ET JPMorgans ETF Debut Set for Tuesday Larger By Brendan Conway The push into the ETF market by J.P. Morgan Chase ( JPM ) gets moving next Tuesday with the launch of the firms first fund, according to a just-released exchange filing . JPMXF Diversified Return Global Equity ETF, we reported ,is built with four attributes in mind: (1) finding stocks which exhibit low volatility, (2) stocks with value characteristics, (3) momentum and (4) size. Bloomberg Going passive Back in February, this blog previewed a lineup that the giant bank has no problem calling smart beta. The term has come under fire in the ETF industry and elsewhere for being vague , overpromising and something of a hash by fund marketing departments. Do you really want to call these ETFs smart beta?
Who Wins The 2014 World Cup Of ETFs? - ETF News And Commentary | Benzinga
and Pierpont Securities LLC, the updated quarterly data on services showed that health care outlays declined at a 5.8% annualized rate from January through March, compared to the governments estimate of a 9.7% gain, reports Carlos Torres for Bloomberg . That data point should mean theres a downward revision, Daniel Silver, a JPMorgan economist, said in the article, referring to the overall U.S. gross domestic product number. The first quarter is going to be weaker. Stephen Stanley, chief economist at Pierpont Securities LLC, argues that second-quarter growth prospects are also negative as the government will have to re-evaluate how the Affordable Care Act, or so-called Obamacare, is affecting consumer spending. Stanley expects the downward revisions to push first quarter GDP numbers to minus 2%.
Semiconductor ETF Up 3 Straight Weeks (SMH, INTC, XSD, OVTI)
Spain: Both of these ETFs currently have a Rank 3 so we look to performance to break the tie. Mexico comes out on top and advances thanks to its solid 11% gain in the past three months. Japan vs. Italy: Japanese ETFs outrank their Italian counterparts, so EWY advances onto the next round to play Mexico. Switzerland vs. Argentina: Switzerland easily beats up on Argentina thanks to the strong rank of EWL compared to the poor rank for ARGT (read Falling Peso Undermines Argentina ETF ).
Health Services ETF Could See Profit-Taking - Yahoo Finance
The chart below shows the one year price performance of BND, versus its 200 day moving average: Looking at the chart above, BND's low point in its 52 week range is $79.14 per share, with $82.60 as the 52 week high point - that compares with a last trade of $81.76. 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).
Mixed News about China: Weekly International ETF Report
When two stocks make up nearly one-third of an ETF, the ETF will tend to be heavily influenced by their performance. Both Intel and TSM have been market leaders and therefore SMH has been on a tear. The smaller SPDR S&P Semiconductor ETF (NYSE: XSD ) is also breaking out to new highs, though it does not boast a similar winning streak. The portfolio is very different than that of SMH as Intel is not in the top ten holding list. The largest holding is OmniVision Technologies (NASDAQ: OVTI ) at 2.8 percent.
Notable ETF Inflow Detected - BND - NASDAQ.com
On June 9, the General Administration of Customs reported that the nations exports increased 7 percent in May, on a year-over-year basis. Economists had been expecting a 6.6 percent increase. Investors enthusiasm was subdued by the fact that imports fell 1.6 percent, compared with economists expectations for a 6.1 percent increase. Although Chinas trade surplus reached its highest level in five years, the slump in imports signaled sluggishness in the domestic economy because of reduced demand. On June 13, Chinas National Bureau of Statistics reported that in May, retail sales increased 12.5 percent on a year-over-year basis and that industrial production increased 8.8 percent on a year-over-year basis. The June 5 release of the HSBC China Services PMI (with Composite PMI data) for May indicated the end of a three-month streak of contraction, with a slight but crucial increase to 50.2 percent from Aprils 49.5 percent. The report included the following Commentary from Hongbin Qu, Chief Economist, China & Co-Head of Asian Economic Research at HSBC: The headline HSBC China Services PMI moderated to 50.7 in May, down from 51.4 in April. Latest data signalled a relatively big drop in the business expectations index, which fell to an 11-month low of 58.1, down from 60.7 in April.