Additional Posts From This Author
Investors who want to tap an ever-flowing dividend stream have a new purpose-built exchange-traded fund (ETF) to consider. Roundhill Investment's latest ETF is a one-click solution to buy the market's “Recession Kings” of the market. On Thursday, November 2, The Roundhill S&P Dividend Monarchs ETF (“KNGS”) began trading today on the New York Stock Exchange, Arca. The...
Energy investors have another sector-defining deal to absorb. This week, California-based supermajor Chevron announced its biggest merger and acquisition in its history. The California-based supermajor will takeover energy player Hess for $53 billion in a deal valuing the target company at $60 billion. The deal opens the door for Chevron to vast natural deposits in...
Investors who only want exposure to the best on the market have a new exchange-traded fund to add to their watchlist. Boston-based GMO, headed by legendary investor Jeremy Grantham, has launched its first-ever ETF. On November 15, the GMO US Quality ETF listed on the New York Stock Exchange, Arca, under the ticker “QLTY”. The actively managed...
Roughly four million Baby Boomers will turn 65 this year — the largest number in United States history. While America's so-called “gray tsunami” is surging forward, it won't just be crashing on America's shores. Many retirees have set their sights on living out their golden years overseas. Retiring abroad is no longer a far-fetched fantasy....
Investors seeking a new pharmaceutical play for their portfolio have a new initial public offering (IPO) to consider. On Friday, October 20, Cargo Therapeutics, Inc. (CRGX) filed an S-1 form with the Securities and Exchange Commission (SEC). This will make it available to invest in through the stock market as it plans to list on...
According to new Federal Reserve data, Americans used about $18 billion in credit between May and June, with consumer credit increasing at a seasonally adjusted rate of 4% through the second quarter. Debt has been at the forefront of American life this year. After a tense standoff between Democrats and Republicans on the federal budget,...
Sicily has inspired wanderlust for generations, and now with the wildly popular TV series White Lotus, the Mediterranean's largest island is firmly back in vogue and on travelers' radar. These ideas for a cheap Sicily trip will give you all the wonder without breaking the bank. At the crossroads of empires throughout history, Sicily is...
The world of finance is characterized by increasing volatility and innovation, making it more interesting to learn about and yet more challenging to comprehend. With the financialization of the economy, money's influence is vital at both a personal and societal level. To one degree or another, capital flows and interest rates impact everyone, from investment...
This week marks the 30th birthday of SPDR S&P 500 ETF Trust (SPY), the first-ever U.S. exchange-traded fund that ignited a new asset class and brought diversified portfolios to the masses. Three decades later, the revolution is still going strong. The U.S. is now home to over 3,000 ETFs. While simple index funds that track...
Amid the tumult caused by global health crises and wars in recent years, the citizens of the world's richest country have grown increasingly worried about money. According to a recent CNBC poll, 70% of Americans feel stressed about their finances. Moreover, a majority — 52% — of adults surveyed say their financial anxiety levels have increased...
The market narrative has been anything but straightforward this year. With recent bank failures, an unfolding artificial intelligence (AI) revolution, retreating inflation, high interest rates, and lingering fears of an impending recession, the news cycle has been a non-stop rollercoaster ride of mixed signals. For newcomers to investing, it may feel like baptism by fire. Heading...
Stocks have bounced back with a vengeance in recent weeks. Investors are throwing caution to the wind as they buy up equities, boosted by booming exuberance for AI. The bulls have charged through the wall of worry about the economy's health, triggering a melt-up in asset prices. The broad-based indices S&P 500 is pumping. Trading...
June is turning into an explosive month for markets. The broad-based S&P500 is on a tear. Trading around 4,400 points, the broad-based index is up 3% on the second week of June, its biggest weekly gain since March. The coming weeks will see whether it has support to keep pushing up toward historical highs of...
Stock investors seeking affordable limits on their downside risk will like the look of BlackRock's latest exchange-traded fund (ETF) offerings. The world's largest asset manager has released two new low-cost buffered ETFs to mark the halfway point of the trading year. The iShares Large Cap Moderate Buffer ETF (IVVM) and iShares Large Cap Deep Buffer...
