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Cathie Wood's Ark Empire Bleeds As Investor Outflows Spike: 'The Loyal Shareholders Have Become Frustrated'
Tuesday, April 23, 2024 - 1:20pm | 1292In early 2021, Ark Invest, led by tech investor Cathie Wood, managed a staggering $59 billion across six funds, making it the world’s largest active ETF manager. Three years later, a significant 80% downturn occurred, with assets under management in those funds plummeting to just $11.1...
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Experts Call ETFs A 'Huge Growth Engine' In Fund Universe: 'It's Just An Easier Way To Invest'
Wednesday, November 15, 2023 - 11:12pm | 662The investment sector is witnessing a significant surge in the popularity of Exchange-Traded Funds (ETFs) owing to their unique benefits, say industry experts. What Happened: ETFs are proving to be a crucial growth driver in the fund universe, according to Bryan Armour, Director of Passive...
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Led By Tesla, Roku And Square, Famous ARKK ETF Is One To Watch In January
Wednesday, January 6, 2021 - 2:15pm | 584In sports betting, there's an old phrase of “good teams win, great teams cover.” It's probably a stretch to use that phrase often in the world of exchange-traded funds, but indulge us as we say the ARK Industrial Innovation ETF (NYSE: ARKK) did a lot of “covering”...
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A Favored Fed ETF For June Focus
Monday, June 1, 2020 - 12:40pm | 423The iShares iBoxx USD Investment Grade Corporate Bond ETF (NYSE: LQD) was already the largest corporate bond exchange-traded fund heading into 2020, but the giant is growing in spectacular fashion this year. What Happened As was reported earlier this year, the Federal Reserve is stepping into...
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The QQQ ETF Joins Exclusive $100B Club
Wednesday, May 13, 2020 - 8:15am | 594In the world of exchange traded funds, it's often said that $100 million in assets is what an issuer needs to turn a profit on a particular fund. Of course, making it to $1 billion is impressive and $10 billion is rarefied air. What Happened Speaking of exclusivity, $100 billion is truly elite...
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A Low-Cost, FAAMNG-Heavy ETF For May
Wednesday, May 6, 2020 - 5:15pm | 609There's no shortage of commentary and concern regarding the size of the S&P 500's top several names and their influence on the broader market. Throw in Netflix (NASDAQ: NFLX) further down the list by market value and its clear the FAAMNG stocks are propping the domestic equity market up...
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2 Defensive ETFs Earn Upgrades
Tuesday, May 5, 2020 - 9:47am | 548The S&P 500 is up nearly 30% from its March lows and while that's undoubtedly an impressive run in a short time frame, some investors remain chastened by the coronavirus market meltdown. A predictable result of those apprehensions is investors looking to remain engaged with equities, but...
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3 Broad Market ETFs For Investors Looking To Dodge Energy Stocks
Monday, April 27, 2020 - 10:15am | 641The energy sector is the worst-performing group in the S&P 500 this year and as a result, its heft in widely followed equity benchmarks is dwindling. Energy's weight in the S&P 500 is just 2.89%, good for a multi-decade low. Only the materials sector at 2.45% accounts for less of the...
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3 Corporate Bond ETFs For Fed Debt Buying
Tuesday, March 24, 2020 - 9:40am | 631Beleaguered investment-grade corporate bond exchange traded funds got a lifeline Monday when the Federal Reserve said it buy $200 billion worth of high-grade corporate debt, helping the iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSE: LQD) to a gain of 7.39% on more than double the daily...
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How Climate Change Will Drive A Fundamental Reshaping of Finance
Sunday, February 16, 2020 - 4:50pm | 895Extreme weather conditions and natural disasters have swept through the world this year. From bushfires in Australia to flooding in the U.K., the climate catastrophe is pushing sustainable investing to the forefront. BlackRock (NYSE: BLK) CEO Larry Fink said concerns about climate change will drive...
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3 Popular ETFs With No Tesla Exposure
Friday, February 7, 2020 - 9:21am | 630To say Tesla Inc (NASDAQ: TSLA) has had a wild week would be an understatement. After ascending to almost $969 on Tuesday, the electric vehicle maker closed around $749 on Thursday. Even with that slide, the stock enters Friday up nearly 17% over the past week. While plenty of articles have been...
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3 Sector ETFs That Added Lots Of Cash In January
Wednesday, February 5, 2020 - 12:36pm | 498January was a tricky month for equities due in large part to the emergence and subsequent spread of the coronavirus in the back half of the month. However, that headline risk didn't prevent investors from getting tactical with industry and sector exchange traded funds in the first month of the...
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Cheap ETFs Are All The Rage, But Investigation Is Required
Tuesday, December 10, 2019 - 10:32am | 576One of the more prominent themes in the world of exchange traded funds this year has been diminishing costs. Whether it's by way of brokers eliminating commissions, issuers lowering annual expense ratios and some even introducing ETFs with no fees, it's clear “cheap” is here to...
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Why ETFs Are The Better Way To Mid-Cap Stocks
Thursday, November 7, 2019 - 9:10am | 472Some investors may think that because mid-cap stocks are smaller than large- and mega-cap stocks, paying up for higher fee actively managed mutual funds to access this asset class. Data don't confirm that notion. The $51.36 billion iShares Core S&P Mid-Cap ETF (NYSE: IJH) is the largest mid...
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3 ETFs To Consider For The Next 6 Months
Thursday, October 31, 2019 - 10:25am | 669November starts Friday and with the arrival of the month of Thanksgiving comes the start of the strongest six-month period in which to own stocks, that being November through April. There are seasonal opportunities over the course of those six months and perhaps some sector-level surprises as well...