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Stock ETFs Brace for Worst as Greece, Europe Play ‘Chicken’
May 21st at 1:32pmby
Equity ETFs have been knocked to the mat and investors are positioning for an uncertain summer as Greece eyes a June 17 general election that could ultimately result in the troubled country exiting the euro. “Thus opens a new and dangerous chapter in the long-running saga of the European debt...
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iShares Readies Bond ETF for Latin America
May 21st at 12:33pmby
BlackRock’s iShares has filed to launch an exchange traded fund that would invest in Latin American bonds as ETF providers continue to roll out products focused on emerging market debt. “If launched, the ETF would go head to head with Market Vectors Latin America Aggregate Bond ETF...
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Gold ETFs Rebound Sharply from 10-Month Low
May 21st at 11:36amby
Gold exchange traded funds have experienced a strong bounce following net speculative futures positioning dropping to its lowest level since December 2008. The gold price bounced sharply at the end of last week as investors appeared to view the recent sell-off as excessive. With the gold price...
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ETF Chart of the Day: Biotech Sector
May 21st at 10:32amby
A traditionally higher beta sector to the overall market is that of Biotechnology, and last week we witnessed very heavy trading activity in the giant in terms of assets under management in this sector, iShares Nasdaq Biotechnology (NasdaqGM: IBB). The fund has traded more than 1 million shares...
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PIMCO Total Return ETF About to Hit $1 Billion in Assets
May 21st at 9:26amby
PIMCO Total Return ETF (NYSEArca: BOND) is about to hit the $1 billion in assets mark in less than three months of trading, one of the best new product launches ever in the business. BOND, which is captained by Bill Gross, held total net assets of $965.9 million as of March 18, according to...
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ETF Spotlight: Real Estate Investment Trusts (REITs)
May 21st at 9:00amby
ETF Spotlight on Vanguard REIT Sector ETF (NYSEArca: VNQ), part of an ongoing series. Assets: $25.2 billion. Objective: The Vanguard REIT Sector ETF tries to reflect the performance of the MSCI US REIT Index, which is comprised of real estate investment trusts that cover office buildings,...
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Stock ETFs Holding Slim Gains for Year
May 21st at 8:17amby
This past week resulted in a handful of small early morning and intra-day rallies in equities that were met with selling, pressing the indexes lower, and lower each day, with a trend that resembled "closing at or near the lows, instead of rallying into the market closes." If one went on...