A new exchange-traded fund (ETF) has landed, offering cryptocurrency bulls a unique exposure profile to an industry leader. The YieldMax COIN Option Income Strategy ETF (CONY) debuted on the NYSE Arca on August 15. The fund aims to deliver monthly income through a synthetic covered call strategy based on the stock price of the crypto...
Netflix fans who want more from the platform's stock performance have a new exchange-traded fund (ETF) with a unique value proposition. The newly-launched YieldMax NFLX Option Income Strategy ETF (NFLY) aims to generate monthly income through a synthetic covered call strategy targeting the streaming giant's stock price. The fund began its first day of trading...
Big tech is prepping for an impending semiconductor debut that will likely be this year's biggest public deal. Already, the list of heavyweight anchor investors has become as long as one's proverbial Arm. Arm, a leading British chip designer, is aiming to raise around $10 billion through an initial public offering (IPO) that could land...
Investors looking to add some consumer labels to their portfolios deal could soon have a new shoe ticker to try on for size. Birkenstock is planning to go public as soon as September in a deal that could value the shoe brand at $8 billion, potentially becoming the most lucrative IPO of the year. Details...
With stocks backsliding again this month, investors are keen for new signs of life in the initial public offerings (IPO) market. Now one long-delayed deal may be coming around the corner that could deliver the goods. Online grocer platform Instacart is preparing to go public on the Nasdaq as soon as September, people familiar with...
Investors looking for big gains from international markets have a new India-focused fund to consider. Global X listed the Global X India Active ETF (NDIA) on the NYSE Arca on August 18. The launch is significant for Indian investing as it represents the U.S. market's first active single-country ETF exclusively targeting India. NDIA was launched concomitantly...
Investors looking to spice up their portfolios with Latin American exposure have a new fund to consider. Global X launched the Global X Brazil Active ETF (BRAZ) on the NYSE Arca on August 18. The launch is a milestone for Brazil investing, as it marks the U.S. market’s first active single-country ETF that exclusively tracks the country....
While home ownership remains a dream for most Americans, some lucky souls stumble backward into becoming a landlord. These so-called “accidental landlords” may have never envisioned collecting rent so soon, yet the bizarre changes in the property market have nudged them into this seemingly lucrative role. Millions of Americans bought homes in 2020 and 2021,...
In the investing world, stability and performance are often thought of as mutually exclusive. That doesn’t stop some products from trying to bring them together, though. Investors seeking steady income and long-term growth have a new combined strategy exchange-traded fund (ETF) to sample. Kansas-based Madison Investments debuted a new active ETF on the New...
Investors hungry for a sizeable IPO have another deal to check out this week. Klaviyo, a Boston-based data-based marketing firm, filed its paperwork with the Securities and Exchange Commission (SEC) on Friday and is preparing to list on the New York Stock Exchange under the symbol “KVYO.” Klaviyo did not disclose specifics regarding total units...
Investors who like their tech stocks stabilized and with an extra shot of income are in luck. ZEGA Financial has launched yet another two new funds to its already bulging portfolio of tech-focused covered call ETFs. This time the asset manager is deploying its synthetic covered call strategy on Microsoft and Disney stocks. The YieldMax...
A new space-bound special purpose acquisition company (SPAC) is preparing for takeoff on the initial public offering (IPO) launchpad. On August 24, Mission Control Acquisition Corporation submitted its S-1 filing to the Securities and Exchange Commission (SEC) for an IPO on the New York Stock Exchange (NYSE). Listing under the ticker “MISN”, the firm set...
Investors who want to derisk their China exposure while staying in the emerging market (EM) game have a new purpose-built exchange-traded fund (ETF) to consider. KraneShares has launched a new fund targeting broad EM equities that also dynamically adjusts its exposure to China stocks. The KraneShares Dynamic Emerging Markets Strategy ETF (KEM) listed on the...
ZEGA Financial has made a seat at the table for an oil major at its buzzing party of blue-chip covered call ETFs. The YieldMax XOM Option Income Strategy ETF (XOMO) launched on the New York Stock Exchange Arca on August 30. With the aim of delivering monthly income to holders, XOMO will sell/write call options on Exxon...
