Tag Archive : ETF

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For investors seeking momentum, ARK Next Generation Internet ETF ARKW is probably a suitable pick. The fund just hit a 52-week high and is up 191.3% from its 52-week low price of $40.50/share.

Let’s take a look at the fund and its near-term outlook to gain an insight into where it might be headed:

ARKW in Focus

Companies within the fund are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, Internet-based products and services, new payment methods, big data, the Internet of things, and social distribution and media. It has AUM of $2.43 billion and charges an expense ratio of 76 basis points.

Why the Move?

Due to the coronavirus outbreak, consumers are opting for online retailers to

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WBI celebrates 6 years since record-breaking ETF launch

WBI will ring The Closing Bell® at the New York Stock Exchange (NYSE) on Thursday, October 8, 2020. The virtual ceremony commemorates the firm’s initial launch into the ETF space in 2014.

“We are excited to be part of The Closing Bell® virtual ceremony. Six years ago, WBI had the largest single day ETF launch in history. We are excited to be a small piece of the New York Stock Exchange’s innovative history. This year is an exciting year for active ETFs, our suite of active (transparent) and risk-managed ETFs have helped investors navigate 2020’s volatile markets,” said Don Schreiber, Jr., Founder and Co-CEO of WBI.

In 2014, WBI launched a suite of active transparent ETFs with the firm’s time-tested dynamic trailing stops that seek to reduce loss of capital. The strategies have no mandate to be fully invested and

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