Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Communication Services Select Sector SPDR Fund (Symbol: XLC) where we have detected an approximate $86.8 million dollar outflow -- that's a 0.7%
Author: Veronica Fulton, Research Analyst Overall, the U.S. economy has proven resilient in the face of significant monetary tightening. Consumer demand has held up fairly well tied to a drawdown in pent-up savings. Growth in real wages and a contraction in energy prices have also provided a boost to disposable income. We’ve seen an increase [...]
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An index fund seeks to replicate the performance of an existing stock index, like the S&P 500 or the Russell 2000. Now, that investment may work for many investors. But not for all. For example, say an investor wants to replicate the performance of the S&P 500, but doesn’t want to invest in any energy [...]
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In trading on Wednesday, shares of the Vanguard Global ex-U.S. Real Estate ETF (Symbol: VNQI) crossed above their 200 day moving average of $41.12, changing hands as high as $41.19 per share. Vanguard Global ex-U.S. Real Estate shares are currently trading up about 0.5% on the
In trading on Wednesday, shares of the First Trust Capital Strength ETF (Symbol: FTCS) crossed below their 200 day moving average of $73.16, changing hands as low as $73.07 per share. First Trust Capital Strength shares are currently trading off about 0.7% on the day. The cha
In trading on Wednesday, shares of the Vanguard Health Care ETF (Symbol: VHT) crossed below their 200 day moving average of $240.84, changing hands as low as $240.20 per share. Vanguard Health Care shares are currently trading off about 0.9% on the day. The chart below shows
In trading on Wednesday, shares of the High Yield Muni ETF (Symbol: HYD) crossed above their 200 day moving average of $51.19, changing hands as high as $51.21 per share. High Yield Muni shares are currently trading up about 0.3% on the day. The chart below shows the one year
In trading on Wednesday, shares of the SCHH ETF (Symbol: SCHH) crossed above their 200 day moving average of $19.65, changing hands as high as $19.66 per share. SCHH shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of SCHH
In trading on Wednesday, shares of the The Real Estate Select Sector SPDR Fund ETF (Symbol: XLRE) crossed above their 200 day moving average of $37.76, changing hands as high as $37.80 per share. The Real Estate Select Sector SPDR Fund shares are currently trading up about 0.6
Ampify ETFs’ CEO and co-founder Christian Magoon told NYSE’s Judy Shaw at Exchange 2023 that the company is “really focused on income this year.” See more: “Amplify’s Thematic ETF Lineup Will Soon Be More Diverse” “I know rates are rising, and people are getting a little bit more in their savings account,” Magoon said. “But [...]
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Investors looking for generous income while maintaining a more defensive portfolio should not overlook bank loans. In the current environment, investors who want to squeeze as much yield as possible might look to bank loans instead of high yield bonds. Bank loans offer an attractive yield but are more conservative, adding less risk to portfolios [...]
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The People’s Bank of China cut its short-term borrowing rate Tuesday, a move that follows on the heels of last week’s deposit rate cuts. Domestic markets rose in response to the stimulus, lifting companies like Tencent and Alibaba, and carrying KraneShares CSI China Internet ETF (KWEB) into buy territory. The PBOC trimmed the 7-day reverse [...]
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With tech driving some of the market’s big moves this year, where should investors go next? There’s a strong argument for clean energy tech to be the place, particularly with the Fed’s rate pause Wednesday. That looming recession that defined the narrative so far this year no longer threatens as much, either. More bullish investors, [...]
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For nearly 75 years, Franklin Income, the mutual fund, has helped advisors and end clients. Through bull, bear, and even boring markets, the $70 billion portfolio provided uninterrupted income from equity and fixed income securities. However, I’m more excited about the great grandchild of this mutual fund, the Franklin Income Focus ETF (INCM). INCM began [...]
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This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. We’ve also included XRP, as it was one of the largest cryptocurrencies when this article began. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to [...]
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Back in 2010, the Fed justified its aggressive monetary policy “to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate” (full text). In effect, the Fed has been trying to increase inflation, operating at the macro level. More recently, in August of [...]
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AI has been one of the most exciting market themes over the last several weeks, and that extends to AI ETFs. ChatGPT’s arrival on the scene ignited interest in AI not only as a harbinger of other chatbots, but as a source of alpha in other industries. Of course, there are differences between ETFs that [...]
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The iShares U.S. Utilities ETF is seeing unusually high volume in afternoon trading Wednesday, with over 209,000 shares traded versus three month average volume of about 51,000. Shares of IDU were up about 0.9% on the day.
In trading on Wednesday, the Copper Miners ETF is outperforming other ETFs, up about 3.2% on the day. Components of that ETF showing particular strength include shares of Lundin Mining, up about 6.9% and shares of Capstone Copper, up about 4.8% on the day.
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 1-5 Year Investment Grade Corporate Bond ETF, where 8,100,000 units were destroyed, or a 1.7% decrease week over week.
And on a