The emerging companies focused on carbon reduction may be at the sweet spot of global trends, and investors can turn to an exchange traded fund strategy to ride this ongoing trend. In the recent webcast, Emerging Markets, ESG and Climate Change: One Simple Solution, Michael Lewis, head of ESG research at DWS, argued that achieving [...] Read more at ETFtrends.com.
By Nick Erickson, Vice President, Portfolio Management As the effects of climate change become more prevalent, the potential for unexpected and significant impacts to credit risk has increased for municipal issuers. Rising sea levels, droughts, wildfires, and deep freezes, to name a few, have recently put additional strain on government budgets, especially those that are [...] Read more at ETFtrends.com.
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in this report, updating the report every Friday, along with an accompanying podcast. The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products [...] Read more at ETFtrends.com.
The crypto arena is one that gets plenty of negative spin because of its volatility, the lack of investor protections in the U.S., and a host of other reasons. In the midst of all of the discussions on drawbacks to the space, the benefits sometimes get lost in the mix; crypto assets have a lot [...] Read more at ETFtrends.com.
The climate summit is just around the corner, and as increasingly more data and research is being released on the state of our warming world, an increasingly grim picture is being painted. Industries have begun the switchover to operating in more sustainable ways, but the way forward realistically doesn’t lie in today’s technologies but in [...] Read more at ETFtrends.com.
The iShares Global Materials ETF is seeing unusually high volume in afternoon trading Friday, with over 228,000 shares traded versus three month average volume of about 54,000. Shares of MXI were up about 0.2% on the day.
In trading on Friday, the Copper Miners ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of First Quantum Minerals, up about 8% and shares of Lundin Mining, up about 5.9% on the day.
In a reversal of Trump policies, President Biden’s administration has put forth a proposal to remove certain requirements for retirement fund investing. It’s a big win for ESG funds and asset managers, as it would allow the inclusion of a whole host of funds that were previously frozen out of retirement savings plans. The rule [...] Read more at ETFtrends.com.
A futures-based Bitcoin ETF is coming — and not in a theoretical sense, either. This morning, Bloomberg’s James Seyffart revealed that the ProShares Bitcoin Strategy ETF (BITO) was already being added to the Terminal’s data feed as we speak. I’ll put my cards on the table here: I used to be a bitcoin ETF skeptic [...] Read more at ETFtrends.com.
Midstream-focused funds like the ALPS Alerian MLP ETF (NYSEArca: AMLP) and the JPMorgan Alerian MLP Index ETN (NYSEArca: AMJ) have had good runs of late, in part due to the rising costs of energy and the ongoing importance of energy infrastructure. Oil has passed $80 a barrel as the European energy crisis transitions into a full-scale global [...] Read more at ETFtrends.com.
In the global conversation about climate awareness, decarbonization efforts, and the adoption of renewable energy, much of the focus tends to fall on the U.S. and Europe’s efforts instead of those by developing economies. However, it is accurate to say that China, India, and many more are grappling mightily with pollution issues. As emerging markets [...] Read more at ETFtrends.com.
The eyes of investors, both retail and institutional, have been increasingly on ESG investing due to a variety of factors that all revolve around climate change. A new report by RBC Global Asset Management has found that the COVID-19 pandemic has investors more committed to the space and wanting more investing options. The survey included [...] Read more at ETFtrends.com.
With last week’s settlement of the fine of Meituan, China’s major food delivery service, internet and tech stocks are soaring again in China this week. The Chinese State Administration for Market Regulation fined Meituan 3.44 billion yuan, the equivalent of $534.3 million, for abuses of power as the dominant company within the online food delivery market, [...] Read more at ETFtrends.com.
Speculation that the SEC might approve a bitcoin futures ETF as early as this week has the crypto community split on what impact a bitcoin ETF launch might have on the crypto market, Bloomberg reports. Some crypto fans have speculated that the launch of a bitcoin ETF might serve as a catalyst for another major bitcoin [...] Read more at ETFtrends.com.
In trading on Friday, shares of the Vanguard Global ex-U.S. Real Estate ETF (Symbol: VNQI) crossed above their 200 day moving average of $57.14, changing hands as high as $57.42 per share. Vanguard Global ex-U.S. Real Estate shares are currently trading up about 0.4% on the da
In trading on Friday, shares of the IPAY ETF (Symbol: IPAY) crossed above their 200 day moving average of $69.32, changing hands as high as $70.00 per share. IPAY shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of IPAY sha
In trading on Friday, shares of the NFRA ETF (Symbol: NFRA) crossed above their 200 day moving average of $56.98, changing hands as high as $57.16 per share. NFRA shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of NFRA sha
Good timing is undeniably beneficial to new exchange traded funds regardless of underlying investment objective. That sentiment is proving accurate for the ARK Space Exploration and Innovation ETF (ARKX) and not simply because the fund has $608.5 million in assets under management following its late March debut — and also not because space tourism is [...] Read more at ETFtrends.com.
In trading on Friday, shares of the iShares Russell 2000 Growth ETF (Symbol: IWO) crossed above their 200 day moving average of $303.23, changing hands as high as $305.30 per share. iShares Russell 2000 Growth shares are currently trading up about 0.6% on the day. The chart b
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 Financials AlphaDEX Fund, where 3,600,000 units were destroyed, or a 10.4% decrease week over week. Among the largest underlyi