One of the original environmental, social, and governance (ESG) advocates is eagerly anticipating regulations within the ESG industry that would eliminate the false narratives that some fund managers are creating within the $35 trillion industry, reports Bloomberg. Trillium Asset Management’s CEO Matt Patsky got his start in ESG-style investments back in the 90s before anyone [...] Read more at ETFtrends.com.
Canada-based Evolve Funds Group Inc. launched a new fund that holds both bitcoin and ethereum on the Toronto Stock Exchange on Thursday. The Evolve Cryptocurrencies ETF (ETC) will hold the two cryptos weighted by their market caps, about 67% bitcoin and 33% ethereum. Evolve will rebalance the fund monthly. Ethereum and Bitcoin have long been [...] Read more at ETFtrends.com.
The Invesco S&P MidCap Momentum ETF is seeing unusually high volume in afternoon trading Thursday, with over 188,000 shares traded versus three month average volume of about 36,000. Shares of XMMO were down about 2% on the day.
The CBOE Volatility Index (VIX) has jumped the past week as high yields are causing investors to fret, but amid the market fluctuations, energy exchange traded funds (ETFs) from Invesco are performing well. In general, the energy sector has been seeing strong upside the whole year. The S&P 500 Energy index is up 40% on [...] Read more at ETFtrends.com.
Aerospace and defense stocks reside in the industrial sector — a group not necessarily known for being high-octane or thrilling. However, there are some fresher approaches to aerospace and defense stocks than basic industrial sector exchange traded funds. One that qualifies as exciting is the ARK Space Exploration and Innovation ETF (ARKX), which debuted in late [...] Read more at ETFtrends.com.
Mergers and acquisitions activity among banks is brisk this year, and with loan growth still sluggish, the consolidation trend is expected to continue. That could benefit the Invesco S&P SmallCap Financials Portfolio (NASDAQ: PSCF). PSCF holds 163 stocks with an average market capitalization of $2.27 billion. Translation: PSCF is a target-rich environment for potential suitors [...] Read more at ETFtrends.com.
Proxy advisor Glass Lewis has urged BHP shareholders to vote against plans to reduce greenhouse gas emissions during the shareholder meeting scheduled for next month in London. BHP is the world’s biggest miner, and their Climate Transition Action Plan was launched earlier this month. BHP had joined other natural resource companies like Glencore, Royal Dutch [...] Read more at ETFtrends.com.
Plenty of countries around the world are catching up to the U.S. in terms of coronavirus vaccination rates, and it’s common for market observers to view that as a potential catalyst for economic and equity market upside. This is a thesis that some are applying to India, which is already home to one of the [...] Read more at ETFtrends.com.
The ALPS Sector Dividend Dogs ETF (SDOG) is higher by 16.91% year-to-date, an advantage of 71 basis points over the S&P 500. Some of SDOG’s out-performance is attributable to its status as a value fund, and that’s been a useful trait to sport in 2021. After a more than decade-long run of futility against growth [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) crossed below their 200 day moving average of $105.79, changing hands as low as $105.77 per share. Vanguard Long-Term Corporate Bond shares are currently trading off about 0.2% on the da
In trading on Thursday, shares of the BBIN ETF (Symbol: BBIN) crossed below their 200 day moving average of $59.04, changing hands as low as $59.02 per share. BBIN shares are currently trading trading flat on the day. The chart below shows the one year performance of BBIN sha
In 2021, there is a real struggle for income. Advisors are contending with a delicate balancing act of sourcing income in a low-yield environment while avoiding taking on too much credit or duration risk. One way of striking that balance could be the WisdomTree Mortgage Plus Bond Fund (NYSEArca: MTGP). MTGP is an actively managed [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 Value ETF (Symbol: IWN) where we have detected an approximate $97.2 million dollar inflow -- that's a 0.6% increase 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 The Energy Select Sector SPDR— Fund (Symbol: XLE) where we have detected an approximate $111.1 million dollar inflow -- that's a 0.4% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Oil Services ETF (Symbol: OIH) where we have detected an approximate $149.4 million dollar inflow -- that's a 6.0% increase week over week in outsta
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 3-7 Year Treasury Bond ETF (Symbol: IEI) where we have detected an approximate $104.1 million dollar inflow -- that's a 0.9% increase week o
FirstEnergy Corp (Symbol: FE) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.3% yield, as well as being recognized by prominent asset managers as being a social
Key Takeaways GraniteShares XOUT U.S. Large Cap ETF (XOUT) outperformed ETFs tracking the S&P 500 Index by excluding certain large-cap companies that do not look appealing based on various fundamental attributes. While Alphabet, Amazon, Apple, and Microsoft can be found inside XOUT, fellow growth companies Netflix and Tesla cannot. CFRA expects XOUT to outperform its [...] Read more at ETFtrends.com.
Digital advertising has long been the growth engine of the advertising industry, thanks in large part to Google and Facebook, though contributions from some e-commerce platforms are increasing the allure of exposure to this segment. One of way of getting that exposure is with the ARK Next Generation Internet ETF (NYSEArca: (ARKW)). Actively managed, ARKW [...] Read more at ETFtrends.com.