Investors who want some padding in case of a hard landing have two new buffered funds to consider. Allianz Investment Management launched two buffered exchange-traded funds (ETFs) on the New York Stock Exchange, Arca, on August 31. The AllianzIM U.S. Large Cap Buffer10 Sep ETF (SEPT) and the AllianzIM U.S. Large Cap Buffer20 Sep ETF...
A new ETF offers ‘travel insurance’ for footloose American capital jetting off to other developed markets. Innovator Capital Management floated the Innovator International Developed Power Buffer ETF – September (ISEP) on the NYSE Arca on September 1. ISEP is designed to protect investors against large losses in developed markets around the globe, ex-North America. It...
As anticipation builds, Arm has released more pricing details ahead of what is to be the biggest initial public offering (IPO) of the year. The chip designer filed an updated F1 filing with the Securities and Exchange Commission on September 5. The firm will list 95.5 million ordinary shares under the ticker “ARM,” targeting a price range...
A booster shot in the Arm? Already billed as the year’s biggest deal, the leading chip designer is toying with raising prices further on the eve of its launch. The firm may seek to notch up its valuation higher by edging its stock price higher, sources told Reuters on Sunday, September 10. The sources said...
Investors looking for more exposure to the U.S. housing industry have a new initial public offering IPO to consider. On September 6, Smith Douglas Homes Corp. (“Smith Douglas”), filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) for an IPO of its Class A common stock. The Georgia-based firm plans to float...
Step by step, Birkenstock is sauntering on down to Wall Street. The German sandal maker unboxed its filing for an initial public offering (IPO) on September 12. The company plans to list on the NYSE under the ticker “BIRK.” No date has been announced as yet, but the filing says the deal will land as...
The wait is over for investors – Arm has locked in its final pricing for its market debut, which begins trading on Thursday, September 14. On the eve of the deal, the chip design firm priced its initial public offering at $51 a share. The company is due to list at least 95.5 million American...
Investors looking to secure returns on capital through the mid-2020s now have several sequential bond-based ETFs to consider. BlackRock has launched five iShares ETFs on the New York Stock Exchange (NYSE) Arca that invest in U.S. Treasury Inflation-Protected Securities (TIPS) of varying maturities. The five funds include The iShares iBonds Oct 2024 Term TIPS ETF (IBIA),...
Investors seeking an active edge in regions beyond North America have a new lineup of exchange-traded funds (ETFs) to choose from. On September 22, Asia-focused investment firm Matthews Asia launched five new actively managed emerging market ETFs on the New York Stock Exchange (NYSE). The Matthews Pacific Tiger Active ETF (NYSE Arca: ASIA) seeks to invest in...
A new exchange-traded fund (ETF) product has emerged from Roundhill's pipeline for a more holistic exposure to the liquid natural gas (LNG) ecosystem. On Friday, September 22, the investment company floated The Roundhill Alerian LNG ETF (LNGG) on the New York Stock Exchange Arca. This fund is no spot price tracker, though. With LNGG, buyers...
Investors scanning the horizon for new growth spaces may want to zoom in on those empty concrete boxes in the sky – a new ETF is betting big on the humble office. On Friday, September 22, VanEck launched an ETF giving concentrated exposure to the U.S. office property segment – The VanEck Office and Commercial...
Investors looking to siphon more oil and gas profits into their brokerage accounts have a new deal to size up. Mach Natural Resources filed an S-1 form for an initial public offering (IPO) with the Securities and Exchange Commission on September 22. Mach intends to list on the New York Stock Exchange (NYSE) under the ticker “MNR.” ...
Investors who spend a lot of time planning their outfits for vacation may find comfort in a newly available exchange-traded fund (ETF). Rather than packing your “port” with suitable clothes, this fund packs your “portfolio” with a seasonal selection of stocks. On Monday, September 25, GGM Wealth Advisors launched an active ETF GM Macro Alignment...
