This is the time of year when many investors consider the consumer discretionary sector and retail stocks and exchange traded funds. That makes the new Goldman Sachs Future Consumer Equity ETF (GBUY) an idea worth talking about. Importantly, there’s more to the GBUY story than simple holiday shopping trends. Significant changes in how consumers shop [...] Read more at ETFtrends.com.
The First Trust Nasdaq Oil & Gas ETF is seeing unusually high volume in afternoon trading Wednesday, with over 829,000 shares traded versus three month average volume of about 68,000. Shares of FTXN were up about 1.2% on the day.
In trading on Wednesday, the ARK Next Generation Internet ETF is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of Roku, up about 13.8% and shares of Pagerduty, up about 11% on the day.
Coinbase, the fourth-largest cryptocurrency exchange worldwide by trading volume, has launched an open-source cryptographic library, Kryptology, CoinTelegraph reports. Cryptography allows communication to be secure between the sender and their intended recipient and allows for the information and data transmitted to be protected from outside influence. Cryptography enables blockchain to be secure, and as the crypto [...] Read more at ETFtrends.com.
Air Products & Chemicals Inc (Symbol: APD) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.0% yield, as well as being recognized by prominent asset managers
Municipal bonds (munis) have been a linchpin for advisors building effective, tax-efficient portfolios for their clients in this lower-for-longer yield environment. However, with a Fed taper almost a near-term certainty, a monolithic index approach to the sector may be unwise, and many investors are looking toward active strategies better equipped to adapt to the bond [...] Read more at ETFtrends.com.
KraneShares has announced in a press release that it will be effecting a three-for-one share split of issued and outstanding shares of the KraneShares European Carbon Allowance ETF (KEUA). After market close on December 10, 2021, the fund will split issued and outstanding shares and anticipates a 200% increase in the total number of outstanding [...] Read more at ETFtrends.com.
Growth stock exchange traded funds surged on Tuesday with quality technology names fueling the rally as the Omicron variant seemed less damaging and disruptive to the economy than previously feared. U.S. markets rebounded off the volatility from last week on bets that the latest COVID-19 variant will have a less-damaging effect on travel and consumer [...] Read more at ETFtrends.com.
The actively managed WealthTrust DBS Long Term Growth ETF (WLTG) launched today, with the goal of long-term capital growth as a core allocation, and a secondary goal of providing dividend income. According to the prospectus, “The Fund’s investment strategy is based on the belief that long term superior performance of a portfolio is driven by [...] Read more at ETFtrends.com.
Amazon’s ingenuity and diversification in shipping early on has placed it in an optimal position in the midst of supply chain snarls that have heavily impacted retailers during the pandemic. Six years ago, Amazon began looking into building its own ocean freight business; now, it charters its own private cargo ships, leases planes, builds its [...] Read more at ETFtrends.com.
Options-based exchange traded fund strategies may help financial advisors diversify a traditional stock and bond portfolio to meet any challenges ahead. In the recent webcast, How Options-Based Strategies May Provide Protection, Ben Jones, senior index strategist at Nasdaq, highlighted the importance of the Nasdaq-100 Index as a prominent component in many investors’ tool kits. The [...] Read more at ETFtrends.com.
In late October, Advocate Capital Management launched the Advocate Rising Rate Hedge ETF (RRH), an active fund that uses Treasury securities and derivatives for a strategy that looks to benefit, should long-term yields increase faster than short-term yields. Recently, ETF Trends and ETF Database’s managing editor Lara Crigger sat down with Advocate’s founder and CEO/CIO Scott [...] Read more at ETFtrends.com.
According to the Financial Times, some Evergrande investors have not yet received bond payments. With the 30-day grace period expiring on Monday, Evergrande moves closer toward a formal default. Back in late September, Evergrande failed to make an interest payment, sparking volatility across global markets and whispers of a new financial crisis. The danger of [...] Read more at ETFtrends.com.
The end of the year generally sees a flurry of activity within the ETF space as advisors and investors move in and out of funds while looking to maximize their tax-loss harvesting. This year is proving to be no different, and the Wall Street Journal recently ran some simulations to discover just how much can be [...] Read more at ETFtrends.com.
It has been a half a century since consumers were last seriously concerned about inflation, but supply shortages and rising prices have some harkening back to the gas lines and stagflation talks that dominated financial discussions the 1970’s. In this article, we look at the case for continued growth in inflation, explain how officially reported [...] Read more at ETFtrends.com.
Investor sentiment is changing, and while it has yet to change the direction of flows that are buoyed at year’s end by overall strong equity performance, it could be a rising tide going into next year. Volatility continued to see equity markets struggling for the second week in a row, with news of the newest [...] Read more at ETFtrends.com.
The CEF Muni Income ETF is seeing unusually high volume in afternoon trading Tuesday, with over 323,000 shares traded versus three month average volume of about 36,000. Shares of XMPT were up about 0.8% on the day.
SUMMARY Buyer fatigue battles positive year-end seasonality and the fear of missing out. Which will prevail? While the NDR Catastrophic Stop Loss Model remains fully invested (bullish), prudence dictates identifying risk tolerance levels into year-end and, if necessary, tightening short-term stop-loss points. SHORT-TERM MESS Before September, certain internal measuring tools negatively diverged from Large Cap [...] 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 Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, where 22,400,000 units were destroyed, or a 7.2% decrease week over week.