The latest existing home sales data has pleased investors. Notably, the pandemic-hit 2020 saw existing home sales reach the highest level since before the Great Recession. This was highlighted in the National Association of Realtors’ (NAR) report, which also showed a 0.7% month
In modest allocations, emerging markets assets are functional in retirement portfolios and that’s particularly true on the fixed income side. Enter the VanEck Vectors Emerging Markets Local Currency Bond ETF (NYSEArca: EMLC). EMLC seeks to replicate the price and yield performance of the J.P. Morgan GBI-EM Global Core Index. The index is comprised of bonds issued [...] Read more at ETFtrends.com.
After a respite on Thursday, stocks and index ETFs tumbled once again on Friday after a trial result from Johnson & Johnson’s coronavirus vaccine disappointed some investors. Fears about a retail trading battle between smaller and larger investing players continued. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have all lost more than [...] Read more at ETFtrends.com.
A double dose of gold and Russia are the ETF themes that have been seeing heavy average daily volume in VanEck’s suite of ETFs. Check out the three ETFs below. VanEck Vectors Gold Miners ETF (GDX): GDX seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the [...] Read more at ETFtrends.com.
As the capital markets continue to swarm with activity over a renewed risk-on from investors and Reddit forums, there’s no shortage of volume occurring in the iShares ETF brand. Here are five funds that have been seeing the highest average daily volume as of late. SPDR S&P 500 ETF (SPY): one of the largest and [...] Read more at ETFtrends.com.
Social distancing is helping to push the needle toward more telemedicine, which bodes well for ETFs like the Global X Telemedicine and Digital Health ETF (EDOC). The fund is up 9% to start 2021. “Once considered to be merely a novel way to connect doctors with patients, telemedicine now is recognized as an essential tool [...] Read more at ETFtrends.com.
Silver price soared more than 6% on the Jan 28 trading session driven by growing rumors of a “short squeeze” in the precious metal. After GameStop GME and AMC Entertainment AMC, the Reddit’s “Wall Street Bets” forum is now eyeing to “short squeeze” the silver market
The Invesco S&P SmallCap 600 Revenue ETF is seeing unusually high volume in afternoon trading Friday, with over 162,000 shares traded versus three month average volume of about 29,000. Shares of RWJ were up about 5.1% on the day.
In trading on Friday, the SPDR— S&P— Retail ETF is outperforming other ETFs, up about 7.7% on the day. Components of that ETF showing particular strength include shares of Gamestop, up about 72.4% and shares of Party City, up about 9.6% on the day.
In recent trading, shares of ON Semiconductor Corp (Symbol: ON) have crossed above the average analyst 12-month target price of $34.89, changing hands for $35.25/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BBAX ETF (Symbol: BBAX) where we have detected an approximate $117.4 million dollar inflow -- that's a 6.4% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $1.4 billion dollar outflow -- that's a 0.9% decrease week over week (from 480,400,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR— Fund (Symbol: XLK) where we have detected an approximate $184.9 million dollar outflow -- that's a 0.5% dec
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) where we have detected an approximate $1.5 billion dollar outflow -- that's a 2.8%
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— Oil & Gas Exploration & Production ETF (Symbol: XOP) where we have detected an approximate $116.7 million dollar
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Dow Jones— Industrial Average ETF Trust (Symbol: DIA) where we have detected an approximate $183.6 million dollar inflow -- that's
After notching jaw-dropping returns in 2020, Bitcoin is scuffling to start 2021, but that may be more a case of seasonality than weak underlying fundamentals. The largest digital currency could be in stronger form several months from now. Some crypto market experts believe one reason Bitcoin is slumping to start the new year is tax [...] Read more at ETFtrends.com.
The materials sector, which tends to be the most-sensitive to global economic growth expectations, has shown strength on optimism that COVID-19 vaccines will lead to faster-than-expected economic recovery.The popular ETFs — Materials Select Sector SPDR XLB, Vanguard Materials E
The Invesco KBW Bank ETF (NASDAQ: KBWB) followed the broader market lower over the past week, but investors may want to revisit the exchange traded fund soon. The release of loan loss reserves is just one of the reasons to do so. KBWB tracks the widely followed KBW Nasdaq Bank Index. “The Index is a [...] 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 SPDR— Gold MiniSharesSM Trust (Symbol: GLDM) where we have detected an approximate $111.9 million dollar inflow -- that's a 2.8% increase week