Environmental, social, and governance (ESG) metrics are giving chief financial officers (CFOs) the data necessary to make more informed decisions. This includes using ESG metrics to attract investors and lower costs. A Wall Street Journal article noted that over “1,500 companies world-wide have pledged to reduce their carbon emissions to net-zero in the coming years, [...] Read more at ETFtrends.com.
With oil sparking an energy rally, the spotlight is back on the sector once again. An additional catalyst could be China’s demand for oil, which could help fuel the Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH). The MSCI ACWI Energy Sector index is up 23% the last few months [...] Read more at ETFtrends.com.
The trader’s ETF of choice, the Invesco QQQ Trust (QQQ), is praised for its liquidity as well as its all-encompassing exposure to big names in big tech. On the other end of the spectrum, there’s the buy-and-hold Invesco NASDAQ Next Gen 100 ETF (QQQJ) for next generation exposure. QQQJ gives investors exposure to the stocks of tomorrow [...] Read more at ETFtrends.com.
Rates were at bottom-of-the-barrel lows during much of 2020, causing a voracious appetite for yield. This caused fixed income investors to pile into risky debt, and is now dropping yields further. In the current market landscape, Treasury yields are starting to head higher. This, in turn, could cause a flight from riskier debt and back [...] Read more at ETFtrends.com.
It’s close to two years since Lyft LYFT and Uber UBER hit the financial markets. Lyft went public at the end of March 2019, while Uber hit the markets in May 2019. Notably, the Lyft IPO had a dazzling market debut, only to nosedive soon after. It is to be noted that at the
As Bitcoin rises and the U.S. dollar starts to show signs of weakness, gold is hanging back, watching it all unfold. If State Street analysis can hold up, $2,300 gold prices aren’t out of the question, which will boost the VanEck Merk Gold Trust (OUNZ). “In a recent interview with Kitco News, George Milling-Stanley, chief [...] Read more at ETFtrends.com.
Stocks and index ETFs plunged lower from earlier highs on Wednesday, as investors scrambled out of technology stocks and Tesla. The Dow Jones Industrial Average wiped out a 130-point advance to trade just below breakeven, while the S&P 500 dropped 1%, losing more than 50 points in a matter of minutes, as the VIX popped. [...] Read more at ETFtrends.com.
With cryptocurrencies in the spotlight, blockchain investors are receiving renewed adulation. The lack of a Bitcoin ETF is to the benefit of funds like the Reality Shares Nasdaq NextGen Economy ETF (NASDAQ: BLCN). BLCN tracks the Reality Shares Nasdaq Blockchain Economy Index. That index “is designed to measure the returns of companies that are committing [...] Read more at ETFtrends.com.
Performance of the insurance industry has been strong this reporting cycle, with the leading players posting robust earnings. Prominent players such as MetLife MET, Prudential Financial PRU, Chubb Corp CB, Allstate ALL, Aflac AFL and Travelers TRV surpassed estimates for both ear
The global cloud computing market has been growing fast and could top $300 billion this year, according to research firm Gartner. The move to the cloud accelerated during the pandemic and is likely to continue in view of the digital transformation.
The First Trust Small Cap Core AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 582,000 shares traded versus three month average volume of about 72,000. Shares of FYX were down about 0.2% on the day.
In trading on Wednesday, the Invesco China Technology ETF is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Joyy, up about 5.4% and shares of Baidu, up about 4.4% on the day.
Large cap value stocks usually reside on the more conservative end of the investment spectrum. After years of disappointment these names are ready to regain their long-term viability according to many fund managers. Cost-conscious investors can get in on that rebound with broad-based exchange traded funds such as the SPDR S&P 500 Value ETF (NYSEArca: [...] Read more at ETFtrends.com.
Some investors may be skittish about embracing the Tesla shares at current market levels. That concern, though reasonable, can be buffered by using an exchange traded fund proxy for Tesla stock. The ARK Autonomous Technology & Robotics ETF (CBOE: ARKQ) is a strong idea to consider as an ETF with one of the largest allocations [...] 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 Invesco WilderHill Clean Energy ETF (Symbol: PBW) where we have detected an approximate $117.0 million dollar inflow -- that's a 3.4% increase week
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 $216.0 million dollar inflow -- that's a 1.3% incr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $181.8 million dollar outflow -- that's a 3.9% decrease week over week (from 1
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Gold Miners ETF (Symbol: GDX) where we have detected an approximate $297.3 million dollar outflow -- that's a 1.9% decrease week over week (from 446
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI EAFE Growth ETF (Symbol: EFG) where we have detected an approximate $124.5 million dollar inflow -- that's a 1.2% increase week over we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the KWEB ETF (Symbol: KWEB) where we have detected an approximate $127.1 million dollar inflow -- that's a 2.9% increase week over week in outstanding u