Investors keen to try on Birkenstock for size now have the definitive measurements of its impending initial public offering (IPO). Birkenstock set terms for its imminent deal on Monday, October 2, through an F1A form filed with the Securities and Exchange Commission (SEC). Birkenstock shares will be priced between $44 and $49 apiece. With at...
Investors looking for an edge through an actively managed allocation have a new fund to consider. On Tuesday, September 26, Avantis Investors (a subsidiary of American Century Investments) launched the Avantis U.S. Large Cap Equity ETF on the New York Stock Exchange, Arca, under the ticker “AVLC.” AVLC invests in a spread of large-cap U.S....
Despite the stock market's recovery from 2022's market rout, insecurity about retirement is at record levels this year. Multiple surveys show more and more American workers fear they will never be able to retire. Those who plan on eventually hanging up their boots feel they must stay on the field longer. One study from the...
It's been nothing but crickets in the biotech initial public offering (IPO) space this year, but investors who are hungry for a new pharma play finally have a deal coming down the pipeline to consider. On Friday, September 29, Lexeo Therapeutics filed with the Securities and Exchange Commission (SEC) with plans to launch on the...
Markets have been gloomier recently, but a new exchange-traded fund (ETF) has some investors seeing the light. Investors of faith who have a new, themed ETF to consider. On Tuesday, October 3, Sovereign Capital – a brand new asset manager – launched its debut ETF – The Sovereign's Capital Flourish Fund (“SOVF”), on the New York Stock...
Cryptocurrency bulls have several new exchange-traded funds to choose from. On Tuesday, October 3, asset manager ProShares launched the first fund correlated to the price performance of Ether. The ProShares Ether Strategy ETF (“EETH”) targets the price performance of the world's second-largest cryptocurrency, which is currently trading at around the $1640 mark. Much like the...
Investors who like to grow their returns in sequential, gradated form have a new exchange-traded fund (ETF) to meet and greet. On Tuesday, September 26, JPMorgan launched the Avantis U.S. Large Cap Equity ETF on the New York Stock Exchange, Arca, under the friendly-sounding ticker “HELO.” HELO provides hedged exposure to U.S. large-cap stocks. It...
Investors keen on critical materials exposure have a new exchange-traded fund (ETF) to consider. USCF – an Oakland-based asset manager specializing in commodities-based funds – has launched the USCF Aluminum Strategy Fund on the New York Stock Exchange under the ticker “ALUM.” As an actively managed ETF, ALUM trades aluminum-based derivatives – both on U.S....
Investors seeking fixed-income exposure have a couple of new FundX exchange-traded funds (ETFs) to weigh up. The veteran San Fransicso-based asset manager, which became a subsidiary of One Capital Management last year, has converted two of its mutual funds into ETF products, listing them on the New York Stock Exchange, Arca, on Monday, October 9. The...
In the world of investing, bigger is not always better. Smaller companies usually have more room for growth and, if bought at the right time, can deliver outsized returns. Investors looking to pivot to the latent potential hidden in smaller stocks have a new built-for-purpose exchange-traded fund (ETF) to size up. On October 3, Zacks...
In today's increasingly polarized America, politics is seeping deeper into finance and business. Investors keen to support conservative alternatives to left-leaning platforms have a new special purpose acquisition company (SPAC) deal to consider. On Friday, October 6, Colombier Acquisition Corp. II filed its S-1 form with the US Securities and Exchange Commission (SEC), disclosing terms for a...
Investors hungry for new consumer brands finally had a trendy deal to check out this week. On Wednesday, October 11, Birkenstock launched its initial public offering (IPO), commencing trade as a public company on the New York Stock Exchange (NYSE) under the ticker symbol “BIRK.” The highly-anticipated deal comes after an ambitious IPO roadshow by...
Investors with an insatiable appetite for YieldMax have yet another fund to consume. Manager ZEGA Financial has released yet another iteration of its single-stock fixed-income exchange-traded fund (ETF). This time, it is a payment processor play (its second, after PayPal). On Tuesday, October 10, YieldMax launched the YieldMax SQ Option Income Strategy ETF (“SQY”) on the New...
