Wednesday 21 January 2015

Top Three Actively Traded ETFs Fall Off Perches

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.



The three most actively traded ETFs have tumbled from their recent all-time highs and are trading below their 50-day moving average lines. SPDR S&P 500 (SPY) is 5% off its old high, set in December. IShares Russell 2000 (IWM) is 4% below its record, as is PowerShares QQQ (QQQ). Both the SPY and QQQ ETFs have a large-cap stock bent. But QQQ offers a much stronger tech stock tilt -- 56% vs. SPY's 17.7%. It also allocates far more to its top 10 stock

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