Resolute Investment Managers, which acquired a minority investment in Ark Investment Management in 2016, is attempting to purchase a controlling stake in the firm.
“A rotation away from tech, particularly if that’s combined with the traditional energy sector coming back into favor, could spell doom for ESG ETF performance.”
These funds saw the most money flow into them over the past 30 days.
SPY has suffered net outflows of $2.84 billion in the past year.
Hercules Investments' James McDonald explains the different risk-related techniques advisors can use to keep clients comfortable with their portfolios.
CFTC data does show that traders moved into a net short position on Nasdaq 100 e-mini futures last week, but it was modest in size.