In the days leading up to the holiday weekend, it was fairly quiet in the ETF industry. The most remarkable development in the space was BlackRock’s launch of a pair of actively managed equity ETFs on Wednesday. The week kicked off with the debut of two more defined outcome ETFs from First Trust. The FT Cboe [...]
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Investors may be looking at tax season in the rearview, but that’s no excuse to ignore taxes all year. As discussed in previous coverage of advisors’ tax considerations, factors like the “January Effect” require tax attention. That supports the case for a tax-focused ETF like the American Century Diversified Municipal Bond ETF (TAXF) this year. [...]
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Nvidia (NVDA) continues to prove why it’s a top dog in AI, beating expectations and raising guidance to $11 billion for Q2 vs a previous $7 billion range expectations. As we’ve mentioned previously, Nvidia is not just “a chip” company that got lucky with blockchain and gaming during the pandemic. Look back only to last [...]
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The iShares MSCI Agriculture Producers ETF is seeing unusually high volume in afternoon trading Tuesday, with over 292,000 shares traded versus three month average volume of about 39,000. Shares of VEGI were down about 2% on the day.
In trading on Tuesday, the ARK Next Generation Internet ETF is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of Palantir Technologies, up about 9.6% and shares of Vuzix, up about 9% on the day.
An index fund is a type of mutual fund or exchange-traded fund (ETF) designed to replicate the performance of a specific market index, such as the S&P 500 or Dow Jones Industrial Average.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES, where 53,600,000 units were destroyed, or a 15.6% decrease week over week.
And on a percenta
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the DIREXION DAILY 20-YR TREASURY BULL 3X Shares, which added 25,100,000 units, or a 11.3% increase week over week.
And on a percentage change basis
In trading on Tuesday, shares of the iShares Core International Aggregate Bond ETF (Symbol: IAGG) crossed above their 200 day moving average of $48.90, changing hands as high as $48.95 per share. iShares Core International Aggregate Bond shares are currently trading up about 0
In trading on Tuesday, shares of the Vanguard Total International Bond ETF (Symbol: BNDX) crossed above their 200 day moving average of $48.54, changing hands as high as $48.64 per share. Vanguard Total International Bond shares are currently trading up about 0.5% on the day.
In trading on Tuesday, shares of the Fallen Angel High Yield Bond ETF (Symbol: ANGL) crossed above their 200 day moving average of $27.34, changing hands as high as $27.37 per share. Fallen Angel High Yield Bond shares are currently trading up about 0.3% on the day. The chart
Bitcoin is up almost 60% for the year, but down about 7% within the past month. As White House negotiations to raise the debt limit continue, it could be a prime mover for cryptocurrency prices.The question now is whether reaching a debt deal could be a good or bad thing. A recent Coindesk article noted [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Select Dividend ETF (Symbol: DVY) where we have detected an approximate $104.2 million dollar outflow -- that's a 0.5% decrease week over we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) where we have detected an approximate $1.3 billion dollar inflow -- that's a 1.4% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) where we have detected an approximate $1.5 billion dollar inflow -- that's a 4.2% increase week ove
In trading on Tuesday, shares of the iShares MSCI Global Min Vol Factor ETF (Symbol: ACWV) entered into oversold territory, changing hands as low as $96.591 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicat
In trading on Tuesday, shares of the SPDR Portfolio Short Term Corporate Bond ETF (Symbol: SPSB) crossed above their 200 day moving average of $29.46, changing hands as high as $29.47 per share. SPDR Portfolio Short Term Corporate Bond shares are currently trading up about 0.1
In trading on Tuesday, shares of the Vanguard Consumer Staples ETF (Symbol: VDC) entered into oversold territory, changing hands as low as $189.3812 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
Once a year, Miami becomes a global Mecca for Bitcoin enthusiasts and advocates when the city hosts the titular conference celebrating the largest digital asset by market value. With a $525 billion market cap, Bitcoin is currently the world’s 12th biggest asset, just behind Tesla ($550 billion) and ahead of Visa ($485 billion). As I [...]
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