This Week in ETF Reports
Two Invesco Model Changes: GUGGSO & POWERSMALL
There are changes to two Invesco models this week. First, the Invesco Small Cap Sector Model POWERSMALL sold the Invesco S&P Smallcap Healthcare ETF PSCH and added the Invesco S&P Smallcap Consumer Discretionary ETF PSCD. PSCH was removed because its rank in the model’s relative strength... (Read more)
New Highs for the iShares Russell 1000 Growth ETF IWF
There are no changes to any of the iShares models this week. The iShares Russell 1000 Growth ETF IWF gave an eighth consecutive buy signal on its default chart last week when it completed a bullish catapult at $210, marking a new all-time high for the fund. Large cap growth continues to lead the DALI domestic equity size and style rankings as it has for the majority of the year... (Read more)
ETF Spotlight: VictoryShares US 500 Enhanced Volatility Wtd WTF CFO
Whether evoking alarm, happiness, or confusion, broad large-cap equity indices are within single digits of new all-time highs; a topic further articulated in last week’s (8/13) Prospecting: Peak to (almost) Peak section. In fact, although summer months are historically associated with lackluster returns in the investment world, 2020 is on track to override its Summertime Blues as the S&P 500 SPX, Dow Jones Industrial Average DJIA, and Nasdaq Composite NASD have currently posted gains of 14.43%, 13.81%, and ... (Read more)
