Inflation continues its upward trend, and while plenty of experts expect rising consumer prices will ebb next year, many of them thought that inflation would be transitory. Go figure. While pinpointing exactly when inflation will ease is likely a fool’s errand, investors should be evaluating assets that offer inflation-fighting qualities. Moreover, they should also look [...] Read more at ETFtrends.com.
Software has always been one of the premier industry-level investment destinations in the broader technology sector, but it wasn’t that long ago that cloud computing was basically unheard of. Obviously, that changed, and the cloud is growing in exponential fashion, bringing with it significant opportunity with exchange traded funds, including the WisdomTree Cloud Computing Fund [...] Read more at ETFtrends.com.
Even though space flight involves leaving the Earth, like every other sector, it is contending with its environmental impact. Two British rocket startups are claiming that their technology can reduce spaceflight’s carbon footprint through renewable fuel. Both Skyrora and Orbex have unique solutions to the carbon emissions problem. Skyrora plans to utilize a fuel that [...] Read more at ETFtrends.com.
Income investors are grappling with plenty of challenges in 2021. As if low interest rates across the fixed income universe aren’t bad enough, what income is being earned is being pinched by inflation — a major concern for retirees. Those scenarios are putting a spotlight on alternative sources of income, including the Nationwide Risk-Managed Income ETF [...] Read more at ETFtrends.com.
As the landscape of environmental, social, and governance (ESG) funds grows and evolves, more end users are demanding clarity on ESG ratings and scoring. Those demands are escalating at a time when market participants, many of whom are eager to embrace ESG funds, are increasingly concerned about greenwashing — or funds purporting to be ESG when [...] Read more at ETFtrends.com.
In trading on Monday, the Uranium ETF is outperforming other ETFs, up about 5.7% on the day. Components of that ETF showing particular strength include shares of Centrus Energy, up about 11.7% and shares of Uranium Energy, up about 11.4% on the day.
The Nasdaq-100 Index (NDX) is one of the more beloved equity benchmarks among advisors and investors, and one of the big reasons for that status is NDX’s penchant for being home to an array of innovative growth stocks. On that note, it’s a luxury to be able to access some of those names before they [...] Read more at ETFtrends.com.
The House of Representatives approved the trillion-dollar infrastructure bill last Friday night, opening up opportunities for a pair of ETF trades from Direxion Investments. The obvious play is to get bullish on infrastructure with the Direxion Daily US Infrastructure Bull 2X Shares (DOZR). The fund adds a double dose of risk or reward with twice [...] Read more at ETFtrends.com.
As the U.S. opens its doors for cryptocurrency exchange traded funds (ETFs), Australia is also moving forward with its own crypto agendas with the approval of spot price ETFs for bitcoin and ether. The Australian Securities and Investments Commission (ASIC) also instituted guidelines and requirements for how issuers should offer crypto-based fund products. One of [...] Read more at ETFtrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares ProShares UltraPro Short QQQ, which added 18,950,000 units, or a 8.4% increase week over week.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Daily Semiconductor Bull 3X Shares, where 11,700,000 units were destroyed, or a 13.0% decrease week over week. Among the largest underlyin
In recent trading, shares of Builders FirstSource Inc. (Symbol: BLDR) have crossed above the average analyst 12-month target price of $66.77, changing hands for $67.28/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI South Korea ETF (Symbol: EWY) where we have detected an approximate $286.1 million dollar outflow -- that's a 5.2% 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 iShares Russell 1000 ETF (Symbol: IWB) where we have detected an approximate $856.3 million dollar outflow -- that's a 2.6% decrease week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares TIPS Bond ETF (Symbol: TIP) where we have detected an approximate $609.4 million dollar inflow -- that's a 1.7% increase week over week in o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Expanded Tech-Software Sector ETF (Symbol: IGV) where we have detected an approximate $219.5 million dollar inflow -- that's a 3.4% increase