In trading on Friday, shares of the The Utilities Select Sector SPDR Fund ETF (Symbol: XLU) crossed below their 200 day moving average of $71.30, changing hands as low as $69.60 per share. The Utilities Select Sector SPDR Fund shares are currently trading down about 1.6% on th
While it’s been a historically bad year for U.S. bonds, yields have gone up considerably this year, and prospects for long-term Treasuries look quite good right now. Through November, the leading bond index, the Bloomberg Aggregate, was down nearly 13% year-to-date through November. Meanwhile, long-term Treasury bonds have fared even worse, down more than 26% [...]
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As China gets back on a pragmatic path, with the easing of the country’s zero-COVID and property market policies that hurt domestic demand, there are three things for investors in emerging markets to keep in mind. With these recent decisions, Xi has acknowledged that pragmatic policies have made China rich and kept the Communist Party [...]
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One of the largest crises to happen in any of our lifetimes is already all around us and it’s likely going to come at a cost larger than the Great Financial Crisis of 2008, according to Luke Oliver, managing director, head of climate investments, and head of strategy at KraneShares, in a recent paper. The [...]
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In a year that has seen ESG face some notable stumbling blocks, including rising politicization and dropoffs in flows, there are still reasons to get excited about the E side of the equation. The Biden Administration’s infrastructure plan, passed last year, is set to release tens of billions for green energy and infrastructure in the [...]
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The Invesco DWA Developed Markets Momentum ETF is seeing unusually high volume in afternoon trading Friday, with over 398,000 shares traded versus three month average volume of about 29,000. Shares of PIZ were down about 1.2% on the day.
In trading on Friday, the SPDR S&P Aerospace & Defense ETF is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of Maxar Technologies, up about 122.9% and shares of V2x, up about 1.1% on the day.
Recent analysis revealed that it makes sense to convert some mutual fund products to ETFs, which can be traded intraday like stocks and may be tax efficient for some investors.t he BrandywineGLOBAL - Dynamic US Large Cap Value ETF (DVAL) is among the first to be reorganized.
Global investment management firm Franklin Templeton has converted the Martin Currie International Sustainable Unconstrained mutual fund, with about $29.16 million in AUM as of September 30, 2022, to an ETF named the Martin Currie Sustainable International Equity ETF (MCSE).
The U.S. Securities and Exchange Commission (SEC) proposed new rules to upend how brokerages process retail investor orders. The proposal was approved 3-2 by the SEC’s board along party lines earlier this week. Accounts operated by individuals or on behalf of individuals or families are eligible for protection as long as their order involves less [...]
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ARK Invest and CEO Cathie Wood have once again bought the dip on firms the company believes have long term potential to be real innovators, adding shares from Tesla (TSLA), Coinbase (COIN), and Verve Therapeutics (VERV) on Wednesday. The moves represent continued contrarian views not only on the stocks themselves, but also on the market [...]
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Meet a Strategist is a feature where Evan Harp talks to different strategists about how their firms are responding to the current moment. This week, he sat down with 3EDGE managing partner and chief investment strategist Fritz Folts. Evan Harp: What’s keeping your clients up at night? Fritz Folts: That’s a great question. I would [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Gold Shares (Symbol: GLD) where we have detected an approximate $314.2 million dollar inflow -- that's a 0.6% increase week over week in outsta
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Gold MiniShares Trust (Symbol: GLDM) where we have detected an approximate $81.1 million dollar outflow -- that's a 1.6% decrease week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) where we have detected an approximate $906.5 million dollar inflow -- that's a 1.1% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Innovation ETF (Symbol: ARKK) where we have detected an approximate $103.0 million dollar outflow -- that's a 1.5% decrease week over week (from
In trading on Friday, shares of the SPDR S&P Global Natural Resources ETF (Symbol: GNR) crossed below their 200 day moving average of $56.75, changing hands as low as $55.55 per share. SPDR S&P Global Natural Resources shares are currently trading off about 3.6% on the
In trading on Friday, shares of the First Trust Value Line Dividend Index Fund ETF (Symbol: FVD) crossed below their 200 day moving average of $39.89, changing hands as low as $39.73 per share. First Trust Value Line Dividend Index Fund shares are currently trading down about
In trading on Friday, shares of the SPDR Portfolio S&P 500 Value ETF (Symbol: SPYV) crossed below their 200 day moving average of $38.85, changing hands as low as $38.69 per share. SPDR Portfolio S&P 500 Value shares are currently trading off about 1.3% on the day. Th
In trading on Friday, shares of the SPDR S&P Bank ETF (Symbol: KBE) entered into oversold territory, changing hands as low as $43.87 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure m