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The Ishares S&p Europe 350 Index (etf) In Focus (nysearca:iev) | Etf Daily News – Part 2

Done Tech ETF Computes a New High By ETFtrends.com 10 hours ago 0 shares Content preferences Done For all the talk of an Internet and social media bubble and its imminent bursting, some technology sector exchange traded funds are, almost anonymously, delivering new highs to investors. In about as quiet fashion as a $12.3 billion ETF can operate, the Technology Select Sector SPDR ( XLK ) made a new 52-week high Thursday and followed up with another new high Friday. XLK, the second-largest sector ETF by assets behind the Financial Select Sector SPDR ( XLF ) , has been a beacon of durability and steadiness this year as investors have punished nearly anything with the Internet, momentum or social media labels. [High Quality Over Momentum ETFs] Up 4.6% year-to-date, XLK has not packed much in the way of excitement, but that has proven to be an advantage. As investors have become leery of the frothy valuations on once beloved Internet and social media offerings, XLKs comparatively bland (and inexpensive) lineup has firmed. The ETF has a P/E ratio of 15.44, according to State Street data.
Source: http://finance.yahoo.com/news/tech-etf-computes-high-152216316.html

ETF Preview: ETFs, Futures Flat to Higher; April New Home Sales Still Ahead – NASDAQ.com

We assign each ETF one of the five ranks within each risk bucket. Thus, the Zacks ETF Rank reflects the expected return of an ETF relative to other products with a similar level of risk. This ETF has a Zacks ETF Rank of 2 or Buy and is detailed below (see all European Equity ETF here ). IEV in Focus Launched in July 2000, IEV is a passively managed fund designed to deliver the return of the European equity asset class.
Source: http://etfdailynews.com/2014/05/23/the-ishares-sp-europe-350-index-etf-in-focus-iev/2/

ETF – ETF Details

1.39%/$2.50p.a. Management Fee http://www.etftradingsignals.com/ Management Fee(%)? The amount an ETF pays to its fund manager for the work of overseeing the funds holdings. The fee is calculated daily and reflected in the funds net asset value.
Source: http://www.aastocks.com/en/stocks/etf/details.aspx?etf-code=2846

You can buy an ETF with the click of a button. You cant do the same with the exotic underlying assets. The discrepancy has to show up somewhere in the food chain of investment-product pricing. The way it works in ETFs risks surprise and disappointment in a panic, assuming (as we should) investors dont understand the details. AFP The reason: The ease, convenience and mirror-image index tracking of ETFs dont happen automatically. ETFs depend on a complex ecosystem of authorized participants who tend to the markets health.
Source: http://blogs.barrons.com/focusonfunds/2014/05/23/are-etfs-like-hotel-california/

New gold ETF lets you swap shares for bars – – MSN Money

Among stocks, Foot Locker (FL) was up 2.53% reported fiscal Q1 earnings and sales that exceeded analysts’ estimates. The athletic retailer said non-GAAP earnings in the quarter ended May 3 rose to $1.11 per share from $0.91 the year earlier, exceeding the $1.06 average estimate from analysts polled by Capital IQ. Sales rose 14% $1.87 billion compared to the $1.8 billion consensus estimate. Reported net income rose to $162 million or $1.10 per diluted share from $138 million or $0.90 the year earlier and comparable store sales rose 7.6%. Winners and Losers Financial Select Financial Sector SPDRs (XLF) was flat. Direxion Daily Financial Bull 3X shares (FAS) was up 0.22%.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-flat-to-higher-april-new-home-sales-still-ahead-cm355848

Are ETFs Like ‘Hotel California’? – Focus on Funds – Barrons.com

The SPDR Gold Trust, often referred to just as GLD, allows for a shares-for-physical-gold exchange too, but it’s definitely not for the Average Joe investor. GLD investors who have a position in excess of 1 basket — a set amount of shares, which for the GLD ETF is 100,000 shares,worth about$12.4 million at current prices– can exchange their shares for physical gold, according to Will Rhind, a managing director at the World Gold Council, an organization that sponsors the SPDR Gold Trust. The exchanges are done by authorized participants, which are typically big investment banks, said Rhind. “Because of the size of the baskets (100,000 shares for GLD), individual investors aren’t likely to have a position big enough for a redemption. The people who are creating baskets or redeeming shares are generally on the institutional level.” Gold is delivered in ‘LBMA Good Delivery bars,’ which can weigh 400 ounces to 430 ounces.
Source: http://money.msn.com/exchange-traded-fund/new-gold-etf-lets-you-swap-shares-for-bars

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Stocks Soar On Budget-deal Hopes

11, 2013 12:55 a.m. ET The Dow Jones Industrial Average soared more than 300 points as investors breathed a sigh of relief that lawmakers showed signs of breaking the political gridlock in Washington. Hints of an end to the political brinkmanship which led to a partial government shutdown raised hopes that a deal to lift the federal debt ceiling could be reached in time to avoid the U.S. Treasury defaulting on debt payments. Where will stocks end the year?
Source: http://online.wsj.com/news/articles/SB10001424052702303382004579126941135567568

Stocks Edge Up After Rally

Morgan Reports Loss on Ma… 10/11/13 Podcast: J.P. Morgan’s Huge Le… More quote details and news JPM in Your Value Your Change Short position stock was nearly flat, recovering early losses after reporting it swung to a rare net loss in the which stocks to buy third quarter due to hefty legal bills. The Dow component’s adjusted earnings were better than expected on strength in deposit growth, credit-card spending and investment-banking results. Wells Fargo WFC -0.02% Wells Fargo & Co.
Source: http://online.wsj.com/article/SB10001424052702303382004579129021562708520.html

