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An Industry ETF For A Post-Rate Hike World
Thursday, December 17, 2015 - 9:44am | 593The Federal Reserve finally did it. On Wednesday, the U.S. central bank raised interest rates for the first time in more than nine years, setting the course for several more rate hikes in 2016 and perhaps taking rates as high as 1.25 percent by the end of the year. After the dust settled on the Fed...
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Peeking In On The Newest SPDRs
Wednesday, December 9, 2015 - 9:19am | 683For more than 17 years, exchange-traded funds investors and traders alike knew just nine sector SPDRs, but that changed in October with the debuts of Financial Services Select Sector SPDR Fund (The)(NYSE: XLFS) and Real Estate Select Sector SPDR Fund (The) (NYSE: XLRE). The New SPDRs State Street...
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A New S&P 500 ETF That Excludes Fossil Fuels
Wednesday, December 2, 2015 - 9:28am | 583These are not go-go days for producers of fossil fuels. Not only are oil prices residing at multi-year lows, but coal is in the tank with several coal companies already declaring bankruptcy and perhaps more to follow. Additionally, the “ex-fossil fuels” investment theme is gaining...
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Building Something With Homebuilders ETFs
Tuesday, December 1, 2015 - 9:12am | 521With the Federal Reserve inching closer to raising interest rates, investors are increasingly scrutinizing sectors and industries for positive correlations and vulnerabilities to higher borrowing costs. On the surface, consumer discretionary stocks and the corresponding exchange-traded funds would...
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Healthcare ETFs' Check Up Ahead Of Higher Interest Rates
Tuesday, November 24, 2015 - 9:15am | 623The healthcare sector and the corresponding exchange-traded funds do not have the reputation for being comparably as sensitive to changes in interest rates as say utilities or real estate stocks. Nor are healthcare ETFs as positively levered to rising rates as financial services funds are. During...
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Investors Are Pouring Into Bank ETFs Ahead Of Fed Meeting
Monday, November 23, 2015 - 9:35am | 612With the Federal Reserve's December meeting just a few weeks away and expectations rising that the central bank will finally raise interest rates, certain sector exchange-traded funds are garnering renewed inflows. Predictably, that includes financial services ETFs. And when the conversation is...
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Don't Hate On Buybacks, Buyback ETFs
Thursday, November 12, 2015 - 4:12pm | 622Share repurchase programs have been an increasingly popular way for companies to deploy excess cash. Buybacks have also been increasingly vilified, as critics assert that the cash would be better used to reinvest the business, hire new workers, reduce debt or make acquisitions. The companies that...
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How Lower Fees Impact iShares Core ETFs
Wednesday, November 11, 2015 - 3:56pm | 653In an announcement made Tuesday, BlackRock, Inc. (NYSE: BLK)'s iShares unit, the world's largest issuer of exchange-traded funds, said it is paring the fees on seven of its core ETFs, bringing some of the annual expense ratios on those funds to as low as 0.03 percent per year. That works out to...
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Yellen Holds The Cards For Rate-Sensitive ETFs
Wednesday, November 4, 2015 - 4:51pm | 576The Federal Reserve passed on raising interest rates following its October meeting, but Federal Reserve Chair Janet Yellen's comments before Congress earlier Wednesday indicate the Fed chief is mulling a boost to borrowing costs in December. How investors treat rate-sensitive stocks and...
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Sector ETFs For November: Time For Laggards To Lead
Monday, November 2, 2015 - 3:49pm | 584Year-to-date, five of the nine sector SPDR exchange-traded funds issued by State Street Global Advisors (SSgA) have traded lower. The Energy Select Sector SPDR (ETF) (NYSE: XLE) is the most egregious offender of the lot with a 12.2 percent year-to-date loss. Perhaps the Utilities SPDR (ETF) (NYSE:...
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Flurry Of A-Shares ETF Launches Continues
Thursday, October 29, 2015 - 2:26pm | 536Another new exchange-traded fund tracking China A-shares, the stocks trading on mainland exchanges in Shanghai and Shenzhen, debuted Thursday when State Street Corp (NYSE: STT)'s State Street Global Advisors (SSgA), the third-largest U.S. ETF issuer, entered the A-shares fray. Recent Debuts SSgA...
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New Dividend ETF Is A Bet On Rates Remaining Low
Thursday, October 22, 2015 - 3:01pm | 523Although the Federal Reserve has yet to boost interest rates, there has been ample speculation this year about when the central bank will do that, and that speculation has weighed on plenty of exchange-traded funds emphasizing dividends. To be precise, dividend ETFs with robust exposure to rate-...
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Year-To-Date ETF Inflows Jump To A Record $145 Billion
Wednesday, October 21, 2015 - 9:26am | 635Despite global volatility and a lack of clarity regarding when the Federal Reserve will raise interest rates, U.S.-listed exchange-traded funds continue to gather assets at breakneck speed. After adding $19 billion last month, exchange-traded products trading in the United States, including ETFs...
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Sector SPDRs Pare Fees
Friday, October 9, 2015 - 2:56pm | 491State Street Corp (NYSE: STT)'s State Street Global Advisors (SSgA) unit, the third-largest U.S. issuer of exchange-traded funds, is making it even less expensive to invest in its widely followed suite of sector ETFs, commonly known as the SPDRs. The fees on all nine of the established sector...
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Getting Ready For The REIT Sector Transition With Two New ETFs
Thursday, October 8, 2015 - 2:37pm | 691State Street Corp (NYSE: STT)'s State Street Global Advisors (SSgA), the third-largest U.S. issuer of exchange-traded funds, added to its already expansive lineup of sector ETFs Thursday with the debuts of the Financial Services Select Sector SPDR Fund (NYSE: XLFS) and the Real Estate Select Sector...