Today: July 01, 2024
Today: July 01, 2024

Latest From Suzanne McGee

Economy

Ark Investments tops Morningstar list of 'wealth-destroying ETF issuers -report

U.S.-listed exchange-traded funds (ETFs) managed by Ark Investment Management have wiped out a total of $14.3 billion in shareholder value over the 10 years ended Dec. 31,

Economy

New ETF offers leveraged exposure to emerging markets but excludes China

Direxion, a U.S. asset manager specializing in leveraged exchange-traded funds (ETFs), on Wednesday rolled out a new product allowing investors to bet on gains in the MSCI

Economy

Eagle converts separately managed account into $1.8 billion ETF

Eagle Capital Management on Monday launched its first exchange-traded fund (ETF) by converting a separately managed account (SMA) into a public fund with $1.8 billion in

Business|News

Global X launches two US covered call ETFs

Global X ETFs rolled out two new exchange-traded funds using options to generate additional income for investors, the firm said Wednesday.

Business|Technology

21Shares files for permission to offer ETF linked to cryptocurrency Solana

Digital assets investment management firm 21Shares filed Friday for permission from U.S. regulators to launch an exchange-traded fund tied to the spot price of crypto

Business|Economy|Environment

Invesco launches US climate-focused ETF with $1.6 billion in Finnish funding

As some U.S. investors pull assets out of sustainable funds, Atlanta-based Invesco has launched a new climate-focused exchange-traded fund (ETF) with seed funding of $1.6

Business

Capital Group fills out gaps in its line-up with new ETFs

Capital Group rolled out seven new active exchange-traded funds on Thursday, boosting its ETF line-up to 21 products.

Business|Economy

US value stocks offer opportunities for bargain-hunters, BofA's Subramanian says

Value stocks offer some of the most compelling valuations in the U.S. equity market after badly lagging their growth-focused counterparts this year, Bank of America Global

US value stocks offer opportunities for bargain-hunters, BofA's Subramanian says
Business|Entertainment|Technology

GameStop shares tumble after CEO says store network will shrink

Shares of GameStop tumbled on Monday after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores, but did

GameStop shares tumble after CEO says store network will shrink
Business

Factbox-Focus on bitcoin in Q1 overshadows broadening of US ETF landscape

The birth of spot bitcoin exchange-traded funds (ETFs) and the quest for new ways to invest in the artificial intelligence overshadowed other trends in the broader ETF

Factbox-Focus on bitcoin in Q1 overshadows broadening of US ETF landscape
Business

US ETF issuers rush to offer investors new ways to bet on US tech megacap stocks

Asset management companies seeking to offer investors still more ways to play the boom in U.S. mega-cap technology stocks are rolling out new exchange-traded funds (ETFs).

US ETF issuers rush to offer investors new ways to bet on US tech megacap stocks
Business

Analysis-Nvidia's dizzying rally spurs rush into AI-themed ETFs

The fervor around artificial intelligence has sparked a gold rush into AI-themed ETFs, as investors seek fresh ways to play the burgeoning technology following

Analysis-Nvidia's dizzying rally spurs rush into AI-themed ETFs
Business

JPMorgan hires former Global X chief investment officer as ETF strategist

JPMorgan Chase & Co said on Wednesday its asset management division had hired Jon Maier, the former chief investment officer of Global X, to head a new global research

JPMorgan hires former Global X chief investment officer as ETF strategist
Business

SPDR S&P 500 ETF tops record $500 billion in assets as Nvidia soars

A staggering rise in shares of chipmaker Nvidia helped the SPDR S&P 500 ETF Trust become the first exchange traded fund to top $500 billion in assets, market participants

SPDR S&P 500 ETF tops record $500 billion in assets as Nvidia soars
Business

New US ETF targets 'Magnificent Seven' mega-cap technology stocks

Tidal Financial Group and ZEGA Financial launched a new exchange-traded fund (ETF) designed to profit from future growth in the "Magnificent Seven" growth and technology

New US ETF targets 'Magnificent Seven' mega-cap technology stocks
Business

U.S. ETF launches set early record in 2024, helped by spot bitcoin funds

The much anticipated U.S. debut of 11 exchange-traded funds (ETFs) tied to spot bitcoin has contributed to a record start to the new year for ETF launches, data from

U.S. ETF launches set early record in 2024, helped by spot bitcoin funds
Business

Spot bitcoin ETFs draw nearly $2 billion in first three days of trading

A new batch of U.S. bitcoin exchange-traded funds (ETFs) has attracted strong investor interest, though it is unclear if they will be able to maintain the pace of inflows

Spot bitcoin ETFs draw nearly $2 billion in first three days of trading
Business

Analysis: Spot bitcoin ETFs may face uphill battle to widen token's appeal

Crypto enthusiasts hailed the approval of U.S. bitcoin exchange-traded funds as the birth of a new asset class, but broadening acceptance of the famously turbulent

Analysis: Spot bitcoin ETFs may face uphill battle to widen token's appeal
Business

ProShares to launch S&P 500 ETF with zero-day call options

ProShares expects to launch an exchange-traded fund (ETF) Wednesday that uses the short-dated options commonly referred to as "zero days to expiry" on the Standard &

ProShares to launch S&P 500 ETF with zero-day call options
Business

Analysis-In spot bitcoin ETF race, some pioneers stick to the sidelines

Despite growing excitement that spot bitcoin exchange-traded funds (ETFs) will soon win regulatory approval, some cryptocurrency ETF pioneers plan to sit out what is

Analysis-In spot bitcoin ETF race, some pioneers stick to the sidelines
Business

Ark Investments sets 0.80% fee for proposed spot bitcoin ETF

ARK Investment Management led by Cathie Wood, and Swiss cryptocurrency manager 21Shares, plan to charge a fee of 0.80% on their proposed ARK 21Shares Bitcoin exchange-

Ark Investments sets 0.80% fee for proposed spot bitcoin ETF
Business

Trading in Nvidia ETFs shows traders preparing for upbeat earnings

Trading volumes in leveraged ETFs tied to Nvidia on Tuesday showed many traders anticipate yet another upside earnings surprise and bullish outlook when the chipmaker

Trading in Nvidia ETFs shows traders preparing for upbeat earnings
Business

Argentine ETF trading surges after election, led by small investors

An exchange-traded fund (ETF) focused on Argentina's stock market surged on Monday after the electoral victory of Argentina's Javier Milei, a radical libertarian who

Argentine ETF trading surges after election, led by small investors
Business

Asset manager GMO's first ETF will focus on 'quality' companies

GMO LLC, the asset management firm co-founded by veteran investor Jeremy Grantham, will launch its first exchange-traded fund (ETF) on Wednesday.

Asset manager GMO's first ETF will focus on 'quality' companies
Business

BlackRock plans for ethereum trust fuel speculation about ETF filing

Asset management giant BlackRock registered to create an ethereum trust, a potential first step toward asking regulators to approve an exchange-traded fund tied to ether,

BlackRock plans for ethereum trust fuel speculation about ETF filing

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