- A Shift in Daily Habits Has Boosted a Pet Care ETFby ETF Trends on January 18, 2021 at 8:00 pm
As the coronavirus pandemic continues to impede everyday life, the pet industry and sector-related exchange traded fund have thrived. The ProShares Pet Care ETF (PAWZ), the first ETF to capture the growth in the pet care industry, increased 11.7% over the past month, advanced 18.8% over the past three months, and jumped 63.8% in the past [...] Read more at ETFtrends.com.
- Crude ETFs Dip on Decline In OPEC Export Revenuesby ETF Trends on January 18, 2021 at 4:30 pm
After consolidating for the last few days near recent highs, crude oil and crude ETFs tumbled toward $50 a barrel amid news that OPEC’s crude oil export revenues for 2020 could fall to $323 billion. The news that the cartel’s revenues could decline came from the U.S. Energy Information Administration, which said in a new report [...] Read more at ETFtrends.com.
- Leveraged ETFs That Gained More Than 35% to Start 2021by Zacks on January 18, 2021 at 3:10 pm
Wall Street continued last year’s rally to start 2021 buoyed by optimism over COVID-19 vaccine rollout and more stimulus from Washington that is expected to result in faster-than-expected economic recovery. However, surge in coronavirus cases as well as a slew of weak economic
- Democratic Control of Senate Creates a Tailwind for Muni Bondsby ETF Trends on January 18, 2021 at 3:00 pm
By David Schassler, Portfolio Manager and Head of Portfolio and Quantitative Investment Solutions, VanEck The VanEck Vectors® Muni Allocation ETF (MAAX) tactically allocates among VanEck municipal bond ETFs based on interest rate and credit opportunities to seek capital appreciation plus tax-exempt income. It uses a data-driven, rules-based process that leverages technical and macroeconomic indicators to guide credit and [...] Read more at ETFtrends.com.
- Jobless claims jumpby ETF Trends on January 18, 2021 at 2:00 pm
New claims for unemployment insurance shot up by 181,000 last week to a four-and-a-half month high 965,000. Continuing claims also moved higher. Some of this surge owes to typical holiday season volatility – note that January has historically been the choppiest month for claims – and some perhaps to confusion surrounding the last-minute extension of [...] Read more at ETFtrends.com.