In trading on Wednesday, shares of the iShares Broad USD High Yield Corporate Bond ETF (Symbol: USHY) crossed below their 200 day moving average of $35.09, changing hands as low as $34.99 per share. iShares Broad USD High Yield Corporate Bond shares are currently trading down
In trading on Wednesday, shares of the iShares iBoxx $ High Yield Corporate Bond ETF (Symbol: HYG) crossed below their 200 day moving average of $74.72, changing hands as low as $74.45 per share. iShares iBoxx $ High Yield Corporate Bond shares are currently trading down about
In trading on Wednesday, shares of the iShares Convertible Bond ETF (Symbol: ICVT) crossed below their 200 day moving average of $71.66, changing hands as low as $71.49 per share. iShares Convertible Bond shares are currently trading off about 0.6% on the day. The chart below
Believe it or not, there was a world before the smart phone, and indeed, before the iPhone. Apple (AAPL) profoundly changed our daily lives with its pocket-sized window into the internet, and AI has the potential for its own “iPhone moment.” ChatGPT and all of the other machine learning AI assistants it has inspired are [...]
Read more at ETFtrends.com.
China continues to rebound domestically from the lifting of COVID lockdowns, and looks to be a shining star for performance in a challenging global economic year. With most investors underweight China and Asia, the time is now to gain exposure to the growth of China’s domestic consumer through funds like the KraneShares CICC China Consumer [...]
Read more at ETFtrends.com.
It seems like February is ancient history, given the drumbeat of financial and global news, but just two months ago Exchange racked up impressive numbers as it brought together over 1,800 attendees from the financial community, giving them over 20 hours of content from cutting-edge speakers and thought leaders. Next year’s iteration of Exchange will [...]
Read more at ETFtrends.com.
Fixed income has been making a comeback this year after a historically bad year in 2022. In particular, investors are increasingly turning to high-yield bond funds. High-yield bonds currently are benefiting from elevated coupon income and are less risky than equities. Speaking with Bob Pisani on CNBC’s “Halftime Report,” BondBloxx Investment Management co-founder Joanna Gallegos said [...]
Read more at ETFtrends.com.
Our Cash Indicator methodology acts as a plan in case of an emergency. This is analogous to the multiple safety systems in a modern automobile, which includes an airbag. Importantly, each of these systems work together to potentially help smooth the ride. We manage risk within our strategic, long-term allocations based on diversification across equity, [...]
Read more at ETFtrends.com.
According to THOR Financial Technologies’ chief investment officer Brad Roth, the problem with most traditional low-volatility funds is that they experience “the full brunt and force of a market drawdown” during “periods of market stress.” “What we’re seeing in traditional low volatility is that in periods of market stress, we’re really seeing that those funds [...]
Read more at ETFtrends.com.
Advisors and investors in search of not just shorter-term opportunities amidst economic downturn and recession in the U.S. but also longer-term investment potential in the leading companies of tomorrow should consider equities that are already well underway with the energy transition. Such companies could be positioned to be at the forefront of their industries in [...]
Read more at ETFtrends.com.
Fixed income is one of the hottest asset classes right now, but with so many different types of bonds and debt securities out there, it can get overwhelming creating a pro and con list for each asset. That’s why it may make sense to consider the benefits of a total return bond ETF that actively [...]
Read more at ETFtrends.com.
A handful of large names in the S&P 500 accounted for most of the benchmark’s gains during the first quarter. The top 10 contributors were responsible for 90% of the S&P 500’s gains in Q1, with the triumvirate of Apple, Microsoft, and Nvidia contributing over 50%, according to S&P Dow Jones Indices. U.S. large caps [...]
Read more at ETFtrends.com.
Despite Volatility, Markets Post Gains in Q1 Despite bank failures and uncertainty regarding monetary policy and interest rates, equities posted gains in Q1 as the Nasdaq 100 Index was up nearly 17%, notching its best quarter since the second quarter of 2020. US growth stocks were among the best performers (+9.6%), followed by international developed [...]
Read more at ETFtrends.com.
The First Trust Large Cap Growth AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 213,000 shares traded versus three month average volume of about 34,000. Shares of FTC were down about 0.5% on the day.
Components of that ETF with the
In trading on Wednesday, the The Utilities Select Sector SPDR Fund ETF is outperforming other ETFs, up about 2.5% on the day. Components of that ETF showing particular strength include shares of American Electric Power, up about 3.5% and shares of Xcel Energy, up about 3.5% on
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 Russell 2000 ETF, where 14,400,000 units were destroyed, or a 4.9% decrease week over week. Among the largest underlying components
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Ultra VIX Short-Term Futures ETF, which added 12,950,000 units, or a 11.5% increase week over week.
And on a percentage change basis,
In trading on Wednesday, shares of the Vanguard Small-Cap Growth ETF (Symbol: VBK) crossed below their 200 day moving average of $211.23, changing hands as low as $210.55 per share. Vanguard Small-Cap Growth shares are currently trading off about 1% on the day. The chart belo
In trading on Wednesday, shares of the CALF ETF (Symbol: CALF) crossed below their 200 day moving average of $37.09, changing hands as low as $36.90 per share. CALF shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of CALF
In trading on Wednesday, shares of the SPDR Portfolio High Yield Bond ETF (Symbol: SPHY) crossed below their 200 day moving average of $22.72, changing hands as low as $22.70 per share. SPDR Portfolio High Yield Bond shares are currently trading off about 0.2% on the day. The