The ALPS Disruptive Technologies ETF (DTEC) is rallying while Big Tech falls on disappointing earnings results from Alphabet (GOOGL) and Microsoft (MSFT). DTEC is up over 2% mid-day Wednesday and has increased nearly 7.5% over the past five days. Meanwhile, shares of Microsoft and Alphabet fell 8% in early trading Wednesday, bringing down other Big [...] Read more at ETFtrends.com.
While Google parent Alphabet reported lackluster earnings after the closing bell on Tuesday, the tech giant did report strong free cash flow for Q3. Alphabet reported more than $16 billion in free cash flow for the quarter that ended September 30. Free cash flow is the cash left over after a company has paid expenses, [...] Read more at ETFtrends.com.
Many advisors may be surprised to see a clean energy ETF topping VettaFi’s list of the 100 Highest 5-Year ETF Returns. The Invesco Solar ETF (TAN) has returned 205.4% over a five-year period ending October 25, the highest five-year return out of all ETFs. The next best-performing ETF, the First Trust NASDAQ Clean Edge Green [...] Read more at ETFtrends.com.
As 2022 draws to a close, investors are already looking at ways to minimize their tax burden for what’s been a challenging investment environment this year. The good news is that those losses can be deducted thanks to tax loss harvesting, as investors can use thematic exchange-traded funds (ETFs) with high-growth potential as an option [...] Read more at ETFtrends.com.
As markets have tumbled, investors have been putting money into value ETFs. Not only have value funds outperformed growth throughout 2022, but they are also typically higher quality and tend to pay dividends. “We’re seeing investors gravitating towards companies that are profitable today as opposed to companies that will be more profitable in the future,” [...] Read more at ETFtrends.com.
T. Rowe Price has launched the T. Rowe Price U.S. High Yield ETF (NYSE Arca: THYF), the firm’s fourth actively managed fixed income exchange-traded fund. The actively managed ETF is available to the public beginning today on NYSE Arca. Managed by the same investment team led by Kevin Loome and using the same process as [...] Read more at ETFtrends.com.
VettaFi vice chairman Tom Lydon appeared on Fox Business’s “Mornings With Maria” along with Payne Capital Management president Ryan Payne and host Maria Bartiromo to discuss the state of the markets as earnings reports roll in and the opportunities available in small-caps. Watch the latest video at foxbusiness.com Payne thinks that tech is a “victim of [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the iShares U.S. Healthcare ETF (Symbol: IYH) crossed above their 200 day moving average of $272.95, changing hands as high as $274.70 per share. iShares U.S. Healthcare shares are currently trading up about 1.6% on the day. The chart below
Emerging market investors took notice this week when market dislocations on Monday revolving around Chinese companies caused sudden concern. The moves were due to a WisdomTree rebalance of its ex-state-owned-enterprise funds with exposure to China that resulted in the company dropping Tencent, Baidu, and Weibo from its ex-SOE indexes. The two funds that rebalanced at [...] Read more at ETFtrends.com.
First Trust Advisors has launched a new exchange traded fund, the First Trust Indxx Aerospace & Defense ETF (NYSE Arca: MISL). According to the asset manager, the fund seeks investment results that correspond generally to the price and yield, before the fund’s fees and expenses, of the Indxx US Aerospace & Defense Index. MISL provides exposure [...] Read more at ETFtrends.com.
The effects of the global health crisis remain tangible today. On the more positive side of the ledger, the COVID-19 pandemic dramatically altered the healthcare landscape and did so with long-ranging implications for investors. Not all healthcare exchange traded funds are up to the task of meeting the sector’s new, modern complexion, but the Goldman [...] Read more at ETFtrends.com.
In trading on Wednesday, the Invesco China Technology ETF is outperforming other ETFs, up about 7.1% on the day. Components of that ETF showing particular strength include shares of Pinduoduo, up about 11.3% and shares of Joyy, up about 11.1% on the day.
It’s been a lousy year for growth stocks with the technology sector ranking as one of the most egregious offenders, but after more than nine months of struggles by the once-beloved group, some investors are revisiting tech stocks. That could be positive news for an assortment of exchange traded funds, including the Invesco QQQ Trust [...] Read more at ETFtrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the DIREXION DAILY 20-YR TREASURY BULL 3X Shares, which added 11,100,000 units, or a 23.6% increase week over week.
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 TIPS Bond ETF, where 9,200,000 units were destroyed, or a 3.7% decrease week over week.
In trading on Wednesday, shares of the Vanguard Health Care ETF (Symbol: VHT) crossed above their 200 day moving average of $240.79, changing hands as high as $241.94 per share. Vanguard Health Care shares are currently trading up about 1.6% on the day. The chart below shows
On a standalone basis, wide moat investing can be rewarding over the long term. The same is true of environmental, social, and governance (ESG) investing. Thanks to the VanEck Morningstar ESG Moat ETF (CBOE: MOTE), market participants can combine those two concepts under the umbrella of a single exchange traded fund. With plenty of wide [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the SPDR S&P Biotech ETF (Symbol: XBI) crossed above their 200 day moving average of $82.94, changing hands as high as $82.97 per share. SPDR S&P Biotech shares are currently trading up about 2.8% on the day. The chart below shows th
Down about 20% for the year, the S&P 500 is having an optimistic October, rising about 4% the past month to give bullish traders hope that the market could turn around before year’s end. This runs counter to what is typically a notoriously bearish month for the markets. More inflation fears and rate increases pushed [...] Read more at ETFtrends.com.