Company Overview and News
For the second week in three, investors were net sellers of fund assets (including those of conventional funds and ETFs), withdrawing $9.6 billion. However, the headline numbers were a little misleading. Fund investors were net redeemers of money market funds, withdrawing $22.3 billion, but were net purchasers of long-term assets, padding the coffers of equity funds (+$9.1 billion), taxable bond funds (+$2.
Selling puts and calls on the iShares MSCI Emerging Markets ETF can produce investment income and solid returns.
iShares Core MSCI Emerging Markets ETF (NYSE:IEMG) has 592 institutional investors and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 561,635,873 shares. Largest shareholders include Bank Of America Corp /de/, BlackRock Inc., Fmr Llc, UBS Group AG, Creative Planning, Bridgewater Associates, LP, Morgan Stanley, Envestnet Asset Management Inc, Wells Fargo & Company/mn, and Board of Trustees of The Leland Stanford Junior University. (194-0)
For the global stock market, 2017 was a banner year, having added $9 trillion in value thanks to booming economic growth in developed countries, strong corporate earnings, and central banks' go-slow approach to ease financial support. Notably, MSCI All-World Index gained nearly 22% last year (read: Top & Flop Zones of 2017 and Their ETFs). Trump’s tax overhaul and a spending spree bolstered the optimism in the world’s largest economy while China, the world’s second-largest economy, is holding up well. (33-1)
If you want to have EM in your portfolio, you could use normal or smart beta ETFs. (2-0)
As markets climbed higher in recent weeks, investor sentiment seems to have turned from doubt to acceptance. Economic growth is above trend in most regions in the world, keeping us aloft, but we don't appear to be soaring too dangerously and in peril of overheating.
The month of October was an eventful one. A host of corporate earnings and the passage of a $4-trillion budget measure by Senate and House drove the market. Especially, upbeat tech earnings and higher chances of tax reform were instrumental in pushing Wall Street higher and spreading optimism among investors. (13-0)
iShares Core MSCI Emerging Markets ETF (IEMG - Free Report) may be junior to the ultra-popular iShares MSCI Emerging Markets ETF (EEM - Free Report) , but the relatively newer one has set a record for itself. The fund IEMG has "completed five years" seeing not a single day of outflows. With this, the fund has amassed about $40.2 billion in assets since its debut in October 2012 (read: Emerging Markets Leading This Year: 5 Top-Performing ETFs).
Leuthold Group, Llc has disclosed 204 total holdings in their latest SEC filings. Most recent portfolio value is calculated to be $ 933,355,000 USD. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). Leuthold Group, Llc's top holdings are SPDR Barclays International Treasury Bond ETF (NYSE:BWX) , CurrencyShares Japanese Yen Trust (NYSE:FXY) , iShares International Treasury Bond ETF (NASDAQ:IGOV) , iShares MBS ETF (NYSE:MBB) , and iShares Core MSCI Emerging Markets ETF (NYSE:IEMG) . (19-0)
Our forecast return for defensive U.S. large-cap stocks is nearly at parity with our forecast for cyclical U.S. large-cap equity for the first time since early 2014.
We remain constructive on Emerging Market Equities given the weaker dollar, lower rates, and cheaper valuations. (16-0)
The third quarter was a solid one for global stock markets with upbeat economic data pointing to financial well-being. It was eventful with Brexit negotiations, the central banks signaling the end of cheap money era, solid earnings reports, intensifying tensions between the United States and North Korea, Hurricane Harvey, Trump’s tax reform talks and the victory of German Chancellor Angela Merkel for the fourth term (read: Top & Flop Zones of Q3 and Their ETFs). (7-0)
September has been a traditionally weak month for the stock market. Not this year. Both the Dow and the S&P 500 posted 2% gains during the month, while the Nasdaq tacked on another 1%. Through the first three quarters of 2017, that puts the Dow up by 13.4%, the S&P 500 up by 12.5% and the Nasdaq up by 20.7%. Small-caps and mid-caps have trailed their larger brethren this year, but virtually every asset class and region of the world is up this year. (327-0)
Hopes for Trump’s tax reforms, abating North Korea fears, lower-than-expected damage from Hurricane Irma and record stock market highs rekindled the love for U.S. equity ETFs last week. This is especially true as investors’ poured $1.9 billion into U.S. equity ETFs, representing the biggest inflows in 13 weeks, according to Bank of America Merrill Lynch. Meanwhile, U.S. Treasury funds also enjoyed their biggest inflows in 62 weeks with $2.
In doing some research this past week, I came upon a thread encouraging readers to talk about the worst investment or stock trade they've ever been a part of. It was a fascinating read that reminded me of the one thing that most people don't feel like talking about. And that is that everybody has losing investments. Everybody. Even the pros. I shared my worst trade on that thread and, in the spirit of having a little fun, I figure I'd share the story here as well! (2-0)
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton