In trading on Thursday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) crossed below their 200 day moving average of $107.11, changing hands as low as $106.72 per share. iShares iBoxx $ Investment Grade Corporate Bond shares are currently tradi
In trading on Thursday, shares of the Vanguard Intermediate-Term Corporate Bond ETF (Symbol: VCIT) crossed below their 200 day moving average of $78.58, changing hands as low as $78.45 per share. Vanguard Intermediate-Term Corporate Bond shares are currently trading down about
In trading on Thursday, shares of the Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) crossed below their 200 day moving average of $77.46, changing hands as low as $76.78 per share. Vanguard Long-Term Corporate Bond shares are currently trading off about 1.7% on the day.
The Invesco Golden Dragon China ETF (PGJ) is the top-performing equity ETF over the past week, propelled by the Chinese stocks’ rally. The Chinese stocks rally this week came as Beijing pledged to increase initiatives to bolster China’s economy. Stocks surged on Tuesday, as global hedge funds bought Chinese stocks at the fastest pace since October 2022, [...]
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The global transition to net-zero emissions will require enormous amounts of investment, regulatory support, and raw material. In electrification metals, the demand ramp-up is particularly significant but can current supply capabilities keep up? In copper, that answer looks to be a resounding no. The additional usage of copper in renewable energy and emissions reductions creates [...]
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Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a bi-weekly basis, updating the report every other Monday, along with an accompanying podcast. Orthodox finance and economics rests on the idea that higher interest rates reduce economic activity and lower the [...]
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by Kimberly Woody, Senior Portfolio Manager Nor will it be any time soon. The future is bright for AI, but it is much like the internet in 1999. We can see the promise and we know the transformative effects, but how it all plays out will take some time, and if history repeats, many of [...]
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By DAN ZOLET, CFA The Art and Science of Stock Selection DCF – RiverFront’s Primary Stock Valuation Tool As we digest earnings and Fed data this week, we thought it would be helpful to spend some time explaining how our equity team uses these inputs to properly position our portfolios. In our view, the goal [...]
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By Mark Hackett Last week marked nine months since the October low for the S&P 500® Index. The benchmark large-cap index has increased by over 25% since that low. This is a solid gain, especially compared to the average nine-month gain after major correction lows when there’s been no recession, according to Strategas. Prevailing market [...]
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The Investor Sentiment Survey, which is produced by the American Association of Individual Investors (AAII), is a weekly survey that asks individuals whether they have a bullish, neutral, or bearish perspective on the markets right now. The survey results illustrate investor optimism (or pessimism) regarding where they think the markets will be in six months. [...]
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A handful of midstream names have already announced increases to their dividends — something for investors to look forward to. Midstream earnings are just barely underway, but four constituents in the Alerian MLP Infrastructure Index (AMZI) have announced quarter-over-quarter growth to their dividends for the second quarter. AMZI is the underlying index for the Alerian MLP [...]
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By Carolina Carloni In the second part of our look at fixed income ETFs, we examine how the creation and redemption mechanism supports the liquidity of ETFs. In the first part of this blog, we covered some practical reasons why investors are increasingly using ETFs to access bond markets. In this instalment I will delve into the [...]
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The S&P 500 rallied before markets opened on Thursday as traders processed strong macroeconomic updates and a key earnings release. Shares of Meta (META) surged in premarket trading on Thursday, reaching their highest level since January 2022. Meta stock climbed 8% on the company’s better-than-expected second-quarter earnings report after the bell on Wednesday. See more: “Meta [...]
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VettaFi’s vice chairman Tom Lydon discussed the SPDR S&P Regional Banking ETF (KRE) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
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The Invesco Dividend Achievers ETF is seeing unusually high volume in afternoon trading Thursday, with over 425,000 shares traded versus three month average volume of about 77,000. Shares of PFM were down about 0.1% on the day.
In trading on Thursday, the Invesco Dynamic Semiconductors ETF is outperforming other ETFs, up about 3.4% on the day. Components of that ETF showing particular strength include shares of Lam Research, up about 9.5% and shares of Onto Innovation, up about 7.5% on the day.
In trading on Thursday, shares of the iShares Preferred and Income Securities ETF (Symbol: PFF) crossed above their 200 day moving average of $31.22, changing hands as high as $31.30 per share. iShares Preferred and Income Securities shares are currently trading up about 0.1%
In trading on Thursday, shares of the WisdomTree U.S. High Dividend Fund ETF (Symbol: DHS) crossed above their 200 day moving average of $83.22, changing hands as high as $83.29 per share. WisdomTree U.S. High Dividend Fund shares are currently trading up about 0.6% on the day
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 U.S. Aggregate Bond ETF, which added 10,500,000 units, or a 1.1% increase week over week.
And on a percentage change basis, the ETF
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, where 4,000,000 units were destroyed, or a 1.1% decrease week over week.