Surging Dry Bulk Shipping ETF Up 40% In Past Month Doesn’t Mean All Is Well

An ETF strategy that tracks dry bulk freight futures has surged in recent weeks, along with the jump in the widely observed Baltic Dry Index, but some have warned of global growth concerns that could pressure trade. The Breakwave Dry Bulk Shipping ETF (NYSEArca: BDRY) advanced 38.8% over the past month and increased 60.3% over the past three months. The Baltic Dry Index that tracks the cost of shipping commodities around the world is hovering at its highest level since 2014, the Wall Street Journal reports. Analysts, though, pointed out…

5 Targeted ETFs to Track the Second-Biggest Slice of the Retail Market

Online shopping is now the second-biggest component of the U.S. retail market after overtaking grocery stores and restaurants. Investors can also focus on this quickly growing segment through targeted exchange traded fund strategies. According to the Commerce Department, consumer spending at non-store retailers, which includes online vendors like Amazon.com, increased by 1.7% in June and added to the overall increase in sales, Bloomberg reports. Those online retail outlets accounted for 12.45% of the $520 billion national retail spend in June, compared to the 12.44% going to grocery stores and 12.41%…

Non-Transparent, Active ETFs May Be a Big Hit with Financial Advisors

Actively managed non-transparent ETFs recently got the green light from U.S. regulators, and from the initial reactions, financial advisors seem to be interested in the newly adapted investment vehicle. According to a recent Broadridge Financial Solutions survey, over four in five or 83% of financial advisors revealed they are hoping their favorite active mutual funds may become available in a non-transparent ETF structure. The Securities and Exchange Commission recently approved the actively managed non-transparent ETF structure through the Precidian ActiveShares exemptive relief filing in June 2019, allowing fund managers to…

ETF Investors Piled Into the S&P 500 Ahead of Earnings Season

Ahead of the earnings season, ETF investors have piled into broad stock ETFs, revealing their overall optimism for quarterly corporate results ahead. The three largest ETFs that track the S&P 500, including the SPDR S&P 500 ETF (NYSEARCA: SPY), iShares Core S&P 500 ETF (NYSEARCA: IVV) and Vanguard 500 Index (NYSEARCA: VOO), have collectively pulled in $6.2 billion last week as the benchmark crossed over the 3,000 for the first time, Bloomberg reports. The three S&P 500 Index-related ETFs attracted more cash than any other funds in one of their best weeks of…

U.S. Stock ETFs Flat as Earnings Season Kicks Off

U.S. markets and stock ETFs muddled along on Monday as investors focused their attention on what could be a weak second-quarter earnings season. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 0.1%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) fell 0.1% and SPDR S&P 500 ETF (NYSEArca: SPY) was flat. This week will kick start the second-quarter earnings season, with the country’s biggest banks reporting results. Analysts have anticipated S&P 500 companies to post a roughly 3% decline in profits year-over-year to mark their weakest quarterly performance since…