Like all other sectors, the telecom sector has been impacted by the coronavirus crisis. The telecom firms had to incur higher costs associated with bad debt, production shutdowns and expenses related to retail store closures leading to lower equipment sales and advertising reven
The industrial sector has been delivering mixed results so far this reporting season. Of the 79.3% S&P industrial companies that have reported, 78.3% beat on the bottom line while 56.5% surpassed revenue estimates. For these companies, earnings declined 16.8% and revenues de
In trading on Monday, shares of the Vanguard Small-Cap Growth ETF (Symbol: VBK) crossed above their 200 day moving average of $183.92, changing hands as high as $185.48 per share. Vanguard Small-Cap Growth shares are currently trading up about 1.2% on the day. The chart belo
Gold miners are likely coronavirus beneficiaries as VanEck Vectors Gold Miners ETF GDX added about 20.4% past month (as of May 8, 2020), breezing past the S&P 500 ETF’s (IVV) 5.5% gains. In comparison, gold bullion ETF GLD advanced about 1%. The sector comes from a favorab
Wall Street was upbeat last week with the S&P 500, the Dow Jones and the Nasdaq adding about 3.5%, 2.6% and 6%, respectively. Gradual opening of economies, improvement in the virus outlook, developments in treatments and vaccines, the Fed and the U.S. government’s massive
The iShares ESG MSCI USA Leaders ETF is seeing unusually high volume in afternoon trading Monday, with over 823,000 shares traded versus three month average volume of about 67,000. Shares of SUSL were off about 0.3% on the day.
In trading on Monday, the SPDR— S&P— Biotech ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Cytokinetics, up about 23.8% and shares of Allakos, up about 14.6% on the day.
In trading on Monday, shares of the iShares Core International Aggregate Bond ETF (Symbol: IAGG) crossed below their 200 day moving average of $55.27, changing hands as low as $55.21 per share. iShares Core International Aggregate Bond shares are currently trading off about 0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Industrial Select Sector SPDR— Fund (Symbol: XLI) where we have detected an approximate $154.6 million dollar outflow -- that's a 2.0% decrea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares ESG MSCI USA ETF (Symbol: ESGU) where we have detected an approximate $95.5 million dollar outflow -- that's a 1.4% decrease week over week
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— 400 Mid Cap Growth ETF (Symbol: MDYG) where we have detected an approximate $128.4 million dollar inflow -- that's a 8.1% increa
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the (Symbol: PNQI) where we have detected an approximate $130.6 million dollar outflow -- that's a 18.3% decrease week over week (from 4,650,000 to 3,
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Brazil ETF (Symbol: EWZ) where we have detected an approximate $168.6 million dollar outflow -- that's a 3.4% decrease week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $795.3 million dollar outflow -- that's a 1.5% decrease week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust NASDAQ-100-Technology Sector Index Fund (Symbol: QTEC) where we have detected an approximate $108.1 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 Morningstar Wide Moat ETF (Symbol: MOAT) where we have detected an approximate $104.1 million dollar inflow -- that's a 3.5% increase week over wee
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 Small-Cap ETF (Symbol: SCZ) where we have detected an approximate $99.8 million dollar outflow -- that's a 1.2% decrease week ove
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares U.S. Treasury Bond ETF, where 12,700,000 units were destroyed, or a 2.4% decrease week over week.