U.S. markets and stock exchange traded funds recovered their previous momentum in economically sensitive segments Wednesday, while growth and technology names fell behind. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) was down 0.7%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) rose 0.8%, and iShares Core S&P 500 ETF (NYSEArca: IVV) was up 0.4%. “We [...] Read more at ETFtrends.com.
In an effort to expand its market share in the gaming space, Microsoft is in talks with videogame chat community platform Discord regarding a $10 billion purchase. One ETF to keep an eye on as this unfolds is the Invesco Select Growth ETF (IVSG). IVSG is noteworthy with Microsoft being its top holding at a [...] Read more at ETFtrends.com.
On Wednesday, USCF today announced the launch of the USCF Midstream Energy Income Fund (UMI) with sub-adviser Miller/Howard Investments, a Woodstock, NY-based, research-driven portfolio management firm. UMI, an actively-managed ETF, will apply Miller/Howard’s hallmark bottom-up fundamental research to midstream energy infrastructure companies focused on energy transportation, storage, and gathering/processing. The Miller/Howard investment philosophy emphasizes income-producing equities as essential elements to building [...] Read more at ETFtrends.com.
The popularity of ETF investing has been rising since its inception more than 25 years ago. Total ETF assets have been increasing at a “fairly consistent” annual rate of 25% from the $770 billion seen 10 years ago, Bank of America noted in December 2019.
Stocks and index ETFs largely rallied on Wednesday, after undergoing losses from the previous session, as investors wagered on the stocks that benefit from the economy bouncing back, while exercising more caution with tech stocks. The Dow Jones Industrial Average added as much as 330 points before pulling back to a 0.87% gain. The S&P [...] Read more at ETFtrends.com.
The First Trust Dow Jones International Internet ETF is seeing unusually high volume in afternoon trading Wednesday, with over 110,000 shares traded versus three month average volume of about 42,000. Shares of FDNI were off about 2.8% on the day.
The economic laws of supply and demand are still favoring higher housing prices in the real estate market. This in turn could fuel big gains for the Direxion Daily MSCI Real Estate Bull 3X ETF (DRN). As for DRN, the fund seeks daily investment results equal to 300% of the daily performance of the MSCI [...] Read more at ETFtrends.com.
In trading on Wednesday, the Oil Services ETF is outperforming other ETFs, up about 4.1% on the day. Components of that ETF showing particular strength include shares of Oceaneering International, up about 7.2% and shares of Select Energy Services, up about 6.8% on the day.
Down 6% for the year, Tesla stock has seen better days, but some analysts see only a temporary speed bump for the electric automaker. ETF investors can make an indirect play on the stock with the iShares U.S. Consumer Goods ETF (IYK). One increasingly familiar name in the ETF space is giving Tesla her vote [...] Read more at ETFtrends.com.
Investors from China are snapping up thematic ETFs with gusto. U.S. ETF investors can do the same with a few thematic funds from Global X that are posting big daily share volumes. “Chinese investors are souring on exchange-traded funds that track broad indexes, but they’re snapping up thematic—or sectoral—ETFs, such as those that invest in [...] Read more at ETFtrends.com.
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— Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $176.2 million dollar inflow -- that's a 2.4% inc
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI United Kingdom ETF (Symbol: EWU) where we have detected an approximate $200.7 million dollar inflow -- that's a 6.2% 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 ARKF ETF (Symbol: ARKF) where we have detected an approximate $193.3 million dollar inflow -- that's a 4.9% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Daily Semiconductor Bull 3X Shares
(Symbol: SOXL) where we have detected an approximate $212.7 million dollar inflow -- that's a 5.5% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the FNDX ETF (Symbol: FNDX) where we have detected an approximate $197.4 million dollar inflow -- that's a 3.2% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco High Yield Equity Dividend Achievers ETF (Symbol: PEY) where we have detected an approximate $232.3 million dollar inflow -- that's a 27.5%
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 $464.0 million dollar inflow -- that's
In recent trading, shares of NorthWestern Corp. (Symbol: NWE) have crossed above the average analyst 12-month target price of $62.75, changing hands for $63.30/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va