To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also, check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
A new Biden administration and a new head of Securities and Exchange Commission are adding to optimism for meaningful progress on clearer regulations and standardized reporting for environmental, social, and governance funds. “If data is the new oil, then we need to get it right,” Sandra Myburgh, founder of the New York investment manager FERN [...] Read more at ETFtrends.com.
Exchange traded fund investors have been dumping fixed income assets as yields are set to end February with their biggest monthly gain in years. Over February, the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) saw $5.4 billion in net outflows, SPDR Bloomberg Barclays High Yield Bond ETF (JNK) shrunk by $2.6 billion, and [...] Read more at ETFtrends.com.
In trading on Friday, shares of the J.P. Morgan EM Local Currency Bond ETF (Symbol: EMLC) crossed below their 200 day moving average of $31.67, changing hands as low as $31.57 per share. J.P. Morgan EM Local Currency Bond shares are currently trading off about 0.2% on the day.
Homebuilder stocks and sector-related exchange traded funds strengthened Friday as demand for suburban homes and interest in renovations helped support housing companies. Among the better performing areas of the market on Friday, the iShares U.S. Home Construction ETF (NYSEArca: ITB) increased 1.9%, SPDR S&P Homebuilders ETF (NYSEArca: XHB) advanced 1.4%, Invesco Dynamic Building & Construction [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds were mixed Friday as technology stocks regained some of their lost ground. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 1.2%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) fell 0.7%, and iShares Core S&P 500 ETF (NYSEArca: IVV) was 0.2% higher. High-flying growth names recouped some [...] Read more at ETFtrends.com.
One of the hottest tickers of Wall Street that has jumped more than 1000% in the past two years – Tesla (TSLA) – will likely stage a losing streak in the near term on rising rate worries. This high-growth stock lost 8.1% on the Feb 25 Nasdaq bloodbath and shed about 19.4% pas
Our team at Canterbury Investment Management recently conducted a survey of financial professionals on the challenges facing their practices heading into 2021. Ninety-Five financial advisors participated in the study, providing insights to their priorities regarding practice development, business management, and prospecting. The following text is some excerpts from an interview between Brandon Bischof, Vice President [...] Read more at ETFtrends.com.
Tech stocks are recovering from a precipitous drop in the prior session, after Treasury yields stabilized and an important inflation gauge showed more muted price pressures. After considerable volatility, the Nasdaq Composite popped 1.7% Friday, aided by moves in Apple, Facebook, and Microsoft of over 2%. Meanwhile, the S&P 500 climbed 0.6% in early trade, [...] Read more at ETFtrends.com.
Rising yields and the fear of inflation are starting to add more volatility back into the capital markets. Investors can protect their portfolio’s stability and diversification with funds like the Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and the Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS). PSCD offers exposure to the consumer discretionary [...] Read more at ETFtrends.com.
In a year of healing amid a vaccine rollout, emerging economies around the globe are looking to recover from the worst of the pandemic. ETF investors looking for alternative exposure in emerging markets (EMs) can find a valued-added option in Africa with the VanEck Vectors Africa Index ETF (AFK). “Africa, like other regions, is reeling [...] Read more at ETFtrends.com.
Wall Street has been in the pink over the past few months on a super-easy monetary policy, fiscal stimulus and most importantly vaccine optimism since the fourth quarter of 2020. No wonder, the S&P 500 is up 24.1% in the past six months.
Mid cap exposure can give investors the downside protection of large caps with the growth potential of small caps. ETF investors seeking a mid cap fund with a value tilt can check out the Vanguard Mid-Cap Value Index Fund ETF Shares (VOE). VOE seeks to track the performance of the CRSP US Mid Cap Value [...] Read more at ETFtrends.com.
Up 70% within the past year, the iShares Self-Driving EV and Tech ETF (IDRV) can drive any portfolio to more gains in 2021. “If the future of cars is to be electric, the 2020s will be the decade that turns the tide,” a Forbes article said. “Last year, demand for electric vehicles (EVs) led to [...] Read more at ETFtrends.com.
The silver market is abuzz in 2021. After climbing more than 47% in 2020, silver continues to play catch up to gold. Growing investment and industrial demand have driven up silver prices and created supply shortages, especially for investors looking to buy the physical metal. Silver ETFs Enjoy Record Flows Sprott Asset Management believes this [...] Read more at ETFtrends.com.
Talk of rising Treasury yields and inflation is increasing in the capital markets, which is causing some investors to fret. Traders looking for an opportunity can try the Direxion Daily Financial Bull 3X ETF (FAS), which is up 35% year-to-date. FAS seeks daily investment results that equal 300% of the daily performance of the Russell [...] Read more at ETFtrends.com.
The SPDR— MSCI USA StrategicFactorsSM ETF is seeing unusually high volume in afternoon trading Friday, with over 100,000 shares traded versus three month average volume of about 42,000. Shares of QUS were down about 0.2% on the day.
In trading on Friday, the Invesco Solar ETF is outperforming other ETFs, up about 3.7% on the day. Components of that ETF showing particular strength include shares of Sunnova Energy International, up about 9.2% and shares of Sunrun, up about 8.7% on the day.
One of the primary obstacles facing electric vehicle adoption is pricing relative to their internal combustion engine rivals. While EVs are still pricier than their traditional counterparts, the gap is closing, and that’s good news for exchange traded funds like the ARK Innovation ETF (NYSEArca: ARKK). “Companies within ARKK include those that rely on or [...] Read more at ETFtrends.com.