In trading on Monday, shares of the ARKF ETF (Symbol: ARKF) crossed below their 200 day moving average of $47.23, changing hands as low as $46.95 per share. ARKF shares are currently trading off about 4.7% on the day. The chart below shows the one year performance of ARKF sha
In trading on Monday, shares of the KWEB ETF (Symbol: KWEB) entered into oversold territory, changing hands as low as $68.46 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
Strong performances from top cryptocurrencies like Bitcoin and Ethereum are spilling over into companies that focus on digital assets, which should help funds like the VanEck Vectors Digital Transformation ETF (DAPP). DAPP seeks to track the price and yield performance of the MVIS Global Digital Assets Equity Index, which is a rules-based modified capitalization weighted, float [...] Read more at ETFtrends.com.
Investors have continued to show optimism despite a disappointing April jobs report. According to the Labor Department, nonfarm payrolls rose by only 266,000 last month. The metric lags the Dow Jones estimate of 1 million, per a CNBC article. The metric also missed the downwardly
The banking sector has seen a strong start to 2021. In fact, the S&P Banks Select Industry Index is up 31.4% so far in the year in comparison to the broader S&P 500 index’s rise of 12.7%. Notably, cyclical sectors like industrial, financial, energy and consumer discreti
A return to the beach in Greece could boost tourism and the economy at-large through the Global X MSCI Greece ETF (GREK). This past weekend, Greece eased its Covid-19 restrictions with the anticipation of more tourists heading to the country’s shores. It’s a positive sign for a country where tourism accounts for about 20% of the [...] Read more at ETFtrends.com.
As investors well know, there’s growth investing and there’s value investing. The concept of growth at a reasonable price (GARP) fills the gap between the two, and it’s accessible with the Barron’s 400 ETF (NYSEArca: BFOR). “Some investors have sought to bridge the Value–Growth divide through a hybrid strategy, opting for the growth at a [...] Read more at ETFtrends.com.
On Monday, the Nottingham Company, a leading fund administrator, issuer, and consultant to the mutual fund and ETF industry, announced live trading on NYSE ARCA for its first conversion of an open-end mutual fund to an exchange traded fund (ETF). Nottingham-affiliated series trust Starboard Investment Trust completed the registration portion of the process recently for [...] Read more at ETFtrends.com.
When it comes to renewable energy ETFs, investors can choose from funds that offer broad exposure and those that focus on a specific industry. The latter group includes the First Trust Global Wind Energy ETF (FAN). FAN tracks the ISE Clean Edge Global Wind Energy Index. The asset is relevant at a time when wind energy is [...] Read more at ETFtrends.com.
Dividends and share repurchase programs are gaining momentum at U.S. companies, moves that highlight advantages offered by the FlexShares Quality Dividend Index Fund (NYSEArca: QDF). Last year, dividend cuts and suspensions were all the rage as companies scrambled to conserve cash at the height of the coronavirus pandemic. Owing to its quality tilt, QDF mostly [...] Read more at ETFtrends.com.
In addition to the massive influx of assets, two big themes emerging in the world of actively managed ETFs are issuers introducing ETF versions of previously successful active mutual funds, as well as converting those funds to the ETF structure. In the latter scenario, Dimensional Fund Advisors (DFA) is one of the leaders, having already [...] Read more at ETFtrends.com.
The U.S. economy added 266,000 jobs in April 2021, after a downwardly revised 770,000 rise in March and below market expectations of a rise of 978,000 as employers face worker shortage. Some analysts are of the view that increased unemployment benefits are keeping people at home
Research shows that women-led entrepreneurial firms tend to outperform their less-diverse peers. That’s the investment thesis behind EntrepreneurA (ERA), an SMA strategy managed by investment management firm, ERShares. ERShares already has two entrepreneurial ETFs on the market: the ERShares Entrepreneurs ETF (ENTR) and the ERShares NextGen Entrepreneurs ETF (ERSX). ERA incorporates the same proprietary Entrepreneur [...] Read more at ETFtrends.com.
With soaring Treasury yields punishing bond returns, the viability of the classic 60/40 equity/fixed income portfolio is stirring considerable debate. That’s not surprising. If aggregate bonds strategies are struggling against the backdrop of rising 10-year yields, it’s reasonable to expect advisors and, for that matter, clients to question the efficacy of a portfolio that devotes [...] Read more at ETFtrends.com.
Many investors don’t emphasize how venture capitalists allocate cash, but those involved with fintech and the ARK Fintech Innovation ETF (NYSEARCA: ARKF) ought to start paying attention. A recent report on VC spending confirms these high-level investors are enthralled with fintech, indirectly confirming a potentially compelling scenario for the actively managed ARKF. “Consider that if [...] Read more at ETFtrends.com.
Wall Street had a volatile ride last week. While inflationary pressures sparked concern over lofty valuations, pushing the tech-heavy Nasdaq Composite down, the stronger-than-expected corporate profits fueled the Dow Jones and the S&P 500 to new highs.Notably, the Dow jumped
The iShares Core MSCI International Developed Markets ETF is seeing unusually high volume in afternoon trading Monday, with over 2.1 million shares traded versus three month average volume of about 261,000. Shares of IDEV were up about 0.3% on the day.
In trading on Monday, the iShares MSCI Global Metals & Mining Producers ETF is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Southern Copper, up about 8.9% and shares of United States Steel, up abou
By Roman Chuyan, CFA, Chief Investment Officer, Model Capital Management LLC Some observers agree that the bubble will burst, but timing is harder to determine. Rising inflation and interest rates are the reasons the end is near, in Model Capital’s view. Our Equity and Short-Term Risk models continue with Sell signals, dictating defensive positioning. Stocks continued [...] Read more at ETFtrends.com.
In trading on Monday, shares of the WisdomTree China ex-State-Owned Enterprises Fund ETF (Symbol: CXSE) crossed below their 200 day moving average of $63.38, changing hands as low as $62.38 per share. WisdomTree China ex-State-Owned Enterprises Fund shares are currently tradin