Oil prices are up over 2.5% on Wednesday, buoyed by draws in U.S. inventories of crude, gasoline, and distillates. The news invigorated investors’ appetites for crude futures and crude oil ETFs, stoking hopes for some return in fuel demand. U.S. benchmark, West Texas Intermediate (WTI) crude futures, rose $1.22, or 2.6%, to trade at $48.23 per [...] Read more at ETFtrends.com.
With what seems to be the Christmas rally in full effect, stocks and index ETFs rallied back from the prior losing session on Wednesday, despite criticism from President Trump over the new coronavirus relief package, which could potentially postpone the delivery of funds to hurting Americans. The Dow Jones Industrial Average climbed 0.82%, while the [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds gained Wednesday as investors tried to look past the coronavirus woes and towards the economic recovery process. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) was flat, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.9% and iShares Core S&P 500 ETF (NYSEArca: IVV) rose 0.6%. Investors seemed [...] Read more at ETFtrends.com.
For investors looking for momentum, iShares Russell 2000 Growth ETF IWO is probably a suitable pick. The fund just hit a 52-week high and is up 129% from its 52-week low price of $129.54/share.
Internet stocks have surged in the COVID-induced 2020 as it has less to do with human contact. The coronavirus scare favored the online retailing industry as lockdowns boosted demand for online shopping and other kinds of Internet activities. No wonder, e-commerce stocks and ETFs
In one of the most widely anticipated additions in decades, Tesla (NASDAQ: TSLA) recently joined the S&P 500, meaning Elon Musk’s company is joining an array of exchange traded funds where it previously didn’t reside. However, it’s not a foregone conclusion Tesla will join the S&P 500 ESG Index, which is tracked by the SPDR [...] Read more at ETFtrends.com.
One of the primary advantages of the Nationwide Risk-Managed Income ETF (NYSEArca: NUSI) is that the exchange traded fund can complement an array of other traditional sources of retirement income, including insurance products. NUSI can act as a complement to traditional equity and fixed income allocations, or as the ideal protective hedge for investors with [...] Read more at ETFtrends.com.
It’s prime time for last-minute holiday shopping and data confirm that consumers that already got their shopping done and did plenty of it online, propping up exchange traded funds such as the Amplify Online Retail ETF (NYSEARCA: IBUY) in the process. IBUY has been a popular thematic play that targets global companies that generate at [...] Read more at ETFtrends.com.
There’s more to its story, but the ARK Industrial Innovation ETF (NYSEArca: ARKQ) is often highlighted for having one of the largest weights to Tesla (NASDAQ: TSLA) among all exchange traded funds. That’s a trait working in favor of ARKQ this year and one that could prove persistent as Tesla fends off new competitive threats [...] Read more at ETFtrends.com.
The Global X CleanTech ETF (CTEC) is one of the newest entrants to the clean energy exchange traded funds lineup, but it’s already showing it’s got plenty of potential. CTEC, which debuted in late October, follows the Indxx Global CleanTech Index and provides exposure to companies “involved in renewable energy production, energy storage, smart grid [...] Read more at ETFtrends.com.
The ERShares International Equity ETF (NYSEARCA: ERSX) is rapidly becoming a standout among small-cap exchange traded funds and it’s getting an assist from genomics stocks, many of which don’t dwell in traditional small-cap ETFs. ERSX selects the most entrepreneurial, primarily Non-US Small Cap companies, that meet the thresholds embedded in their proprietary Entrepreneur Factor (EF). [...] Read more at ETFtrends.com.
International equities, both developed and emerging markets, are getting plenty of attention as attractive asset classes for 2021, but getting international exposure just right can be a tricky task for some asset allocators. The WisdomTree Developed International Multi-Factor Model Portfolio is a clean, effective approach to international equity exposure. “This model portfolio is designed for [...] Read more at ETFtrends.com.
In trading on Wednesday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 5.7% on the day. Components of that ETF showing particular strength include shares of Kosmos Energy, up about 19.4% and shares of Southw
This has been a banner year for environmental, social, and governance (ESG) exchange traded funds, including the FlexShares STOXX US ESG Impact Index Fund (CBOE: ESG) and the FlexShares STOXX Global ESG Impact Index Fund (CBOE: ESGG). With 2020 nearly over, it pays to examine some of the factors driving increased adoption of ESG ETFs [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the Vanguard Long-Term Bond ETF (Symbol: BLV) crossed below their 200 day moving average of $110.84, changing hands as low as $108.14 per share. Vanguard Long-Term Bond shares are currently trading down about 3.6% on the day. The chart below
In trading on Wednesday, shares of the Vanguard Intermediate-Term Treasury ETF (Symbol: VGIT) entered into oversold territory, changing hands as low as $69.26 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indic
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 5-10 Year Investment Grade Corporate Bond ETF (Symbol: IGIB) where we have detected an approximate $110.8 million dollar outflow -- that's a
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares Ultra QQQ (Symbol: QLD) where we have detected an approximate $50.6 million dollar outflow -- that's a 1.3% decrease week over w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARKK ETF (Symbol: ARKK) where we have detected an approximate $1.6 billion dollar inflow -- that's a 10.1% increase week over week in outstanding un