By Timothy Calkins, CFA Environmental, Social, and Governance (ESG) concerns have continued to build upon their recent notoriety. Investment flows into ESG integrated investment strategies were growing rapidly, even while a very anti-ESG Administration was in office. With President Biden’s election, this growth has only accelerated. The personnel that has been put in place will [...] Read more at ETFtrends.com.
On Wednesday, growth stocks and related exchange traded funds were relatively flat but held up better than their value counterparts as Federal Reserve officials signaled an interest rate hike that will come sooner than previously expected. U.S. markets weakened after encouraging signs that developed economies were ending lockdowns and central banks would keep easy money [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the ETFS Physical Swiss Gold Shares ETF (Symbol: SGOL) crossed below their 200 day moving average of $17.71, changing hands as low as $17.59 per share. ETFS Physical Swiss Gold Shares shares are currently trading down about 1% on the day. Th
The global demand outlook for oil is improving as coronavirus vaccines are being rolled out to tame the outbreak, which has disrupted the economic growth worldwide. Riding on the upbeat demand scenario, the global benchmark Brent recently closed at $75 a barrel, per a Blo
Financial advisors who are seeking ways to enhance their practices can utilize fundamentals-based model portfolios to reduce the risk of wealth-destroying downturns. In the recent webcast, Beware the Bubble: Investing in an Overvalued Market, Matthew Bartolini, Head of SPDR Americas Research, State Street Global Advisors, provided an overview of the current market conditions, with many [...] Read more at ETFtrends.com.
As world economies open up, oil prices are back to levels not seen in three years. ETF Trends CEO Tom Lydon joined Maria Bartiromo on “Mornings with Maria” to discuss rising oil prices ahead of the G-7 Summit meeting between President Joe Biden and Russian Prime Minister Vladimir Putin. With oil prices at around $72 [...] Read more at ETFtrends.com.
In any industry, it’s crucial for companies to know when to part with an asset or a business. However, selectivity in divestments is important, too. After years of feasting on low interest rates and favorable energy prices, midstream operators, including those residing in the ALPS Alerian MLP ETF (NYSEArca: AMLP), are renewing their devotion to [...] Read more at ETFtrends.com.
Investors and traders have been anxiously awaiting the Federal Reserve meeting, where interest rate policy is set. Markets have been unusually quiet, trading lower in advance of the meeting, even though the central bank is not predicted to make any significant policy actions. Stock index futures and ETFs were largely unchanged in Wednesday morning trading, [...] Read more at ETFtrends.com.
By Michael Venuto, Co-founder & CIO, Toroso Investments Last week, ETF Think Tank Contributors Michael Gayed and Mike Venuto traveled to their first in person investment conference since the beginning of the pandemic. The Money Show event brought investors and thought leaders together for three days of investment education and networking. Michael Gayed was there to discuss [...] Read more at ETFtrends.com.
El Salvador became the first country to approve bitcoin as a legal tender last Wednesday, reports the Wall Street Journal. Businesses will now be required to accept Bitcoin payments for goods and bank loans, and the government will allow citizens to use Bitcoin to pay taxes. According to President Nayib Bukele, adopting Bitcoin will allow [...] Read more at ETFtrends.com.
The tightening of credit spreads may dissuade fixed income investors from heading into corporate bonds, but an added dose of scoring efficiency can help ease credit risk concerns with the FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR). Rising yields are forcing credit spreads to tighten, which might cause investors to opt for the [...] Read more at ETFtrends.com.
Biotech stocks are shining in June after underperforming the broader indexes for the past few months. Last week was the best week for major biotech ETFs since November as Biogen’s (BIIB) stock surged after the FDA approved its Alzheimer’s drug.
The Markit iBoxx USD Liquid High Yield Index, a widely observed basket of high-yield corporate debt, is basically flat this year, and with credit spread narrowing, some active high-yield bond managers are reaching into the depths of the asset class to generate returns. Credit spreads measure the added yield an investor receives for taking on [...] Read more at ETFtrends.com.
In trading on Wednesday, the Invesco Solar ETF is outperforming other ETFs, up about 3.2% on the day. Components of that ETF showing particular strength include shares of Sunrun, up about 12.4% and shares of Beam Global, up about 8.8% on the day.
As pressure mounts from lawmakers, investors, and the public for companies to increase their environmental, social, and governance goals, companies across industries are spending more to align their businesses with stricter emissions targets and other environmental goals, reports the Wall Street Journal. Companies that aren’t inherently built on ESG principles are finding that they are [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the WisdomTree China ex-State-Owned Enterprises Fund ETF (Symbol: CXSE) crossed below their 200 day moving average of $64.76, changing hands as low as $64.03 per share. WisdomTree China ex-State-Owned Enterprises Fund shares are currently tra
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard FTSE Developed Markets ETF (Symbol: VEA) where we have detected an approximate $779.5 million dollar inflow -- that's a 0.8% increase week
On June 16, ETF Managers Group launched its first leveraged and inverse products, including a 2x bullish play on its travel tech fund and a pair of 2x bull/bear vehicles based on its junior silver miners ETF. A 2x leveraged ETF provides 200% of the daily investment return of its underlying index (or -200%, in [...] Read more at ETFtrends.com.
Natural gas price has been surging lately on hot weather forecast for the summer season. According to National Oceanic and Atmospheric Administration, the weather is expected to remain warmer than normal over most of the West Coast and mid-West over the next 8-14 days, pr