Investors seeking security in high-quality bonds have a new purpose-built exchange-traded fund (ETF) to consider. Last week, JP Morgan launched the JPMorgan Active Bond ETF (“JBND”) on the New York Stock Exchange, Arca. JBND is an actively managed portfolio that holds U.S. investment-grade bonds of intermediate- and long-term duration. It focuses primarily on securitized debt. JBND...
Investors with an appetite for bowel disease biotech have a new European deal to digest. French biotech firm Abivax S.A. is commencing a transatlantic uplisting from Euronext Paris to the Nasdaq. On Monday, October 15, the firm kicked off its roadshow for its planned debut. It will float under the ticker “ABVX,” while staging a...
Investors who still see strong growth potential in Chinese stocks have a new exchange-traded fund (ETF) to consider. New York-based fund manager Neuberger Berman has converted its China-focused mutual fund into an ETF. On Monday, October 16, the Neuberger Berman China Equity ETF (“NBCE”) began trading on the New York Stock Exchange Arca. Neuberger's team takes a...
Investors looking to pump more oil and gas profits into their energy portfolio have a new home-grown deal to weigh up. Oklahoma City-based Mach Natural Resources has disclosed pricing terms for its imminent initial public offering (IPO) through an S-1/A filing with the Securities and Exchange Commission (SEC). Mach will float 10 million common units at a...
The US-China strategic rivalry is increasingly being felt in the world of finance. The situation poses a quandary for Wall Street. Patriotic investors want the gains of the Asian giant without selling out on Uncle Sam. Yet few reliable options exist for such a strategy. In August, the Biden administration moved forward with an executive order restricting...
Investors short a 401(k) may have a savings solution in the form of a new exchange-traded fund (ETF). BlackRock has launched a suite of target date ETFs on the New York Stock Exchange. Target-date funds offer an indexed portfolio that progressively rebalances as retirement nears. Such funds decrease the riskiness of holdings over the decades,...
Investors itching for an extra booster shot of vaccine-themed equities have a new exchange-traded fund (ETF) to inject into their portfolio. YieldMax has struck again, this time sticking its single-stock synthetic covered call strategy to lead Covid-19 vaccine producer Moderna, Inc (“MRNA”). On Monday, October 23, the YieldMax MRNA Option Income Strategy ETF launched on...
Investors looking for an eco-friendly play in the agribusiness have a new special purpose acquisition company (SPAC) to add to their watchlist. On Tuesday, October 24, Agriculture & Natural Solutions Acquisition registered with the Securities and Exchange Commission (SEC) to list on the Nasdaq exchange under the ticker “ANSCU.” The blank-check company plans to raise $300...
Succession fans may be excited to hear a “Waystar” is going public. Yet there is no hostile takeover or boardroom drama to see here; in fact, this “Waystar” is not even a media company. Waystar Holding Corp. is a health tech company whose cloud-based software platform helps hospitals and clinics manage payments. The company intends...
Investors who are seeking bumper monthly yield from broad based market indices have a new exchange-traded fund (ETF) to consider. On Monday, October 30, Defiance ETFs issued the Defiance R2000 Enhanced Options Income ETF (“IWMY”) on the New York Stock Exchange, Arca. The actively managed put-write fund aims to help boost income with an allocation...
Gloom has descended on Wall Street in recent weeks, with all major indices sliding steeply from their summertime highs. Fear is driving the markets now as traders fret over the coming of a potential recession and the impact of the Fed's “higher-for-longer” rate policy on equity values. Now, investors who want to put a floor...
Cryptocurrencies are a divisive asset class – they seem to have as many fans as haters. Not sure which way the crypto winds may blow? There's a new way to hedge your bets. Ether bears who want to conveniently short the world's second-largest cryptocurrency now have a new exchange-traded fund (ETF) that does just that....
Most people want to do well financially. Yet judging whether one is making progress depends on what yardstick is used and who serves as the point of comparison. A commonly used metric for measuring financial health is net worth – the sum of one's total assets. Yet while car models or handbag brands may hint...
