In trading on Thursday, shares of the BAR ETF (Symbol: BAR) crossed above their 200 day moving average of $18.17, changing hands as high as $18.18 per share. BAR shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of BAR share
In trading on Thursday, shares of the BLOK ETF (Symbol: BLOK) crossed below their 200 day moving average of $41.76, changing hands as low as $41.43 per share. BLOK shares are currently trading down about 3% on the day. The chart below shows the one year performance of BLOK sh
Financial sector exchange traded funds were higher Thursday as the corporate earnings season helped lift bank stocks. On Thursday, the Invesco KBW Regional Bank Portfolio (NYSEArca: KBWR) rose 0.2% while the SPDR S&P Bank ETF (NYSEArca: KBE) rose 0.4%. Meanwhile, the broader Financial Select Sector SPDR (NYSEArca: XLF) was flat. “Markets were priced for perfection, and now [...] Read more at ETFtrends.com.
Surprisingly sturdy fundamentals, among other factors, have high-yield bonds on a roll this year, depressing yields in the process. Factor-based exchange traded funds like the Invesco High Yield Bond Factor ETF (IHYF) can help investors stay on the right side of income and quality in the junk bond space while simultaneously capitalizing on credit opportunities. Actively [...] Read more at ETFtrends.com.
Renewable energy exchange traded funds, including the ALPS Clean Energy ETF (ACES), could soon re-enter the limelight thanks to the familiar catalyst of domestic politics. Earlier this week, Senate Democrats reached a $3.5 trillion budget resolution that provides for much of President Biden’s ambitious renewable energy agenda – the very thing that stoked the fires of ACES and [...] Read more at ETFtrends.com.
International equities gained Thursday, with emerging markets and related exchange traded funds taking charge as updated Chinese economic growth data fueled expectations of more liquidity. Chinese stocks, which make up the lion’s share of major emerging market benchmarks, rallied as investors looked to more liquidity measures from the People’s Bank of China, following second quarter [...] Read more at ETFtrends.com.
Recently, Treasury yields have slipped, pressuring the cyclical value trade that drove domestic equity markets higher through much of the first half of 2021. While lower 10-year yields are seen as a positive for growth stocks, some market observers are concerned by the rapid decline in those yields, which hover around the lowest levels since [...] Read more at ETFtrends.com.
China country-specific exchange traded funds advanced Thursday as new economic data helped assuage fears of an imminent slowdown. On Thursday, the iShares MSCI China ETF (NASDAQ: MCHI) gained 0.7%, the Xtrackers CSI 300 China A-Shares ETF (ASHR) rose 1.1%, and the KraneShares Bosera MSCI China A Share ETF (KBA) increased 1.2%. China’s economic growth was just shy [...] Read more at ETFtrends.com.
By: BCM Investment Team In the first quarter we reflected on the amazing dichotomy between Q1 2020 and Q1 2021, and yet, despite the rapid changes we have seen in the past 18 months, we might dare refer to Q2 2021 as “predictable”. Many of the major trends we mentioned last quarter remain firmly in [...] Read more at ETFtrends.com.
The First Trust Small Cap Value AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Thursday, with over 139,000 shares traded versus three month average volume of about 53,000. Shares of FYT were down about 0.4% on the day.
China is nearing the launch of its own carbon market, which will become the world’s largest and double the current global emissions covered under cap-and-trade programs worldwide. The market will launch Friday, according to the Wall Street Journal. China is currently the largest emitter of carbon globally. In creating the carbon market, it is setting its [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the Invesco Emerging Markets Sovereign Debt ETF (Symbol: PCY) crossed above their 200 day moving average of $27.68, changing hands as high as $27.70 per share. Invesco Emerging Markets Sovereign Debt shares are currently trading up about 0.3%
More than eight in ten asset managers said that ESG is one of their company’s top priorities, according to data from the Index Industry Association’s (IIA) 2021 International Survey Of Asset Managers report, “Measurable Impact: Asset Managers On The Challenges And Opportunities Of ESG Investment.” The survey consisted of 300 interviews across the industry and [...] Read more at ETFtrends.com.
By Elisabeth Kashner, CFA Innovation in the exchange-traded fund (ETF) space just reclaimed the shareholder vote for those looking to put their money in environmental, social, and governance (ESG) focused investments. The ESG conundrum—the trade-off between active risk and impact investing—is no more. For many market participants, this has been a long time coming. ETF innovation, [...] Read more at ETFtrends.com.
On Thursday, Goldman Sachs Asset Management announced the launch of the Goldman Sachs Future Planet Equity ETF (GSFP). GSFP is the first transparent, actively managed equity ETF launched by Goldman Sachs and expands the firm’s existing suite of thematic ETFs designed to help investors position their portfolios on the right side of disruption by providing [...] Read more at ETFtrends.com.
China’s imports and exports grew in June at a faster pace than expected, as reported by the Wall Street Journal, portending continued economic growth in a country still mired in Covid-19 outbreak fears. Exports for the country increased 32.2% over last year (measured in U.S. dollars), continuing May’s upward trend of 27.9% growth. Economists polled by [...] Read more at ETFtrends.com.
There has recently been a broad‑based rally in value stocks over the past six months, but understanding secular risk is still critical for value‑oriented investors. Still, there’s a potential for the rally in cyclical stocks to continue, though in favor of names with higher-quality business models. In the T. Rowe Price Article, “Seeking Value Stocks [...] Read more at ETFtrends.com.
Domestic fixed income investors aren’t relegated to the U.S. when it comes to yield, particularly with ETF opportunities like the Global X Super Dividend REIT ETF (SRET). SRET invests in real estate investment trusts (REITs), which gives real estate exposure to investors seeking that diversification of their portfolio through alternative assets. REITS are entities formed for [...] Read more at ETFtrends.com.
The energy sector posted a strong first half to 2021, but can it sustain its rally? Leveraged funds like the Direxion Daily Energy Bull 3X Shares (ERX) will be hoping so. “The S&P 500 index had a more than 15% total return in the first half of the year,” a Pensions & Investments article said. “The energy [...] Read more at ETFtrends.com.