Tried to buy a house lately? You wouldn’t be the only one – despite buyers waving goodbye to 3% and even 4% mortgage rates that were available over the last three years or so, pending home sales have surged. In January, the Pending Home Sales Index saw its biggest increase since June 2020, and the [...]
Read more at ETFtrends.com.
In trading on Wednesday, shares of the iShares Biotechnology ETF (Symbol: IBB) crossed above their 200 day moving average of $127.02, changing hands as high as $127.93 per share. iShares Biotechnology shares are currently trading up about 1.4% on the day. The chart below show
The technology and real estate sectors are leading the rally on Wednesday. Technology and real estate each rose 1.7% in midday trading, as the S&P 500 is on track to climb over 1% during the day. Investors looking to overweight the tech and real estate sectors may want to consider an equal-weight approach to get [...]
Read more at ETFtrends.com.
While inflation in the U.S. has come down considerably from its peak of 9.1% in June, consumer prices were still 6% higher at the end of February than they were a year ago. That’s still significantly up from the 2% the Federal Reserve would like inflation to be. So, the Fed has indicated that it [...]
Read more at ETFtrends.com.
Shares of Micron Technology (MU) jumped on Wednesday after the company reported fiscal second-quarter earnings. The memory chip maker’s stock climbed 7.5% in midday trading Wednesday after the company said industry fundamentals were starting to improve. Buoyed by the positive news for the industry, Intel Corporate (INTC) rose 7% by Wednesday afternoon. The company’s results [...]
Read more at ETFtrends.com.
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that the ETFs industry in the United States gathered net inflows of US$8.17 billion during February.
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that actively managed ETFs listed globally gathered net inflows of US$14.30 billion during February.
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that equity-based Smart Beta ETFs and ETPs listed globally saw net inflows of US$2.41 billion during February.
In the wake of the banking sector and bond volatility, the Fed raised rates another quarter point and most Fed officials are anticipating at least one more quarter-point raise as it continues to assert pressure on the economy in efforts to curtail inflation. Markets have remained markedly volatile in trading over the last two weeks [...]
Read more at ETFtrends.com.
The iShares MSCI USA Value Factor ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.5 million shares traded versus three month average volume of about 421,000. Shares of VLUE were up about 1.4% on the day.
In trading on Wednesday, the SPDR S&P Semiconductor ETF is outperforming other ETFs, up about 2.8% on the day. Components of that ETF showing particular strength include shares of Rambus, up about 7.4% and shares of Micron Technology, up about 6.4% 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 Select Dividend ETF, where 20,800,000 units were destroyed, or a 10.1% decrease week over week. Among the largest underlying compo
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 Bloomberg Natural Gas, which added 56,350,000 units, or a 24.2% increase week over week.
A look at the weighted underlying holdings of the WisdomTree U.S. AI Enhanced Value Fund (AIVL) shows an impressive 11.2% of holdings on a weighted basis have experienced insider buying within the past six months.
Axalta Coating Systems Ltd (Symbol: AXTA), which makes up 0.25%
A look at the weighted underlying holdings of the First Trust Nasdaq Bank ETF (FTXO) shows an impressive 16.4% of holdings on a weighted basis have experienced insider buying within the past six months.
First Citizens BancShares Inc (Symbol: FCNCA), which makes up 2.77% of the
In trading on Wednesday, shares of the First Trust Value Line Dividend Index Fund ETF (Symbol: FVD) crossed above their 200 day moving average of $39.48, changing hands as high as $39.52 per share. First Trust Value Line Dividend Index Fund shares are currently trading up abou
In trading on Wednesday, 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 $27.40 per share. Fallen Angel High Yield Bond shares are currently trading up about 0.6% on the day. The cha
In trading on Wednesday, shares of the NFRA ETF (Symbol: NFRA) crossed above their 200 day moving average of $50.98, changing hands as high as $51.22 per share. NFRA shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of NFRA
In trading on Wednesday, shares of the iShares Core S&P U.S. Growth ETF (Symbol: IUSG) crossed above their 200 day moving average of $86.09, changing hands as high as $86.84 per share. iShares Core S&P U.S. Growth shares are currently trading up about 0.8% on the day.
In trading on Wednesday, shares of the iShares S&P 500 Growth ETF (Symbol: IVW) crossed above their 200 day moving average of $61.94, changing hands as high as $62.48 per share. iShares S&P 500 Growth shares are currently trading up about 0.8% on the day. The chart be