ooking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco QQQ, where 15,250,000 units were destroyed, or a 3.1% decrease week over week. Among the largest underlying components of QQQ, in m
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Global Clean Energy ETF, which added 7,400,000 units, or a 3.1% increase week over week. Among the largest underlying components of ICLN,
In recent trading, shares of Pilgrims Pride Corp. (Symbol: PPC) have crossed above the average analyst 12-month target price of $24.50, changing hands for $24.69/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 PacWest Bancorp (Symbol: PACW) have crossed above the average analyst 12-month target price of $43.39, changing hands for $43.70/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
Simon Property Group, Inc. (Symbol: SPG) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.2% yield, as well as being recognized by prominent asset managers as bei
Public Storage (Symbol: PSA) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $10.53B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.93% yield, according to the most recent Dividend Channel ''Dividend
As the United States doubles down on its intent to combat the negative effects of climate change, exchange traded fund investors have turned to socially responsible strategies. For example, as a way to help investors tap into socially responsible investment opportunities, State Street Global Advisors offers a suite of socially responsible and ESG-related ETFs. One [...] Read more at ETFtrends.com.
In the upcoming webcast, Investing for tomorrow, today: Exploring the future of health care, Steve Jones, Client Portfolio Manager, Principal Global Systematic Solutions; Jeffrey Schwarte, Portfolio Manager and Head of Systematic Solutions, Principal Global Systematic Solutions; and Matthew Cohen, Head of ETF Specialist Team, Principal Global Investors, will highlight the healthcare and technology investment themes [...] Read more at ETFtrends.com.
Forms of contact-less payments have been on the rise prior to 2020, but the pandemic only accelerated that trend. Smartphone capabilities that allow users to perform financial transactions via apps can continue to help fuel the Global X FinTech ETF (FINX). Financial technology, or fintech for short, is opening up opportunities for innovative companies to [...] Read more at ETFtrends.com.
With a slew of earnings reports, a Fed meeting, and the announcement of President Biden’s American Families plan all slated for the next few days, movement in the U.S. stock market this week “is going to be big,” said ERShares founder and CIO Joel Shulman in a recent interview with Cheddar News. Tech stocks saw [...] Read more at ETFtrends.com.
The Covid-19 pandemic has been exceptionally difficult for societies around the globe, but as countries look to steady themselves, investors can aim to do the same with assets like the VanEck Vectors India Growth Leaders ETF (GLIN). As the country battles a pernicious second wave of cases, the hope is that a global deployment of [...] Read more at ETFtrends.com.
An equal weight strategy, pure beta play, and senior loan option are sitting atop Invesco’s year-to-date inflows leaderboard. At the top of the heap is the Invesco S&P 500 Equal Weight ETF (RSP), which uses a strategy to diversify holdings in order to eliminate concentration risk. RSP equally weights its holdings, so the ETF leans [...] Read more at ETFtrends.com.
Ark Innovation ETF (ARKK) had its proverbial day in the sun for most of the past year, but lately some clouds have appeared as the fund has given back some gains. Even so, its triple-digit return over the past 12 months beat all but 16 diversified U.S. stock and sector stock
It’s been more than two weeks since Delta Air Lines Inc. DAL kick started the first-quarter earnings season for the airline space. Overall, the season has been mixed for the industry. The sector still has to traverse a long way before it can reach the pre-pandemic level.
Electric vehicles are just the tip of the iceberg for transportation. As artificial intelligence and robotics enter the fray, myriad innovations will help drive the Direxion Daily Transportation Bull 3X Shares (TPOR). “As technology continues to develop, new trends emerge,” a Global Trade article noted. “While driving AI is still not advanced enough to give [...] Read more at ETFtrends.com.
Last year, the pandemic may have tamped down venture capital (VC) funding, but as global economies heal, VC is starting to show signs of life again in North America. This presents an opportunity for ETFs that focus on initial public offerings (IPOs). So far, in the first quarter of 2021, North America dominated the VC [...] Read more at ETFtrends.com.
As has been discussed for over a year, President Joe Biden is now likely to propose a plan to raise taxes on the richest Americans, including the largest-ever increase in levies on investment gains. This would be to finance about $1 trillion in social spending that serve child
Investors are again embracing floating-rate debt and that could be a catalyst for the Invesco Senior Loan ETF (NYSEArca: BKLN). BKLN targets the S&P/LSTA U.S. Leveraged Loan 100 Index. That index “is designed to track the market-weighted performance of the largest institutional leveraged loans based on market weightings, spreads and interest payments,” according to Invesco. [...] Read more at ETFtrends.com.
Investing in stocks can seem like walking a tightrope without a safety net. A new breed of exchange-traded funds aims to change that. These funds, called buffered or defined-outcome ETFs, absorb a portion of stock market losses in exchange for capping some of the gains.
The SPDR— MSCI USA StrategicFactorsSM ETF is seeing unusually high volume in afternoon trading Wednesday, with over 148,000 shares traded versus three month average volume of about 35,000. Shares of QUS were trading flat on the day.