In trading on Tuesday, shares of the SPDR S&P Metals & Mining ETF (Symbol: XME) crossed above their 200 day moving average of $51.66, changing hands as high as $52.13 per share. SPDR S&P Metals & Mining shares are currently trading up about 2.4% on the day. Th
In trading on Tuesday, shares of the SCHD ETF (Symbol: SCHD) crossed above their 200 day moving average of $74.05, changing hands as high as $74.40 per share. SCHD shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of SCHD sh
In trading on Tuesday, shares of the iShares S&P Small-Cap 600 Value ETF (Symbol: IJS) crossed above their 200 day moving average of $95.00, changing hands as high as $95.50 per share. iShares S&P Small-Cap 600 Value shares are currently trading up about 1.2% on the da
In June, the ETF industry learned that issuer ETF Managers Group would be selling its funds to Amplify ETFs. The transaction, once completed, will bring Amplify’s total AUM to $8 billion invested across 29 ETFs. About a month after the news of the asset acquisition, Sam Masucci resigned as CEO of ETFMG following an SEC [...]
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On this episode of ETF Prime, host Nate Geraci speaks with a trio of individuals discussing several different topics. His guests include VettaFi’s Todd Rosenbluth who discusses bitcoin ETFs, F/m Investments mutual fund share class filing, and more. Geraci also speaks with Charles Schwab’s Tom Generazio about his thoughts on best ETF trading practices. To close the podcast [...]
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Recent broad based equity market gains have been driven by a limited number of companies, and many investors theorize that the recent outperformance of these names will continue. Market history suggests that valuations eventually matter as the market laggers become the leaders. Reversion to the mean is an extraordinarily strong force in the markets as [...]
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The iShares Cohen & Steers REIT ETF is seeing unusually high volume in afternoon trading Tuesday, with over 401,000 shares traded versus three month average volume of about 131,000. Shares of ICF were up about 0.8% on the day.
The United States Court of Appeals announced this morning it’s ruling in favor of the Grayscale petition to convert its flagship fund, GBTC, to a bitcoin ETF. In the intricate game of chess the SEC plays with bitcoin funds, it’s a “check” for Grayscale’s white knight strategy. The ruling hinged on the SEC’s lack of [...]
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By Thomas A. Martin, CFA, Senior Portfolio Manager The central banks are “putting on the finishing touches?” The cake has largely been baked and the base layer of frosting has been applied. Is it ready to serve or does it need a few decorative flowers and a smiley face? The chefs are talking it over. [...]
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By Caleb Sevian Thought to ponder… “Your outer world reflects the state of your inner world. By controlling the thoughts that you think and the way you respond to the events of your life, you begin to control your destiny.” Robin Sharma The Monk Who Sold His Ferrari, Special 15th Anniversary Edition The View from [...]
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In trading on Tuesday, the ARK Next Generation Internet ETF is outperforming other ETFs, up about 4.9% on the day. Components of that ETF showing particular strength include shares of Coinbase Global, up about 12.9% and shares of 2U, up about 6.8% on the day.
And underperformi
With a mutual fund or ETF, investors own shares of a basket of securities that tracks an index alike the S&P 500 or Russell 3000. But with a direct indexing service, investors directly own individual stocks in a separately managed account (SMA) that represents a chosen benchmark. And since investors directly own the individual securities [...]
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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 MSCI Emerging Markets ETF, where 24,750,000 units were destroyed, or a 4.3% decrease week over week. Among the largest underlying
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the The Health Care Select Sector SPDR Fund, which added 6,450,000 units, or a 2.1% increase week over week. Among the largest underlying components o
Argentina’s official election isn’t until October. However, Libertarian economist Javier Milei’s big upset in the August primary suggests the South American country could soon have a new president. And the unexpected turn of events could set the scene for a rebound in Argentina stocks. Milei is a political outsider no one thought had any chance [...]
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In trading on Tuesday, shares of the SPDR S&P Kensho New Economies Composite ETF (Symbol: KOMP) crossed above their 200 day moving average of $42.60, changing hands as high as $42.72 per share. SPDR S&P Kensho New Economies Composite shares are currently trading up abo
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Gold Shares (Symbol: GLD) where we have detected an approximate $213.8 million dollar outflow -- that's a 0.4% decrease week over week (from 30
A look at the weighted underlying holdings of the WisdomTree U.S. MidCap Dividend Fund (DON) shows an impressive 11.4% of holdings on a weighted basis have experienced insider buying within the past six months.
Healthpeak Properties Inc (Symbol: PEAK), which makes up 0.48% of
Madison Investments has expanded its suite of actively managed, income-driven ETFs with the Madison Aggregate Bond ETF (NYSE Arca: MAGG). MAGG aims to generate superior long-term risk-adjusted performance by allocating across a diverse set of fixed income sectors and securities. The fund actively manages portfolio duration, yield curve positioning, sector/industry allocation, and credit quality. Its [...]
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In trading on Tuesday, shares of the JPST ETF (Symbol: JPST) crossed above their 200 day moving average of $50.19, changing hands as high as $50.22 per share. JPST shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of JPST sh