With recession fears becoming more concrete, gold prices rose 1% on Thursday. The dollar took a hit, with the dollar index tumbling 0.5% as U.S. private payrolls rose less than expected last month. “(The job data) is really raising the recession concerns that have been brewing in the market and supporting gold,” said Ryan McKay, [...] Read more at ETFtrends.com.
JPMorgan Chase & Co.’s CEO, Jamie Dimon, warned investors yesterday that an “economic ‘hurricane’” was looming for the U.S. economy and to prepare for impact, reported Bloomberg. Markets have struggled since the end of 2021, with volatility the only constant, and it’s a pattern that Dimon believes will extend going forward. Dimon believes that the [...] Read more at ETFtrends.com.
Equity ETFs saw a combined $32.4 billion and fixed income ETFs saw a combined $33.7 billion in May inflows. Three funds in ALPS’ range of ETFs — including one newcomer — gained momentum as investors looked for defensive strategies and funds that offer generous income. The ALPS Sector Dividend Dogs ETF (SDOG) remained in the [...] Read more at ETFtrends.com.
Surging oil prices following Russia’s invasion of Ukraine in late February sparked broad-based stock sell-offs around the world. Investors reacted immediately, concerned that limited energy supplies and higher costs could exacerbate inflation, then jumped back into stocks just as quickly when oil prices began ticking down, FlexShares wrote in a recent insight. Volatility driven by [...] Read more at ETFtrends.com.
While more workers are confident that their nest eggs will last through their retirement years, the same forces driving this confidence could work against new retirees going forward. Workers often retire when the market is cresting, which can reduce a portfolio’s durability. Though bumps in the road are unavoidable for any long-term investment horizon, these [...] Read more at ETFtrends.com.
Southeast Asia’s e-commerce ecosystem is still in its “nascent stage,” with more companies forming in the region, according to Amit Anand, founding partner of Southeast Asian venture capital firm Jungle Ventures. “I think Southeast Asia’s e-commerce is still at a very, very nascent stage,” Anand told CNBC’s “Squawk Box Asia.” “We’re talking about single-digit digital [...] Read more at ETFtrends.com.
The ARK Innovation ETF (ARKK) is well known among investors for offering exposure to disruptive technology, but it’s important to look under the hood to properly understand what that entails. The actively managed equity strategy seeks long-term capital growth by investing in the U.S.-listed securities, including ADRs, of companies focused on disruptive innovation, which is defined [...] Read more at ETFtrends.com.
May was yet another month in a long trend of volatility and drawdowns for markets, but as prices dipped, corporate executives bought into their own companies at unprecedented rates, reported Financial Times. Insider buying in May through May 24 was the strongest it had been since the buying opportunities presented by the March 2020 COVID-19 price [...] Read more at ETFtrends.com.
The iShares MSCI Emerging Markets Multifactor ETF is seeing unusually high volume in afternoon trading Thursday, with over 932,000 shares traded versus three month average volume of about 103,000. Shares of EMGF were up about 0.9% on the day.
In trading on Thursday, shares of the BBCA ETF (Symbol: BBCA) crossed above their 200 day moving average of $66.44, changing hands as high as $66.45 per share. BBCA shares are currently trading up about 1% on the day. The chart below shows the one year performance of BBCA sha
Invesco has hired an ETF veteran for the newly created global position of head of institutional specialists for ETFs and indexed strategies. Emily Foote McKinley has been named the new head of institutional specialists for ETFs and indexed strategies, effective today, June 2, 2022. McKinley, who will be based in the Invesco office in New [...] Read more at ETFtrends.com.
Carbon dioxide emissions in China fell again in the first quarter of 2022, extending the decline to three consecutive quarters, the longest period of emissions reduction in the last decade, reported Carbon Brief. The data came from an analysis of both commercial data and official figures done by Carbon Brief and concluded that China’s CO2 [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the Gold Miners ETF (Symbol: GDX) crossed above their 200 day moving average of $33.16, changing hands as high as $33.39 per share. Gold Miners shares are currently trading up about 3.6% on the day. The chart below shows the one year performa
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the (Symbol: MDY) where we have detected an approximate $264.1 million dollar inflow -- that's a 1.4% increase week over week in outstanding units (fro
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Industrial Select Sector SPDR Fund (Symbol: XLI) where we have detected an approximate $710.6 million dollar inflow -- that's a 5.2% increase we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the High Yield Muni ETF (Symbol: HYD) where we have detected an approximate $230.6 million dollar inflow -- that's a 7.5% increase week over week in out
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI EAFE Value ETF (Symbol: EFV) where we have detected an approximate $216.3 million dollar inflow -- that's a 1.4% increase 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 1-3 Year Treasury Bond ETF (Symbol: SHY) where we have detected an approximate $340.8 million dollar inflow -- that's a 1.4% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares J.P. Morgan USD Emerging Markets Bond ETF (Symbol: EMB) where we have detected an approximate $571.7 million dollar inflow -- that's a 3.8%