The Invesco Dynamic Food & Beverage ETF is seeing unusually high volume in afternoon trading Thursday, with over 300,000 shares traded versus three month average volume of about 48,000. Shares of PBJ were up about 1.1% on the day.
In trading on Thursday, the iShares U.S. Consumer Staples ETF is outperforming other ETFs, up about 1.8% on the day. Components of that ETF showing particular strength include shares of Mccormick, up about 6.4% and shares of Albertsons Companies, up about 3.6% on the day.
As the demand for semiconductors continues to surge, HSBC Asset Management (HSBC AM) launched the HSBC Nasdaq Global Semiconductor UCITS ETF, providing investors with a new investment vehicle to tap into this rapidly developing space.
As the Federal Reserve ponders over inflation, the White House is looking to release its strategy over how to best regulate the cryptocurrency markets. The National Security Council will be delving deep into the market, looking specifically at risks and potential opportunities that cryptocurrencies can bring. The news comes amid the crypto markets experiencing heavy [...] Read more at ETFtrends.com.
Evolution is afoot in the world of exchange traded funds emphasizing sustainability and environmental, social, and governance (ESG) principles, and with that comes fresh approaches to index and fund construction. The ARK Transparency ETF (CTRU) is a prime example of that trend. Indeed, CTRU is fresh on the scene — it debuted in December — and as [...] Read more at ETFtrends.com.
Citing high inflation and a strong labor market, the Federal Reserve signaled on Wednesday that interest rate increases are coming “soon.” Predictably, that was enough to send stocks lower, though the Nasdaq Composite eked out a modest gain. One day doesn’t make a trend, but that could be a sign that some market participants are [...] Read more at ETFtrends.com.
Dust off your safety pins and trim your mohawk. Subversive Capital Advisor, a recently established firm focused on investment strategies centered around the economy of the future, announced today the launch of its first ETF – the Subversive Metaverse ETF (PUNK) on the Cboe BZX Exchange. PUNK, which is expected to begin trading on January 27, 2022, is [...] Read more at ETFtrends.com.
Digital asset investment manager Valkyrie Funds LLC has applied to launch an ETF with exposure to bitcoin mining firms. According to a filing with the SEC, the Valkyrie Bitcoin Miners ETF, a series of Valkyrie ETF Trust II, intends to list and trade on the Nasdaq Stock Market. The actively managed fund would invest at [...] Read more at ETFtrends.com.
A hawkish stance from the Fed has had gold in decline since Wednesday. “Powell’s hawkish comments practically guaranteeing a March rate hike, emphasizing the economy’s strength and noting that the Fed’s balance sheet was overlarge and needs to be wound down, has triggered a bond selloff and higher USD which has pressured gold to recent [...] Read more at ETFtrends.com.
Investors are understandably chastened by the recent spell of under-performance by emerging markets equities, but at a time when some market participants are fearing the worst, opportunity may be afoot. Among emerging markets exchange traded funds meriting consideration in the current climate, the Emerging Markets Internet Ecommerce ETF (EMQQ) is a potential standout. China, by [...] Read more at ETFtrends.com.
The Invesco ESG S&P Equal Weight Fund (RSPE) is just over two months old, making it one of the newer additions to the environmental, social, and governance (ESG) exchange traded funds landscape, but the rookie fund offers compelling characteristics for investors wanting ESG exposure. RSPE, the ESG counterpart to the venerable Invesco S&P 500® Equal [...] Read more at ETFtrends.com.
The U.S. central bank has concluded its two-day meeting on fiscal policy and announced that while interest rates are to remain at zero for now, it has signaled interest rate rises in the near future. Bitcoin traders were watching the announcement closely, as bitcoin often behaves like a stock and moves in tandem with Fed [...] Read more at ETFtrends.com.
Equities with the “disruptive” and “innovative” labels are being pinched to start 2022 amid inflationary pressures and fears of rising interest rates. It appears that those fears will soon be realized as the Federal Reserve hinted on Wednesday that it will start hiking rates “soon.” Conversely, the Fed’s 2022 rate hiking plans have been known [...] Read more at ETFtrends.com.
One of investors’ primary objectives when investing in bonds is consistency. To that end, it might surprise some fixed income investors that fallen angel bonds — which form a unique segment of the high-yield debt market — are remarkably consistent. The VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) is the premier exchange traded fund [...] Read more at ETFtrends.com.
The prior two years of energy equity performance is confirmation that the transition to renewable and green concepts isn’t linear and that some bumps along the way are to be expected. For example, renewable energy equities and exchange traded funds, such as the ALPS Clean Energy ETF (ACES), dominated in 2020, easily trouncing rival fossil fuels assets. That [...] Read more at ETFtrends.com.
Investors are having a larger say in corporate America than ever before, helping to determine how companies should behave as global citizens. As shareholders who actively vote their shares and engage with companies, active owners aim to deliver a positive impact for employees, customers, communities, and the environment at large. In the upcoming webcast, How [...] Read more at ETFtrends.com.
Markets have been volatile for a couple months now, and with the turmoil and uncertainty being seen, it seems to be a great time for active management within mutual funds and ETFs. Dave Nadig, CIO and director of research at ETF Trends and ETF Database, and Bryon Lake, global head of ETF solutions for JPMorgan [...] Read more at ETFtrends.com.
It’s the season for hedging, according to fund flows since the beginning of the year. One fund in particular has seen a big uptick in flows since the beginning of December: the Quadratic Deflation ETF (BNDD). BNDD has seen $123.23 million in flows since the beginning of December, according to FactSet data, an impressive number [...] Read more at ETFtrends.com.
Aggressive exchange traded fund traders are betting on a swift rebound in technology stocks after the recent rout sent the Nasdaq into a correction. Among the post popular ETF plays over the past week, the ProShares UltraPro QQQ (TQQQ) attracted $2.7 billion in net inflows, the Direxion Daily Semiconductor Bull 3X ETF (SOXL) brought in $1.5 [...] Read more at ETFtrends.com.
Trading volume, or the total number of shares of a security or ETF that were traded during a period of time, can offer investors indicators of market sentiment. Average daily trading volume is typically calculated over 20 to 30 days, but can be measured over any span of time, according to Corporate Finance Institute. Trading [...] Read more at ETFtrends.com.