Canada has experienced strong ETF growth aided by continued investor adoption of innovative products, much like the U.S. ETF market. While Canada is following in the US’s footsteps and growing ETF usage by registered investment advisors, through banks and other institutions, many Canadians had earlier access to many of the novel products gaining or potentially [...]
Read more at ETFtrends.com.
The global transition to renewable energy sources like solar power could be accelerated with lower costs and tax incentives, paving the way for strength in the Invesco Solar ETF (TAN). It’s not that the solar industry needed resuscitation. The aforementioned global shift to alternative energy was helped by federal government subsidies — most recently, by [...]
Read more at ETFtrends.com.
In recent trading, shares of Banco Bradesco SA (Symbol: BBD) have crossed above the average analyst 12-month target price of $3.60, changing hands for $3.62/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
In recent trading, shares of Builders FirstSource Inc. (Symbol: BLDR) have crossed above the average analyst 12-month target price of $122.38, changing hands for $126.76/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
In recent trading, shares of Louisiana-Pacific Corp (Symbol: LPX) have crossed above the average analyst 12-month target price of $65.00, changing hands for $65.41/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 NVIDIA Corp (Symbol: NVDA) have crossed above the average analyst 12-month target price of $431.25, changing hands for $438.08/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
In recent trading, shares of Equinix Inc (Symbol: EQIX) have crossed above the average analyst 12-month target price of $780.00, changing hands for $780.24/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
Though equities rose for much of June, many commodity classes tumbled, particularly within the energy sector. Carbon allowances climbed in June and investors seeking to capture global performance should consider the KraneShares suite of carbon ETFs. Major energy commodities like crude oil currently suffer from global oversupply. Forward-looking projections for energy commodities remain dim on [...]
Read more at ETFtrends.com.
A leaked internal memo from Google reveals that even the pioneering companies developing Generative AI (GenAI) to create new solutions are questioning their role in the future. In this case, the unrest comes not from any fear of AI’s ability to replace human workers, but instead, whether the combination of GenAI’s open source design and ease of [...]
Read more at ETFtrends.com.
The artificial intelligence (AI) industry is growing rapidly, and investors are looking for ways to gain exposure to this market. One way to do this is through ETFs that invest in AI. This article will explore the expense ratios and YTD returns of four ETFs investing in AI with some of the lowest fees in [...]
Read more at ETFtrends.com.
June brought a reprieve from interest rate hikes but the potential for two more rate increases this year. The Quadratic Deflation ETF (BNDD) is well-positioned for slowing growth and is a top-performing bond ETF year-to-date. The majority of Fed officials indicated at the June FOMC meeting that rates could be raised two more times before [...]
Read more at ETFtrends.com.
In the latest episode of ETF Prime, VettaFi’s head of research Todd Rosenbluth discusses iShares’ bitcoin ETF filing and the increasing number of launches and filings for active ETFs. Later, Charles Schwab’s senior investment portfolio strategist D.J. Tierney discusses ETF flows, standout ETFs, and their direct indexing platform. Plus, T. Rowe Price’s global head of ETFs Tim Coyne [...]
Read more at ETFtrends.com.
Seven of the eight indexes on our world watch list posted gains through June 20, 2023. Nikkei 225 finished in the top spot with a YTD gain of 27.95%. The U.S.’s S&P 500 finished in second with a YTD gain of 14.76% while France’s CAC 40 moved into third with a YTD gain of 10.12%. World Indexes [...]
Read more at ETFtrends.com.
Direct indexing has been gaining attention as a more customizable investment option than ETFs or mutual funds. However, it’s not for every client. So, which investors are most likely to benefit from direct indexing? Per Vanguard, advisors should look for clients in higher tax brackets experiencing at least one of these four common situations: Large [...]
Read more at ETFtrends.com.
In an unpredictable macroeconomic and market environment, advisors are shifting their focus toward income generating strategies. Here's how to find the right ETF to achieve your objective
In trading on Tuesday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Builders Firstsource, up about 4.2% and shares of Pgt Innovations, up about 2.5% on the day
American Century’s ETF operations hit a key milestone last week, surpassing $25 billion in assets under management across the 36 ETFs it markets under its American Century and Avantis brands. The firm first entered the market a little over five years ago. “[The issuer] has had success with a mix of actively managed and index [...]
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 Russell 2000 Growth ETF (Symbol: IWO) where we have detected an approximate $156.0 million dollar outflow -- that's a 1.6% decrease week ove