If your looking for specific news, using the search function will narrow down the results
Amplify ETFs Launches the Amplify CWP Growth & Income ETF (NYSE Arca: QDVO)
August 22, 2024--New growth-oriented covered call ETF seeks to lower volatility and pay high current income on a monthly basis.
Amplify ETFs announces the launch of the Amplify CWP Growth & Income ETF (NYSE Arca: QDVO). QDVO seeks to deliver a high total return through the capital appreciation of growth-oriented equities and a high monthly income by opportunistically writing covered calls1 on individual stocks
QDVO joins the Amplify CWP Enhanced Dividend Income ETF (NYSE Arca: DIVO), which is 5-star Morningstar rated*, and the Amplify CWP International Enhanced Dividend Income ETF (NYSE Arca: IDVO), in Amplify's growing income suite that aims to generate enhanced income through the use of tactical covered call writing and dividends.
view more
Source: Amplify ETFs
Minutes of the Federal Open Market Committee, July 30-31, 2024
August 21, 2024--A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, July 30, 2024, at 10:00 a.m. and continued on Wednesday, July 31, 2024, at 9:00 a.m.1
Developments in Financial Markets and Open Market Operations
The manager turned first to a review of developments in financial markets. Financial conditions eased modestly over the intermeeting period, reflecting lower long-term interest rates and higher equity prices.
The manager noted that current financial conditions appeared to be providing neither a headwind nor tailwind to growth.
Nominal Treasury yields declined over the period, with shorter-term yields having decreased by more than longer-term yields, leading to a steepening of the yield curve. Treasury yields remained sensitive to surprises in economic data, particularly consumer price index releases and employment reports. While near-term inflation compensation fell over the intermeeting period, longer-term forward measures were little changed. Measures of inflation expectations obtained from term structure models were modestly lower. The policy rate path derived from futures prices and the modal path derived from options prices both declined over the intermeeting period and had come into closer alignment with the median of the modal responses from the Open Market Desk's Survey of Primary Dealers and Survey of Market Participants.
view more
Source: federalreserve.gov
Copper Place Global Capital, LLC Announces Liquidation of Copper Place Global Dividend Growth ETF
August 21, 2024--The Board of Trustees of the Northern Lights Fund Trust IV (the "Board") has authorized an orderly liquidation of the Copper Place Global Dividend Growth ETF (Ticker: GDVD) (the "Fund"). On August 21, 2024, the Board determined that closing and liquidating the Fund was in the best interests of the Fund and its shareholders.
The last day of trading of the Fund's shares on NYSE Arca will be August 28, 2024 ("Closing Date"), which will also be the last day the Fund will accept creation units from authorized participants. Shareholders may sell their holdings in the Fund prior to the Closing Date and customary brokerage charges may apply to these transactions. Authorized Participants may redeem baskets of shares for a pro rata portion of the Fund's portfolio on hand through the Closing Date.
view more
Source: Copper Place Global Capital, LLC
BlackRock support for ESG shareholder resolutions hits fresh low
August 21, 2024--Backs 4% of environmental, social shareholder resolutions
Support compares with prior year's 6.7% support
Total support 11% from 9% driven by governance issues
BlackRock, the world's biggest asset manager, cut its support for shareholder proposals linked to environmental and social issues to a fresh low of 4.1% in the most recent annual general meeting season, it said on Wednesday.
Despite the number of environmental and social-related proposals increasing year on year to 493 from 455, BlackRock said most had been rejected for much the same reasons as in previous years.
view more
Source: reuters.com
Defiance ETFs Launches SMST: The First Short MicroStrategy ETF in the U.S.
August 21, 2024--SMST Seeks 150% Inverse Daily Exposure to MicroStrategy.
Defiance ETFs, a leading innovator in exchange-traded funds, is excited to announce the launch of SMST: Defiance Daily Target 1.5X Short MSTR ETF.
We believe this is a groundbreaking ETF-the first of its kind in the U.S. market-providing investors with 150% inverse daily exposure to MicroStrategy (NASDAQ: MSTR), a company renowned for its substantial investment in Bitcoin.
