Several companies across the energy infrastructure landscape were active with their repurchase programs in 1Q22, albeit at mostly modest amounts. Energy infrastructure companies repurchased $370 million of their equity in aggregate during the first quarter of 2022. Combining the last four quarters, energy infrastructure companies have spent $2.1 billion on equity repurchases. The energy infrastructure [...] Read more at ETFtrends.com.
Bitcoin is finally getting a reprieve from nine weeks of losses after the leading cryptocurrency saw its prices go green amid a long Memorial Day weekend. Still, questions remain on whether the rally can sustain itself, particularly with market headwinds like inflation still providing roadblocks for more rallies. Just like Bitcoin has been following stocks [...] Read more at ETFtrends.com.
Direxion today launched the Direxion Breakfast Commodities Strategy ETF (BRKY), a first-of-its-kind ETF offering exposure to the commodities that are commonly included in breakfast. BRKY tracks the S&P GSCI Dynamic Roll Breakfast (OJ 5% Capped) Index, which includes a basket of six commodities, including corn, coffee, lean hogs (bacon), orange juice concentrate, sugar, and wheat, [...] Read more at ETFtrends.com.
Shares of Salesforce (CRM) rose 8% in extended trading on Tuesday after the enterprise software maker reported results for its first quarter fiscal 2023 ended April 30 that surpassed analysts’ expectations and lifted its full-year earnings guidance. Salesforce stock remained the top gainer on Wednesday morning, as it was up over 14% less than an [...] Read more at ETFtrends.com.
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a bi-weekly basis, updating the report every other Monday, along with an accompanying podcast. Among the financial pundit class, there has been a growing call to weaken financial conditions. What are financial [...] Read more at ETFtrends.com.
Despite crypto descending into a bear market, Binance has raised $500 million to start a venture capital fund focused on Web3. “Bear markets are often when the best opportunities come about, when people are actually able to focus on building technology rather than getting distracted by short-term price activity,” Arianna Simpson, a general partner at [...] Read more at ETFtrends.com.
U.S. equities continued to suffer in May, as inflation concerns along with Fed rate hikes weighed on markets. Driven by a comeback in the final week of the month, the S&P 500® posted a slight gain of 0.2%, while the S&P MidCap 400® and S&P SmallCap 600® performed relatively better, according to S&P Dow Jones Indices. [...] Read more at ETFtrends.com.
In the face of rising interest rates and a strong U.S. dollar, gold returns are decent though far from spectacular in 2022. For example, the largest gold-backed exchange traded fund is higher by 1.11% year-to-date as of May 30 — a far better showing than those offered by broader equity and fixed income benchmarks. Modest [...] Read more at ETFtrends.com.
In trading on Wednesday, the First Trust Natural Gas ETF is outperforming other ETFs, up about 1.2% on the day. Components of that ETF showing particular strength include shares of Laredo Petroleum, up about 10.6% and shares of W&T Offshore, up about 8.8% on the day.
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 ESG Aware MSCI EM ETF, where 15,500,000 units were destroyed, or a 9.8% decrease week over week. Among the largest underlying comp
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI Emerging Markets Min Vol Factor ETF, which added 23,800,000 units, or a 30.3% increase week over week. Among the largest underlying
Top Performing Levered/Inverse ETFs Last Week These were last week’s top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (GUSH ) Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares 30.93% (RETL A) Direxion Daily Retail Bull [...] Read more at ETFtrends.com.
After rising during the first year of the pandemic, lumber prices have fallen dramatically. The Wall Street Journal is reporting that lumber futures for July delivery ended Friday at $695.10 per thousand board feet, down 52% from a high in early March. On-the-spot wood prices have also dropped. According to pricing service Random Lengths, its [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI China ETF (Symbol: MCHI) where we have detected an approximate $207.2 million dollar inflow -- that's a 3.3% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 3-7 Year Treasury Bond ETF (Symbol: IEI) where we have detected an approximate $204.5 million dollar outflow -- that's a 2.0% decrease week
After the sell-off in the fixed-income markets, exchange traded fund investors are looking back into municipal bonds. For example, among the most popular ETF plays over the past week, the iShares National Muni Bond ETF (NYSEArca: MUB) attracted about $1.2 billion in net inflows, according to VettaFi data. Meanwhile, the muni bond ETF segment brought [...] Read more at ETFtrends.com.
With fluctuating bond rates and uncertain markets, equity dividends are as important now as ever. Owning shares of quality companies with a solid history of increasing dividends could help maintain a strong core portfolio. In the upcoming webcast, Dividend Growth Opportunities: Identifying Growth-At-A-Discount, Thomas J. Huber, Portfolio Manager, T. Rowe Price; and Chris Murphy, Senior [...] Read more at ETFtrends.com.
Amazon.com (NasdaqGS: AMZN) shares advanced Tuesday ahead of an expected stock split, lifting consumer sector-related exchange traded funds. On Tuesday, the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) rose 0.7%, the Vanguard Consumer Discretionary (NYSEArca: VCR) gained 0.3%, and the Fidelity MSCI Consumer Discretionary Index (NYSEArca: FDIS) was up 0.3%. Meanwhile, Amazon shares increased 5.1%. AMZN makes [...] Read more at ETFtrends.com.
Lara Crigger, the Editor-in-Chief at VettaFi, joined host Kristine Delano on the We Talk Careers podcast, part of the Women in ETFs organization, to cover how work is good for mental health as what limits there are, and how to best balance life. As quickly established in the episode, now overseeing content strategy and providing direction [...] Read more at ETFtrends.com.