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 $130.4 million dollar inflow -- that's a 0.3% incr
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
The DOJ is reportedly investigating executives of Tether Ltd., the company which issues the massively popular stablecoin Tether, according to a Bloomberg report. The investigation is allegedly focused on Tether’s early activities and is specifically looking into if the company hid the fact that transactions were linked to cryptocurrency from banks. Tether has denied that [...] Read more at ETFtrends.com.
Precious metals exchange traded funds could still have some more upside over the short run, but a steadier growth outlook could weigh on the asset category’s mid-term outlook. Average projections put gold prices at little above their current level of $1,830 an ounce for the rest of 2021 before dipping next year as the global [...] Read more at ETFtrends.com.
Global investors should focus on exchange traded funds that track developed markets as emerging economies could continue to struggle with rising coronavirus cases. The International Monetary Fund projected a 6% global growth forecast for 2021 after it upgraded its outlook for the United States and other wealthy countries but lowered its estimates for developing economies [...] Read more at ETFtrends.com.
According to a new study from Cambridge University, the carbon footprint of bitcoin may be improving as the geography of bitcoin mining has changed in the last six months. With the shutdown of Chinese mining, the environmental impact only stands to gain from here. When China enforced its crypto regulatory crackdown in May, it effectively [...] Read more at ETFtrends.com.
Even with the reopening of economies that many anticipated would cause tech to pull back, big tech came out with huge earnings in the quarterly reports this week, proving they still have a place at the table and room to grow. Tuesday saw Microsoft, Apple, and Alphabet all posting monstrous earnings, bringing in a combined [...] Read more at ETFtrends.com.
On Wednesday, SEC Chairman Gary Gensler revealed that he had asked his agency’s staff to look into making companies disclose their climate-change-related risks, reported The Wall Street Journal. Staff is evaluating if companies should file the statements with their annual reports, the Form 10-K, which includes financial data and various information that investors use. Making [...] Read more at ETFtrends.com.
Government debt and bond-related exchange traded funds logged their best monthly rally in July in 16 months, as the Covid-19 Delta variant scare and the Federal Reserve’s assurances to maintain its loose monetary policy helped support the Treasuries market. Over the past month, the PIMCO 25+ Year Zero Coupon US Treasury Index ETF (NYSEArca: ZROZ) advanced [...] Read more at ETFtrends.com.
With record growth and a more detailed look into digital assets, the WisdomTree earnings call left advisors with a lot of information to digest, going into what executives believe to be a positive third quarter. According to Jonathan Steinberg, CEO, the second quarter saw “continued growth and strong execution” for WisdomTree Investments. WisdomTree had a record [...] Read more at ETFtrends.com.
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in this report, updating the report every Friday, along with an accompanying podcast and chart book. The availability of ample investment capital is vital for economic growth in both rich, well-developed countries [...] Read more at ETFtrends.com.
It’s long been said that fans of bitcoin and other cryptocurrencies favor the asset class due to decentralization and the fact that central bank interference isn’t part of the equation. It’s also frequently noted that the world of digital assets often looks like the Wild West and could benefit from more regulation. Some policymakers are [...] Read more at ETFtrends.com.
Autonomous ride-hailing isn’t yet ready for mass consumption, but a disruptive technology once seen as far-flung is inching closer to becoming a reality, and that reality carries with it a slew of investment implications. The ARK Autonomous Technology & Robotics ETF (CBOE: ARKQ) is one of the exchange traded funds most well-positioned to capitalize on [...] Read more at ETFtrends.com.
Globally listed environmental, social, and governance exchange traded funds have enjoyed record inflows over the first half of the year. According to ETFGI data, global ESG-related ETFs attracted $293 billion, and related exchange traded products brought in $83 billion. ESG ETFs brought in net inflows of $9.09 billion over June, bringing year-to-date net inflows to [...] Read more at ETFtrends.com.
If you follow us on LinkedIn, you will notice our desire to improve our vocabulary through the launch of the Auour Word of the Day (AWOTD). Within this note, you will see demonstrations of our fresh learnings. As with our last note, however, we are going to keep text to a minimum and not perorate [...] Read more at ETFtrends.com.
ARK Invest’s Ren Leggi, Client Portfolio Manager for ARK, sat down with ETF Trends’ CEO Tom Lydon and CIO Dave Nadig to continue their conversation on the four market inefficiencies found within the public equity markets for innovative stocks. In this week’s episode of The Switch, they discuss passive public markets. Nadig begins by explaining [...] Read more at ETFtrends.com.
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in this report, updating the report every Friday, along with an accompanying podcast and chart book. The pandemic-related expanded benefits for the unemployed are expected to end in September. States that have [...] Read more at ETFtrends.com.
Fixed-income exchange traded funds gained Friday as bond yields dipped on easing inflationary pressures. The personal consumption expenditures index, which the Federal Reserve looks at to gauge inflation, rose 3.5% in June year-over-year, or slightly below economists’ expectations of 3.6%, CNBC reports. The core PCE index was also up 0.4% month-over-month, compared to the 0.6% [...] Read more at ETFtrends.com.
On the basis of yield, emerging markets debt stands out compared to U.S. Treasuries. These days, that’s not particularly difficult, but it’s alluring for many income-starved investors. However, there are risks associated with bonds in developing economies, and some related central banks are starting to hike interest rates, indicating that investors considering this asset class [...] Read more at ETFtrends.com.
A change in leadership in the Oval Office often stirs talk about the regulatory environment for the healthcare sector. That talk is often elevated when one party controls the presidency and both houses of Congress, as is the case today. That doesn’t mean investors need to fret about exchange traded funds, such as the VanEck [...] Read more at ETFtrends.com.