When homebuilder confidence is rising, so is traders’ interest in homebuilders. This is certainly feeding into strength for the Direxion Daily Homebuilders and Supplies Bull 3X Shares (NAIL). The nationally recognized homebuilder trade organization, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), reported stronger builder sentiment in February. “Builder sentiment rose 1 point [...] Read more at ETFtrends.com.
Not everybody has the time to analyze stocks like many institutional investors. Thankfully, several funds can give investors exposure to the value factor through the convenience of an ETF wrapper. “Investing in value stocks takes hard work and lots of research. Once you’ve found value stocks, be prepared to buy and hold them for longer [...] Read more at ETFtrends.com.
February was really 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
In times of heavy volatility, it helps to invest in the value factor. While value doesn’t guarantee a surefire avenue to protect against losses, it can help ease the pain. Consider funds like the iShares Focused Value Factor ETF (FOVL). What’s in value that helps mute losses in a downturn? It’s the quality of companies [...] Read more at ETFtrends.com.
Fixed income investors understand how difficult it is trying to squeeze out as much income as possible from safe haven options like government debt. Fortunately, some ETFs offer exposure to other income-generating sources, like covered calls. Enter the Global X Nasdaq 100 Covered Call ETF (QYLD). QYLD is an income-generating spin on the Nasdaq-100 Index (NDX), [...] Read more at ETFtrends.com.
With Bitcoin and other cryptocurrencies captivating investors, talk is again increasing about the prospects for a Bitcoin exchange traded fund. Multiple bitcoin ETFs recently debuted in Canada, and related exchange-traded products have existed in Europe for some time. “As investor fascination with the digital asset market continues to rise, investors have been looking to the [...] Read more at ETFtrends.com.
Stocks and index ETFs are surging on Monday, as investors find relief from spiking Treasury yields last week, pushing inflationary concerns into the background to start the month. The Dow Jones Industrial Average popped 660 points, or 2.2%, while the S&P 500 added a similar 2.1% as all 11 sectors were positive to start March. [...] Read more at ETFtrends.com.
The Invesco DWA Energy Momentum ETF is seeing unusually high volume in afternoon trading Monday, with over 978,000 shares traded versus three month average volume of about 50,000. Shares of PXI were up about 3.4% on the day.
In trading on Monday, the Invesco Solar ETF is outperforming other ETFs, up about 5.2% on the day. Components of that ETF showing particular strength include shares of Daqo New Energy, up about 10.8% and shares of Sunpower, up about 8.5% on the day.
There are hundreds of broad market funds available to investors, many of which own scant percentages of each stock on the roster. The famed ARK Innovation ETF (NYSEArca: ARKK) takes a different approach, as it often holds significant stake in mid- and small-sized companies. “Companies within ARKK include those that rely on or benefit from the [...] Read more at ETFtrends.com.
Key Takeaways Despite a recent spike in bond yields, bond ETFs pulled in net inflows of $13 billion in the past month. While it’s sharply lower than the $79 billion cash haul for equities, we view the persistent demand as indicative of growing comfort in the asset category. While volume spiked in late February for [...] Read more at ETFtrends.com.
Amplify Transformational Data Sharing ETF BLOK topped the list of the best-performing ETFs in February with impressive returns of about 31.8%.Most of the rally was driven by the crazy run for cryptocurrency - bitcoin. The digital currency rose over $58,000 buoyed by investors’
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Bloomberg Barclays Short Term High Yield Bond ETF, where 7,500,000 units were destroyed, or a 5.0% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the The Financial Select Sector SPDR Fund, which added 63,250,000 units, or a 6.4% increase week over week. Among the largest underlying components o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Energy Select Sector SPDR— Fund (Symbol: XLE) where we have detected an approximate $517.3 million dollar inflow -- that's a 2.6% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Japan ETF (Symbol: EWJ) where we have detected an approximate $102.3 million dollar outflow -- that's a 0.8% decrease week over week (f
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares ESG Aware MSCI USA ETF (Symbol: ESGU) where we have detected an approximate $622.9 million dollar inflow -- that's a 4.5% 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 SPDR— S&P MIDCAP 400— ETF Trust (Symbol: MDY) where we have detected an approximate $181.9 million dollar inflow -- that's a 0.9% in
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 $194.3 million dollar inflow -- that's a 1.2% incr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 Value ETF (Symbol: IWN) where we have detected an approximate $333.5 million dollar inflow -- that's a 2.4% increase week over