Nasdaq ETFs

Intuit Inc. (NasdaqGS: INTU) shares jumped Wednesday, lifting software and financial technology sector-related exchange traded funds after the financial software company topped expectations and provided positive guidance. On Wednesday, the iShares Expanded Tech-Software Sector ETF (IGV) increased 2.9% and the Global X FinTech ETF (NasdaqGM: FINX) advanced 2.7%. Meanwhile, Intuit shares rose 8.2%. INTU makes [...] Read more at ETFtrends.com.

The gold market remains on track to end the year above $2,000 per ounce and rise to nearly $5,000 per ounce by the end of the decade, according to the latest “In Gold We Trust Report” from the European investment firm Incrementum AG. Per the report, Incrementum’s analysts are bullish on gold as rising inflation threatens to [...] Read more at ETFtrends.com.

Bond investors can utilize actively managed municipal bond exchange traded funds to  seek out the best opportunities and exploit inefficiencies in the complex muni market. In the recent webcast, Exploiting Inefficiencies in the Muni Market with Active Management, James Conn, senior vice president and portfolio manager for Franklin Templeton, noted that the municipal bond market [...] Read more at ETFtrends.com.

ETF Trends’ editor-in-chief Lara Crigger sat down with State Street’s Gunjan Chauhan for this edition of “ETF Leaders Powered by the New York Stock Exchange,” at Exchange: An ETF Experience 2022. In discussing the big focus areas for State Street this year, Chauhan explained that many things have stayed the same since last year, but there’s been [...] Read more at ETFtrends.com.

The Securities and Exchange Commission is set to vote on two proposals Wednesday intending to combat greenwashing and crackdown on investment products that exaggerate their environmental, social, and governance qualifications. One proposal would broaden the SEC’s rules governing fund names, while the other would increase disclosure requirements for funds with an ESG focus. While sustainable [...] Read more at ETFtrends.com.

The S&P 500 EWI includes the same constituents as the traditional S&P 500, but size bias is removed in the EWI by allocating each constituent the same weight at each quarterly rebalance.  An equal-weight strategy, such as the Invesco S&P 500 Equal Weight ETF (RSP) or the Invesco ESG S&P 500 Equal Weight ETF (RSPE), [...] Read more at ETFtrends.com.

It can be demoralizing for an investor who’s been saving for retirement for decades to see the value of their nest egg plummet by hundreds of thousands of dollars due to a bear market. Rather than fall into despair or make impulsive decisions, Ashley Kilroy via SmartAsset advises that investors should adopt a long-term investment [...] Read more at ETFtrends.com.

The NASDAQ Composite Index is well into bear market territory, down nearly 30% since its peak through last Friday.  “That makes sense given that tech stocks have higher valuations and typically come under pressure as rates begin to rise. In addition, tech stocks are generally “long duration” assets, which means they have stronger earnings growth [...] Read more at ETFtrends.com.

Ethereum, the blockchain network that serves as the foundation for the cryptocurrency known as ether, is being taken to task this year. So are other digital assets. Still, the long-term outlook for Ethereum — which is in part rooted in the decentralized finance (defi) evolution — is compelling, indicating that assets such as the Grayscale [...] Read more at ETFtrends.com.

India is on track to be the world’s fastest-growing big economy in 2022 as tech costs have dropped and the country has unveiled a series of state-sponsored digital services nationwide that connect its residents with an electronic identity, payments and tax systems, and bank accounts. “The rapid adoption of these platforms is forcing a vast, [...] Read more at ETFtrends.com.

The iShares MSCI ACWI Low Carbon Target ETF is seeing unusually high volume in afternoon trading Wednesday, with over 120,000 shares traded versus three month average volume of about 30,000. Shares of CRBN were up about 0.1% on the day.

Market Update Our team at Canterbury produced a short, 15-minute video detailing the current state of the markets, the challenges facing the “conservative” investor, and how the Canterbury Portfolio Thermostat has navigated this difficult market environment so far this year.  That video can be found below.  We would recommend watching it. The market index, the [...] Read more at ETFtrends.com.

The latest “In Gold We Trust” report has been published, indicating that gold is still on track to end the year above $2,000 and push close to $5,000 by the end of the decade. Analysts at Incrementum AG remain bullish on gold given the global rise in inflation that could could push the world economy [...] Read more at ETFtrends.com.

In trading on Wednesday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 3.1% on the day. Components of that ETF showing particular strength include shares of Skyline Champion, up about 6.9% and shares of Toll Brothers, up about 6.4% on the day.

The U.S. insurance industry’s asset base in ETFs grew 15% to $45 billion at the end of 2021, according to a recently published research piece from S&P Dow Jones Indices. While insurance companies owned a very small slice of the then $7 trillion ETF market, the asset base for many ETFs is increasingly supported by [...] Read more at ETFtrends.com.

By Rod Smyth, Chairman of the Board of Directors SUMMARY Real median home prices are at record levels and significantly above trend, in our view. We believe rising mortgage rates and falling affordability suggest prices will peak soon. We do not expect a housing bust due to favorable supply demand conditions. VALUATIONS ARE HIGH, BUT [...] Read more at ETFtrends.com.

Renewable energy sources have only seen higher interest following Russia’s invasion of Ukraine. As more countries turn to energy independence amid Western sanctions against Russia, one source of energy to consider is hydrogen. A confluence of investment dollars, research, and scientific testing could make hydrogen a prime energy source moving forward. Like any fairly new [...] Read more at ETFtrends.com.

Weaker economic data could be pushing investors back into the safe confines of the bond markets again. As such, benchmark Treasury yields are pushing higher amid the stock market volatility, potentially signaling a bond market comeback. A CNBC report recently noted that the May reading of the S&P Global U.S. Flash Manufacturing PMI was 57.5, [...] 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 SPDR Portfolio Developed World ex-US ETF (Symbol: SPDW) where we have detected an approximate $152.9 million dollar inflow -- that's a 1.3% increase

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the GUNR ETF (Symbol: GUNR) where we have detected an approximate $171.2 million dollar inflow -- that's a 2.0% increase week over week in outstanding u