Buying a home in America has not been this hard in a long time. By some measures, affordability has not been worse since the 1980s, with more than 75% of listed homes now too expensive for middle-class buyers. The barriers to entry are rising high, yet many people still place a premium on property. Surveys...
‘Cash is king,' and America's millionaires are bowing down before its throne. Research by the Capgemini Research Institute reveals America's millionaires are stocking up on Benjamins. At the start of this year, high net worth individuals (HNWIs), meaning those worth a million or more, held over a third of their assets (34%) in cold hard...
Given the quirks of the post-pandemic economy, identifying 2023's prevailing market narrative was never going to be easy. Now, as the fourth business quarter begins, more plot twists and turns are unfolding. After a solid start to the year and a surge through summer, the AI-fuelled rally is fizzling, and equities are in retreat. A...
Workers have always wanted a little extra income. 40% of Gen Xers, half of millennials, and 53% of Gen Zers are doubling down on side hustles. Side hustles are becoming the go-to fiscal fix as economic uncertainty continues in post-pandemic America. The trend is rising, especially among underpaid professions, such as nursing, which has been in...
They call it “Coffee badging”: home-loving hybrid workers' little hack to dodge “Return-to-Work” mandates. Employees go to the office, grab a coffee, swipe their badge, perhaps have a quick chat with coworkers, and then leave, ticking the box for showing up without actually doing much work. A new workplace trend is brewing, and it might...
Those with access to automatic employer-based savings vehicles, on average, pay in 7.4% of their total annual salaries, while workers without such programs contributed a mere 0.9%. The difference is hundreds of thousands of dollars and could send a huge chunk of retirees back to work during their golden years. Inequality is raising its ugly...
2023 has become a perplexing time for investors. Markets caught a case of the summertime blues entering August, historically a slow time for stocks. The broad-based S&P 500 index dropped 4% since the start of the month, partially erasing gains made through the recent June and July bull runs. Investment bank Morgan Stanley is now advising...
Investors edging to take one more swing at a large-cap out public debut before the year closes have a new deal to aim at. Hamilton Insurance Group Ltd. is seeking to raise up to $270 million in an initial public offering (IPO) in what could be one of this year's last major listings. On Wednesday, November 1, Hamilton...
Investors seeking more exposure to the growing specialty insurance sector have a new initial public offering (IPO) to add to the watchlist. Jacksonville-based specialty insurer Fortegra registered an S-1 with the Securities and Exchange Commission (SEC) on Wednesday, November 8. It aims to list on the New York Stock Exchange (NYSE) under the ticker “FTG.”...
Investors keen on more exposure to moderate-sized companies have two new exchange-traded funds (ETFs) to consider. On November 7, Avantis Investors launched two new active exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE) – The Avantis U.S. Mid Cap Equity ETF (“AVMC”) and The Avantis U.S. Mid Cap Value ETF (“AVMV”). The former,...
On November 8, Janus Henderson Investors launched the Janus Henderson Securitized Income ETF on the New York Stock Exchange (NYSE) under the ticker symbol JSI. Investors looking to diversify their fixed-income portfolio in a new direction have a unique niche exchange-traded fund (ETF) to consider. With interest rates at record highs, now may be an...
Investors who have a taste for both monthly income and emerging markets have a new, unique, covered call exchange-traded fund (ETF) to size up. On November 7, Global X ETFs launched The Global X MSCI Emerging Markets Covered Call ETF on the New York Stock Exchange under the ticker “EMCC.” This active invests in the...
Investors seeking exposure to the safety standards industry have a new initial public offering (IPO) to size up. On Monday, November 13, UL Solutions Inc. filed an S-1 form with the Securities and Exchange Commission (SEC) to list on the New York Stock Exchange (NYSE) under the ticker “ULS.” The firm has not disclosed terms...
Investors seeking a mathematical edge on market averages have a new exchange-traded fund (ETF) to add to their watchlist. On November 14, Simplify Asset Management released its new ETF, the Simplify U.S. Equity PLUS QIS ETF, on the New York Stock Exchange (NYSE) under the ticker “SPQ”. The fund overlays a diversified basket of quantitative...
