That is up $1 million from July 30, the day Argentina officially defaulted. [Argentina ETF Shrugs Off Default Woes] Last month, Third Points Dan Loeb said he believes Argentina will reach an agreement with its creditor and noted he is bullish on YPF ( YPF ). The energy company is ARGTs second-largest holding at a weight of nearly 12%. Other hedge funds are snatching up shares of Argentine companies, as well. According to regulatory filings, the hedge funds have acquired holdings in U.S.-listed Argentine shares, including YPF S.A.
Bet On This Top Ranked Medical Device ETF – Yahoo Finance
Sector-wise, Medical Equipment occupies the bulk of exposure with three-fourths allocation, followed by 15% allocation to Medical Supplies and 10% original site allocation to Pharmaceuticals (see: all the Healthcare ETFs here ). IHI charges a reasonable 43 basis points as expenses. The product has a modest dividend yield of 0.54% but has a good performance track record. IHI has returned 10% in the year-to-date frame, 22% in the past one year and a compounded 67% in the past three years. Thus, given its impressive track record, solid fundamentals in the space coupled with a favorable Zacks ETF Rank, the fund is expected to continue its winning streak and outperform the broader markets in the near term. Investors can consider adding this fund to their portfolio for a more diversified approach.
SLV: ETF Inflow Alert – NASDAQ.com
The malaise spread to the entire continent with the biggest European ETF FTSE Europe ETF ( VGK ) losing about 3.5% last week. However, the bailout announcement lent a helping hand to the stock market. The day after Portugal announced the bailout relief, PGAL added more than 1% on August 4. Euro zone financials were up more than 1% while the victims – Portuguese banks -added 6%, though BES shares are still shelved.
Where Will Europe ETFs Go After Portugal Banking Woes? – ETF News And Commentary – NASDAQ.com
The chart below shows the one year price performance of SLV, versus its 200 day moving average: Looking at the chart above, SLV’s low point in its 52 week range is $17.91 per share, with $23.84 as the 52 week high point – that compares with a last trade of $19.19. 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).