Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco KBW Bank ETF (Symbol: KBWB) where we have detected an approximate $240.3 million dollar inflow -- that's a 12.5% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $758.3 million dollar outflow -- that's a 1.2% decrease week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 1-3 Year Treasury Bond ETF (Symbol: SHY) where we have detected an approximate $112.2 million dollar inflow -- that's a 0.6% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Gold Shares (Symbol: GLD) where we have detected an approximate $288.6 million dollar outflow -- that's a 0.5% decrease week over week (
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Industrial Select Sector SPDR— Fund (Symbol: XLI) where we have detected an approximate $118.0 million dollar inflow -- that's a 0.6% incr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Treasury Bond ETF (Symbol: GOVT) where we have detected an approximate $110.0 million dollar inflow -- that's a 0.8% increase week over
Consumer sentiment in the United States has impressed again in March. Strong fiscal support, reopening of the U.S. economy and the coronavirus vaccine rollout may have instilled optimism among consumers. The University of Michigan’s final sentiment index surged to 84.9, compari
AstraZeneca AZN has provided new updates on its coronavirus vaccine candidate, AZD1222, which it co-developed with University of Oxford and its spin-out company, Vaccitech. Notably, the company has reported a vaccine efficacy of 76% in a phase III trial of AZD1222 in the United S
On this week’s “ETF Edge,” ETF Trends’ CEO, Tom Lydon, along with Brendan Ahern, CIO of KraneShares, and Direxion Head of Product David Mazza, unpacked the action in Chinese technology stocks with CNBC’s Dominic Chu. Last week featured a massive liquidation by hedge fund Archegos Capital Management and concerns over rising regulatory risks in the [...] Read more at ETFtrends.com.
Wall Street has delivered decent returns in March so far. The Dow Jones Industrial Average is up 6.9% and the S&P 500 has added 4.3% in the current month. Meanwhile, the Nasdaq Composite has lost about 0.4% amid high-bond yields and increasing inclination toward cyclical stoc
As advisors are faced with the prospect of lower equities and bond returns, new developments in Defined Outcome ETFs may hold a timely solution. In the upcoming webcast, New Developments in Defined Outcome ETFs, Bruce Bond, Co-Founder and CEO, Innovator ETFs; and Graham Day, Vice President of Product and Research, Innovator ETFs, will present their [...] Read more at ETFtrends.com.
The banking sector and bank ETFs could be in trouble, according to Credit Suisse and Nomura, who admonished investors Monday of “significant” damage to Q1 results, after they began exiting positions with a massive U.S. hedge fund that defaulted on margin calls last week. While neither bank explicitly named the fund, it’s been reported that [...] Read more at ETFtrends.com.
In trading on Monday, shares of the RPAR ETF (Symbol: RPAR) crossed below their 200 day moving average of $22.74, changing hands as low as $22.67 per share. RPAR shares are currently trading down about 1% on the day. The chart below shows the one year performance of RPAR shar
In trading on Monday, shares of the iShares International Treasury Bond ETF (Symbol: IGOV) entered into oversold territory, changing hands as low as $52.1109 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indica
On Monday, Guinness Atkinson Asset Management announced that two of its mutual funds have now officially begun trading as ETFs under the firm’s SmartETFs brand. Guinness Atkinson previously announced more details of the transactions, which are believed to be the first of their kind in the U.S. asset management industry. The mutual funds converted were the Guinness Atkinson [...] Read more at ETFtrends.com.
The number of coronavirus cases continue to risein the world’s largest economy. Around 30.1 million people in the United States have been infected since January 2020 along with a death toll of more than 546,000. Globally, about 125.6 million COVID-19 cases have been reported al
Last week was mixed for Wall Street. The S&P 500 (up 1.57%), the Dow Jones (up 1.36%), the Nasdaq Composite (down 0.58%) and the small-cap Russell 2000 (down 2.89%) were all on a volatile ride due to tax hike fears and still-existing rising rate worries.
Crude oil futures and ETFs stabilized on Monday, as the Ever Given, one of the world’s largest container vessels, was finally freed from the banks of the Suez Canal, where it had run aground nearly a week ago, impeding the flow of global trade goods like crude oil. The Suez Canal Authority said on Monday [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds pared early morning losses by mid-Monday after banks warned they could incur heavy losses in response to a hedge fund’s default on margin calls. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 0.2%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) rose 0.3%, and iShares Core S&P [...] Read more at ETFtrends.com.
Thanks to rising oil prices and a focus on renewable sources, the energy sector has been on an uptrend after a pandemic-ridden year. ETF investors looking beyond broad-based commodity plays can give the iShares MSCI Global Energy Producers ETF (FILL) a look. FILL seeks to track the investment results of the MSCI ACWI Select Energy Producers [...] Read more at ETFtrends.com.