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BetaShares launches Metaverse ETF | Money Management

BetaShares has launched a Metaverse exchange traded fund (ETF), offering investors exposure to companies involved in building and operating in the Metaverse. The Metaverse ETF would include around 32 companies in technology, entertainment and specialised Metaverse companies including NVIDIA, Meta Platforms and Roblox. The Metaverse economy sat at the intersection of virtual and augmented reality, […]

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Technology

First Trust Cloud Computing ETF (NASDAQ:SKYY) Short Interest Update

First Trust Cloud Computing ETF (NASDAQ:SKYY – Get Rating) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 223,700 shares, a growth of 16.4% from the June 30th total of 192,100 shares. Based on an average daily volume of 562,500 shares, the days-to-cover […]

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Technology

4,777 Shares in Global X Cloud Computing ETF (NASDAQ:CLOU) Purchased by Prospera Financial Services Inc

Prospera Financial Services Inc bought a new position in Global X Cloud Computing ETF (NASDAQ:CLOU – Get Rating) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 4,777 shares of the company’s stock, valued at approximately $105,000. A number of other institutional investors […]

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Technology

Envestnet Asset Management Inc. Buys 9,057 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Envestnet Asset Management Inc. lifted its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY – Get Rating) by 6.3% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 152,068 shares of the company’s stock after purchasing an additional 9,057 shares during the period. Envestnet Asset […]

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US

Australia’s First Metaverse ETF Launched by BetaShares 

The ETF listing offers exposure to a portfolio of international businesses MTAV aims to track the Bloomberg Metaverse Select Index It currently offers exposure to a portfolio of 32 leading companies Betashares, an Australian trade exchanged store (ETF) supplier, reported on Wednesday that it sent off the first metaverse commercial center item on the Australian […]

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Business

Playing inflation: ETF strategies for chasing market swings

To ride out bear market volatility and continued uncertainty from the Federal Reserve, investors are attempting to utilize inflation for potential profit. Beyond traditional strategies using solely Treasury securities, more exchange-traded funds have entered the market for investors to chase the inflation trade. “Not surprisingly, in the first half this was an incredible performer,” Ben […]

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Business

Watch now: ETF Edge on investors favoring defensive products… but thirsting for single-stock ETFs

[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer […]

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Business

Sustainable ESG strategies: What eco-conscious ETF investors may need to know

Venturing into sustainable funds is a growing trend for eco-conscious investors. There are now more than 550 ESG funds, which allocate according to environmental, social and governance issues, according to Morningstar. “We’re seeing an evolution of sustainable products right now,” said Jon Hale, global head of sustainability at Morningstar, in an interview Monday on CNBC’s […]

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Technology

Global X Cloud Computing ETF (NASDAQ:CLOU) Sees Significant Drop in Short Interest

Global X Cloud Computing ETF (NASDAQ:CLOU – Get Rating) was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 1,180,000 shares, a decline of 28.5% from the June 30th total of 1,650,000 shares. Based on an average trading volume of 681,600 shares, the days-to-cover […]

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Technology

A Pullback in Cloud Computing Spikes Interest in This ETF | ETF Trends

At the height of the pandemic, cloud computing stocks were one of the strongest subsectors of tech. However, the sector could be suffering a case of too much too soon as valuations of cloud computing companies got elevated to lofty heights, which is allowing bears to prosper amid inflation pressures on tech in 2022. Cloud […]