The largest ETF holding U.S. equities tested support at the 200-day line again Wednesday as gloom descended on global markets. Stock exchange traded funds veered sharply downward as besieged investors eyed a violent sell-off in Chinese shares, the eurozone crisis and an update from the Federal Reserve later today. Amid the volatility, a $10.9 million ETF with a high risk-reward investment strategy surprised with a 2.9% gain. PowerShares S&P
El Rhazi Otmane ETF. An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks.
Wednesday, 8 July 2015
Wednesday ETF Winners: A High Beta ETF's Surprise Gain
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The largest ETF holding U.S. equities tested support at the 200-day line again Wednesday as gloom descended on global markets. Stock exchange traded funds veered sharply downward as besieged investors eyed a violent sell-off in Chinese shares, the eurozone crisis and an update from the Federal Reserve later today. Amid the volatility, a $10.9 million ETF with a high risk-reward investment strategy surprised with a 2.9% gain. PowerShares S&P
The largest ETF holding U.S. equities tested support at the 200-day line again Wednesday as gloom descended on global markets. Stock exchange traded funds veered sharply downward as besieged investors eyed a violent sell-off in Chinese shares, the eurozone crisis and an update from the Federal Reserve later today. Amid the volatility, a $10.9 million ETF with a high risk-reward investment strategy surprised with a 2.9% gain. PowerShares S&P
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