...] Read more at ETFtrends.com.
Exxon Mobil Corp. (NYSE: XOM) has been working to reduce its greenhouse gas emissions on multiple fronts. On Tuesday, the company announced as part of its fourth quarter earnings statement that it expects to meet its 2025 emission-reduction plans four years ahead of schedule. Per the energy company’s earnings release, this includes a 15–20% reduction in [...] Read more at ETFtrends.com.
Emerging markets (EM) experienced a double whammy of a strong dollar and the pandemic over the past year, but they present patient investors with a value opportunity. Some global investment firms are seeing this play out with EM still feeling the pain of a rising greenback, especially with a hawkish U.S. Federal Reserve. With the [...] Read more at ETFtrends.com.
In the name of “common prosperity,” the Chinese Communist Party (CCP) unveiled a wide-ranging regulatory regime last year that sank stocks in the world’s second-largest economy, reminding investors that there’s always some form of risk to assess when accessing emerging markets. Indeed, “things can’t get much worse” isn’t a valid investment thesis, but some market [...] Read more at ETFtrends.com.
Interest rates are poised to rise, perhaps as soon as March. However, rates are coming off rock-bottom levels, and even as the Federal Reserve lifts borrowing costs, investors will still encounter income challenges. That is to say that this tightening cycle may not be as punitive to high-yield asset classes as previous hiking regimes were. [...] Read more at ETFtrends.com.
A trend emerging in early 2022 is growth stocks weighing on the broader market while some value issues are holding up well on a relative basis. Upon closer inspection, dividend stocks and exchange traded funds are performing significantly less poorly than broader benchmarks, indicating that a growth-to-quality rotation could be underway. At this point in [...] Read more at ETFtrends.com.
Among the most beaten-down assets in the first month of 2022 were biotechnology stocks, with smaller members of that group enduring significant punishment. That’s the bad news. The good news is that exchange traded funds, such as the ALPS Medical Breakthroughs ETF (SBIO), may be offering unusually compelling opportunity for investors to get involved at valuations [...] Read more at ETFtrends.com.
Concerns about inflation and valuations have U.S. advisors looking further afield than domestic stocks to find opportunities for growth while diversifying a portfolio. A somewhat common structure that has existed for decades when investing in emerging markets is the variable interest entity (VIE), but it continues to be confusing and unclear to many advisors. Marcia [...] Read more at ETFtrends.com.
Amid a flurry of new fund launches in the environmental, social, and governance (ESG) space and increasing regulatory scrutiny on ESG labeling and scoring, advisors and clients are clamoring for clean definitions of sustainable funds. Moreover, they want sustainable funds that really are sustainable and aren’t complex. The Goldman Sachs JUST U.S. Large Cap Equity [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the First Trust Dorsey Wright Focus 5 ETF (Symbol: FV) crossed above their 200 day moving average of $47.59, changing hands as high as $47.65 per share. First Trust Dorsey Wright Focus 5 shares are currently trading up about 0.7% on the day. T