Robinhood Markets Inc. filed to go public this month, but the filing review process has been slowed down by the SEC due to back-and-forth over its prospectus, Bloomberg reports. Initially, Robinhood filed for an IPO in March, but according to Bloomberg’s sources, the plan could slip into late summer or even into the fall. According to [...] Read more at ETFtrends.com.
The U.S. housing sector has been consistently grappling with soaring softwood lumber prices and other material and labor costs. Now, the new home sales falling to a one-year low in May highlights the same. Per the U.S. Census Bureau and the U.S. Department of Housing and
Income generation in the current market environment can be challenging, as rising inflation weighs on real yields. Nevertheless, certain investors have persevered with dividend strategies that outperform inflationary pressures. In the upcoming webcast, Yield vs Growth: How to Fight Inflation with Dividends, Matthew Page, Portfolio Manager, SmartETFs, will outline a strategy that provides consistent dividend [...] Read more at ETFtrends.com.
By Bill O’Grady & Patrick Fearon-Hernandez, CFA (Due to the Independence Day holiday and a short summer hiatus, the next report will be published July 12.) As is our custom, we update our geopolitical outlook for the remainder of the year as the first half comes to a close. This report is less a series [...] Read more at ETFtrends.com.
Enphase Energy Stock has been on fire the past year, rising over 280%, which is good news for the Invesco Solar ETF (TAN) since it’s the fund’s top holding at 11% of its assets. Enphase’s rise was further strengthened as the market effects of the pandemic began to wane. “The global spread of coronavirus initially saw [...] Read more at ETFtrends.com.
As one of the primary (and most discussed) investment factors, low volatility and exchange traded funds like the Invesco S&P 500 Low Volatility ETF (SPLV) don’t jump off the screen as contrarian ideas. However, low volatility is like any other factor – growth, value, etc. – in that there are times when it’s in favor [...] Read more at ETFtrends.com.
As investors look to the possibility of rising inflation ahead, they should consider the role of real assets and related exchange traded fund strategies to hedge the potential risks in this cycle. In the recent webcast, Inflation is Here. Time to Get Real with Real Assets, David Schassler, Portfolio Manager and Head of Quantitative Investment [...] Read more at ETFtrends.com.
The latest data coming out of China show an uneven recovery, but the retail industry still remains a bright spot, aiding funds like the KraneShares MSCI All China Consumer Discretionary Index ETF (KBUY). Per a South China Morning Post article: “Julian Evans-Pritchard, senior China economist at Capital Economics, said that on a month-on-month basis, domestic [...] Read more at ETFtrends.com.
Helped by a bounce in growth stocks, the ARK Autonomous Technology & Robotics ETF (CBOE: ARKQ) gained 6.36% last week, or more than half its year-to-date gain of 12.50%. Rebounding growth stocks are, of course, meaningful to an exchange traded fund emphasizing themes such as 3D printing, artificial intelligence (AI), and energy storage, among others. [...] Read more at ETFtrends.com.
Although the stock market continues to trade near all-time highs, some experts are expressing concerns that the Federal Reserve may be downplaying the effects of inflation, potentially placing the U.S. at risk for another recession. Mohamed El-Erian, chief economic advisor at Allianz, is one financial pundit who is troubled by the Fed’s complacency. Chairman Powell and [...] Read more at ETFtrends.com.
The Palestine Monetary Authority is considering a digital currency, according to a recent Bloomberg report. According to Feras Milhem, the Governor of the Palestinian Monetary Authority, in an interview with Bloomberg Television, the hope is to eventually institute a digital currency for payment systems both within Palestine and with Israel and other countries. Under the 1995 [...] Read more at ETFtrends.com.
The Nasdaq-100 Index (NDX) is known for being a growth benchmark, one that boasts a lengthy track record of topping the S&P 500. Yet i’s not known for being a premier income destination. Today, NDX yields just 0.52%, and that’s despite years of the technology sector being a prime spot for dividend growth. There are, [...] Read more at ETFtrends.com.
There’s plenty of talk about the trying fixed income climate advisors and investors are facing this year, but broadly speaking, catastrophe is being averted, and some corners of the bond market are proving surprisingly resilient. Still, investors are apt to be concerned about the effects inflation, transitory as it may prove to be, will have [...] Read more at ETFtrends.com.
Renewable energy exchange traded funds were among 2020’s most scintillating thematic offerings before giving way to profit-taking earlier this year. Much of that was attributable to “sell the news” treatment as investors that bid higher on ETFs like the Invesco WilderHill Clean Energy ETF (PBW). While PBW is down about 13% year-to-date, investors may want [...] Read more at ETFtrends.com.
Inflation is here, and though it may be transitory, investors are still evaluating ways to buffer portfolios against rising consumer prices. One of the most frequently used assets in inflationary environments is Treasury Inflation-Protected Securities (TIPS). In prior eras of inflation, advisors and clients alike flocked to TIPS because these bonds issued by the U.S. [...] Read more at ETFtrends.com.
Last week was extremely upbeat for U.S. stocks. The S&P 500 logged the best week since February, per a MarketWatch article. Slightly tamer-than-expected inflation data probably boosted the investors’ sentiments. The personal consumption expenditures (PCE) price inde
The First Trust SSI Strategic Convertible Securities ETF is seeing unusually high volume in afternoon trading Monday, with over 831,000 shares traded versus three month average volume of about 124,000. Shares of FCVT were off about 0.2% on the day.
In trading on Monday, the Invesco Solar ETF is outperforming other ETFs, up about 5.1% on the day. Components of that ETF showing particular strength include shares of Jinkosolar Holding, up about 20.5% and shares of Daqo New Energy, up about 13.6% on the day.
The U.S. IPO market is sizzling this year, as companies broke the annual 2020 record in raising capital within less than six months. This is especially true, as IPOs have raised $171 billion so far this year, surpassing last year's record of $168 billion, according to dat
As was widely expected, major domestic banks passed the Federal Reserve’s most recent stress test, paving the way for the central bank to sign off on dividend increases and share repurchases. Shareholder rewards, often one of the primary reasons to embrace the financial services sector, could be to the benefit of an array of exchange [...] Read more at ETFtrends.com.