Leading And Lagging Sectors For June 15, 2021
Gainers
Symbol
Name
Price
Change ($)
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Volume
Cathie Wood Offloads $9.3M In Snapchat, Buys $32M In Etsy
Cathie Wood-led Ark Investment Management on Monday shed 145,727 shares, worth about $9.26 million, in Snapchat parent Snap Inc (NYSE: SNAP) on the day shares of the social media company fell.
Snap shares closed 0.81% lower at $63.57 on Monday.
2 Commodity ETFs For Inflation
As inflation moves higher, so do the prices of commodity-based ETFs.
Leading And Lagging Sectors For June 14, 2021
Gainers
Symbol
Name
Price
Change ($)
Change (%)
Volume
Cathie Wood, Bullish On SpaceX Partner Velo3D, Buys More SPFR Shares, Adds Vertex On Dip
Cathie Wood-led Ark Investment Management on Friday bought 25,000 shares, estimated to be worth about $250,000, in Jaws Spitfire Acquisition Corp (NYSE: SPFR), the blank-check firm that is set to take 3D printing company Velo3D public.
Thrasio In Talks To Merge With SPAC Churchill Capital V: Report
Thrasio, a start-up company that rolls up Amazon.com, Inc. (NASDAQ: AMZN) marketplace brands, is in talks to go public through a merger with the blank check company Churchill Capital V Corp (NYSE: CCV),
2 ETFs For A Potential Market Sell-Off
The market is trading close to all-time highs and many analysts are expecting a correction or sell-off over the next few weeks.
They argue that the market has come too far. Some consolidation is overdue and would be natural.
Cathie Wood, Bullish On Bitcoin, Lifts Coinbase Stake Above $1B, Snaps Up More UiPath Shares
Cathie Wood-led Ark Investment Management on Thursday snapped up more shares in Coinbase Global Inc (NASDAQ: COIN) on the dip on Thursday.
Ark Invest bought 60,813 shares, estimated to be worth about $13.5 million in Coinbase on the day shares of the company closed 1.1% lower at $221.85.
2 Reasons To Stay Overweight On The Financial Sector
Despite historically low-interest rates weighing on bank earnings, the Financial Select Sector SPDR Fund (NYSE: XLF) is up 27.5% in 2021, more than double the return of the SPDR S&P 500 ETF Trust (NYSE: SPY).
This Energy ETF May Be Breaking Out
As oil prices rise, so doshares of companies that hold a significant part of their assets in oil. The Energy Select Sector SPDR Fund (NYSE: XLE) holds the stocks of many of these companies.