In trading on Tuesday, shares of the FLCB ETF (Symbol: FLCB) crossed above their 200 day moving average of $25.63, changing hands as high as $25.65 per share. FLCB shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of FLCB sh
The $1,800 ceiling for gold prices appears to be firmly in place as the precious metal has yet to break through and rally, but a fall sell-off in equities might be in store for gold. “Gold has once again failed to break above the $1,800 an ounce level, but one looming driver can take the [...] 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 ARK Next Generation Internet ETF (Symbol: ARKW) where we have detected an approximate $59.0 million dollar outflow -- that's a 1.0% decrease week ov
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 Growth ETF (Symbol: IWO) where we have detected an approximate $105.6 million dollar inflow -- that's a 0.9% increase week over
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 $82.5 million dollar inflow -- that's a 1.5% increase
While the rest of the equity market has been stagnating, uranium sector-specific exchange traded funds have rallied on the surging prices of rare earth metals. On Friday, the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) gained 2.5%, North Shore Global Uranium Mining ETF (NYSE: URNM) increased 11.8%, and Global X Uranium ETF (URA) advanced 9.3%. Over [...] Read more at ETFtrends.com.
When Congress amended the Federal Reserve Act in 1977, it provided the Fed with their so-called “dual mandate”: promote price stability and ensure maximum employment. To achieve these aims, the Fed primarily influences the Fed Funds Rate (FFR), the rate that banks charge each other for overnight loans. While the metric that the Fed targets [...] Read more at ETFtrends.com.
At this stage in the economic recovery, those investors that stuck with their financial plan are likely feeling relatively content whereas those that are holding more cash than needed may be feeling nervous about entering the markets at their current levels. We are continuously being asked: where do we go from here with equity markets [...] Read more at ETFtrends.com.
On this week’s ETF Edge with host Bob Pisana of CNBC, direct indexing is said to be attracting much attention as a new form of investing. When owning an S&P 500 ETF, an investor has indirect ownership of the stocks in that index. Direct investment provides the opposite, which comes with additional aspects such as [...] Read more at ETFtrends.com.
If you go back to the very first slide deck I ever put together on ETFs (from the late 1990s), you will discover two things: I had a reasonable amount of hair. “Tax Efficiency” was on the very first slide called “Why ETFs?” While the first bullet abandoned me long ago, the second came under [...] Read more at ETFtrends.com.
The rally in meme stocks this year has distorted gains in small-capitalization category-related exchange traded funds. Year-to-date, the widely observed iShares Russell 2000 ETF (NYSEArca: IWM) increased 13.4%, the iShares Russell 2000 Value ETF (NYSEArca: IWN) advanced 2.22%, and the iShares Russell 2000 Growth ETF (NYSE Arca: IWO) gained 5.2%. In comparison, when looking at the [...] Read more at ETFtrends.com.
Energy sector-related exchange traded funds rallied on Monday, with crude oil prices touching a near six-week high, after the U.S. government agreed to release some supply from its emergency reserve in response to ongoing output concerns in the wake of Hurricane Ida. On Monday, the ALPS Alerian MLP ETF (NYSEArca: AMLP) increased 1.1% and JPMorgan [...] Read more at ETFtrends.com.
Amid low interest rates and potentially diminished upside for fixed income assets, income-starved investors are again evaluating dividend exchange traded funds. These days, they’ve got a sizable universe to consider as hundreds of ETFs reside in the dividend category. The older guard typically focus on one of two methodologies: companies’ track records of boosting payouts [...] Read more at ETFtrends.com.
In trading on Monday, shares of the First Trust International Equity Opportunities ETF (Symbol: FPXI) crossed below their 200 day moving average of $68.05, changing hands as low as $67.72 per share. First Trust International Equity Opportunities shares are currently trading of
Assets in U.S. dividend-focused exchange-traded funds (ETFs) have grown exponentially over the past decade. In 2009, America's dividend ETFs collectively held less than $20 billion. By September 2021, assets in dividend ETFs had shot up to almost $300 billion.
International stock exchange traded funds strengthened on Monday after European markets ended higher, breaking a five-day losing streak. The pan-European STOXX 600 index was higher after dipping to a three-week low last week, Reuters reports. Meanwhile, Asian stocks weakened further, following news of another round of regulatory crackdowns on Chinese firms. Global markets have been [...] Read more at ETFtrends.com.
This year hasn’t been kind to biotechnology stocks and related exchange traded funds. The headwinds faced by these assets were ratcheted up last week when the Biden administration revealed plans to pursue lower drug prices. As a result, the ALPS Medical Breakthroughs ETF (SBIO) lost 1.81% on the week, but that performance could be an overreaction indicating [...] Read more at ETFtrends.com.
Rare earth minerals are essential to producing an array of clean energy technologies, and with demand for the latter soaring, the rare earths investment thesis is experiencing a renaissance. Following a long period of anonymity, the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) is back in style. REMX, which turns 11 years old next month, [...] Read more at ETFtrends.com.
Model portfolios make it easier for advisors to deploy a variety of asset classes in efficient fashion, so it’s no wonder that these portfolios have long been significant contributors to the growth of the exchange traded funds industry. That growth is accelerating this year, and with more clients becoming savvy about ETFs, more advisors are [...] Read more at ETFtrends.com.
Whether traders want to be bulls or bears, there’s always action brewing in the energy sector, which makes a pair of leveraged ETFs from Direxion Investments a prime option. The energy sector has undergone recovery, but that could have already reached a zenith this year. Once powered by mostly the action in oil prices, the [...] Read more at ETFtrends.com.