Seventy 'sustainable' funds held SVB stock, given the bank's funding of innovative climate technology, according to the research firm.
The $1.7 billion Invesco KBW Bank ETF (KBWB) posted an outflow of $245 million in the latest data, the largest exit in a year.
A total of 25 new ETFs made their market debuts during the month of February 2023.
Since the Hypatia Women CEO ETF (WCEO) was introduced nearly two months ago, its 4.8% surge has bested the S&P 500 Index’s 2.4% climb in the same period.
The style of investing has become a divisive political topic in the US as Republican lawmakers ride the growing anti-ESG wave.
Some of the judges pushed the SEC to explain why Grayscale is wrong to argue the risks of fraud and manipulation in the spot Bitcoin and Bitcoin futures markets are the same because they both rely on the same underlying pricing.
Passive funds and ETFs won’t completely supplant active managers, but their market share will continue to rise.
Grayscale filed plans with the SEC in October 2021 to convert GBTC, the world’s biggest Bitcoin investment vehicle, into an exchange-traded fund.
A pair of new products is launching Thursday that will help US investors bet either on or against the stock picks of the host of CNBC’s Mad Money show.
These funds took in the most money over the past 30 days.