U.S. stock futures were also logging gains ahead of the open following the report that U.S. producer prices in July increased 0.1%, led by services such as transportation and warehousing. The July result signaled low inflation pressure, matching forecasts for a slower price growth following the increase of 0.4% in June. Excluding food, energy and trade, the core producer prices rose 0.2% last month. Meanwhile, the Empire State manufacturing index had a reading of 14.7 in August, after hitting a four-year high in the previous month.
The chart below shows the one year price performance of IDV, versus its 200 day moving average: Looking at the chart above, IDV’s low point in its 52 week range is $34.00 per share, with $41.11 as the 52 week high point – that compares with a last trade of $38.54. 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).
Notable ETF Inflow Detected – IDV – NASDAQ.com
Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider. Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing.This and other information are contained in the respective fund’s prospectus, which may be obtained by contacting your PIMCO representative.Please read the prospectus carefully before you invest. ETFs are afforded certain exemptions from the Investment Company Act.
Wicked Strong Won Not Wreaking This South Korea ETF – Yahoo Finance
Barclays strategists viewed the BOK rate cut as a one and done adjustment to restore confidence, designed to spur growth, with the main impulse coming in early 2015, MNI reports. Consequently, Barclays expects the won to continue strengthening. [ The Steadiness of South Korea ETFs ] Korea hedged equity ETFs, WisdomTree Korea Hedged Equity Fund ( DXKW ) and db X-trackers MSCI South Korea Hedged Equity Fund ( DBKO ) , which both try to limit the effects of currency fluctuations, would underperform non-hedged ETFs if the won continued to strengthen against the U.S. dollar. DXKW was up 0.7% Thursday and DBKO was down 0.8%. FKO and EWY do not hedge their currency risk, so an appreciating won would make the Korean won-denominated assets worth more in U.S.
No Reason for Penney to Exist; Party On, Biotech: Jim Cramer’s Best Blogs – Yahoo Finance
A surge in redemption activity has driven most of the drop in high-yield ETF assets since early July, go with average net asset values (NAVs) falling modestly. Between July 11 and August 8, total assets for the 10 high-yield ETFs we studied fell from $36.5 billion to $32.7 billion. In contrast to the heavy bond ETF trading period last year, when both high-yield and investment grade funds reported sharp rises in volumes, the recent spike in activity has been seen only among high-yield ETFs. During the week ended August 1, high-yield ETF trading volume exceeded investment grade by $4.1 billion.
Fitch: High-Yield ETF Outflows Surge as Risk Appetite Shifts – Yahoo Finance
In that setup, where is J.C. Penney? Let’s see. First, it caters to the older demo that is now past its peak earnings years and wants to save.