CashNews.co Overview of the Recent Transaction On August 30, 2024, FMR LLC (Trades, Portfolio) executed a significant transaction by acquiring 2,234,437 shares of Fidelity Enhanced Mid Cap ETF (FMDE), priced at $31.485 per share. This addition increased FMR LLC (Trades, Portfolio)’s total holdings in FMDE to 6,557,582 shares, representing a substantial 11.21% of the firm’s […]
CashNews.co While the upcoming U.S. Presidential election will likely be a catalyst for a variety of stocks and sectors, perhaps no ETF has more to gain from a potential Trump victory than the Valkyrie Bitcoin Miners ETF (WGMI). I’m bullish on WGMI based on its intriguing risk/reward profile in the event of a Trump victory. […]
CashNews.co yes-hip By Zain Vawda Bitcoin prices have recovered last week’s losses as ETF flows snapped an 8-day streak of outflows. On September 10, there was a substantial increase in inflows, reaching $116.96 million, which is more than four times the $37.29 million recorded the day before. Source: SoSo Value Bitcoin (BTC-USD) tapped a high […]
CashNews.co SIGNS of gloom are mounting in the US$9.5 trillion ETF landscape, threatening to expose Wednesday’s (Sep 11) dip buying in stocks as a head-fake with traders cashing out of speculative trading vehicles. Trading activity shows growing demand for exchange-traded funds (ETFs) that profit from declines in megacap tech stocks, smaller companies and semiconductors. Take […]
CashNews.co While investors closely monitor Cathie Wood’s stock picks, they also pay attention to the exchange-traded funds (ETFs) ARK Invest manages, like the ARK Autonomous Technology & Robotics ETF (ARKQ 2.38%). Since September 2014, the fund has been an option for growth-focused ETF investors. The ARK Autonomous Technology & Robotics ETF provides diverse exposure to […]
CashNews.co State Street is reportedly planning to enter the Bitcoin ETF market, according to Bloomberg ETF analyst Eric Balchunas. This potential move follows the rapid evolution of Bitcoin ETFs, which, despite some initial turbulence, have begun to see renewed inflows. Year-to-date (YTD) net flows for U.S. Bitcoin ETFs have exceeded $17.1 billion, recovering from brief […]
CashNews.co The Australian exchange-traded fund (ETF) industry now boasts $220 billion assets under management (AUM), new data from Betashares has revealed. According to the firm’s latest Australian ETF review, the industry rose by 2 per cent last month, with its total market cap increasing by $4.6 billion. August also saw the second highest monthly net […]
CashNews.co Footnotes 1 Source: Factset, S&P Dow Jones.2 Source: Factset, S&P Dow Jones.3 As at end-30 June 20244 This figure is presented as of June 30, 2024 and includes ETF AUM of $1,393.92 billion USD of which approximately $69.35 billion USD is in gold assets with respect to SPDR products for which State Street Global […]
CashNews.co KANSAS CITY, Mo., Sept. 11, 2024 /PRNewswire/ — American Century Investments® today announces plans to close and liquidate American Century Emerging Markets Bond ETF (AEMB). (PRNewsfoto/American Century Services Corpo) AEMB will cease trading on the NYSE Arca, Inc. at the close of the market on Sept. 26, 2024. After this date, the fund will not […]
CashNews.co The new mutual fund and ETF expand CI GAM’s ‘Quality Dividend Growth Index’ suite, which already includes US, Canadian, and international mandates available in both mutual fund and ETF structures. “With today’s launches, we are meeting demand for a global portfolio based on the proven quality dividend growth index approach,” said Jennifer Sinopoli, executive […]