In trading on Wednesday, shares of the iShares MSCI China ETF (Symbol: MCHI) entered into oversold territory, changing hands as low as $48.222 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to mea
In trading on Wednesday, shares of the iShares China Large-Cap ETF (Symbol: FXI) entered into oversold territory, changing hands as low as $29.12 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
In trading on Wednesday, shares of the ProShares Ultra VIX Short-Term Futures ETF (Symbol: UVXY) entered into oversold territory, changing hands as low as $9.32 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis ind
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 $41.02, changing hands as high as $41.23 per share. First Trust Value Line Dividend Index Fund shares are currently trading up abou
In trading on Wednesday, shares of the First Trust Water ETF (Symbol: FIW) crossed above their 200 day moving average of $82.52, changing hands as high as $82.76 per share. First Trust Water shares are currently trading up about 2.1% on the day. The chart below shows the one
In trading on Wednesday, shares of the Lithium ETF (Symbol: LIT) crossed above their 200 day moving average of $77.76, changing hands as high as $77.95 per share. Lithium shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of
In trading on Wednesday, shares of the iShares MSCI Brazil ETF (Symbol: EWZ) crossed above their 200 day moving average of $31.20, changing hands as high as $31.64 per share. iShares MSCI Brazil shares are currently trading up about 2.6% on the day. The chart below shows the
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 500 High Dividend ETF, where 36,000,000 units were destroyed, or a 15.7% decrease week over week. Among the largest
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 7,500,000 units, or a 5.9% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BBEU ETF (Symbol: BBEU) where we have detected an approximate $133.7 million dollar outflow -- that's a 2.4% decrease week over week (from 117,799,5
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Dow Jones Internet Index Fund (Symbol: FDN) where we have detected an approximate $161.8 million dollar outflow -- that's a 3.5% decreas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P Ultra Dividend Revenue ETF (Symbol: RDIV) where we have detected an approximate $200.6 million dollar outflow -- that's a 19.6% decr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Treasury Bond ETF (Symbol: GOVT) where we have detected an approximate $108.2 million dollar inflow -- that's a 0.5% increase week over
As global economies continue to reopen, the worldwide transportation infrastructure is well positioned to capture pent-up demand for goods and travel, by both sea and sky. In the upcoming webcast, In a Post-Lockdown World, These Strategies Offer Exposure to Transportation’s Rebound, Frank Holmes, CEO of U.S. Global Investors, will discuss how loosened restrictions and the [...] Read more at ETFtrends.com.
There’s a lot of noise in markets this year, as inflation remains persistently high, the Federal Reserve hikes interest rates, and volatility continues, with markets seemingly driven by each new economic indicator. Keeping a focus on the five relevant economic and market signals will help investors best maintain perspective according to Scott Welch, CIMA, CIO [...] Read more at ETFtrends.com.
The Senate on Sunday approved a sweeping package to combat climate change, lower health care costs, raise taxes on some billion-dollar corporations, and reduce the federal deficit, The Washington Post reported. Dubbed the Inflation Reduction Act of 2022, the package would authorize the biggest burst of spending in U.S. history to tackle global warming — [...] Read more at ETFtrends.com.
The global economy is still recovering from and dealing with supply chain disruptions, something that has driven China to redouble its efforts towards self-reliance when it comes to energy and semiconductor chips, the powerhouses behind much of today’s innovations. Cleantech has been on the rise in China and given the regulatory support and environmental goals [...] Read more at ETFtrends.com.
With climate experts offering dire forecasts about the world’s future and many fund managers offering investment products adhering to environmental, social, and governance principles to combat the effects of climate change, one nascent fund manager has had enough and is pushing back. Strive Asset Management, which was launched this year with the goal of pushing [...] Read more at ETFtrends.com.
Direxion launched the first four of single stock leveraged and inverse ETFs. The funds, which trade on the Nasdaq, allow sophisticated traders to obtain magnified or inverse exposure to the daily performance of the common stocks of Apple and Tesla. They are the Direxion Daily AAPL Bull 1.5X (AAPU), the Direxion Daily AAPL Bear 1X [...] Read more at ETFtrends.com.
Direxion, a provider of tradeable and thematic ETFs, launched the first four of its single stock leveraged and inverse ETFs. The funds, which trade on the Nasdaq, allow sophisticated traders to obtain magnified or inverse exposure to the daily performance of the common stocks of Apple and Tesla. “Our new single stock leveraged and inverse [...] Read more at ETFtrends.com.