Nasdaq ETFs

In trading on Thursday, shares of the Invesco Aerospace & Defense ETF (Symbol: PPA) crossed above their 200 day moving average of $72.86, changing hands as high as $72.91 per share. Invesco Aerospace & Defense shares are currently trading up about 1.9% on the day. The

There’s just no getting away from the biggest growth companies of the last decade; almost every portfolio, whether it’s a 401(k), an IRA, or any other, will have exposures to companies such as Apple (AAPL) and Amazon (AMZN). Todd Rosenbluth, head of research at VettaFi, was recently on TD Ameritrade to discuss how Apple and [...] Read more at ETFtrends.com.

In trading on Thursday, shares of the iShares Core High Dividend ETF (Symbol: HDV) crossed above their 200 day moving average of $102.42, changing hands as high as $103.02 per share. iShares Core High Dividend shares are currently trading up about 1.1% on the day. The chart b

In trading on Thursday, shares of the FSTA ETF (Symbol: FSTA) crossed above their 200 day moving average of $44.84, changing hands as high as $45.11 per share. FSTA shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of FSTA s

With the Federal Reserve aggressively raising interest rates as a means of battling record-high inflation, investors are giving emerging markets in Asia a closer look. After the Fed’s latest rate hike of 75 basis points on Wednesday, the South Korean won and the Malaysian ringgit rallied on Thursday. Meanwhile, stock and bond markets in Seoul, [...] Read more at ETFtrends.com.

Constellation Energy Corporation topped the list of Thursday’s best performing constituents in the S&P 500 index.  Shares of Constellation Energy are trading up 16.3% in mid-day trading Thursday. Year to date, Constellation Energy has increased 53.7%. The supplier of energy products and services declared a quarterly dividend of $0.141 per share on Tuesday, according to [...] Read more at ETFtrends.com.

Interest rates currently sit at a target range between 2.25%-2.50% after the latest 75 basis point rate high by the Federal Reserve this week. The increase comes in response to June’s unexpected 9.1% CPI as the Fed remains committed to its fight against inflation. The Fed Funds target is now at the peak range of [...] Read more at ETFtrends.com.

Enphase Energy Inc. (NasdaqGS: ENPH) shares jumped Wednesday, lifting solar sector-related exchange traded funds, after reporting record quarterly revenue and higher profits. On Wednesday, the Invesco Solar ETF (NYSEArca: TAN) advanced 6.0% and the Global X Solar ETF (RAYS) increased 6.4%, with both solar ETFs trading above their long-term resistance at the 200-day simple moving [...] Read more at ETFtrends.com.

Oil-related exchange traded funds strengthened Wednesday as inventory levels dipped with U.S. exports hitting an all-time high in response to the widening gap between domestic and international crude benchmarks. On Wednesday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), [...] Read more at ETFtrends.com.

Artificial intelligence is disrupting the graphic design industry, with OpenAI’s DALL·E 2 image generation model potentially displacing human graphic designers.  DALL·E, the AI system that creates realistic images and art from a description in natural language, is now available in beta. Last week, the company began the process of inviting 1 million people from its [...] Read more at ETFtrends.com.

Technology-related exchange traded funds climbed Wednesday after Google’s parent Alphabet (NasdaqGS: GOOGL) and Microsoft (NasdaqGS: MSFT) quarterly earnings allayed fears of a slowdown. On Wednesday, the tech-heavy Invesco QQQ Trust (QQQ) rose 2.7%, the Technology Select Sector SPDR Fund (XLK) gained 2.7%, and the Communication Services Select Sector SPDR Fund (XLC) increased 3.1%. Meanwhile, Alphabet [...] Read more at ETFtrends.com.

The Invesco Solar ETF is seeing unusually high volume in afternoon trading Thursday, with over 3.9 million shares traded versus three month average volume of about 1.2 million. Shares of TAN were up about 7% on the day.

General Electric Company (NYSE: GE) and 3M (NYSE: MMM) rallied on Tuesday, paring losses in industrial sector-related exchange traded funds. The Industrial Select Sector SPDR Fund (NYSEArca: XLI) was 0.5% lower on Tuesday. Meanwhile, General Electric shares rose 4.6% and 3M shares were up 4.9%. XLI includes a 3.1% weight in GE and 3.1% in MMM. [...] Read more at ETFtrends.com.

In trading on Thursday, the Invesco Solar ETF is outperforming other ETFs, up about 7.2% on the day. Components of that ETF showing particular strength include shares of Maxeon Solar Technologies, up about 28.8% and shares of Sunnova Energy International, up about 27.4% on the

Summary Generally, energy infrastructure corporations tend to be larger and have a higher credit quality than MLPs, while MLPs offer higher, tax-advantaged yield. The Alerian MLP Index (AMZ) has greater exposure to companies focused on petroleum pipelines, while the Alerian Midstream Energy Corporation Index (AMCC) is biased towards natural gas pipelines. Performance comparisons between AMZ [...] Read more at ETFtrends.com.

Walmart Inc. (NYSE: WMT) shares plunged, dragging down consumer sector-related exchange traded funds, after the big-box retailer lowered its outlook in response to rising inflation costs. On Tuesday, the VanEck Vectors Retail ETF (RTH) declined 3.3%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) fell 0.5%, the Fidelity MSCI Consumer Staples Index ETF (FSTA) [...] Read more at ETFtrends.com.

By Cinthia Murphy There’s a lot going on in the ETF space these days, so we thought we’d highlight three quick things that are top of mind this week. Earnings, Earnings, Earnings For starters, we are in the middle of earnings season, and more than 170 companies – including key tech giants such as Microsoft [...] Read more at ETFtrends.com.

A leveraged single-stock exchange traded fund surged on Wednesday after PayPal (NasdaqGS: PYPL) caught the attention of an activist investor. Among the best-performing non-leveraged ETFs of Wednesday, the AXS 1.5X PYPL Bull Daily ETF (PYPT) increased 19.3%. Meanwhile, PayPal shares climbed 12.2% on Wednesday. The AXS 1.5X PYPL Bull Daily ETF tries to reflect the [...] Read more at ETFtrends.com.

In trading on Thursday, shares of the iShares Global Clean Energy ETF (Symbol: ICLN) crossed above their 200 day moving average of $20.58, changing hands as high as $22.06 per share. iShares Global Clean Energy shares are currently trading up about 5.2% on the day. The chart

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the USO ETF (Symbol: USO) where we have detected an approximate $257.0 million dollar outflow -- that's a 10.1% decrease week over week (from 32,823,603