This is easily done by investing in U.S. stocks with market capitalizations similar to the market capitalization of the companies in the Russell 1000 Index. This strategy gives a portfolio of 38 stocks with financials as the top sector at 25% of total assets, closely followed by energy (17%), industrials (10%) and consumer staples (10%). With respect to individual holdings, Anadarko Petroleum ( APC ), Verizon ( VZ ) and Citigroup ( C ) occupy the top three positions in the basket and collectively make up for 12.22% share (read: Anadarko's Upbeat Guidance Puts These Energy ETFs in Focus ). The product has amassed $6.6 million in its asset base while it sees paltry volume of less than 2,000 shares a day.
Despite Default, Argentina ETF Sees Big Inflows - Yahoo Finance
Dagenhart for the newswire . About 60,000 shares, or $1.3 million, of the ETF changed hands daily over the last 30 days, Bloomberg reported. ARGT had $34.6 million in assets under management as of Aug. 6, according to Global X data. That is up $1 million from July 30, the day Argentina officially defaulted. [Argentina ETF Shrugs Off Default Woes] Last month, Third Points Dan Loeb said he believes Argentina will reach an agreement with its creditor and noted he is bullish on YPF ( YPF ).
Big ETF Stories of the Week - Yahoo Finance
U.S. warplanes struck Iraq Friday for the first time since American troops pulled out in 2011 and Russia has barred imports of Western-made food due to sanctions level against the country, Reuters reported. On the upside, the utilities sector rallied Friday after coming dangerously close to entering an official correction and with that in mind, here is a look at some of this weeks top ETF stories. Broader Market/Sector ETFs Believe it: Signs of a return to the downtrodden consumer discretionary sector.
ETF Preview: Broad Market ETFs Track Stock Futures Higher Following Upbeat Weekly Jobless Claims - NASDAQ.com
The chart below shows the one year price performance of SLV, versus its 200 day moving average: Looking at the chart above, SLV's low point in its 52 week range is $17.91 per share, with $23.84 as the 52 week high point - that compares with a last trade of $19.19. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Gains Still Ahead for Solar ETFs despite Mixed Q2 Earnings - ETF News And Commentary - NASDAQ.com
United States Oil Fund (USO) was down 0.4%; United States Natural Gas Fund (UNG) was flat. Gold was down 0.1%, and silver was down 0.2%. zulily (ZU) was down 3.8% after it reported late Wednesday Q2 adjusted earnings of $0.09 per share, a nickel better than the analyst consensus via Capital IQ. Revenue was $285 million, better than expectations of $272 million. For Q3, the company expects sales of $275 million to $287.5 million, vs. the Street view of $283.2 million.
SLV: ETF Inflow Alert - NASDAQ.com
solar manufacturer provided a bleak outlook for the third quarter. It expects revenues and earnings per share of $600-650 million and 15-35 cents, the midpoints of which are well below the Zacks Consensus Estimate of $601 million and 23 cents, respectively. Further, the company reiterated its earnings per share guidance of $1.10-$1.40 on revenues of $2.50-2.65 billion for 2014. etf trader newsletter The Zacks Consensus Estimate for earnings and revenues are $1.15 and $2.58 billion, respectively. Given the earnings miss and the disappointing outlook, the stock tumbled as much as 9% on the next day after the earnings announcement on July 31 after the closing bell and is currently down 7.1% over the past five trading days. ETF Angle The run-up in stock prices of SUNE, SCTY and FSLR led to smooth trading in the solar energy ETFs this week, suggesting that investors rethink on this space.