ETFs - Spark Newswire

3 minute read

Bears Go Nuclear With $8B Bet The Market Will Decline — 3x What They Thought in 2008

Today, 8:14 AM

The S&P 500 closed up 0.66% on Thursday after opening lower in reaction to U.S. Federal Reserve Chair Jerome Powell's speech at the Cato Institute Monetary Conference.

SPY

2 minute read

Tesla Fame’s Robot-Run ETF Sold Its Entire Apple Stake In August — Here’s What It Bought

By Shanthi Rexaline

Today, 8:14 AM

A large-cap-momentum-focused, AI-powered exchange-traded fund (ETF) sponsored by Qraft Technologies shed its entire Apple Inc. (NASDAQ: AAPL) stake in August, according to an update on monthly holdings issued by the South Korea-based company.

AAPL

2 minute read

Cathie Wood Trims Spotify Stake And Adds Another $3.5M In This Chipmaker

By Bhavik Nair

Today, 8:14 AM

Cathie Wood-led Ark Investment Management bought over 25,000 shares of Nvidia Corporation (NASDAQ: NVDA), via two of the firm’s exchange-traded funds, valued at over $3.52 million based on Thursday’s closing price.

AAPL

1 minute read

Defiance Launches ETF To Offer Exposure To Blockchain, Crypto Firms

By Murtuza Merchant

Today, 8:14 AM

Defiance announced on Thursday the launch of the Defiance Daily Short Digitizing the Economy ETF (NASDAQ: IBIT), which offers exposure to companies in the crypto and blockchain ecosystems.

BLOK

2 minute read

Cathie Wood’s Successor? This Guy May Just Be The Next To Lead Ark Invest — Here’s How He Thinks

By AJ Fabino

Today, 8:14 AM

The Cathie Wood-led and closely followed Ark Invest fund is doubling down on the overarching idea that emerging innovation platforms will radically transform the global economy by creating a new chief futurist role.

ARKK

3 minute read

Is Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) a Strong ETF Right Now?

By Zacks

Today, 8:14 AM

A smart beta exchange-traded fund, the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (ETF: RCD) debuted on 11/01/2006 and offers broad exposure to the Consumer Discretionary ETFs category of the market. What Are Smart Beta ETFs?

AMZN

3 minute read

Is First Trust Large Cap Core AlphaDEX ETF (FEX) a Strong ETF Right Now?

By Zacks

Today, 8:14 AM

Making its debut on 05/08/2007, smart beta exchange traded fund First Trust Large Cap Core AlphaDEX ETF (ETF:FEX) provides investors broad exposure to the Style Box - Large Cap Blend category of the market. What Are Smart Beta ETFs?

GILD

2 minute read

2 High-Yielding Dividend ETFs That May Help Diversify Your Investment Strategy

By Robert Kuczmarski

Today, 8:14 AM

Hunting for the perfect dividend stocks for your portfolio can be a challenging aspect of diversification. An easy way to mitigate these issues is by purchasing an exchange-traded fund (ETF) that invests in high-yielding stocks that fit your strategy. The pros of investing in a dividend ETF:

ARR

2 minute read

After Warren Buffett, Cathie Wood Trims Stake In This EV Maker With $3M Sale

By Bhavik Nair

Today, 8:14 AM

Cathie Wood-led ARK Investment Management sold over 51,000 shares of Warren Buffett-backed BYD Co.

BRK-A

1 minute read

Cathie Wood Adds $47M In This Automation Firm As Shares Dive 36% In A Month

By Bhavik Nair

Today, 8:14 AM

Cathie Wood-led Ark Investment Management bought over 3.4 million shares of software company UiPath Inc (NYSE: PATH) valued at over $47 million based on Wednesday’s closing price.

ARKK