SLB, COP, and EOG round out the top five, and it appears that some may be bracing for a potential reversal in the sector if not simply longs hedging a good sized position on the books into the weekend and near term. XLE has had notable inflows YTD, taking in >$3 billion and is now a >$12 billion fund. This ETF is also the largest Energy Equity ETF in the space by a mile as well, trumping the second largest VDE (Vanguard Energy, Expense Ratio 0.14%) which only has about $3.2 billion in AUM. XOM and CVX by nature are Value stocks, with 2.70% and 3.50% yields respectively, and managers that may have been fortunate to either buy the stocks outright or via an Energy ETF with sizable weightings towards them like an XLE for example, three, six, or twelve months ago, have seen not only steady dividends roll in but also impressive breakout price performance which has recently trumped the broad market indices.
Member Grow your network; get people to follow you to earn the Networker badge on Timesofindia.com. Remember to add both your ids to get the badge! Well Connected Movie Buff Watch a movie and become a critic! Review and rate a movie on TimesofIndia.com to earn a Movie Buff Badge! Movie Buff TheNFOforCPSEETFopened in mid-March, the units were allotted atRs17.45 each to investors on March 28, and were listed on April 3. The author has posted comments on this article Partha Sinha , TNN | Jun 11, 2014, 02.57AM IST MUMBAI: Proving a host of sceptics wrong, the UPA government’s last endeavour to divest part of its holdings in some public sector undertakings through the exchange traded fund (ETF) route has proven to be a huge success, more so for retail investors. Christened CPSE ETF, which was conceptualized and is now also being managed by the Indian arm of Goldman Sachs Asset Management, the scheme has given a return of 55.8% to retail investors in just about two and a half months.
China ETF Hedging Costs at Record Low on Stimulus Wagers – Bloomberg
Chinese stocks are pricing in a lot of bad news and we believe the risk/reward is favorable for owning Chinese stocks over the next 6-12 months. Slowing Growth The Shanghai Composite Index (SHCOMP) rose 0.1 percent to 2,073.36 at 10:34 a.m. today, while the Hang Seng China Enterprises Index was little changed in Hong Kong . Chinas gross domestic product is projected to expand 7.3 percent this year, which would be the weakest pace since 1990, according to a survey of analysts in May. Growth slowed to 7.4 percent in the first quarter from a year earlier, compared with 7.7 percent in the previous period. Thats the lowest level on record for the measure known as skew. Implied volatility , used to track options prices, for the bearish contracts was 20.3 on June 13, compared with 18.7 for the bullish calls, http://www.etftradingsignals.com/ the data show.
Semiconductor ETF Up 3 Straight Weeks (SMH, INTC, XSD, OVTI)
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.
Notable ETF Inflow Detected – BND – NASDAQ.com
The stock is up 22 percent this year and trading at the best level since 2000. 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.