Further clarifying the growing momentum behind sustainable investment strategies, MSCI Indexes revealed that it saw demand for environmental, social, and governance ratings and index products outpacing growth in its traditional indexing businesses. Baer Pettit, chief operating officer of MSCI, explained that $200 million of the firm’s revenues are now “tied to ESG and climate,” and [...] Read more at ETFtrends.com.
On Wednesday, Xtrackers ETFs by DWS launched the first ETFs providing exposure to ESG versions of the S&P MidCap 400 and S&P SmallCap 600 indices. The Xtrackers S&P MidCap 400 ESG ETF (NYSE Arca: MIDE) and the Xtrackers S&P SmallCap 600 ESG ETF (NYSE Arca: SMLE) are now listed, further expanding the Xtrackers footprint in the [...] Read more at ETFtrends.com.
During CNBC’s “ETF Edge,” host Bob Pisani spoke with ETF Trends’ CEO Tom Lydon, ProcureAM CEO Andrew Chanin, and State Street Global Advisors’ Matthew Bartonlini about the upcoming ARK Space Exploration ETF (ARKX). More specifically, they commented on which stocks they predict could make it into Cathie Wood’s latest venture at Ark Invest. Following an [...] Read more at ETFtrends.com.
Automakers have restarted operations with some restrictions for controlling the rising cases related to new strains of coronavirus. Moreover, the pandemic has resulted in changes in the demand and preferences of consumers who are currently showing more interest in purchasing thei
U.S. investors are chronically home-biased in their portfolios, even while international allocations have provided better opportunities in different market cycles. In the upcoming webcast, Unpacking Global Markets: Getting Beyond Beta – A Conversation with Davis PM Danton Goei, Danton Goei, Portfolio Manager, Davis Advisors will discuss the case for international investing, and why an active [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds climbed Wednesday after Federal Reserve Chairman Jerome Powell reaffirmed his stance on keeping interest rates near zero and maintaining the central bank’s supportive bond purchasing programs. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 0.6%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) rose 1.3%, and iShares [...] Read more at ETFtrends.com.
Crude oil and crude ETFs are gaining again Wednesday after sliding on Tuesday following a surprise U.S. inventory build reported by the API. Oil is also bolstered by a struggling restart to U.S. oil production lost during the Texas Freeze and a weaker U.S. dollar. U.S. benchmark West Texas Intermediate crude oil gained 2.25% or [...] Read more at ETFtrends.com.
Biotech ETFs are climbing Wednesday as the Food and Drug Administration’s staff endorsed Johnson & Johnson’s coronavirus vaccine for emergency use, a key step in offering a third vaccination to the U.S. marketplace. The staff report released Wednesday is a preliminary step designed to prepare the FDA’s Vaccines and Related Biological Products Advisory Committee to make [...] Read more at ETFtrends.com.
Our planet has been logging the warmest years on record, and we are increasingly experiencing the adverse effects of climate change. It has been widely recognized that climate change is being triggered by higher levels of greenhouse gases. What can we do about it? In this podcast, Sage CIO Bob Smith and ESG Research Analyst [...] Read more at ETFtrends.com.
By Sara Rodriguez, Sage ESG Research Analyst About Toyota Motor Corporation Toyota Motor Corporation is a Japanese multinational automotive company that designs, manufacturers, and sells passenger and commercial vehicles. The company also has a financial services branch that offers financing to vehicle dealers and customers. Toyota is the second-largest car manufacturer in the world and [...] Read more at ETFtrends.com.
There’s a new leader in town Investors who are globally diversified may be seeing that pay off at the start of 2021. Emerging market (EM) stocks are ripping, up 8.2% year to date for the MSCI Emerging Markets index versus 3.2% for the S&P 500, as of February 22. More than that, EM’s surge means [...] Read more at ETFtrends.com.
Blockchain stocks and ETFs have been soaring lately on bitcoin strength. The blockchain technology in bitcoin keeps track of the balances for all users and updates them on each transaction. The cryptocurrency bitcoin is going through the roof this year, having crossed the $58,000
Small cap equities continue to outperform large caps, and for those who want factor-based exposure with a value tilt, there are funds available like the Vanguard Small-Cap Value Index Fund ETF Shares (VBR). “Shares of small companies are outpacing their larger counterparts by the widest margin in more than two decades,” a Wall Street Journal [...] Read more at ETFtrends.com.
Rising yields are putting downward pressure on bonds. These yields fit right into the hands of bearish bond traders with leveraged ETFs like the Direxion Daily 20+ Yr Trsy Bear 3X ETF (TMV) and the Direxion Daily 7-10 Year Treasury Bear 3X Shares (TYO). As a global vaccine rollout continues and the economy starts to exhibit signs [...] Read more at ETFtrends.com.
The video gaming industry didn’t just come away from the pandemic unscathed. It prospered. Gaming growth, in turn, has helped ETFs like the Global X Video Games & Esports ETF (HERO). HERO experienced gains of over 90% the past year, which ousted broad market indexes like the S&P 500 by a wide margin. This speaks [...] Read more at ETFtrends.com.
Everything is going great for bitcoin, with the constant corporate support. The cryptocurrency, infamous for its high volatility, crossed the $58,350 mark on Feb 21, only to slip later on. But the currency jumped back above $50,000 on Feb 23, thanks to supportive comments from Ar
The Invesco Global Listed Private Equity ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.3 million shares traded versus three month average volume of about 108,000. Shares of PSP were up about 0.1% on the day.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares National Muni Bond ETF (Symbol: MUB) where we have detected an approximate $116.0 million dollar outflow -- that's a 0.5% decrease week over
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 ETF (Symbol: IWM) where we have detected an approximate $720.6 million dollar outflow -- that's a 1.1% 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 iShares S&P 500 Value ETF (Symbol: IVE) where we have detected an approximate $210.4 million dollar outflow -- that's a 1.1% decrease week over