2022 was a historically bad year for fixed income, with bonds having their worst annual performance since Morningstar created its fixed income indexes. But now that we’re in 2023, higher interest rates and wider credit spreads have driven up yields, particularly for corporate debt. There’s an expectation that the Federal Reserve will ease up on [...]
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Midstream earnings reports for the fourth quarter are still underway, but many companies have already announced increases to their dividends, giving investors something to look forward to. Nine constituents in the Alerian Midstream Energy Select Index (AMEI), tracked by the Alerian Energy Infrastructure ETF (ENFR), have announced growth to their fourth quarter dividend. AMEI is [...]
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It’s hard to imagine it now, but at the turn of the millennium, the big advancement in technology was not the latest phone app, it was the Human Genome Project. Since then, genetics advancements are now powering health and biotech industries, with the latest upgrades coming in DNA synthesis. A recent paper highlights the ability [...]
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Many advisors are evaluating whether converting a separately managed account (SMA) into an ETF makes sense for their taxable clients. The answer is almost always “yes.” But few advisors seem to fully consider the ancillary benefits ETFs bring to their businesses. Launching an ETF today – through a conversion or otherwise – is much easier [...]
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Advanced Micro Devices (NASDAQ: AMD) saw its stock rise on Wednesday after posting strong quarterly earnings the day before. The chipmaker beat analyst expectations for sales and profit while forecasting a 10% decline in year-over-year sales for the current quarter. This is after chief rival Intel Corp. posted earnings that showed major declines in the company’s sales, [...]
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Allianz Investment Management LLC announced the launch of its February series of U.S. large-cap buffered exchange traded funds. The series includes two ETFs with a 12-month outcome period: the AllianzIM U.S. Large Cap Buffer10 Feb ETF (NYSE Arca: FEBT) and the AllianzIM U.S. Large Cap Buffer20 Feb ETF (NYSE Arca: FEBW). The February series is [...]
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From The Perfect Storm: Our investment objective is to produce above-market, risk-adjusted returns—over an investment cycle— at a lower level of experienced risk while mitigating the declines our clients experience over that investment cycle. Over the course of nine years, we have—to date—achieved it. [Past performance does not guarantee future returns.] Our method is to [...]
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Morgan Stanley Investment Management (MSIM) announced the launch of six Calvert exchange traded funds on NYSE Arca. The ETF product suite features Calvert Research and Management’s approach to responsible investing and offers investors access to four indexed environmental, social, and governance (ESG) strategies and two active ESG strategies across a range of asset classes. These [...]
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Dave Mazza has joined thematic ETF provider Roundhill Investments as chief strategy officer. In this role, he will oversee the firm’s product development, capital markets, and research functions as the company seeks to expand its fund lineup into additional categories. Mazza is well known within the ETF industry, bringing over 15 years of ETF and [...]
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The First Trust Global Wind Energy ETF is seeing unusually high volume in afternoon trading Wednesday, with over 191,000 shares traded versus three month average volume of about 81,000. Shares of FAN were up about 0.1% on the day.
In trading on Wednesday, the Invesco China Technology ETF is outperforming other ETFs, up about 2.8% on the day. Components of that ETF showing particular strength include shares of Weibo, up about 8.4% and shares of Dada Nexus, up about 6.4% on the day.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JAGG ETF (Symbol: JAGG) where we have detected an approximate $213.8 million dollar inflow -- that's a 18.7% increase week over week in outstanding
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Communication Services Select Sector SPDR Fund (Symbol: XLC) where we have detected an approximate $195.5 million dollar inflow -- that's a 2.1%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P Regional Banking ETF (Symbol: KRE) where we have detected an approximate $167.7 million dollar inflow -- that's a 7.0% increase week ov
In trading on Wednesday, shares of the First Trust Tactical High Yield ETF (Symbol: HYLS) crossed above their 200 day moving average of $40.53, changing hands as high as $40.65 per share. First Trust Tactical High Yield shares are currently trading up about 0.1% on the day. T
In trading on Wednesday, shares of the SGOV ETF (Symbol: SGOV) crossed below their 200 day moving average of $100.14, changing hands as low as $100.08 per share. SGOV shares are currently trading down about 0.4% on the day. The chart below shows the one year performance of SG
In trading on Wednesday, shares of the iShares Treasury Floating Rate Bond ETF (Symbol: TFLO) crossed below their 200 day moving average of $50.43, changing hands as low as $50.38 per share. iShares Treasury Floating Rate Bond shares are currently trading down about 0.3% on th
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio Short Term Treasury ETF (Symbol: SPTS) where we have detected an approximate $101.9 million dollar outflow -- that's a 2.5% decrease
In trading on Wednesday, shares of the iShares MSCI India ETF (Symbol: INDA) entered into oversold territory, changing hands as low as $40.485 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to mea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Health Care Select Sector SPDR Fund (Symbol: XLV) where we have detected an approximate $540.1 million dollar outflow -- that's a 1.3% decrease