Nasdaq ETFs

For investors looking for momentum, Vanguard Mega Cap ETF MGC is probably a suitable pick. The fund just hit a 52-week high and is up 42.8% from its 52-week low price of $105.82/share.

On Thursday, WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager, announced the launch of the WisdomTree U.S. Growth & Momentum Fund (WGRO) on the NASDAQ stock exchange. WGRO seeks to track the price and yield performance, before fees and expenses, of the O’Neil Growth Index™, [...] Read more at ETFtrends.com.

On Thursday, Amplify ETFs announced the launch of the Amplify Cleaner Living ETF (NYSE: DTOX), an index-based ETF investing in companies focused on the increasing consumer preference for cleaner products and services across a variety of industries. DTOX seeks investment results that generally correspond to the Tematica BITA Cleaner Living Index. Cleaner living has moved into [...] Read more at ETFtrends.com.

The Social Media Index ETF is seeing unusually high volume in afternoon trading Thursday, with over 312,000 shares traded versus three month average volume of about 56,000. Shares of SOCL were up about 0.4% on the day.

In trading on Thursday, the SPDR— S&P— Metals & Mining ETF is outperforming other ETFs, up about 2.8% on the day. Components of that ETF showing particular strength include shares of Arch Resources, up about 6.2% and shares of Peabody Energy, up about 5.7%

In spite of this year’s challenging fixed income environment, bonds remain vital portfolio components for retirement investors. How the bonds are deployed in retirees’ portfolios is meaningful as well. For investors with tax-advantaged accounts, embracing a taxable bond fund makes sense, but for those with the bulk of their assets in a taxable account, municipal [...] Read more at ETFtrends.com.

The strength of emerging markets (EM) is typically tied to their currencies, and that’s exactly what’s happening with Brazil’s real, making way for gains in the Direxion Daily MSCI Brazil Bull 3X ETF (BRZU). “Brazil’s real is now at a more ‘favorable’ level and is likely to strengthen much further, Economy Minister Paulo Guedes said [...] Read more at ETFtrends.com.

The Federal Reserve’s first rate hike may be moved up by one year to 2023, according to the central bank’s economic projections The Federal Reserve’s meeting last week sparked a selloff in stocks and bonds as the central bank’s projections showed it may bump up interest rates by the end of 2023, a year earlier [...] Read more at ETFtrends.com.

By: BCM Investment Team Producer price increases have paused to catch their breath in Richmond, and though existing home sales are slowing, housing price gains are continuing to soar—all while remaining under the radar of CPI. While Fed Chairman Powell remained firm in yesterday’s testimony that the inflation spike will reverse itself as the reopening [...] Read more at ETFtrends.com.

The COVID-19 pandemic has taught us all many lessons. We are all armchair experts in mRNA and virology, and we’ve (mostly) worked out how to work from home. But there are lessons for markets, too.

By J. Keith Buchanan, CFA, Portfolio Manager, GLOBALT Investments The underlying theory. Harry Markowitz, known by many as the father of modern portfolio theory, might have been on to something back seventy years ago. He would later become a Nobel Laureate for a lifetime of work understanding and articulating the theory that allocating resources to a [...] Read more at ETFtrends.com.

On Tuesday, the SEC announced that it was extending the review period for the Valkyrie Bitcoin Fund application, which was filed by Valkyrie Investments in January of this year. In May, the SEC extended the decision making period for the Valkyrie Bitcoin Fund by 45 days. The new date for decision-making is set to be [...] Read more at ETFtrends.com.

CFRA’s ETF star ratings are derived from what is inside the portfolio and how much it costs rather than solely relying on past performance. The value of this approach is particularly notable when an ETF changes its tracking index, as this makes the fund’s track record less useful. For example, iShares Biotechnology ETF (IBB) and [...] Read more at ETFtrends.com.

Metals have been the strongest performers the past month when looking at the top gainers in Global X’s thematic ETF stable. With the Federal Reserve deciding to stand pat on interest rate raises until 2023, investors could be moving back into metals again. Global X funds focusing on silver, gold exploration, and uranium have all [...] Read more at ETFtrends.com.

Prime Day 2021 was yet another record-breaking, two-day event for the e-commerce behemoth Amazon AMZN. Online sales surged 6.1% year over year to $11 billion in the 48-hour shopping event, topping the record $10.9 billion in e-commerce spending on Cyber Monday in 2020, ac

Bitcoin was laboring around $33,300 late Wednesday, a far cry from the all-time highs near $63,000 that were seen in mid-April. What was once a digital asset with a market value of north of $1 trillion now has a market capitalization of $623.12 billion (as of late June 23). That decline isn’t preventing some well-known [...] Read more at ETFtrends.com.

In trading on Thursday, shares of the EMQQ ETF (Symbol: EMQQ) crossed above their 200 day moving average of $62.56, changing hands as high as $62.60 per share. EMQQ shares are currently trading up about 1% on the day. The chart below shows the one year performance of EMQQ sha

In trading on Thursday, shares of the ProShares ProShares UltraPro Short QQQ ETF (Symbol: SQQQ) entered into oversold territory, changing hands as low as $9.42 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indi

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR Portfolio Mortgage Backed Bond ETF, which added 7,900,000 units, or a 5.6% increase week over week.

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Daily Junior Gold Miners Index Bear 2X Shares, where 3,800,000 units were destroyed, or a 32.0% decrease week over week.