Nasdaq ETFs

High energy prices and profitable oil-refining margins have led oil giants and Shell PLC to see record profits. Second-quarter profits for Exxon Mobil Corp. rose to $17.9 billion, while Chevron Corp. posted a profit of $11.6 billion. Shell PLC, meanwhile, reported record quarterly profits of $16.7 billion. “The companies’ banner profits mark a significant turnaround [...] Read more at ETFtrends.com.

Energy sector-related exchange traded funds jumped Friday after Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) quarterly results revealed their record profits, following the highest crude oil prices in over a decade. On Friday, the Energy Select Sector SPDR (NYSEArca: XLE) rose 3.7%, the Vanguard Energy ETF (NYSEArca: VDE) gained 3.7%, the iShares [...] Read more at ETFtrends.com.

High inflation, rising interest rates, and an investor shift towards value stocks have served WisdomTree well. On Friday, the ETF issuer reported nearly $4 billion in net inflows for the second quarter — its strongest since 2015 — and AUM of $74.3 billion. “We’re enjoying some extremely strong flows,” said WisdomTree’s president and COO Jarrett [...] Read more at ETFtrends.com.

Oil giants Exxon Mobil Corp (XOM) and Chevron Corp (CVX) posted record profits during the second quarter, lifting the Invesco S&P 500® Equal Weight Energy ETF (RYE).  The energy companies’ profits surged in the latest quarter from the highest energy prices in over a decade and lucrative oil-refining margins, the Wall Street Journal reported. Combined [...] Read more at ETFtrends.com.

Dividend ETFs have surged in popularity as investors look for income and safety as concerns of a serious economic downturn intensify.  Dividend strategies are a great source of income and have been among the most reliable sources of relative, if not absolute, performance this year.  Data shows dividend ETFs totaled almost $50 billion in new [...] Read more at ETFtrends.com.

Global inflation and a strong dollar may have been turning investors away from emerging markets (EM), but bargain hunters might be inclined to find value amongst these battered assets. Investors looking to tail the plays of asset managers might also find that EM present an opportunity. For instance, Franklin Templeton is finding value in EM-related [...] Read more at ETFtrends.com.

The S&P 500 is on track to record its best month since November 2020, and investors are wise to be venturing back into equities – particularly growth stocks – while they’re still trading at a discount. The ARK Space Exploration & Innovation ETF (ARKX) is an actively managed fund that invests in global companies engaged [...] Read more at ETFtrends.com.

After more than a year of disappointment, there’s renewed momentum for climate-related exchange traded funds. Believe it or not, Capitol Hill deserves the credit.

Treasury bonds and related exchange traded funds gained as recession concerns helped ease expectations of any further aggressive monetary policy tightening out of the Federal Reserve. On Thursday, the Vanguard Extended Duration Treasury ETF (EDV) rose 0.6%. “We continue to believe we are not out of the woods yet on the pressure the economy will [...] Read more at ETFtrends.com.

 In April, U.S. Bank was a year out from having converted its first mutual fund into an exchange traded fund. From what senior vice president Michael Barolsky has seen, “the interest from advisors” in converting mutual funds into ETFs “is only accelerating.” “Just these past few months, we’ve already converted five additional mutual funds [...] Read more at ETFtrends.com.

The Senate passed a bill this week that seeks to promote domestic development and growth of semiconductor chips in a bid to reduce reliance on supply chains and China. The bill is important for the U.S., but it’s what was missing from the legislation that could be noteworthy for Chinese companies listed in the U.S. [...] Read more at ETFtrends.com.

Precious metals-related exchange traded funds rallied on Thursday after the Federal Reserve’s less aggressive stance in the face of weakening U.S. economic data helped support the case for hard assets. Among the better-performing non-leveraged ETFs of Thursday, the ETFMG Junior Silver Miners ETF (NYSEArca: SILJ) advanced 3.6%, the VanEck Vectors Gold Miners ETF (NYSEArca: GDXJ) [...] Read more at ETFtrends.com.

Investors often think of healthcare as a slower-moving, defensive sector. To an extent, that’s true, but as technological innovation permeates various industries and sectors, healthcare is becoming a hotbed of disruptive growth unto itself. Investors looking for exchange traded funds levered to that theme may want to evaluate the Goldman Sachs Future Health Care Equity [...] Read more at ETFtrends.com.

The iShares U.S. Dividend and Buyback ETF is seeing unusually high volume in afternoon trading Friday, with over 110,000 shares traded versus three month average volume of about 75,000. Shares of DIVB were up about 0.3% on the day.

In trading on Friday, the Oil Services ETF is outperforming other ETFs, up about 3.5% on the day. Components of that ETF showing particular strength include shares of U.S. Silica Holdings, up about 21% and shares of Transocean, up about 8.6% on the day.

Among the most frequently mentioned criticisms of bitcoin mining is that it is an energy-intensive industry with potentially negative environmental implications. In this day and age of investing, poor sustainability can chase market participants away, but bitcoin miners aren’t necessarily the environmental nuisance they’re perceived to be. In fact, many are increasing their use of [...] Read more at ETFtrends.com.

Inflation still resides at four-decade highs, but after more than a year of elevated consumer and producer prices, some investors are wondering if it’s too late to embrace asset classes known for inflation-fighting traits. The real estate sector and real estate investment trusts are credible ideas for investors seeking inflation protection, and the Virtus Duff [...] Read more at ETFtrends.com.

After a strong run following the pandemic, home prices are starting to come back down to earth. Rising interest rates have been tamping down home prices, which have been putting off prospective home purchasers. According to a CNBC report, signed contracts for existing home purchases fell 20% during the month of June relative to a [...] Read more at ETFtrends.com.

In trading on Friday, shares of the Invesco High Yield Equity Dividend Achievers ETF (Symbol: PEY) crossed above their 200 day moving average of $21.09, changing hands as high as $21.15 per share. Invesco High Yield Equity Dividend Achievers shares are currently trading up abo

In trading on Friday, shares of the ProShares UltraPro Short QQQ ETF (Symbol: SQQQ) crossed below their 200 day moving average of $41.62, changing hands as low as $40.22 per share. ProShares UltraPro Short QQQ shares are currently trading off about 4.3% on the day. The chart