Lumber prices are rising, which could push housing prices higher and strengthen the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL). As the global economy continues to re-open, the demand for housing continues to remain elevated. However, low supply has been pushing prices higher, and now, the cost of materials like lumber is rising as well. [...] Read more at ETFtrends.com.
Empowering women and minority entrepreneurs is the key to strengthening minority communities, argues CEO and Founder of Lafayette Square Damien Dwin in a recent article for Financial Times. True growth depends on economic justice, which will not be achieved, Dwin writes, until “people of colour and women have the chance to start and develop thriving [...] Read more at ETFtrends.com.
Rising inflation is opening pathways for savvy investors looking at assets like the FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR). As the expectation of rising rates ticks higher with rising prices, commodities and natural resources offer an ideal hedge. GUNR combines that trait with the convenience of an ETF wrapper that holds multiple [...] Read more at ETFtrends.com.
The 2021 asset-gathering pace of exchange traded funds is simply breathtaking. Last month, equity-based ETFs added $41 billion of inflows, bringing the year-to-date tally to $295.4 billion. In five months stock ETFs eclipsed their 2020 inflows. Not surprisingly, the eagerness of investors – both professionals and retail – to embrace ETFs is benefiting an array [...] Read more at ETFtrends.com.
May was decent for stocks, mainly due to the gradual economic reopening and lower virus cases in the United States. Vaccine distribution and upbeat economic data points gave a material boost to the U.S. treasury yields. As of Jun 1, 2021, the benchmark U.S. treasury yield
With a much-anticipated jobs report out of the way on Friday, investors are breathing a sigh of relief, as the Federal Reserve is unlikely to begin tapering, despite the strong payroll data. Hiring continued in May, with the addition of 559,000 new jobs, but that figure still wasn’t enough to compel the Federal Reserve to discuss tapering [...] Read more at ETFtrends.com.
In trading on Friday, the SPDR— S&P— Semiconductor ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Kopin, up about 10% and shares of Synaptics, up about 6% on the day.
On a seemingly monthly basis this year, actively managed exchange traded funds are topping previously set assets under management records. Further confirmation of that comes by way of the increasing number of vaunted fund managers with deep legacies with actively managed mutual funds that are entering the ETF arena. Some are choosing to do that [...] Read more at ETFtrends.com.
After being confined to our homes for over a year, it’s time to consider more traveling and reconnecting. On Friday, Defiance ETFs launched the Hotels, Airlines, and Cruise ETF ($CRUZ) – “the travel reopening trade.” Defiance’s CRUZ ETF gives investors access to stocks from the global travel industry in a post-Covid world. More specifically, CRUZ gives [...] Read more at ETFtrends.com.
On Tuesday, the World Health Organization approved a Covid-19 vaccine produced by Sinovac Biotech for emergency use, the second vaccine created in China to be approved according to Reuters. That could be good news for the KraneShares Emerging Market Healthcare Index ETF (NYSE: KMED), which holds several Chinese pharmaceutical stocks. Although Sinovac isn’t one of [...] Read more at ETFtrends.com.
Since it first entered the investment lexicon in earnest in 2013, the phrase “taper tantrum” has spooked investors. That’s understandable, because the term describes withdrawal of central bank purchases of assets, usually fixed income instruments, and that buying has been supportive of riskier assets, including equities, over the past 15 months. Fears of tapering by [...] Read more at ETFtrends.com.
Amid rising inflation fears, the Global X Silver Miners ETF (SIL) has gained about 19% the past month, prompting investors to wonder whether the precious metal is back with a vengeance. The play on silver could be an inflation hedge. Even though the Federal Reserve has been relatively unclear on whether it will raise rates, the [...] Read more at ETFtrends.com.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI USA Momentum Factor ETF, where 19,600,000 units were destroyed, or a 18.7% decrease week over week. Among the largest underly
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Invesco Dynamic Leisure and Entertainment ETF, which added 7,910,000 units, or a 21.9% increase week over week. Among the largest underlying comp
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Dynamic Large Cap Value ETF (Symbol: PWV) where we have detected an approximate $182.6 million dollar inflow -- that's a 24.0% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500— Pure Value ETF (Symbol: RPV) where we have detected an approximate $342.6 million dollar inflow -- that's a 11.8% increas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P 500— ETF Trust (Symbol: SPY) where we have detected an approximate $795.8 million dollar inflow -- that's a 0.2% increase
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 $164.6 million dollar inflow -- that's a 3.2% 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 The Consumer Discretionary Select Sector SPDR— Fund (Symbol: XLY) where we have detected an approximate $195.1 million dollar outflow -- that'