In trading on Monday, shares of the iShares ESG Aware U.S. Aggregate Bond ETF (Symbol: EAGG) crossed below their 200 day moving average of $55.54, changing hands as low as $55.50 per share. iShares ESG Aware U.S. Aggregate Bond shares are currently trading down about 0.2% on t
In trading on Monday, shares of the iShares Aaa - A Rated Corporate Bond ETF (Symbol: QLTA) crossed below their 200 day moving average of $56.90, changing hands as low as $56.82 per share. iShares Aaa - A Rated Corporate Bond shares are currently trading off about 0.2% on the
In trading on Monday, shares of the BOND ETF (Symbol: BOND) crossed below their 200 day moving average of $111.30, changing hands as low as $111.26 per share. BOND shares are currently trading off about 0.2% on the day. The chart below shows the one year performance of BOND s
In trading on Monday, shares of the Vanguard Long-Term Bond ETF (Symbol: BLV) crossed below their 200 day moving average of $104.27, changing hands as low as $103.86 per share. Vanguard Long-Term Bond shares are currently trading off about 0.5% on the day. The chart below sho
In trading on Monday, shares of the iShares 10-20 Year Treasury Bond ETF (Symbol: TLH) crossed below their 200 day moving average of $150.25, changing hands as low as $149.92 per share. iShares 10-20 Year Treasury Bond shares are currently trading down about 0.1% on the day.
Fixed income investors reaching for more yield in this low-rate environment may want to take a trip overseas with the FlexShares International Quality Dividend Index Fund (IQDF). The fund is one of the many dividend ETFs that FlexShares offers and one of the variants of the firm’s popular international dividend funds. IQDF gives investors access [...] Read more at ETFtrends.com.
Treasury bonds and related exchange traded funds have rallied despite a strengthening economic recovery and inflationary pressures. Over the past three months, the Vanguard Intermediate-Term Treasury Index Fund ETF Shares (VGIT) has increased 1.0% and the Vanguard Long-Term Treasury Index Fund ETF Shares (VGLT) has advanced 5.9%. Many fixed income investors were burned this year as individuals [...] Read more at ETFtrends.com.
On Thursday, President Biden announced his intent to sign an executive order calling for 40% to 50% of all new car sales in the U.S. to be electric vehicles (EV) by 2030. It’s a bold plan and one that carries with it positive implications for an assortment of exchange traded funds, including the ALPS Disruptive [...] Read more at ETFtrends.com.
After a strong start to 2021, more tailwinds could keep the momentum going for municipal bonds and the Vanguard Tax-Exempt Bond ETF (VTEB). The expectation of higher taxes next year could spur a flight to municipal bonds in the second half of 2021. Thus far, the threat of inflation and potentially higher rates hasn’t turned [...] Read more at ETFtrends.com.
Moderna Inc. (NasdaqGS: MRNA) surged Monday after the company’s Covid-19 vaccine was granted a provisional adult authorization in Australia, lifting biotechnology sector-related exchange traded funds. On Monday, the VanEck Vectors Biotech ETF (BBH) rose 3.0% and the iShares Nasdaq Biotechnology ETF (IBB) gained 2.3%. Meanwhile, Moderna shares jumped 16.9% on Monday. MRNA makes up 5.8% of [...] Read more at ETFtrends.com.
The universe of exchange-traded funds (ETFs) includes more than 7,000 products worldwide, ranging from sophisticated and tactical funds to rather vanilla index ETFs tied to tried-and-true benchmarks. And among the latter, few are more popular than S&P 500 ETFs.
With a lower unemployment rate and positive job gains reported, the economic outlook for the rest of the year is looking extremely strong, reports Reuters. While earnings season saw some initial concerns of how much growth the large- and mega-caps could continue to produce, as most outperformed yet again, a growing has helped assuage concerns. [...] Read more at ETFtrends.com.
The First Trust SSI Strategic Convertible Securities ETF is seeing unusually high volume in afternoon trading Monday, with over 622,000 shares traded versus three month average volume of about 174,000. Shares of FCVT were down about 0.1% on the day.
In trading on Monday, the Biotech ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Biontech, up about 11.8% and shares of Moderna, up about 10.8% on the day.
Investors following the smart money may want to pile into commodities and funds like the Invesco DB Commodity Index Tracking Fund (DBC). In this case, tailing hedge fund bets on commodities could be the winning play. With a rise in consumer prices, commodities can also serve as an inflation hedge. “Hedge funds plowed money into [...] Read more at ETFtrends.com.
For technology investors in 2021, there’s no escaping talk of the global semiconductor shortage, but for as onerous as that situation is, it’s not crimping equity returns. For example, the VanEck Vectors Semiconductor ETF (SMH) is beating the S&P 500 Technology Index by about 520 basis points year-to-date. That out-performance is buoyed by strong sales [...] Read more at ETFtrends.com.
While large cap Chinese internet and technology stocks still hold plenty of promise, these are perilous times to be engaged with that group of assets. Beijing’s regulatory crackdown on large- and mega-cap internet companies in the world’s second-largest economy is wiping hundreds of billions of dollars in market capitalization off the group and goes a [...] Read more at ETFtrends.com.
The following are our key assumptions: COVID did not alter economic growth potential GDP estimates appear too optimistic The Fed is committed to supporting the economy at any cost The bias to rates is to the downside and structurally contained by debt and lack of GDP growth Valuations matter – key to this are low [...] Read more at ETFtrends.com.
By 2030, half of all cars and light trucks sold in America could be electric, hydrogen-fueled, or plug-in hybrid, as reported the Wall Street Journal. Of those meeting at the White House last Friday were Ford Motor Co., General Motors Co., and Stellantics NV, the maker of Chrysler. The initiative will fund supply-chain research and [...] 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 MSCI USA Quality Factor ETF (Symbol: QUAL) where we have detected an approximate $194.4 million dollar inflow -- that's a 0.8% increase week