Electric vehicles are already the talk of the automotive industry, a good sign for the KraneShares Electric Vehicles and Future Mobility Index ETF (KARS). Major executives are making aggressive electric vehicle adaptation predictions, according to a recent CNBC article. Per the article, “new energy vehicles will dominate the world’s largest auto market in about ten [...] Read more at ETFtrends.com.
Getting emerging markets (EM) exposure can be a volatile affair since their performance is often tied to local currencies, but there are options to counteract this effect with funds like the FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE). The fund seeks investment results that correspond generally to the price and yield performance of [...] Read more at ETFtrends.com.
Amid speculation that the yield curve is flattening, small cap stocks encountered headwinds last week with the Russell 2000 Index sliding 4.2%. Things were worse for the Invesco S&P SmallCap 600 Pure Value ETF (RZV). The previously hot exchange traded fund shed almost 6% as some market participants took the flattening yield curve as a [...] Read more at ETFtrends.com.
In a world of thematic clean energy funds, the ALPS Clean Energy ETF (ACES) is a rare example of a diversified clean energy fund. The $924.63 million ACES, which turns three years old next week, doesn’t home in on a specific clean energy niche. Rather, it provides exposure to nearly 10 industries, including the solar space. Solar stocks are [...] Read more at ETFtrends.com.
By Adam Grossman, CFA, Riverfront Investment Group SUMMARY Despite high current valuations we believe neither the Nasdaq nor the Dow is in a bubble; both are positioned to grow into their valuations based on strong expected earnings. We believe both index styles (Growth for Nasdaq and Value for Dow) will do better than fixed income [...] Read more at ETFtrends.com.
This is a huge week for online shoppers and the retailers who serve them. With the second day of Amazon’s 48-hour Prime Day event underway, the company is projected to have driven the most online sales over a 24-hour period so far in 2021, according to new data released Tuesday. Amazon Prime Day 2021 has become [...] Read more at ETFtrends.com.
The WisdomTree Cybersecurity Fund (NASDAQ: WCBR) jumped 14.39% for the month ending June 18. On its own, that’s an impressive performance, and one made even more so when considering the cybersecurity exchange traded fund topped the S&P 500 Technology Index by nearly 900 basis points over that period. Some of that bullishness is attributable to [...] Read more at ETFtrends.com.
As widely expected, the Fed held interest rates steady at a near-zero level in its latest meeting. U.S. interest rates have been this low since March 2020. However, the forecast revealed that 13 members of the Federal Open Market Committee believe the Fed will hike rates
The First Trust SSI Strategic Convertible Securities ETF is seeing unusually high volume in afternoon trading Tuesday, with over 1.4 million shares traded versus three month average volume of about 109,000. Shares of FCVT were down about 0.1% on the day.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco KBW Bank ETF, where 6,370,000 units were destroyed, or a 16.0% decrease week over week. Among the largest underlying components of
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Invesco S&P 500 Quality ETF which added 20,160,000 units, or a 34.4% increase week over week. Among the largest underlying components of SPHQ
In recent trading, shares of Marsh & McLennan Companies Inc. (Symbol: MMC) have crossed above the average analyst 12-month target price of $134.78, changing hands for $136.34/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to rea
In recent trading, shares of Magellan Midstream Partners LP (Symbol: MMP) have crossed above the average analyst 12-month target price of $50.30, changing hands for $50.98/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow
In recent trading, shares of Johnson Controls International plc (Symbol: JCI) have crossed above the average analyst 12-month target price of $64.67, changing hands for $66.33/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react:
In recent trading, shares of Howmet Aerospace Inc (Symbol: HWM) have crossed above the average analyst 12-month target price of $33.43, changing hands for $34.07/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of Jones Lang LaSalle Inc (Symbol: JLL) have crossed above the average analyst 12-month target price of $202.33, changing hands for $205.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 0-5 Year TIPS Bond ETF (Symbol: STIP) where we have detected an approximate $264.6 million dollar inflow -- that's a 4.8% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Cloud Computing ETF (Symbol: SKYY) where we have detected an approximate $501.9 million dollar inflow -- that's a 8.0% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHG ETF (Symbol: SCHG) where we have detected an approximate $171.2 million dollar outflow -- that's a 1.1% decrease week over week (from 104,900,0