best etf portfolio Must have repurchased at least 5% or more of its outstanding shares within the trailing 12 months – NOT YET. I will discuss this in the next section. Apple’s outstanding share count: The following chart shows Apple’s outstanding count over the past two years, taken from its quarterly and annual filings . When Apple reported its fiscal third quarter results , the company detailed how it used its in-quarter debt raise to buy back a large amount of stock.
The morning surge may have been just enough to entice a few bears out of the cave and start buying in anticipation of a move to new highs in the NASDAQ, but the party did not last long because stocks sold off sharply just after 3 pm and erased the morning advance. All indices closed near the lows of the day due to the late selling, with only small and mid-caps barely finishing in positive territory. As we mentioned last week, although the NASDAQ is in decent shape, the S&P 500 has failed to reclaim the 50-day MA and the Dow Jones is nowhere near the 50-day MA. This divergence most likely points to the market needing to consolidate for a few weeks. Due to yesterdays stalling action in the averages, we have tightened up the stops in a few ETF positions.
Some Relief For An India ETF…Maybe
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).
JNK: ETF Outflow Alert
Emerging markets investors long seduced by the promise and potentially positive impact of infrastructure spending know that it takes time for these projects to get started, let alone bear fruit, so an immediate pop for INXX may not be in the cards. In theory, INXX should benefit from increased Indian infrastructure spending if for no other reason than that the country’s decrepit infrastructure, particularly when compared to China, has long been viewed as a significant obstacle for the Indian economy. INXX devotes nearly 61 percent of its combined weight to industrial and utilities stocks, which should be beneficiaries of increased infrastructure spending. It is, however, worth remembering that developing world infrastructure announcements often have mixed results for ETFs. Last year, Brazil ETFs got a short-term pop when that country announced a $66 billion infrastructure program.
Noteworthy ETF Inflows: CIU
Flash Eurozone Manufacturing PMI at 51.3 (50.3 in July). 26-month high. Flash Eurozone Manufacturing PMI Output Index at 53.4 (52.3 in July). 27-month high. The report included this Commentary by Chris Williamson, Chief Economist at Markit: So far, the third quarter is shaping up to be the best that the euro area has seen in terms of business growth since the spring of 2011.
ETFs That Lost 50% In a Single Year
1997 also happened to be the first full calendar year for this ETF, giving it quite an uphill battle out of the gate. Luckily, investors stood by the product and it now holds more than $900 million in assets. 2002: Networking Stocks Plummet Five years would pass until the ETF world saw another major casualty. Networking stocks like CSCO, JNPR and MSI all had a rough go in 2002, dragging down IGN. Similar to EWM, investors kept their faith in the ETF and it is now home to a quarter billion in total assets.
More Good News for Europe: Weekly International ETF Report
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 . Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with a special 20% off coupon from Forbes and 30 Days Free. 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.