As shares of Facebook parent Meta Platforms Inc. (META) hit a 15-month high, investors can look to two Invesco ETFs for meaningful exposure. Shares of Meta gained more than 15% on Thursday in response to the company posting strong first-quarter earnings, bringing Meta stock’s year-to-date climb to 93%. Meta is the top holding in the [...]
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Despite much hand-wringing about a potential recession this year, the market has yet to show the kind of contraction or slowdown that would suggest a recession is imminent, even with a disappointing 1.1 annual growth rate for the first quarter. Understanding that split requires taking a look at a bifurcated tech sector and how firms [...]
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More investors are leaning on active ETF management strategies as economic unknowns continue to keep the capital markets on edge. As such, the dynamic flexibility offered by active management can help to mitigate risk and volatility. “Globally, 82% of investors plan to increase or maintain their exposures to active ETFs this year as conversions from [...]
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As if other concerns were insufficient, investors also worry about a debt ceiling fight looming in Washington. So, this weekend’s video is about the Debt Ceiling Impasse (What Could Go Wrong?) 3EDGE’s Chief Investment Strategist Fritz Folts and CEO/CIO Steve Cucchiaro discuss: • What is the government debt ceiling and how does it work? [...]
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The Invesco S&P MidCap 400 Revenue ETF is seeing unusually high volume in afternoon trading Thursday, with over 293,000 shares traded versus three month average volume of about 26,000. Shares of RWK were up about 1.4% on the day.
Author: Thomas A. Martin, CFA, Senior Portfolio Manager Earnings reporting, the inflation cycle, and the Fed cycle. Let’s not forget housing, employment, and the broad economy. Or the stock and bond markets. Oh, and goodness, banking. The middle is challenging because there are seemingly solid markers on either side, but it is unclear as to [...]
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Earlier this month, VanEck launched the VanEck Robotics ETF (IBOT), a thematic equity ETF offering exposure to the leading global companies that are driving and benefiting from the growth of the robotics industry. IBOT joins a thematic equity lineup that includes the VanEck Video Gaming and eSports ETF (ESPO), the VanEck Semiconductor ETF (SMH), and the VanEck Biotech [...]
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Tax-loss harvesting involves selling an investment at a loss, then reinvesting the proceeds of that sale into another asset. But since it’s often not feasible for financial advisors to manually review their clients’ portfolios every day – or even every month – for such opportunities, they often wait until the end of the year to [...]
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VettaFi’s vice chairman Tom Lydon discussed the Main BuyWrite ETF (BUYW) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” BUYW targets hedged equity strategies, Lydon said. The fund attempts to have lower volatility while also generating growth over time. Additionally, the fund targets a 6% annual yield on top of all [...]
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Confused by the markets so far this year? The big narratives in 2023 have seemed to conflict, with key indexes like the S&P 500 up despite fears of an earning slowdown, a possible recession, and Fed rate hikes. In a wide-ranging equities outlook discussion by Richard Bernstein Advisors (RBA) titled “Inflation: Yesterday’s Story or a [...]
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In trading on Thursday, the The Communication Services Select Sector SPDR Fund ETF is outperforming other ETFs, up about 5.3% on the day. Components of that ETF showing particular strength include shares of Meta Platforms, up about 14.1% and shares of Comcast, up about 7.7% on
Economic growth in the U.S. slowed in the first quarter more than analysts expected as high interest rates and stubbornly high inflation caused consumers to adopt a gloomier outlook towards the future. GDP growth grew at an annual rate of 1.1% in the first quarter of 2023. The rate of growth has slowed down from [...]
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Harbor Capital Advisors has expanded its ETF lineup with the launch of firm’s first multi-manager small-cap equity strategy. The Harbor Small Cap Explorer ETF (QWST), listed on the NYSE on April 27 with an 80 basis point expense ratio, utilizes a unique active multi-strategy approach. QWST invests in small-cap companies defined as those having a market [...]
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The aggressive, unprecedented Fed rate hiking regime of the last year has altered the investing landscape that was so dominant in the last decade. In that environment, advisors and investors had to go further out on the risk curve to generate meaningful income. In a market full of income-generating funds, the NEOS lineup is noteworthy [...]
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In trading on Thursday, shares of the SPDR S&P Semiconductor ETF (Symbol: XSD) crossed below their 200 day moving average of $179.88, changing hands as low as $172.89 per share. SPDR S&P Semiconductor shares are currently trading down about 4.8% on the day. The chart
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio Intermediate Term Corporate Bond ETF (Symbol: SPIB) where we have detected an approximate $202.0 million dollar inflow -- that's a 3.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Gold Trust (Symbol: IAU) where we have detected an approximate $173.3 million dollar inflow -- that's a 0.6% increase week over week in outs
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Staples Select Sector SPDR Fund (Symbol: XLP) where we have detected an approximate $403.8 million dollar inflow -- that's a 2.2% incre
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 TIPS Bond ETF, where 6,800,000 units were destroyed, or a 3.2% decrease week over week.
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 17,000,000 units, or a 10.2% increase week over week.