America’s technological lead on its geopolitical opponents is wearing thin. Investors who want to ensure the free world stays ahead in the race for technological supremacy have a special custom-made exchange traded fund (ETF) to consider. On November 7, DWS launched a the Xtrackers US National Critical Technologies ETF on the New York Stock Exchange,...
Samsung may appear seemingly everywhere – on phones, refrigerators, televisions and other devices. Yet, for most investors, the tech brand is unlikely to appear in fund titles of their portfolio. That is, until now. Investors seeking more income ETFs focused on overnight lending rates have a new fund to consider. On November 15, Samsung Asset...
Investors to weed out national security threats from their portfolio while retaining exposure to emerging markets have a new purpose-built exchange-traded fund (ETF) to consider. On December 7th, 2023 – the 82nd anniversary of Pearl Harbor – The National Security Emerging Markets Index ETF launched on the Nasdaq under the ricker “NSI.” The fund is...
A new financial services deal is coming quietly down the initial public offering (IPO) pipeline. Apex Fintech Solutions, a provider of custody and clearing services, has confidentially filed with the Securities and Exchange Commission for a public launch. Apex did not reveal the number of shares it wants to sell or the proposed price range. This is...
Investors who remain bullish on small-cap stocks have a new active exchange-traded fund (ETF) to add to their watchlist. On December 11, Infrastructure Capital Advisors launched on the New York Stock Exchange Arca under the ticker “SCAP.” The fund will select U.S. small-cap value stocks. It aims to deliver both income and growth potential through...
Investors seeking deeper exposure to the financial services industry have a new initial public offering coming across the Atlantic. Marex, a UK-based commodities broker and clearer, has confidentially filed with the U.S. Securities and Exchange Commission to go public in New York. Founded in 2005, Marex claims its platform offers “essential liquidity, market access, and...
As 2023 comes to an end, it is an ideal time to take stock of how finances have held up over the year. Markets have roared back after 2022's retreat, with the S&P 500 up a stunning almost 20 percent year-to-date. The U.S. economy is also ticking along strongly, growing a massive 5 percent annually...
Americans are feeling queasy about house buying. Property has enjoyed a special place in the culture, long described as the “gateway to the middle class,” a “pillar of the American dream,” and other similarly grand epithets. Yet a potent cocktail of market factors, from shrinking inventory, skyrocketing prices, and persistently high interest rates, is making...
Investors seeking more exposure to mega caps through an exchange-traded fund (ETF) have a new product to weigh up. On Thursday, December 7, CastleArk, a Chicago-based fund manager, launched its maiden ETF, the CastleArk Large Growth ETF, on the NYSE Arca under the ticker “CARK.” CARK targets 25-30 of the largest and most successful growth...
Calling all investors seeking exposure to the offshore support vessel sector – a new deal is set to sail. On Thursday, December 7, Hornbeck Offshore Services filed documentation for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). It plans to list on the New York Stock Exchange under the ticker “HOS.”...
Investors seeking exposure to a finance-focused special purpose acquisition company (SPAC) have a new deal to size up. On Wednesday, December 6, blank check company Blue Room Acquisition filed an S1-Form with the Securities and Exchange Commission (the firm earlier filed confidentially in September). It plans to list on the Nasdaq under the unusually elongated ticker...
Gloomy clouds may still hang thick over the initial public offering (IPO) market, but some companies are still wading into the listing abyss. Investors seeking a new biopharma play have a new deal to size up. On November 20, Carmot Therapeutics filed its paperwork with the Securities and Exchange Commission (SEC) for its debut in...
Workers with a retirement account with Fidelity – the largest 401(k) provider nationally – have a new set of exchange-traded funds (ETFs) to invest through. The asset manager is aggressively expanding its ETF ranks, converting half a dozen of its mutual funds to ETFs. The new active ETF products include the Fidelity Enhanced Large Cap Core...
Investors looking for exposure to more consumer retailers after Birkenstock have another brand prepping to walk down the runway. Chinese fast fashion retailer Shein is reportedly planning an initial public offering (IPO) in 2024. The company has filed confidentially for its deal, two people familiar with the matter told CNBC. Shein is likely to be...
