Foreign exchange markets aren’t for the risk averse, especially when it comes to dealing with a pandemic that’s seeing a higher number of cases rise globally. That being said, it does help to use currencies as a hedge, for short-term gains or for long-term holds, with funds like the Invesco CurrencyShares Canadian Dollar Trust (FXC). [...] Read more at ETFtrends.com.
The Institute for Supply Management (ISM) said on Dec 1 that its index of national factory activity rose to a reading of 57.5 last month from 59.3 in October (which had been the highest since November 2018). The data also fell shy of the economists’ estimate of 58.0 polled by R
Investors looking to get into smart beta funds that implement a factor strategy might be put off usual premium prices. If so, they haven’t checked out the Xtrackers Russell 1000 US QARP ETF (QARP), especially when it comes to getting exposure to value and quality factors. QARP seeks investment results that correspond generally to the [...] Read more at ETFtrends.com.
The BDC Income ETF is seeing unusually high volume in afternoon trading Thursday, with over 464,000 shares traded versus three month average volume of about 164,000. Shares of BIZD were up about 1.4% on the day.
In trading on Thursday, the First Trust Nasdaq Cybersecurity ETF is outperforming other ETFs, up about 3.5% on the day. Components of that ETF showing particular strength include shares of Zscaler, up about 24.6% and shares of Crowdstrike Holdings, up about 15.9% on the day.
The rotation to value out of high-flying technology names will help fuel more consumer discretionary names via ETFs like the Direxion Daily Consumer Discretionary Bull 3X ETF (NYSEArca: WANT). Bullish traders are starting to sense the need for consumer discretionary equities as more short sellers flee the scene. WANT is up 35% year-to-date after finishing [...] Read more at ETFtrends.com.
The rise of environmental, social, and governance (ESG) investing didn’t only bring in new investors, but more scrutiny from government regulators like the Securities Exchange Commission (SEC). Still, with a more ESG-friendly presidential administration ready for installation in the White House, more beneficial legislation that could boost ETFs like the SPDR S&P 500 ESG ETF [...] Read more at ETFtrends.com.
Up almost 34% year-to-date, the ALPS Disruptive Technologies ETF (CBOE: DTEC) clearly isn’t lacking for catalysts, but the diversified, disruptive technology fund may be getting more thanks to the incoming Biden Administration. DTEC tracks the Indxx Disruptive Technologies Index, which identifies companies using disruptive technologies across ten thematic areas, including Healthcare Innovation, Internet of Things, [...] Read more at ETFtrends.com.
Exchange traded funds with an emphasis on dividends have become increasingly popular. But not all dividend ETFs are created equal. Some sport higher expense ratios that can erode yields and total returns. At a time when dividend growth is just starting to rebound from some rocky times in the first half of 2020, the PowerShares [...] Read more at ETFtrends.com.
Amid another wave of coronavirus cases, it’s fair to say the U.S. economy could move in fits and starts over the coming months, potentially increasing the allure of fixed income allocations as advisors look to reduce risk in client portfolios. One avenue for accomplishing that objective is with WisdomTree’s Fixed Income Model Portfolio. “This model [...] Read more at ETFtrends.com.
Transparency in ESG performance matters, says MSCI’s Véronique Menou By MSCI The growth of sustainable investing is fueling demand for financial products that incorporate ESG strategies as well as the evolution of frameworks that facilitate its growth. Investment in ESG funds has reached an all-time high worldwide this year, powered by growing awareness of the [...] 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 iShares U.S. Treasury Bond ETF (Symbol: GOVT) where we have detected an approximate $57.3 million dollar outflow -- that's a 0.4% decrease week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Bloomberg Barclays High Yield Bond ETF (Symbol: JNK) where we have detected an approximate $107.8 million dollar outflow -- that's a 0.8
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI BRIC ETF (Symbol: BKF) where we have detected an approximate $51.0 million dollar outflow -- that's a 19.0% decrease week over week (fr
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. Real Estate ETF (Symbol: IYR) where we have detected an approximate $59.1 million dollar outflow -- that's a 1.2% decrease week over we
BlackRock, the world’s largest asset manager, is dropping the famous iShares brand from three of the firm’s actively managed fixed income ETFs. Those funds are as follows: the BlackRock Short Maturity Bond ETF (NEAR), BlackRock Short Maturity Municipal Bond ETF (MEAR), and BlackRock Ultra Short-Term Bond ETF (ICSH). Those ETFs “now carry the BlackRock brand to reflect the [...] Read more at ETFtrends.com.
Momentum is a favored investment factor, but that doesn’t mean it’s risk-free. Investors can prepare for momentum turbulence with the AGFiQ U.S. Market Neutral Momentum Fund (MOM). A long/short exchange traded fund, MOM seeks results that are in tune with Dow Jones U.S. Thematic Market Neutral Momentum Index. In order for the fund to accomplish [...] Read more at ETFtrends.com.
In recent trading, shares of RingCentral Inc (Symbol: RNG) have crossed above the average analyst 12-month target price of $323.82, changing hands for $329.18/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
In recent trading, shares of Envista Holdings Corp (Symbol: NVST) have crossed above the average analyst 12-month target price of $31.12, changing hands for $31.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
In recent trading, shares of Blackstone Group Inc (Symbol: BX) have crossed above the average analyst 12-month target price of $60.85, changing hands for $61.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on