Wall Street Beat: Talk of U.S. budget compromise boosts tech stocks

budget compromise boosts tech stocks After a rollercoaster ride, tech stocks rebounded toward the end of the week following reports of a possible compromise on the political impasse over the U.S. budget. The political pall hanging over tech and other sectors came amid gloomy reports of a continued slump in the PC market. With the U.S. government shutdown in its second week and the possibility of a national debt default looming, tech stocks took a beating earlier this week. The government itself is a big purchaser of technology.
Source: http://www.pcworld.com/article/2054400/wall-street-beat-talk-of-us-budget-compromise-boosts-tech-stocks.html

Stocks close near highs amid optimism over DC debt talks; S&P ends above 1700

The crisis in Washington threatens to damage the fiscal standing of the United States. The Thomson Reuters/University of Michigan index of consumer sentiment fell in October to its weakest in nine months and was below expectations. “For as much uncertainty that is out there, this market doesn’t seem very scared. Since the financial crisis, every time you’ve bought dips, you’ve been rewarded,” said Dick.
Source: http://www.reuters.com/article/2013/10/11/markets-usa-stocks-idUSL1N0I10W320131011?feedType=RSS&virtualBrandChannel=11563

Dividend Stocks for the Next 100 Years

That’s why 3M is my first pick as a dividend stock for the next century. It makes everything from Post-it Notes to Scotch Tape to protective films for smartphones and electrical connectors. There’s really no major consumer trend that 3M doesn’t participate in and profit from. What’s most important is that its research and development is actually built to adapt and innovate through changes in the market. 3M doesn’t see change as a risk; it sees change as an opportunity.
Source: http://www.fool.com/investing/dividends-income/2013/10/11/dividend-stocks-for-the-next-100-years.aspx

US STOCKS-Wall St inches up on bipartisan talks; energy shares rise

For the week, the Dow advanced 1.09 percent, the S&P 500 climbed 0.75 percent. But the Nasdaq shed 0.42 percent, snapping a five-week win streak. P&G led the weekly Dow gainers, while Merck lagged. Most key S&P sectors closed higher for the week, led by utilities, while consumer discretionary slipped.
Source: http://www.cnbc.com/id/101105784

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South Africa Etf Strengthens On Elections Results – Yahoo Finance

Send Thanks! A link has been sent. EZA has surged 16.4% over the past three months and is up 5.2% year-to-date. After the about 80% of the results, the ANC had 63% of the tally, and observers believe that the ANC will use the mandate to push through a National Development Plan, BBC reports.
Source: http://finance.yahoo.com/news/south-africa-etf-strengthens-elections-192538915.html

ETF Chart of the Day: Soaring Staples | ETF Trends

This morning XLP is flirting with new recent highs once more, and there are several other notables in this sector that are benefitting from the latest leg higher check this out in many names. One is VDC (Vanguard Consumer Staples, Expense Ratio 0.14%) which has a very similar basket look in terms of its top end holdings, as XLP, and this fund trades considerably less daily volume than XLP (72,000 shares versus 6.8 million shares), but nonetheless has more than $1.7 billion in assets under management and is the second largest in the category. Consumer Goods Sector, Expense Ratio 0.48%) to name a few of the larger funds in the category. There are several leveraged bull/bear sector funds that likely dont immediately appear on radars thanks to lower average daily trading volumes and assets sizes largely, but each are likely useful in their own right for short term directional trading and hedging opportunities, especially for those managers whom may be over or under allocated given their individual stock exposure, or broader ETF exposure.
Source: http://www.etftrends.com/2014/05/etf-chart-of-the-day-soaring-staples/

Social-Media Rout Crushing ETF That Rallied 64% in 2013 – Bloomberg

Both haveslumped at least 16 percent this year. Hot IPO Eventually the fundamentals will take over and drive theperformance of the stock, said Caron of Stifel Nicolaus.Every company that comes out as a hot IPO eventually has togrow into a valuation that makes sense at a more mature stage. Twitter shares that have been borrowed and sold onexpectations of declines make up 6.7 percent of outstandingstock, the highest since its initial public offering, accordingto data from Markit. The stock is down 52 percent this yearafter the company reported slowing user growth, raising concernthat it may not be able to add more members. People who are invested across the sector unceremoniouslydumped stock in similar companies on the Twitter lock-upexpiry, said Ioan Smith, managing director at KCG Europe Ltd.in London, in a phone interview on May 7. Twitter lockuptraded as a theme across the sector.
Source: http://www.bloomberg.com/news/2014-05-08/social-media-rout-crushing-etf-that-rallied-64-in-2013-options.html

ETF Bonanza Skirts $5.3 Trillion Market on Outflows: Currencies – Bloomberg

The averageover the past decade was 10.42 percent. Price swings havenarrowed globally as central banks flood markets withunprecedented amounts of cheap money. The prospects for a stronger U.S. economy amid a Europe recovering from multiple debt crises and riskier emerging-marketcurrencies has also been a hindrance to currency trading , saidDavid Woo, the head of global rates and currencies at Bank ofAmerica Merrill Lynch in New York. The U.S. economy is poised to outpace its Group of 10 peersover the next two years, with growth forecast to accelerate to 3percent in 2015, the most in a decade, according to economistssurveyed by Bloomberg.
Source: http://www.bloomberg.com/news/2014-05-05/etf-bonanza-skirts-5-3-trillion-market-on-outflows-currencies.html