The chart below shows the one year price performance of GLD, versus its 200 day moving average: Looking at the chart above, GLD’s low point in its 52 week range is $114.46 per share, with $137.55 as the 52 week high point – that compares with a last trade of $122.90. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Actually, lets not cheat XLF. Thursdays close at $23.20 was the ETFs highest since May 2008. XLF and rival financial services ETFs are not strangers to headline risk, so it can be considered impressive that the fund made a new high on the same day the federal government ordered Bank of America ( BAC ) to pay $16.7 billion related to mortgage bond sales that helped inflate the housing bubble that stoked the global financial crisis. Still, BofA and Citigroup (NYSE: C), XLFs fourth- and fifth-largest holdings, respectively, hit new 52-week highs Thursday. Those stocks combine for over 11% of the ETFs weight.
QEM: A Higher Quality Emerging Market ETF? – ETF News And Commentary – NASDAQ.com
It has amassed $6.4 million since its debut in early June and charges a low fee of 30 bps per annum. Average daily volume comes at under 1,000 shares, suggesting higher cost beyond the expense ratio (read: Three Quality ETF Launches from State Street ). Unlike Market Vector product, QEMM provides higher diversification benefits and is well spread out across various components. Each firm holds less than 3% of assets. Further, the top sector – financials – account for 23.6% of assets while information technology (17.6%), energy (11.2%), telecommunication services (11%) and consumer staples (10.3%) make up for a nice mix, suggesting better sector profile than QEM.
Lufthansa pilots’ union threatens new strikes in dispute over wages, early retirement benefits | Fox Business
The Vereinigung Cockpit union says in a statement it may order pilots to strike “starting immediately” because negotiations have failed to achieve their goals. The union didspn’t specify when this might happen but said it would give advance warning. Lufthansa, Germany’s biggest airline, called the union’s position incomprehensible. A three-day pilots’ strike in April grounded Lufthansa and its Germanwings and Lufthansa Cargo subsidiaries. The pilots want Lufthansa to keep paying a “transition” benefit for those who retire early, while the airline wants to cut those extra payments.
Mid-Day ETF Update: ETFs, Stocks Give Up Gains as Ukraine Tensions Rekindle; Draghi Speech Still Ahead – NASDAQ.com
EPS is seen at $0.12 to $0.13, vs. expectations of $0.13 per share. Energy Dow Jones U.S. Energy Fund (IYE) was down 0.72%; Energy Select Sector SPDR (XLE) was down 0.81%.
AdvisorShares YieldPro ETF (YPRO) Ex-Dividend Date Scheduled for August 25, 2014 – NASDAQ.com
This marks the 5th year that YPRO the same dividend. At the current stock price of $25.04, the dividend yield is %. The previous trading day’s last sale of YPRO web site was $25.04, representing a -3.69% decrease from the 52 week high of $26 and a 1.01% increase over the 52 week low of $24.79. For more information on the declaration, record and payment dates, visit the YPRO Dividend History page.