Despite Fridays 0.07 percent advance to $29.22 per share, EWQ finished the week 0.57 percent below its 50-day moving average (currently $29.39). Its Relative Strength Index is 42.82. The MACD continues to sink below the signal line, suggesting the likelihood of a resumed decline during the immediate future. It invests at least 80% of its assets in the securities of the MSCI France Index or in depositary receipts representing securities in the MSCI France Index, which consists of stocks traded primarily on the Paris Stock Exchange. Vanguard MSCIEuropeETF (NYSEARCA:VGK): +0.25%,This ETF is designed to track the performance of the MSCI Europe Index. The MSCI Europe Index tracks the Europe stock market performance as reflected by the performance of top companies and sectors in developed Europe including France, Germany, Greece, The United Kingdom, Sweden, Norway, and Italy. SPDR Euro STOXX 50 ETF (NYSEARCA:FEZ): +0.14%, This ETF is designed to obtain results which correspond generally to the total return performance of the EURO STOXX 50A Index. FEZ employs a replication strategy, which means that it typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. The last word: The flow of disappointing economic data from France continued, as the latest Flash France Composite PMI report from Markit Economics revealed that the nations economy is slipping further into contraction, with a negative second-quarter GDP becoming more likely.
BlackRock ETFs Near $1 Trillion AUM; But Vanguard Ahead
( NYSE:BLK ) pulled in $24.7 billion or 35% market share. For years, BlackRock, Inc. ( NYSE:BLK ) has been losing ETF market share to Vanguard. In 2009, the worlds largest asset manager accounted 47.7% ETF assets under management in the United States compared with Vanguard learn more Groups 11.7% market share. Data from Lipper, a unit of Thomson Reuters show that the ETF market share of BlackRock, Inc.
ETF Chart of the Day: Cautious on Energy | ETF Trends
This may very well be tied to the upcoming earnings season in the sector, as it looks a bit like options activity that we have noted recently in related ETF XLE (SPDR Energy Select Sector, Expense Ratio 0.16%) which also has involved put buying. XOP is structured much differently from the market cap weighted XLE which is rather heavily weighted toward XOM (15.48%) and CVX (12.64%), given that it has forty five individual holdings in the underlying index in that it follows a modified equal weight index methodology. As a result, the fund has a more noticeable lean towards Small and Mid-Cap names than say XLE, with about 31% of the portfolio being allocated to Small Caps and about 29% to Mids. Top holdings in XOP currently are GDP (2.24%), HK (1.90%), CRK (1.63%), NFX (1.50%), and SGY (1.44%), not exactly household Oil & Gas names. XOP is actually the fifth largest U.S.
ETF Gifts That Keep On Giving | Seeking Alpha
Investors may want to wait things out, but with that said, the underlying companies are still solid investments. Waiting for a better price point for entry may pay off in the long term only marginally. Commodities Exchange Traded Funds The ETFs that track the performance of commodities and investment products such as bonds, treasuries, and mortgage products of both mature and emerging markets. An investor can find broad diversification in categories that invest in currencies, domestic and foreign-debt products, real-estate, and natural resources. dollar denominated government bonds from emerging market countries.