|Bid||23.46 x 1800|
|Ask||31.39 x 900|
|Day's Range||29.85 - 30.66|
|52 Week Range||22.05 - 37.15|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.93|
|Expense Ratio (net)||0.75%|
Most corners of ETF investing have performed exceptionally well while a few areas are lagging. Below, we have highlighted the best and worst zones of the first half and their ETFs.
The shutdown at Philadelphia Energy Solutions could increase US oil inventories in the coming weeks. But at the same time, gasoline inventories might decline. The Philadelphia Energy Solutions refinery has a refining capacity of 335,000 barrels per day. On June 26, the United States Gasoline Fund (UGA), which follows gasoline prices, rose 4%.
Gasoline futures and related exchange traded fund climbed Friday after a large explosion and a fire broke out at a Philadelphia refinery, disrupting the steady supply in the traditional summertime driving season. The United States Gasoline Fund (UGA) surged 3.1% Friday, breaking above its long-term trend at the 200-day simple moving average, as RBOB gasoline futures increased 4.2% to $1.8619 per gallon. The explosion helped maintain the momentum in energy prices amid rising tensions in the middle east as the U.S. stands off against Iran.
On the heels of another robust trading day -- bringing the S&P 500 index to all-time highs, as well as striking distance of 3000 points -- we're seeing a slight pullback this morning in the pre-markets.
As a way to hedge against heightened volatility in the equities market, more investors are looking at alternative investment strategies like commodities and related ETFs to diversify a portfolio.
As a way to hedge against heightened volatility in the equities market, more investors are looking at alternative investment strategies like commodities and related ETFs to diversify a portfolio. “I don’t ...
December retail sales were lackluster. But several underperforming areas have long-term potential and investors can tap those with ETFs.
Cryptocurrency IPOs Getting Nervous Could the latest round of crypto-volatility be tied to potential IPOs fighting to levitate the market in the face of falling speculative interest? Could be. Bitcoin Cash (BCH-USD) for one is up 26% on the day, blowing past Bitcoin (BTC-USD). Bitcoin Cash happens to be one of the main coins that […] The post Market Morning: Bitcoin Nerves, Dollar Surges, Amazon Go’s, Gas Prices Woes appeared first on Market Exclusive.
The Zacks Analyst Blog Highlights: United States Gasoline, Invesco Dynamic Building & Construction, Materials Select Sector SPDR Fund and AdvisorShares VICE
While most of the sectors took a beating from the hurricane, industries like building supplies, home improvement, car rentals and gasoline benefit in the aftermath of hurricane.
The EIA (U.S. Energy Information Administration) estimates that the US gasoline demand increased 1.4% to 9.8 MMbpd (million barrels per day) on July 13–20. The demand also increased 0.3% from a year ago.
While we welcome healthy renegotiations of antiquated, and probably inefficient, global trade deals with key partners (such as NAFTA), we think diplomacy must precede presidential threats. We see President Donald Trump's hard line posture as a double-edged sword for the health of the U.