In trading on Wednesday, the First Trust ISE Global Copper Index (NASDAQ:CU) is outperforming other ETFs, up about 3.79% on the day. Also up on the day are the
Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs) with more than $50 billion in franchise assets, announced changes to its PowerShares family, one of the broadest in the marketplace today. In a continuing effort to proactively address the
As healthy economic growth in Asia and signs of slow growth in most of the rest of the world have pushed the International Monetary Fund (IMF) to upgrade its global growth forecast to 4.6% for
“The industrial sector currently has a 10% weight in the S&P 500. Usually it makes sense to underweight the sector when the cycle gets long in tooth and then overweight it after a big decline. You can decide for yourself whether overweighting or underweighting is the better position right now.
Invesco’s PowerShares unit has been a leader in specialized ETFs. Its Global Progressive Transportation Portfolio(PTRP), which tracks green transportation trends, is one of its more notable funds. Even though specialized ETFs haven’t gained traction with investors, the funds can help manage volatility in a portfolio and take advantage of the stock market’s cycle. The performance […]