Women now occupy 30% of the seats on executive boards of the S&P 500 companies, reports Bloomberg. Bloomberg found that 251 companies as of July had a minimum of 30% female leadership when 13 more seats were added to executive boards. The shift comes as a push for ESG is made both from investors and [...] Read more at ETFtrends.com.
The environmental, social, and governance (ESG) groundswell in recent years is calling attention to the damaging effects climate risk can have on investor outcomes. A slew of exchange traded funds offer investors avenues for mitigating that risk, but one that appears well-suited to truly deliver the goods on this front is the Goldman Sachs Future [...] Read more at ETFtrends.com.
How consumers pay for goods was changing long before the coronavirus pandemic, but the global health crisis has accelerated the growth of fintech. That’s one reason why the ARK Fintech Innovation ETF (NYSEARCA: ARKF) is up almost 41% over the past 12 months. Obviously, that’s past performance and is not guaranteed to repeat, but what [...] Read more at ETFtrends.com.
Tesla is set to expand hiring in several key Chinese cities as it looks to continue to increase engagement with the Chinese government and regulatory bodies, reports Reuters. Tesla is headquartered in the U.S. but has operations in China. According to a job listing in the company’s Wechat account, Tesla is seeking to hire external [...] Read more at ETFtrends.com.
The S&P 500 has doubled from its Covid low of 2,237.40 in March of 2020, the fastest rally since the second World War, reports CNBC. The market took only 354 days to recover in what continues to be an unprecedented epoch. Typical market recovery from a recession or drop of the magnitude experienced in March [...] Read more at ETFtrends.com.
There are 250 new ETFs that launched in 2021 in CFRA Research’s database. Many of these are either actively managed or index-based thematic ETFs seeking to appeal to investors wanting to outperform the market in a tactical manner through either security selection or by focusing on faster-growing companies that can benefit from a long-term trend. [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the Emerging Markets High Yield Bond ETF (Symbol: HYEM) crossed above their 200 day moving average of $23.67, changing hands as high as $23.68 per share. Emerging Markets High Yield Bond shares are currently trading off about 0.1% on the day.
In trading on Wednesday, shares of the iShares MSCI Brazil ETF (Symbol: EWZ) entered into oversold territory, changing hands as low as $35.21 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to meas
The number of female executives in charge of top global performing companies rose this year, reflecting the growing importance of governance to investors and the general public. Fortune compiles a yearly list of the 500 largest companies in the world, whose combined sales equated to $31.7 trillion, roughly one-third of the global GDP. This year, [...] 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 The Health Care Select Sector SPDR— Fund (Symbol: XLV) where we have detected an approximate $813.8 million dollar outflow -- that's a 2.4% de
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR— Fund (Symbol: XLK) where we have detected an approximate $231.6 million dollar outflow -- that's a 0.5% dec
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 $127.3 million dollar outflow -- that's a 0.6% decreas
The growing prominence of Bitcoin is helping to secure the cryptocurrency’s place as a genuine alternative asset. In fact, some have gone so far as to call Bitcoin the “new gold,” despite the fact that Bitcoin is far more volatile and speculative. In the upcoming webcast, Can Bitcoin Join Gold at the Alternative Asset Table?, [...] Read more at ETFtrends.com.
Income-minded investors seeking ways to diversify their portfolios can consider a unique exchange traded fund strategy that seeks to generate income, protect purchasing power, and provide a measure of downside protection. In the recent webcast, Inflation and Income: How to Protect Your Purchasing Power, Curt Brockelman, Managing Partner & Co-Founder, Harvest Volatility Management; and Ben [...] Read more at ETFtrends.com.
While Monday’s trading was relatively muted, stock indexes and index ETFs tumbled on Tuesday, as July retail sales fell and broadening concerns about stagnant global economic growth affected markets. But the decline could offer a chance for those on the sidelines to get on board, while giving inverse ETF investors some short-term profits. While the [...] Read more at ETFtrends.com.
You may have read that, last week, the United Nations declared a “Code Red” climate emergency based upon a recent, exhaustive scientific study. All major countries and economies (194 nations to be exact) officially agreed to the report. Even an attempt by Saudi Arabia to water down “Carbon Warming” to “Greenhouse Gas Warming” was rejected. [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the Vanguard Total Bond Market ETF (Symbol: BND) crossed below their 200 day moving average of $86.36, changing hands as low as $86.33 per share. Vanguard Total Bond Market shares are currently trading down about 0.1% on the day. The chart bel
In trading on Tuesday, shares of the iShares Core MSCI Pacific ETF (Symbol: IPAC) crossed below their 200 day moving average of $65.79, changing hands as low as $65.67 per share. iShares Core MSCI Pacific shares are currently trading down about 1.2% on the day. The chart belo
In trading on Tuesday, shares of the iShares Core MSCI Emerging Markets ETF (Symbol: IEMG) entered into oversold territory, changing hands as low as $61.24 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato
In trading on Tuesday, shares of the iShares MSCI Emerging Markets Asia ETF (Symbol: EEMA) entered into oversold territory, changing hands as low as $83.40 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato