While news that Virgin Galactic (SPCE) owner Richard Branson traveled into space on Sunday, igniting excitement for eager passengers who have the financial means to purchase the ultimate adventure, shares of Virgin Galactic nevertheless fell on Monday after the company filed to sell up to $500 million in common stock. But could the flight propel [...] Read more at ETFtrends.com.
Emerging Market (EM) investing has historically been dictated by EM indices, yet these EM indices are increasingly broken and obsolete by virtue of their narrow country concentration and outdated portfolio construction. These indices overlook the last sizeable untapped EM growth opportunities such as the Asian Growth Cubs – 5 large, fast-growing, and digitally-enabled countries in [...] Read more at ETFtrends.com.
The infrastructure sector has evolved, and investors can turn to an exchange traded fund strategy to gain exposure to the modern infrastructure industry. In the recent webcast, Infrastructure: A New Take on an Evergreen Concept, Christopher Huemmer, Senior Investment Strategist, Northern Trust Asset Management, explained that the infrastructure asset category that provides exposure to mid-stream [...] Read more at ETFtrends.com.
Bond yields have been falling, which begs the question: could inflationary pressures really be transitory? The Direxion Daily Financial Bear 3X ETF (FAZ) certainly hopes so. The Federal Reserve has already said it won’t raise rates for at least another year, which could mean less profits for banks that rely on revenues from lending products like [...] Read more at ETFtrends.com.
On Saturday July 3rd the Bitcoin algorithm adjusted to account for the massive number of Chinese miners currently offline. Mining difficulty nosedived by 28%. This is after difficulty had dropped by 16% on May 29th and 5% on June 13th. The decrease in difficulty of mining new Bitcoins is directly linked to China’s crackdown on [...] Read more at ETFtrends.com.
Inflation climbed closer to 4% (the highest mark in two decades), the Fed Balance Sheet eclipsed $8 Trillion, and housing prices stand nearly 40% higher than the peak of the Housing Bubble. These and other economic topics are examined in June’s edition of Julex’s Monthly Macro Chart Book. Click here to read the chartbook. Read more at ETFtrends.com.
On Friday, China announced it would add liquidity to boost the flagging recovery of the country’s economic system, according to the Wall Street Journal. While fears of inflation are beginning to relax in the Chinese financial sectors, they are being replaced by concerns that the economy’s recovery is slowing down too rapidly. Increased liquidity tends to [...] Read more at ETFtrends.com.
Long-term and short-term bonds, particularly safe haven government options like Treasury notes, can give portfolios the fixed income exposure they require. Which one is best for an investor? It depends what they’re looking for. “All else being equal, a bond with a longer maturity usually will pay a higher interest rate than a shorter-term bond,” [...] Read more at ETFtrends.com.
Last week, ETF industry veteran Bobby Brooks joined RiverFront Investment Group, a global asset manager and ETF strategist based in Richmond, VA, in a move that underscores just how transformative ETF model portfolios have been for the advisory business. Brooks will serve as president for the firm’s RiverShares ETF division, a rapidly growing unit that [...] 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. In our report from June 25, we discussed the data from the Financial Accounts of the [...] Read more at ETFtrends.com.
The iShares U.S. Regional Banks ETF is seeing unusually high volume in afternoon trading Monday, with over 7.8 million shares traded versus three month average volume of about 196,000. Shares of IAT were up about 0.4% on the day.
With markets soaring to new heights, getting core large cap exposure with a touch of quality may be optimal with funds like the FlexShares US Quality Large Cap Index Fund (QLC). “Nationwide COVID-19 vaccinations, soaring consumer and business sentiments, the gradual improvement in the struggling labor market, Fed’s ongoing easy-monetary policy and the Fed Chairman’s [...] Read more at ETFtrends.com.
Most of the economic indicators that we track, such as monetary conditions and business surveys, point to solid economic growth in the coming months and continuing into 2022. Though still strong, we expect the pace of economic growth to slow and have trimmed our 2021 GDP expectation to 6.5%. More impactful for our work, nominal [...] Read more at ETFtrends.com.
There’s a lot to like about European equities, but for investors who were previously lured into the asset class only to be left disappointed, a more restrained, income-based approach could merit consideration. The SmartETFs Dividend Builder ETF (DIVS) checks those boxes. DIVS, formerly an actively-managed mutual fund, is a global exchange traded fund featuring exposure [...] Read more at ETFtrends.com.
Bitcoin, the largest cryptocurrency by market capitalization, is in a severe funk. Late Friday July 9, Bitcoin traded around $33,700. It was trading north of $63,000 just 90 days before that. That slump is weighing on some stocks market participants view as equity-based plays on crypto assets. However, the ARK Fintech Innovation ETF (NYSEARCA: ARKF) [...] Read more at ETFtrends.com.
In trading on Monday, the Lithium ETF is outperforming other ETFs, up about 4.6% on the day. Components of that ETF showing particular strength include shares of Lithium Americas, up about 9.1% and shares of Albemarle, up about 8.6% on the day.
Summary Favorable home prices and a sharp recovery in housing starts have driven housing-related investments higher in 2021. However, SPDR S&P Homebuilder ETF (XHB) has outperformed peer iShares U.S. Home Construction ETF (ITB) in 2021 by a wider gap than the funds’ expense ratios. These similar-sounding ETFs are constructed differently, with ITB having approximately a [...] Read more at ETFtrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SCHF ETF, which added 4,400,000 units, or a 0.6% 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 Invesco DWA Healthcare Momentum ETF (Symbol: PTH) where we have detected an approximate $161.5 million dollar outflow -- that's a 23.3% decrease wee