Economic Overview Economic data in March took a back seat to the fireworks surrounding the meltdowns of Silicon Valley Bank and Signature Bank. The debate over “hard/soft/no landing” pivoted during the month from “no” to “soft”, given the sudden banking crisis here in the U.S., and globally with the shotgun marriage of Credit Suisse to [...]
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On the most recent episode of ETF Prime, VettaFi’s President Tom Hendrickson discusses the firm’s recent acquisition of the ROBO Global Index suite and highlights the latest thematic ETFs engagement data on the platform. Later in the episode, ETF.com’s Sean Allocca discusses finalists for their annual industry awards, and Eddy Elfenbein, portfolio manager and editor [...]
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In trading on Tuesday, shares of the Invesco FTSE RAFI US 1500 Small-Mid ETF (Symbol: PRFZ) crossed above their 200 day moving average of $163.34, changing hands as high as $164.13 per share. Invesco FTSE RAFI US 1500 Small-Mid shares are currently trading up about 1.2% on the
In trading on Tuesday, shares of the DFAT ETF (Symbol: DFAT) crossed above their 200 day moving average of $44.17, changing hands as high as $44.32 per share. DFAT shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of DFAT sh
In trading on Tuesday, shares of the First Trust Morningstar Dividend Leaders Index Fund ETF (Symbol: FDL) crossed above their 200 day moving average of $36.09, changing hands as high as $36.21 per share. First Trust Morningstar Dividend Leaders Index Fund shares are currently
In trading on Tuesday, shares of the Investment Grade Floating Rate ETF (Symbol: FLTR) crossed above their 200 day moving average of $24.90, changing hands as high as $24.98 per share. Investment Grade Floating Rate shares are currently trading up about 0.4% on the day. The c
Advisors can use NightShares ETFs in the alternatives sleeve of client portfolios. Alternative assets are used to reduce the overall risk and diversify client portfolios, as alternatives should have minimal correlation to stocks or bonds. These non-correlated assets can minimize the volatility of the portfolio and often lead to higher overall portfolio returns. NightShares ETFs [...]
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The past week has been all about economic data and what it means for the Fed’s ongoing campaign to whip inflation — and the numbers haven’t exactly shown the cooling off that the central bank is looking for amid a rapidly dwindling money supply. Jobs numbers are slowing down, yes, but openings are still well [...]
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It’s a big week in economic data for the U.S. economy. Conflicting data from a decline in job openings in February Job Openings and Labor Turnover (JOLTS) and a strong March employment report, and an upcoming CPI report, present a somewhat cloudy view. But the underlying data suggests that the slide towards recession may already [...]
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Many advisors use the Invesco S&P 500® Equal Weight ETF (RSP) as the core equity holding in client portfolios as it removes size bias, effectively mitigating concentration risk. RSP is based on the S&P 500 Equal Weight Index, which is designed to be a size-neutral version of the S&P 500. It includes the same constituents [...]
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Top Performing Levered/Inverse ETFs Last Week These were last week’s top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (GDXU B-) MicroSectors Gold Miners 3X Leveraged ETN 16.13% (SOXS B) Direxion Daily Semiconductor Bear 3x Shares 13.75% (CURE B+) Direxion [...]
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The iShares Cybersecurity and Tech ETF is seeing unusually high volume in afternoon trading Tuesday, with over 1.8 million shares traded versus three month average volume of about 63,000. Shares of IHAK were off about 0.2% on the day.
Components of that ETF with the highest v
By Mark Hackett Can fixed income rally during inflation and interest rate regime change? After decades of low inflation and interest rates, we are facing a global macroeconomic shift; what we consider regime change. Heightened geopolitical tensions, deglobalization, steep inflation, and a course-reset in the Fed’s monetary policy have created uncertainty in the markets and [...]
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Those that were hoping for a rapid return to normalcy heading into this year are in for disappointment according to the International Monetary Fund, which is currently forecasting persistent elevated global core inflation and a muted global GDP outlook five years out. Volatility and downside risk will remain major factors for investors to contend with [...]
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The expectation that the U.S. Federal Reserve will turn dovish with regard to interest rate policy is causing investors to pile into more gold. The precious metal is leading the way for commodities exposure, particularly for the Neuberger Berman Commodity Strategy ETF (NBCM). The Fed could finally be taking a pivot on its hawkishness after [...]
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In trading on Tuesday, the Copper Miners ETF is outperforming other ETFs, up about 3.5% on the day. Components of that ETF showing particular strength include shares of First Quantum Minerals, up about 6.2% and shares of Hudbay Minerals, up about 4.3% on the day.
Investors are increasingly interested in sustainable and impact investment products and investing with environmental, social, and governance (ESG) considerations in mind. In fact, results of a new study from Coalition Greenwich show that most global institutional fixed income investors plan to invest more in ESG-labeled fixed income funds, with more than 90% of survey respondents [...]
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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 20-YR TREASURY BULL 3X Shares, where 6,800,000 units were destroyed, or a 4.3% 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 iShares U.S. Treasury Bond ETF, which added 8,800,000 units, or a 0.8% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco KBW Bank ETF (Symbol: KBWB) where we have detected an approximate $108.4 million dollar outflow -- that's a 8.1% decrease week over week (fr