ETFs - Spark Newswire

2 minute read

Oil Jumps Over 3% As OPEC+ Meet Eyed: Analysts Say This Is The Bare Minimum Supply Cut For Markets To Care

Today, 3:00 AM

Oil prices soared over 3% on Monday morning in Asian trade after reports indicated the Organization of the Petroleum Exporting Countries and its allies (OPEC+) are likely to consider an output cut of over a million barrel

BNO

2 minute read

Cathie Wood Slashes $18M Stake In Spotify, Keeps Binging On This Software Company’s Shares

By Bhavik Nair

Today, 3:00 AM

Cathie Wood-led ARK Investment Management dumped over 200,000 shares of Spotify Technology SA (NYSE: SPOT) on Friday via two of the company’s exchange-traded funds (ETFs).

ARKK

2 minute read

Bearish On Exxon, Chevron? This Inverse ETF Tracks The Energy Sector

By Melanie Schaffer

Today, 3:00 AM

Direxion Energy Bear 2X Shares (NYSE: ERY) was trading flat on Friday after a four-day decline saw the ETF retrace 11% off the Sept. 26 high of $51.45.

COP

3 minute read

ARK Invest Short Sellers Have $2.3B In Profits So Far In 2022

By Wayne Duggan

Today, 3:00 AM

After a horrible 2021 for Cathie Wood, the ARK Innovation ETF (NYSE: ARKK) is down another 59.1% in 2022. High-growth tech stocks have taken a beating as interest rates have spiked, sending ARK Invest ETFs plummeting.

ARKF

2 minute read

Bond Yields Are Rising Dramatically: These 2 Dividend ETFs Have Them Beat

By Robert Kuczmarski

Today, 3:00 AM

The two-year U.S. treasury yield reached 4.167% on Friday. The 10-year U.S. treasury yield hit 3.762%. This allows the yield curve to remain in an inverse relationship, which typically points to a recession.

CAH

2 minute read

After A Lackluster Debut Of Its First Crypto ETF, BlackRock Plans Another One

By Murtuza Merchant

Today, 3:00 AM

Months after introducing a cryptocurrency exchange-traded fund that has so far failed to attract investors, BlackRock Inc (NYSE:

BLK

1 minute read

Cathie Wood Loads Up $12M In Shares Of Software Company Day After It Announced Collaboration With Microsoft

By Bhavik Nair

Today, 3:00 AM

Cathie Wood’s ARK Investment Management bought over 950,000 shares of software-maker UiPath Inc (NYSE:

ARKK

1 minute read

Volatility In 2022 Made Sure Even Risk-Parity Strategies Don’t Work: This ETF Has Lost Over 28% This Year

By Bhavik Nair

Today, 3:00 AM

Risk-parity strategies that aim to maximize diversification across asset classes appear to have lost their appeal at a time when every asset class has suffered due to persisting global volatility.

RPAR

1 minute read

Cathie Wood Sells $2.8M In Healthcare Stock Buoyed By Amazon-Linked Rumors

By Benzinga Overnight Desk

Today, 3:00 AM

Cathie Wood-led Ark Investment Management on Wednesday sold 96,746 shares of Signify Health Inc. (NYSE: SGFY), estimated to be valued at around $2.8 million.

AMZN

2 minute read

Ray Dalio Says UK Operating ‘Like An Emerging Country,’ Spending Plan ‘Suggests Incompetence’

By Bhavik Nair

Today, 3:00 AM

The rout in the financial market resulting from the U.K. government’s spending plan “suggests incompetence,” billionaire investor and founder of Bridgewater Associates, Ray Dalio, said in a series of tweets.

FXB