SMST seeks 1.5X the inverse performance of MicroStrategy's daily returns, catering to experienced traders looking to hedge or speculate on short-term market movements. This ETF is tailored for sophisticated traders seeking to capitalize on short-term price declines.
https://www.globenewswire.com/en/news-release/2024/08/21/2933263/0/en/Defiance-ETFs-Launches-SMST-The-First-Short-MicroStrategy-ETF-in-the-U-S.html
Source: Defiance ETFs
Innovator Debuts the Market's First Hedged Equity ETF on the Nasdaq-100 Index
August 20, 2024--Firm pioneering Defined Outcome ETFs adds to its industry-leading lineup
Innovator Capital Management, LLC (Innovator), pioneer and provider of the largest lineup of Defined Outcome ETFs, today announced the launch of its Innovator Hedged Nasdaq-100 ETF (QHDG). It will be the first ETF designed to provide a hedged-equity approach to investing in the growth-focused Nasdaq-100 Index.
QHDG is built to serve investors who can't afford to take on the market's full downside risk, but who nonetheless need higher upside potential than bonds can offer. Investors with exposure to the Nasdaq-100 have benefited from its high-flying year-to-date returns, driven in large part by a continuing bull market and optimism around the growth potential of Artificial Intelligence.
view more
Source: Innovator Capital Management
Merrill to Triple Active ETFs on Its Platforms
August 19, 2024--The firm's active exchange-traded fund additions aren't meant to replace mutual funds on the platform, said Stephen Patrickakos, head of traditional investments.
Russian crude made up a record 44% of Merrill Lynch plans to triple the number of active exchange-traded funds it features on its platforms, including ETF versions of mutual funds that already exist, Stephen Patrickakos, head of traditional investments for Merrill, told Ignites in an interview. Merrill intends to select ETFs for its platforms by evaluating their size and performance, Patrickakos said.
view more
Source: financialadvisoriq.com
PIMCO Canada Launches ETF Series of PIMCO Canadian Core Bond Fund
August 19, 2024--PIMCO Canada Corp. ("PIMCO Canada") has launched the exchange-traded fund (ETF) series units (the "ETF Series Units") of the PIMCO Canadian Core Bond Fund (the "Fund"), a strategy that seeks total return, consistent with preservation of capital and prudent investment management, by investing primarily in a diversified portfolio of Canadian dollar fixed income of varying maturities.
The ETF Series Units are expected to commence trading on the Toronto Stock Exchange (TSX) under the ticker symbol CORE when the market opens this morning.
An initial tranche of 50,000 ETF Series Units of the Fund has been issued at $20 per Unit, and the Fund has closed its initial offering of the ETF Series Units. The Fund also offers traditional Mutual Fund Series.
view more
Source: PIMCO Account Management
Ninepoint Partners Files for New Active Energy and Energy Income ETFs
August 16, 2024--Tidal Investments LLC ("Tidal” or the "Adviser”), a leading name in the US ETF industry, and Ninepoint Partners LP ("Ninepoint” or the "Sub-advisor”), one of Canada's leading alternative investment management firms, last week filed an initial registration statement with the Securities and Exchange Commission for two new actively managed energy exchange traded funds (ETFs): Ninepoint Energy ETF and Ninepoint Energy Income ETF.
As disclosed in the initial registration statement, the objective of the Ninepoint Energy ETF will be to seek long-term growth of capital. It will invest primarily in the equity securities of companies worldwide that are involved directly or indirectly in the exploration, development, production and/or distribution of oil, gas, coal, or uranium and other related activities in the energy and resource sector ("Energy Companies”).
view more
Source: Ninepoint Partners LP
'Dr Doom' files to launch ETF based on his calamitous outlook
August 16, 2024--Nouriel Roubini, aka Dr Doom, has been dishing up his downbeat takes on the global economy and markets for decades.
Now investors will finally get the chance to see how his gloomy insights translate into financial returns as Roubini, who earned his Dr Doom moniker for foreseeing the 2008 global financial crisis, turns to managing money for the first time at the age of 66.
Barring any late regulatory hitches, the Atlas America exchange traded fund will list in the US in the autumn with Roubini, chief economist and co-founder of US-based Atlas Capital Team, one of three named portfolio managers.
view more
Source: msn.com