Ground zero for disruptive growth in the healthcare sector is genomics through the ARK Genomic Revolution Multi-Sector Fund (CBOE: ARKG). ARKG holds equity securities of companies across multiple sectors, including health care, information technology, materials, energy, and consumer discretionary, that are relevant to the fund’s genomics theme. The active management team behind the ARKG strategy [...] Read more at ETFtrends.com.
As the cryptocurrency universe evolves, more market observers are warming to the idea of including digital assets as parts of broader investment portfolios. Typically, those conversations center around Bitcoin because that is the largest digital currency and its credibility as a store of value is on the rise. Still, some analysts recommend restrained allocations to [...] Read more at ETFtrends.com.
Stocks and index ETFs are mixed on Wednesday, slipping a bit after a robust two-day drive higher, as investors considered a fresh batch of corporate earnings. The Dow Jones Industrial Average has been flat to lower Wednesday, after failing to breach Tuesday’s high. The S&P 500 is also flat to marginally higher, while the tech-heavy [...] Read more at ETFtrends.com.
The pandemic-led lockdowns have been hurting oil consumption across the world putting huge pressure on oil price and profitability in the energy sector.In particular, earnings from the two U.S. supermajor oil producers, namely Exxon Mobil XOM and Chevron CVX have been mixed. Whil
The Invesco DWA Developed Markets Momentum ETF is seeing unusually high volume in afternoon trading Wednesday, with over 335,000 shares traded versus three month average volume of about 50,000. Shares of PIZ were down about 0.6% on the day.
In trading on Wednesday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Clean Energy Fuels, up about 18.3% and shares of Del
The S&P 500 and the Nasdaq Composite added about 0.5% and 4% past month, respectively, and the Dow Jones lost about 1.3%. However, small caps were still a winner as the Russell 2000 ETF IWM gained 4.8% past month (as of Feb 1, 2021).
Reasons abound to reconsider the old guard 60/40 equity/fixed income portfolio split, not the least of which is a recent rise in Treasury yields. “Since August, Treasury yields have roughly doubled, albeit from an all-time low. During the same period stocks have risen more than 20%. And while a similar dynamic took place in late [...] Read more at ETFtrends.com.
If there’s an asset class that combines hidden gem status with significant potential, it’s international small caps. Good news: the ERShares International Equity ETF (NYSEARCA: ERSX) simplifies access to ex-US smaller stocks. ERSX selects the most entrepreneurial, primarily Non-US Small Cap companies, that meet the thresholds embedded in its proprietary Entrepreneur Factor (EF). ERShares’ ETF [...] Read more at ETFtrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the The Energy Select Sector SPDR Fund, which added 14,000,000 units, or a 3.6% increase week over week. Among the largest underlying components of X
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares ProShares UltraPro Short QQQ, where 7,800,000 units were destroyed, or a 6.6% decrease week over week.
Silver and the related exchange traded funds are garnering attention amid speculation and short squeeze targeting by WallStreetBets traders. The squeeze didn’t pan out too well on Tuesday, as silver funds tumbled, but that doesn’t mean investors should ignore the Sprott Physical Silver Trust (NYSEArca: PSLV), which is structured as a trust, not an exchange [...] Read more at ETFtrends.com.
A look at the weighted underlying holdings of the The Real Estate Select Sector SPDR— Fund (Symbol: XLRE) shows an impressive 13.5% of holdings on a weighted basis have experienced insider buying within the past six months.
Crown Castle International Corp (Symbol: CCI),
A look at the weighted underlying holdings of the Invesco DWA Utilities Momentum ETF (PUI) shows an impressive 14.2% of holdings on a weighted basis have experienced insider buying within the past six months.
Atmos Energy Corp. (Symbol: ATO), which makes up 2.82% of the Invesc
In trading on Wednesday, shares of the iShares 10+ Year Investment Grade Corporate Bond ETF (Symbol: IGLB) crossed below their 200 day moving average of $70.54, changing hands as low as $70.45 per share. iShares 10+ Year Investment Grade Corporate Bond shares are currently tra
Chinese e-commerce giant Alibaba Group BABA reported robust third-quarter fiscal 2021 results before the opening bell on Feb 2, wherein it beat earnings and revenue expectations.Earnings of $3.38 per ADS beat the Zacks Consensus Estimate of 3.11 and increased 21% from the year-ag
In recent trading, shares of Workday Inc (Symbol: WDAY) have crossed above the average analyst 12-month target price of $253.09, changing hands for $257.76/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHR ETF (Symbol: SCHR) where we have detected an approximate $141.8 million dollar inflow -- that's a 3.6% increase week over week in outstanding u
In recent trading, shares of Vaxart Inc (Symbol: VXRT) have crossed above the average analyst 12-month target price of $17.67, changing hands for $23.33/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Total U.S. Stock Market ETF (Symbol: ITOT) where we have detected an approximate $283.8 million dollar inflow -- that's a 0.9%