The pharmaceuticals industry got a boost last year when a Covid-19 vaccine was introduced, but artificial intelligence (AI) could keep the sector and ETFs like the VanEck Vectors Pharmaceutical ETF (PPH) going. AI technology is making its way into a number of industries, including pharmaceuticals. With transformative solutions like AI paving the way for reduced [...] Read more at ETFtrends.com.
Oil price is riding high on optimism over rising demand for jet fuel during the summer driving season of the United States, the world's top oil consumer. Notably, Brent topped $71 per barrel — the highest since March.This is especially true, as gasoline consumption incr
There’s a dividend resurgence brewing in 2021, but that trend isn’t confined to domestic stocks. After paring or suspending payouts following the onset of the coronavirus pandemic, plenty of international companies are looking to restore and grow their payouts. That could bring the Vanguard International Dividend Appreciation ETF (NasdaqGM: VIGI) into focus. VIGI tracks the [...] Read more at ETFtrends.com.
The CEF Municipal Income ETF is seeing unusually high volume in afternoon trading Tuesday, with over 163,000 shares traded versus three month average volume of about 36,000. Shares of XMPT were up about 0.1% on the day.
In trading on Tuesday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 5.2% on the day. Components of that ETF showing particular strength include shares of SM Energy, up about 12.8% and shares of Devon Energy
U.S. stocks gained last week on the prospect of a sustained rebound in the world’s largest economy that outweighed inflation worries. The blue-chip Dow Jones and the S&P 500 broke their two-week losing streak, jumping 0.9% and 1.2%, respectively, while the tech heav
Key Takeaways iShares Edge MSCI USA Momentum ETF (MTUM) was just reconstituted in late May based on updated 6- and 12-month performance data. As sentiment shifted from growth to value, turnover occurred largely as CFRA previously predicted. Information Technology exposure was cut in half with Apple (AAPL) and Microsoft (MSFT) were among the six prior [...] Read more at ETFtrends.com.
The age-old growth vs. value tussle is on full display in 2021, with the latter maintaining the upper hand thus far. As of May 28, the S&P 500 Value Index is higher by 17.7%, or more than double the 8.3% returned by the S&P 500 Growth Index. Moreover, some market observers believe the growth-to-value rotation [...] Read more at ETFtrends.com.
The month of May witnessed wild swings particularly triggered by inflation worries that led to a broad sell-off in growth stocks like technology. As such, the tech-heavy Nasdaq Composite Index suffered a 1.5% loss, snapping a six-month streak of wins.A key inflation indic
In trading on Tuesday, shares of the iShares California Muni Bond ETF (Symbol: CMF) crossed below their 200 day moving average of $62.48, changing hands as low as $62.44 per share. iShares California Muni Bond shares are currently trading down about 0.1% on the day. The chart
In trading on Tuesday, shares of the MINT ETF (Symbol: MINT) crossed below their 200 day moving average of $101.99, changing hands as low as $101.97 per share. MINT shares are currently trading trading flat on the day. The chart below shows the one year performance of MINT sh
In trading on Tuesday, shares of the EMQQ ETF (Symbol: EMQQ) crossed above their 200 day moving average of $61.87, changing hands as high as $63.82 per share. EMQQ shares are currently trading up about 3% on the day. The chart below shows the one year performance of EMQQ shar
In trading on Tuesday, shares of the ARKW ETF (Symbol: ARKW) crossed below their 200 day moving average of $137.28, changing hands as low as $136.92 per share. ARKW shares are currently trading trading flat on the day. The chart below shows the one year performance of ARKW sh
For some time, our view has been that the economy is accelerating (which bodes well for inflation sensitive assets, cyclicals, and small & mid-cap stocks), bonds will struggle, investors should be overweight stocks, etc. From my vantage point, Astoria has been on the forefront advising our clients (dating back to Q3/Q4 last year) to do [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the iShares China Large-Cap ETF (Symbol: FXI) crossed above their 200 day moving average of $46.54, changing hands as high as $47.59 per share. iShares China Large-Cap shares are currently trading up about 2.4% on the day. The chart below show
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares TIPS Bond ETF (Symbol: TIP) where we have detected an approximate $281.1 million dollar inflow -- that's a 1.0% increase week over week in o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Energy Select Sector SPDR— Fund (Symbol: XLE) where we have detected an approximate $216.6 million dollar inflow -- that's a 0.9% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core MSCI Emerging Markets ETF (Symbol: IEMG) where we have detected an approximate $279.9 million dollar inflow -- that's a 0.3% increase w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares iBoxx $ High Yield Corporate Bond ETF (Symbol: HYG) where we have detected an approximate $348.7 million dollar inflow -- that's a 1.6% incr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) where we have detected an approximate $217.6 million dollar inflow -- that's a 0.2% increase week