category
category

The ETF Report

An exchange-traded fund (ETF) is a type of pooled investment security that operates much like a mutual fund. Typically, ETFs will track a particular index, sector, commodity, or other asset, but unlike mutual funds, ETFs can be purchased or sold on a stock exchange the same way that a regular stock can. An ETF can be structured to track anything from the price of an individual commodity to a large and diverse collection of securities. ETFs can even be structured to track specific investment strategies.

Record Car Sales Help Auto ETF Rev Up

Automobile stocks and sector-related exchange traded fund shifted into high gear Wednesday as automakers revealed record U.S. sales in December that helped conclude the seventh-straight year of sales growth. The First Trust NASDAQ Global Auto Index Fund (NasdaqGM: CARZ), which provides access to global automobile manufacturers, gained 2.3% Wednesday. Auto stocks jumped after General Motors…

Record Car Sales Help Auto ETF Rev Up

Automobile stocks and sector-related exchange traded fund shifted into high gear Wednesday as automakers revealed record U.S. sales in December that helped conclude the seventh-straight year of sales growth. The First Trust NASDAQ Global Auto Index Fund (NasdaqGM: CARZ), which provides access to global automobile manufacturers, gained 2.3% Wednesday. Auto stocks jumped after General Motors…