Recent shortages are not only due to COVID-19 related lockdowns restricting supplies. In many cases, demand is also running far stronger than it did during the previous business cycle. As the following chart illustrates, retail sales spiked as the U.S. economy reopened and demand has remained elevated. At the end of August, retails sales were [...] Read more at ETFtrends.com.
On Wednesday, Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced the expansion of the Invesco QQQ Innovation Suite with the introduction of two new environmental, social, and governance (ESG) ETF offerings. The launch of the Invesco ESG NASDAQ 100 ETF (QQMG) and the Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) advances the firm’s goal of [...] Read more at ETFtrends.com.
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we
The Invesco PureBeta MSCI USA ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.8 million shares traded versus three month average volume of about 32,000. Shares of PBUS were down about 0.1% on the day.
The global asset management industry has managed to do something that very few other industries have in pandemic times; it experienced its strongest growth in 10 years, hitting an all-time high of $114.7 trillion in assets under management in 2020, according to a McKinsey and Company report. One of the areas that experienced the most [...] Read more at ETFtrends.com.
Investor sentiment in emerging markets (EM) appears to be improving, and one country that may offer up opportunities for growth plays is India. The pandemic was certainly a thorn in the side of emerging markets as COVID-19 ravaged economies, large and small. However, more investors could be dipping their toes back into EM assets as [...] Read more at ETFtrends.com.
In trading on Wednesday, the Invesco Solar ETF is outperforming other ETFs, up about 5.2% on the day. Components of that ETF showing particular strength include shares of Enphase Energy, up about 21.9% and shares of Solaredge Technologies, up about 8.9% on the day.
In trading on Wednesday, shares of the iShares Global Clean Energy ETF (Symbol: ICLN) crossed above their 200 day moving average of $24.11, changing hands as high as $24.81 per share. iShares Global Clean Energy shares are currently trading up about 3.3% on the day. The chart
In trading on Wednesday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) crossed above their 200 day moving average of $133.21, changing hands as high as $133.72 per share. iShares iBoxx $ Investment Grade Corporate Bond shares are currently tra
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF Trust, which added 8,500,000 units, or a 0.9% increase week over week. Among the largest underlying components of SPY, in mo
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Capital Strength ETF, where 17,550,000 units were destroyed, or a 13.9% decrease week over week. Among the largest underlying
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) where we have detected an approximate $116.1 million dollar outflow -- that's a 0.8% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro S&P500 (Symbol: UPRO) where we have detected an approximate $108.6 million dollar outflow -- that's a 3.3% decrease
In trading on Wednesday, shares of the Invesco Taxable Municipal Bond ETF (Symbol: BAB) crossed above their 200 day moving average of $32.98, changing hands as high as $33.01 per share. Invesco Taxable Municipal Bond shares are currently trading up about 0.3% on the day. The
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Health Care Select Sector SPDR— Fund (Symbol: XLV) where we have detected an approximate $212.0 million dollar outflow -- that's a 0.7% de
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Germany ETF (Symbol: EWG) where we have detected an approximate $81.6 million dollar outflow -- that's a 2.8% 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 The Utilities Select Sector SPDR— Fund (Symbol: XLU) where we have detected an approximate $424.1 million dollar outflow -- that's a 3.3% decr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the GSLC ETF (Symbol: GSLC) where we have detected an approximate $118.6 million dollar inflow -- that's a 0.9% 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 iShares MSCI Brazil ETF (Symbol: EWZ) where we have detected an approximate $112.7 million dollar inflow -- that's a 2.4% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Transportation ETF (Symbol: IYT) where we have detected an approximate $122.2 million dollar inflow -- that's a 7.2% increase week over