The SEC delayed decision-making on yet another Bitcoin ETF proposal, the First Trust Skybridge Bitcoin ETF, according to a July 7th filing. According to the filing, the review period is being extended 45 days, with the new date for a decision set at August 25th. The SEC can extend the review period for a maximum [...] Read more at ETFtrends.com.
Restricted stock and employee stock options are commonly-awarded types of equity compensation that you may receive as part of your overall pay from your employer. While both restricted stock and employee stock options are forms of equity, they each have particular features and are treated very differently from a tax perspective. Restricted stock units or awards [...] Read more at ETFtrends.com.
Asian growth cubs are a critical component of any emerging markets (EM) portfolio. The Cubs are now directly accessible to U.S. investors through an innovative and pioneering exchange traded fund strategy. In the recent webcast, Beyond China and India: Investing in the Next Generation of Emerging and Frontier Markets, Maurits Pot, Founder & CIO, Dawn [...] Read more at ETFtrends.com.
For yield-starved investors, ETFs holding real estate investment trusts (REITs) have historically been an attractive option for regular portfolio income. But one often overlooked type of REIT is offering particularly attractive yields: the mortgage REIT (mREIT). Two of the top five highest-yielding REIT ETFs are mortgage REITs. The VanEck Vectors Mortgage REIT Income ETF (MORT) [...] Read more at ETFtrends.com.
Electric vehicle sales in China continue to rocket upward, as the demand grows for the emission-friendly automobiles. The China Association of Automobile Manufacturers (CAAM) recently reported record electric vehicle (EV) sales for the month of June. That could benefit the KraneShares Electric Vehicles and Future Mobility ETF (NYSE: KARS), which holds roughly 15% of its portfolio in [...] Read more at ETFtrends.com.
On Tuesday, Cabana Asset Management, a wholly-owned subsidiary of The Cabana Group, LLC and an SEC-registered investment adviser providing risk-managed investment products to investors, advisors, and institutions, announced the expansion of its ETF lineup with the launch of the Cabana Target Leading Sector ETFs, CLSC, CLSM, and CLSA, in partnership with private label ETF advisor Exchange [...] Read more at ETFtrends.com.
Expectations for increased inflation may have been warranted, as consumer prices just notched their most sizable one-month increase in almost 13 years. But although inflationary concerns have been spooking investors and fund managers of late, the reason for the consumer price jump may be a bit more innocuous this time around. The June Survey of [...] Read more at ETFtrends.com.
For investors looking to park cash in something other than a low-yielding money market fund, there are several options available. One is ultra-short bond funds, which Vanguard can offer with exchange traded funds (ETFs) like the Vanguard Ultra-Short Bond ETF (VUSB). “Ultra-short bond funds have become popular because they offer higher yields than money market [...] Read more at ETFtrends.com.
Downward pressure continues to push yields lower, which is forcing fixed income investors to seek other sources of yield and making the Russell 2000 Covered Call ETF (RYLD) a prime option. Small cap exposure can give investors the growth component they are seeking as markets continue to rebound from the pandemic. Additionally, a buy-write strategy using [...] Read more at ETFtrends.com.
The iShares Global Materials ETF is seeing unusually high volume in afternoon trading Tuesday, with over 209,000 shares traded versus three month average volume of about 93,000. Shares of MXI were off about 0.4% on the day.
In trading on Tuesday, the Gold Miners ETF is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of Harmony Gold Mining, up about 6.8% and shares of Kirkland Lake Gold, up about 4.9% on the day.
On Tuesday, Pacer ETFs, an ETF provider that offers strategy-driven, rules-based ETFs, announced the launch of two U.S. large cap dividend ETFs, QDPL and TRPL, in partnership with financial innovation and asset management company Metaurus Advisors, LLC. The two new unique, dividend-focused ETFs are now available on the New York Stock Exchange. The first fund is [...] Read more at ETFtrends.com.
By John A. Forlines III, Chief Investment Officer Since our last Markets in Motion, our Global Macro view has begun to playout. Since mid-May, growth/quality equities have turned from laggards to leaders as cyclical assets have faltered. We think this move has only just begun and we remain convicted in our positioning. This month, we [...] Read more at ETFtrends.com.
Investing in the Secular Remote Revolution. The Direxion Work From Home ETF (NYSE: WFH) celebrated its first birthday on June 25, 2021. A year ago, some on the Twittersphere cited its launch as emblematic of the top for stocks associated with empowering remote work. Morningstar even went so far to name WFH one the worst new ETFs of [...] Read more at ETFtrends.com.
More than 75 companies are currently lobbying lawmakers to enact a federal “clean energy standard” (CES), according to Axios. Companies such as Apple (AAPL), General Motors (GM), Unilever (UL), and Ebay (EBAY) have all joined forces to exert pressure on Congress to step up in creating a CES. The open letter, sent to Capitol Hill, [...] Read more at ETFtrends.com.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Russia ETF, where 3,050,000 units were destroyed, or a 4.6% decrease week over week. Among the largest underlying components of RSX, in mo
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Invesco Preferred ETF, which added 4,200,000 units, or a 0.9% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 Growth ETF (Symbol: IWO) where we have detected an approximate $77.0 million dollar outflow -- that's a 0.6% 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 Invesco S&P 500— High Beta ETF (Symbol: SPHB) where we have detected an approximate $90.1 million dollar outflow -- that's a 4.4% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro S&P500 (Symbol: UPRO) where we have detected an approximate $108.5 million dollar outflow -- that's a 3.9% decrease