The prospect of rate hikes by the Federal Reserve has become more apparent of late, with Treasury yields ticking higher and fears of inflation starting to sprout. Gold investors should consider playing the long game with funds like the VanEck Merk Gold Trust (OUNZ). OUNZ seeks to provide investors with an opportunity to invest in [...] Read more at ETFtrends.com.
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in this report, updating the report every Friday, along with an accompanying podcast and chart book. March 12, 2021 With the U.S. dollar apparently poised for what could be [...] Read more at ETFtrends.com.
The Invesco S&P 500 GARP ETF is seeing unusually high volume in afternoon trading Tuesday, with over 127,000 shares traded versus three month average volume of about 51,000. Shares of SPGP were off about 0.5% on the day.
In trading on Tuesday, the iShares PHLX Semiconductor ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Mks Instruments, up about 5.5% and shares of Applied Materials, up about 5.3% on the day.
The retail and transportation sectors can be bellwethers of economic health. Right now, both sectors are performing well, which makes for a potent two-punch ETF combination in the Direxion Daily Retail Bull 3X ETF (RETL) and the Direxion Daily Transportation Bull 3X Shares (TPOR). When the economy is thriving, retail consumers are more apt to open [...] Read more at ETFtrends.com.
Solar and wind power are proving durable during the coronavirus pandemic, propping up renewable energy funds like the ALPS Clean Energy ETF (ACES). ACES follows the CIBC Atlas Clean Energy Index. That benchmark is comprised of U.S.- and Canada-based companies that primarily operate in the clean energy sector. Constituents are companies focused on renewables and other clean technologies that enable the evolution [...] Read more at ETFtrends.com.
The WisdomTree Cloud Computing ETF (WCLD) was the leader of cloud computing exchange traded funds last year and one of the best-performing technology ETFs of any stripe. The fund’s recent rebalancing could lead to more of the same this year. The WisdomTree Cloud Computing Fund seeks to track the price and yield performance, before fees [...] Read more at ETFtrends.com.
On Tuesday, Stance Capital, a pioneer in quantitative ESG investing and research, announced the launch of the Stance Equity ESG Large Cap Core ETF (NYSE: STNC). The fund will be a series of The RBB Fund Inc. and will use Blue Tractor’s Shielded Alpha ETF wrapper. Stance Capital, founded by Bill Davis in 2016, offers a [...] Read more at ETFtrends.com.
Americans are already receiving their stimulus checks from Uncle Sam. Many market observers believe all the cash will lead investors into riskier assets. It’s probable that many investors will allocate stimulus cash to high growth names, a theme that could benefit the ERShares NextGen Entrepreneurs ETF (ERSX). ERSX selects the most entrepreneurial, primarily Non-U.S. Small [...] Read more at ETFtrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Vanguard S&P 500 ETF, which added 32,021,657 units, or a 6.1% increase week over week. Among the largest underlying components of VOO, in mor
In trading on Tuesday, shares of the SRVR ETF (Symbol: SRVR) crossed above their 200 day moving average of $35.73, changing hands as high as $35.82 per share. SRVR shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of SRVR sh
Amid bets of faster-than-expected economic recovery, small-caps have been outperforming this year with the Russell 2000 Index having gained 18.7%. In comparison, the S&P 400 Mid Cap Index and the S&P 500 Index are up 15.3% and 4.8%, respectively.Continued progress in the
Wind power is one of the dominant forms of renewable energy, and investors can tap into that burgeoning long-term theme with the First Trust Global Wind Energy ETF (FAN). FAN seeks investment results that correspond generally to the price and yield of an equity index called the ISE Clean Edge Global Wind EnergyTM Index. FAN components “are [...] Read more at ETFtrends.com.
In recent trading, shares of PACCAR Inc. (Symbol: PCAR) have crossed above the average analyst 12-month target price of $99.33, changing hands for $99.44/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio
In recent trading, shares of Upstart Holdings Inc (Symbol: UPST) have crossed above the average analyst 12-month target price of $60.33, changing hands for $62.93/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 Moderna Inc (Symbol: MRNA) have crossed above the average analyst 12-month target price of $143.31, changing hands for $143.66/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
Nasdaq recently celebrated a milestone in ETF innovation with the launch of the ALPS Active REIT ETF (REIT), the first semi-transparent ETF to launch on Nasdaq and the first Blue Tractor model ETF to launch anywhere in the world.
In recent trading, shares of Shaw Communications Inc (Symbol: SJR) have crossed above the average analyst 12-month target price of $21.43, changing hands for $27.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of Planet Fitness Inc (Symbol: PLNT) have crossed above the average analyst 12-month target price of $81.64, changing hands for $83.97/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v