|Day's Range||30.05 - 30.13|
|52 Week Range||28.75 - 31.86|
|PE Ratio (TTM)||23.94|
|Expense Ratio (net)||0.27%|
The summer months have historically been among the most actively traded months of the year in the municipal bond market. In each of the last six years, the daily average trading volume in the summer months was higher than the average for the full year. Given the annual peak in called and matured bonds in the summer months, the pickup in trading activity is understandable; it’s driven by reinvestment needs.
DOWNERS GROVE, Ill., March 10, 2017 /PRNewswire/ -- Invesco (IVZ), a leading global provider of exchange-traded funds (ETFs), today announced a change to its product lineup. As part of the firm's commitment to aligning its fund offerings to meet an evolving investment landscape, PowerShares announced it will change the name, underlying index, investment objective and strategy, for one ETF.
This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today's article is by Mike Venuto, co-founder and chief investment officer of New York-based Toroso Investments. November 2016 was a confusing month for most investors. The U.S. equity markets experienced a high-beta rally, which culminated in returns for the S&P 500 of more than 3.5%.