As of March 2, Bitcoin traded just below $49,000. The largest cryptocurrency previously topped $50,000 on its way to $1 trillion in market value. There was a time when numbers like those for any digital asset were unthinkable. Some market observers believe the notorious cryptocurrency can eventually ascend to $100,000. “Could Bitcoin surpass $100,000 by [...] Read more at ETFtrends.com.
February was pretty volatile for Wall Street. Though the start of the month was upbeat, rising rate worries triggered a crash at month-end. Growing vaccine distribution and hopes of hefty stimulus under the Biden presidency along with a dovish Fed stoked inflationary pressure and
An industry first is looming. Mutual fund issuer Guinness Atkinson is slated to convert two of its mutual funds to exchange traded funds on March 26. The Guinness Atkinson Dividend Builder Fund (GAINX) and Guinness Atkinson Asia Pacific Dividend Builder Fund (GAADX) mutual funds will become ETFs on March 26. “The shares of the two mutual funds [...] Read more at ETFtrends.com.
Renewable energy exchange traded funds, including the ALPS Clean Energy ETF (ACES), have been boosted by politicians embracing renewable energy. That rubber is finally meeting the road. “Democrats in the U.S. House of Representatives introduced an updated version of a broad climate action bill that would put the U.S. on a path to 100% clean electricity generation by [...] Read more at ETFtrends.com.
Stocks and stock index ETFs were mixed to lower on Wednesday as bond yields climbed again. Stocks related to an economic recovery helped steady the market. The S&P 500 dropped 0.8%, while the Nasdaq Composite fell 1.6%. Meanwhile, the Dow Jones Industrial Average added 150 points, or 0.45%, thanks to pops in stocks like Boeing, [...] Read more at ETFtrends.com.
Investors often have a domestic basis, particularly with small cap stocks. They can help rectify large cap, domestic tendencies with the ERShares NextGen Entrepreneurs ETF (ERSX). ERSX selects the most entrepreneurial, primarily Non-US Small Cap companies, that meet the thresholds embedded in its proprietary Entrepreneur Factor (EF). ERShares’ ETF delivers strong performance across a variety [...] Read more at ETFtrends.com.
Travel stocks are flying high as three excellent Covid-19 vaccines are being rolled out. Recently, the FDA approved Johnson & Johnson’s (JNJ) single-dose vaccine for use in the US. And Merck (MRK) will help manufacture JNJ’s vaccine, which will significantly boost the vac
In trading on Wednesday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 3.5% on the day. Components of that ETF showing particular strength include shares of SM Energy, up about 12.9% and shares of Kosmos Ene
When it comes to rebounding emerging markets equities, several market forces are currently at play. First, avoiding state-backed companies can help keep investors safe in this arena. Second, environmental, social, and governance (ESG) investing has growing applications within the sector. Advisors can meet those demands with model portfolios, including the Emerging Markets Multi-Factor Portfolio. “This [...] Read more at ETFtrends.com.
Seasoned fixed income investors know that the lower they go in terms of credit quality, the higher the risk profile they take on. The FlexShares Credit‐Scored US Corporate Bond Index Fund (NasdaqGM: SKOR) is one avenue for combating this risk, and it’s a good idea to consider in the current bond climate. SKOR tracks the [...] Read more at ETFtrends.com.
Talk of inflation is increasing, meaning investors are examining a wide range of inflation-fighting tools. Gold ETFs like the Sprott Gold Miners ETF (NYSEArca: SGDM) merit a spot toward the top of the list. SGDM tracks the Solactive Gold Miners Custom Factors Index and “emphasizes gold companies with the highest revenue growth and free cash [...] Read more at ETFtrends.com.
The AdvisorShares Pure US Cannabis ETF MSOS has been surging in popularity with its assets growing more than 40,000% in just six months. This is especially true, as the fund debuted last September with $2.5 million in assets and has now crossed the $1 billion milestone. With its
The United States and China have been locking horns when it comes to technological advances. ETF investors looking to capitalize on strength in U.S. biotech should give the VanEck Vectors® Biotech ETF (BBH) a look. While the U.S. response to the Covid-19 pandemic has come under fire, the same narrative can’t be applied to biotechnology. “The [...] 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 ARKK ETF (Symbol: ARKK) where we have detected an approximate $226.6 million dollar outflow -- that's a 0.9% decrease week over week (from 181,900,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the USO ETF (Symbol: USO) where we have detected an approximate $136.2 million dollar outflow -- that's a 3.9% decrease week over week (from 86,323,603
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell Mid-Cap Growth ETF (Symbol: IWP) where we have detected an approximate $78.8 million dollar outflow -- that's a 0.5% decrease week o
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 MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $119.3 million dollar outflow -- that's a 6.7% decrea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P 100 ETF (Symbol: OEF) where we have detected an approximate $167.0 million dollar outflow -- that's a 2.3% 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 SPDR— S&P— Bank ETF (Symbol: KBE) where we have detected an approximate $131.8 million dollar inflow -- that's a 3.6% increase week