Many smart and well-informed analysts seem to think that this is a great opportunity to buy the dip in regional bank stocks. While I think that the SPDR S&P Regional Banking ETF will eventually recover, I believe that the risks are disproportionately high. I think that KRE ETF is a sell today, but my rating will likely change once the market provides enough clues of bullish support.
Tobin McDaniel: ETFs to Play a Crucial Role in SoFi’s Growth
When SoFi was founded in 2011, it was originally a student loan refinance company. Since then, it’s “evolved dramatically” to offer an array of products and services, including ETFs, through an investment management business, according to Tobin McDaniel, head of SoFi Invest.
Vanguard Dividend Growth’s Longtime Manager to Step Down in 2024
Fisher took over the Wellington Global Dividend Growth separate-account strategy from Kilbride in 2016, and its composite delivered stellar total and risk-adjusted returns on a trailing three-, five-, and 10-year basis
Sprott Launches Nickel Miners ETF
Sprott Asset Management announced the launch of the Sprott Nickel Miners ETF (Nasdaq: NIKL), an ETF focused on nickel mining companies that provide a mineral necessary for the clean energy transition. NIKL
Roundhill targets leading US banks with first ‘BIG’ ETF
Roundhill Investments has launched a new ETF providing focused exposure to the largest banks listed in the US. BIGB is actively managed, utilizing swap agreements and forward contracts to deliver equally weighted long exposure to major US banks that have been selected by
Reasons for Constructive Outlook on Disruptive Tech
Software clearly will consolidate this year, in our view, with much moving into private equity where there is some $1 trillion in cash waiting to be deployed,” observed BlackRock . “In our view, Tesla is likely to deliver on