The green bond market is still in its early innings, and the same goes for the VanEck Vectors Green Bond ETF (NYSEArca: GRNB), but it’s clear that momentum is building in this space. Adding to the case for GRNB, which is just four and a half years old, is the point that green bond momentum [...] Read more at ETFtrends.com.
AdvisorShares, a leading sponsor of actively managed exchange traded funds (ETFs), today announced the launch of the AdvisorShares Psychedelics ETF (PSIL). PSIL invests in the emerging psychedelic drugs sector, offering exposure to biotechnology, pharmaceutical, and life sciences companies leading the way in this nascent industry. PSIL portfolio manager and chief operation officer of AdvisorShares Dan Ahrens [...] Read more at ETFtrends.com.
From large to small, leveraged exchange traded funds (ETFs) are following that chronological size difference with respect to their gains year-to-date. As such, large-caps lead the way with the Direxion Daily S&P 500® Bull 3X Shares ETF (SPXL). So far this year, the fund is up almost 70%, highlighting the strength of large-caps’ biggest names in [...] Read more at ETFtrends.com.
Wednesday saw stocks rebounding after closing at losses on six of the past seven trading days, with the S&P 500 ending the day approximately 1.2% below the all-time high earlier this month, reports The Wall Street Journal. Sentiment continues to echo more broadly amongst investors of concerns about a general pullback after high performance for [...] Read more at ETFtrends.com.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Catalent Inc (Symbol: CTLT) has taken over the #65 spot from Raymond James Financial Inc (Symbol: RJF), according to ETF Channel. Below is a chart of Catalent Inc v
The Sprott Physical Uranium Trust (U.U) launched in July, and its NAV is already up 35.2% since launch. With decarbonization likely to be a dominant issue in the future, the sky is the limit for uranium. A number of governments are serious about reaching net zero emissions, which has created an emerging bull market for [...] Read more at ETFtrends.com.
Taking a look at the shares outstanding shows that passive management fund ownership in the U.S. markets have fallen from 21.3% last year to 20.1% this year, reported Bloomberg. Strategists at Jefferies have been tracking market shares for six years, and this is the first time that there has been a decline in passive ownership [...] Read more at ETFtrends.com.
On Friday, the United States and the European Union will agree to reducing methane pollution in their respective countries by 30% over the next ten years, reports Financial Times. They are doing so in a bid to bring methane pollution awareness to the forefront ahead of the climate summit scheduled in November. The countries involved, [...] Read more at ETFtrends.com.
Business-intelligence software company MicroStrategy has added an additional 5,050 bitcoins to its balance sheet. The company now holds 114,042 bitcoins, currently collectively worth around $5.1 billion. MicroStrategy CEO Michael Saylor has made bitcoin acquisition a second mandate for the company after its primary work developing business-intelligence software. MicroStrategy stock has become a kind of Bitcoin [...] 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 ProShares ProShares Ultra QQQ (Symbol: QLD) where we have detected an approximate $44.7 million dollar outflow -- that's a 0.8% decrease week over w
In trading on Thursday, shares of the iShares U.S. Transportation ETF (Symbol: IYT) crossed above their 200 day moving average of $248.62, changing hands as high as $249.46 per share. iShares U.S. Transportation shares are currently trading up about 0.3% on the day. The chart
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Gold Miners ETF (Symbol: GDX) where we have detected an approximate $46.8 million dollar outflow -- that's a 0.3% decrease week over week (from 418,
In trading on Thursday, shares of the Copper Miners ETF (Symbol: COPX) crossed below their 200 day moving average of $36.10, changing hands as low as $36.08 per share. Copper Miners shares are currently trading off about 4.2% on the day. The chart below shows the one year per
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Russia ETF (Symbol: RSX) where we have detected an approximate $52.1 million dollar outflow -- that's a 3.2% decrease week over week (from 53,300,00
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $55.1 million dollar outflow -- that's a 0.9% decrease week over week (from 22
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Staples Select Sector SPDR— Fund (Symbol: XLP) where we have detected an approximate $75.6 million dollar outflow -- that's a 0.6
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio Long Term Corporate Bond ETF (Symbol: SPLB) where we have detected an approximate $58.4 million dollar outflow -- that's a 5.6
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 Growth ETF (Symbol: IWF) where we have detected an approximate $303.7 million dollar outflow -- that's a 0.4% decrease week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Genomic Revolution ETF (Symbol: ARKG) where we have detected an approximate $64.9 million dollar outflow -- that's a 0.8% decrease week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI China ETF (Symbol: MCHI) where we have detected an approximate $83.2 million dollar inflow -- that's a 1.4% increase week over week in