Chatter about the Internet of Things (IoT) is increasing, and while IoT is often viewed as a theme with major implications for the communication services and technology sectors, there’s more to the story. That’s vital to the thesis for the Global X Internet of Things Thematic ETF (NasdaqGM: SNSR). SNSR targets the Indxx Global Internet [...] Read more at ETFtrends.com.
The Uranium ETF is seeing unusually high volume in afternoon trading Monday, with over 851,000 shares traded versus three month average volume of about 142,000. Shares of URA were up about 7% on the day.
Following a solid 1.62% gain last week, the MSCI Emerging Markets Index is higher by 13.33% year-to-date, confirming that stocks in developing economies are taking a turn for the better. Advisors can position client portfolios to capitalize on the emerging markets resurgence with WisdomTree’s Emerging Markets Multi-Factor Model Portfolio. “This model portfolio is designed for [...] Read more at ETFtrends.com.
In trading on Monday, the Junior Gold Miners ETF is outperforming other ETFs, up about 3.7% on the day. Components of that ETF showing particular strength include shares of Oceanagold, up about 30.2% and shares of Kinross Gold, up about 6.5% on the day.
The soaring stock market has been increasing investors’ risk appetite. After recording a historic rally in November, the U.S. stock market is showing no signs of slowdown. All the three major indices closed at record highs last week (read: S&P 500 Set to Climb Higher in 202
The iShares Global Clean Energy ETF (ICLN) has more than doubled this year as clean energy equities have come into the spotlight. Some market observers believe the asset class will continue shining in 2021. ICLN seeks to track the S&P Global Clean Energy IndexTM. The fund generally invests at least 90% of its assets in [...] Read more at ETFtrends.com.
HIGHLIGHTS: November was a historic month for equity returns. The Dow posted a double-digit gain and its best month since 1987. The S&P 500 Index and NASDAQ Composite each posted double-digit returns and put in new all-time highs as well. The Russell 2000 posted its best month ever up over 18%. The equity market rally [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon and CIO Dave Nadig caught up with Matt Bartolini, Head of SPDR America’s Research at State Street Global Advisors, on this week’s episode of ETF 360 to discuss the low interest rate environment. When considering the upcoming year and what advisors should do with their portfolios, Bartolini suggests, based on [...] Read more at ETFtrends.com.
The bullish small-cap chorus is mounting in size and veracity, and that’s giving new life to exchange traded funds like the ERShares International Equity ETF (NYSEARCA: ERSX). ERSX tracks 50 non-U.S. companies from around the world with market capitalizations between $300 million and $5 billion USD and the highest rank based on the six investment [...] Read more at ETFtrends.com.
The U.S. IPO market has been hot this year and new offerings from several high-profile names scheduled this month should boost the space even further.The largest provider of food delivery services DoorDash is expected to debut on the New York Stock Exchange under the ticker DASH
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 $166.4 million dollar inflow -- that's
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Home Construction ETF (Symbol: ITB) where we have detected an approximate $43.8 million dollar outflow -- that's a 2.2% decrease week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Japan ETF (Symbol: EWJ) where we have detected an approximate $218.0 million dollar inflow -- that's a 1.7% increase week over week in
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 Min Vol Factor ETF (Symbol: EFAV) where we have detected an approximate $43.2 million dollar outflow -- that's a 0.4% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro S&P500 (Symbol: UPRO) where we have detected an approximate $47.9 million dollar outflow -- that's a 2.6% decrease
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 500 Growth ETF, where 4,800,000 units were destroyed, or a 2.7% decrease week over week. Among the largest underlyi
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core MSCI Emerging Markets ETF, which added 7,200,000 units, or a 0.7% increase week over week. Among the largest underlying components o
In recent trading, shares of Tradeweb Markets Inc (Symbol: TW) have crossed above the average analyst 12-month target price of $60.44, changing hands for $61.12/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Innovative Industrial Properties Inc (Symbol: IIPR). The average 12-month price target for IIPR — averaging the work of 5 analysts — reveals an average price
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Inspire Medical Systems Inc (Symbol: INSP). The average 12-month price target for INSP — averaging the work of 10 analysts — reveals an average price target