An ETF (exchange-traded fund) is a basket of securities that is sold on stock market exchanges through brokerage firms.
Investors are fleeing technology stocks at a pace not seen since the dot-com bubble of 2000. They pulled $US3.5 billion out of the popular Invesco QQQ Trust Series 1 ETF â€” which tracks the Nasdaq 100 index â€” on September 18. That marked the biggest daily outflows since October 2000. […]
Innovator Capital Management on Wednesday revealed the world’s first “triple stacker” ETF, aptly named the Innovator Triple Stacker ETF. The fund aims to deliver gains from funds tracking the S&P 500, Nasdaq 100, and Russell 2000, while only taking on the S&P 500’s downside. The novel ETF joins two similar […]
ETFs (exchange-traded funds) and mutual funds offer cost-efficient ways to diversify, but they differ in how they’re taxed, traded, and managed. ETFs are typically passively managed and trade like stocks, with lower fees and minimums than mutual funds. Mutual funds are professionally managed investment portfolios that trade once a day […]
Mark Grant of wealth management firm B. Riley FBR told CNBC “the biggest concern for the markets, frankly, is the election.” The chief global strategist said there’s risk because of the distinct differences between the Democratic and Republican tax proposal plans. Grant suggests investors have more cash, buy ETFs that […]
Investors may soon be able to access the growing hype around SPAC offerings with the launch of a new exchange-traded fund. The Defiance NextGen SPAC IPO ETF plans to be the first such instrument tracking the newly popular offerings, according to a Friday SEC filing. More than $US22.5 billion has […]