40% of millennial investors (aged 25 to 40) want the option to add cryptocurrencies to their retirement plans, according to a Spring 2021 survey by global marketing research consultancy CoreData Research. Given that Bitcoin surpassed both gold and the S&P 500 last year with a 164% return, such a statistic is not surprising. But what [...] Read more at ETFtrends.com.
The iShares U.S. Oil & Gas Exploration & Production ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.1 million shares traded versus three month average volume of about 131,000. Shares of IEO were off about 0.5% on the day.
In trading on Thursday, the SPDR— S&P— Semiconductor ETF is outperforming other ETFs, up about 0.3% on the day. Components of that ETF showing particular strength include shares of Kopin, up about 9.8% and shares of Sitime, up about 1.9% on the day.
After the major domestic banks passed the Federal Reserve’s annual stress test with flying colors earlier this year, the central bank took the handcuffs off when it comes to shareholders. Last year, the Fed forced banks to set cash aside for bad loans amid fears that the coronavirus recession would be long-lasting, stymieing banks’ plans [...] Read more at ETFtrends.com.
The S&P 500 is higher by nearly 20% year-to-date, and it’s hard to complain about that. However, that doesn’t mean that everything is perfect in the market. There’s the possibility of Treasury yields rising again, the possibility the Federal Reserve could soon spook markets with rate hike chatter, and the very real possibility that economic [...] Read more at ETFtrends.com.
Oil prices have been giving traders sea sickness as of late with rising COVID-19 cases and hurricanes, which opens up opportunities for bullish as well as bearish plays. “Both hurricanes and the virus are factors influencing oil production in the United States,” Direxion Investments Xchange blog post noted. “As the Delta variant of the COVID-19 [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the iShares California Muni Bond ETF (Symbol: CMF) crossed below their 200 day moving average of $62.61, changing hands as low as $62.57 per share. iShares California Muni Bond shares are currently trading off about 0.1% on the day. The chart
For all the glum talk about low volatility strategies and exchange traded funds, nearly eight months into the year, the Invesco S&P 500 Low Volatility ETF (SPLV) is achieving its objective of reduced volatility while still delivering an admirable gain of 14.16%, as of Aug. 23. While that performance lags the broader market, as is [...] 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 Invesco QQQ (Symbol: QQQ) where we have detected an approximate $337.3 million dollar outflow -- that's a 0.2% decrease week over week (from 502,950
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Discretionary Select Sector SPDR— Fund (Symbol: XLY) where we have detected an approximate $172.7 million dollar inflow -- that's
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Small-Cap ETF (Symbol: IJR) where we have detected an approximate $116.8 million dollar inflow -- that's a 0.2% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $123.2 million dollar inflow -- that's a 0.2% increase week ove
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 $239.7 million dollar outflow -- that's a 4.3% decrease 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 20+ Year Treasury Bond ETF (Symbol: TLT) where we have detected an approximate $222.1 million dollar inflow -- that's a 1.3% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Ultra Technology (Symbol: ROM) where we have detected an approximate $100.3 million dollar outflow -- that's a 8.7% decrease week over wee
Venture capital is being increasingly poured into ESG-centric companies, and climate tech ones in particular have experienced a boom. According to Yahoo Finance, climate tech companies backed by venture capital raised $14.2 billion globally between January and June of this year. In a report done by PwC, the authors stated that yearly venture capital funding [...] Read more at ETFtrends.com.
With yields remaining stubbornly low and inflation in the spotlight, income-minded investors will have to think outside the box to find attractive opportunities. Yet the “outside the box” moniker has typically signaled riskier, more volatile investments. In the upcoming webcast, Beyond Basic Bonds: Innovative ETF Strategies to Fix Fixed Income, Matthew Bartolini, Head of SPDR [...] Read more at ETFtrends.com.
Regulators have been reluctant to approve a cryptocurrency ETF, citing a myriad of issues such as volatility and security inconsistencies, but such fears have been underscored by recent news concerning Coinbase. Four months ago, Tanja Vidovic received a series of alerts related to suspicious activity in the access layer of her cryptocurrency account. To Vidovic’s [...] Read more at ETFtrends.com.
Dicks Sporting Goods Inc. (NYSE: DKS) surged on record profits and a special dividends announcement on Wednesday, lifting retail sector-specific exchange traded funds. The First Trust Nasdaq Retail ETF (FTXD) also gained 1.9% on Wednesday. Meanwhile, Dicks Sporting Goods shares jumped 14.0% on Wednesday. DKS makes up 4.2% of FTXD’s underlying portfolio. The retailer revealed sales [...] Read more at ETFtrends.com.
As the world’s population grows, it’s also aging, which will transform the current healthcare system. This opens up opportunities for the Global X Aging Population ETF (AGNG). Accommodating an aging population will lead to innovations in healthcare, in the technology itself as well as in the delivery of healthcare services. As such, AGNG provides investors [...] Read more at ETFtrends.com.