iShares PHLX Semiconductor ETF (SOXX) Position Decreased by IFP Advisors Inc

iShares PHLX Semiconductor ETF logo

IFP Advisors Inc reduced its position in iShares PHLX Semiconductor ETF (NASDAQ:SOXX) by 32.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,627 shares of the exchange traded fund’s stock after selling 1,710 shares during the quarter. IFP Advisors Inc owned approximately 0.05% of iShares PHLX Semiconductor ETF worth $565,000 at the end of the most recent quarter. Other hedge funds have also recently modified their holdings of the company. Morgan Stanley increased its stake…

Who Are 2019’s Best Online Brokers?

Who Are 2019’s Best Online Brokers?

Market volatility is commonplace. Interest rates, which a few months ago seemed certain to rise, now look likely to remain flat or possibly decline. The chances of an economic slowdown in the U.S. and overseas are high. So it’s tempting to follow the S&P 500, our own portfolios, and investment opportunities the way some of us check the weather—constantly and doggedly. Online discount brokerage firms are happy to accommodate. They provide mobile apps that let customers monitor, analyze, and trade, often with the same speed, ease, and completeness as a…

An Unlikely Effect of Jack Bogle’s Creation: Helping to Keep Inflation Low

An Unlikely Effect of Jack Bogle’s Creation: Helping to Keep Inflation Low

By December 2018, Vanguard accounted for 24.8 percent of all stock and bond mutual fund assets in the United States, according to Morningstar. And Vanguard and BlackRock together controlled more than 34 percent of those assets. The two companies continue to attract enormous sums of money around the world: $176 billion flowed into Vanguard last year; $167 billion went to BlackRock. Fidelity was a “distant third’ with $24 billion, Morningstar said. “In effect, we are living in a Vanguard-BlackRock duopoly,” said Kevin McDevitt, a senior analyst with Morningstar. The two…

Nike, Inc. (NYSE:NKE), Amazon.com, Inc. (NASDAQ:AMZN) – Sneaker Snafu Tested These Leveraged ETFs

Nike, Inc. (NYSE:NKE), Amazon.com, Inc. (NASDAQ:AMZN) - Sneaker Snafu Tested These Leveraged ETFs

The biggest news out of Wednesday’s Duke-North Carolina basketball game was not the result (No. 8 North Carolina defeated No.1 Duke 88-72), but rather the injury suffered by Duke start freshman Zion Williamson. Early in latest installment of college basketball’s most storied rivalry, Williamson sprained after his Nike, Inc. (NYSE: NKE) shoe collapsed and came apart as Williamson was attempting to reverse direction. What Happened On above-average volume, shares of Dow component Nike fell 1.05 percent yesterday, but analysts believe incident, while embarrassing for Nike, will not have a significant…

These are the 3 big reasons you should use a financial adviser (and picking investments is not one of them)

These are the 3 big reasons you should use a financial adviser (and picking investments is not one of them)

Not too long ago, well-heeled individuals relied on financial advisers for almost everything from basic expense planning to deciding where to invest their money. Advisors often invested in actively managed mutual funds or separately managed accounts with a supposedly diversified collection of individual stocks. But recent innovations have made most investment advice proffered by planners or advisers obsolete. Index funds and exchange-traded funds (ETFs) have almost killed active management, while target-date retirement funds provide a set-it-and-forget-it “fund of funds” that automatically rebalances as it gets closer to its target date.…