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Etf Preview: Broad Market Etfs Mixed As Investors Await Yellen Testimony - Nasdaq.com

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Source: http://www.nasdaq.com/article/etf-preview-broad-market-etfs-mixed-as-investors-await-yellen-testimony-cm447191

ETF Preview: ETFs, Futures Lower Ahead of Existing Homes Sales Data; Investors Await Yellen Testimony - NASDAQ.com

Energy Dow Jones U.S. Energy Fund (IYE) was flat while Energy Select Sector SPDR (XLE) was down 1.3%. Ballard Power Systems (BLDP) was up 15.35% after the provider of clean-energy products said it has signed two new fuel-cell technology contracts, one with Ardica Technologies and one with an unnamed global automotive original equipment manufacturer. Under each contract, Ballard will provide expertise in proton exchange membrane fuel-cell technology to advance customer programs through development stages, the company said. Commodities Crude was down 3.23%.
Source: http://www.nasdaq.com/article/etf-preview-etfs-futures-lower-ahead-of-existing-homes-sales-data-investors-await-yellen-testimony-cm446965

GREK ETF in Focus on Bailout Extension - ETF News And Commentary - NASDAQ.com

Lydon highlighted the Deutsche X-Trackers MSCI Europe Hedged Equity ETF ( DBEU ) and the WisdomTree Europe Hedged Equity Fund (NYSEArca: HEDJ) as ways for investors to play the strong dollar while profiting from resurgent European equities. HEDJ and DBEU are two of this years top asset gathering ETFs. DBEU has nearly doubled in size this year while HEDJ is close to becoming the largest U.S.-listed Europe ETF. Watch the video below to see the full interview.
Source: http://finance.yahoo.com/news/lydon-talks-currency-hedged-europe-215447719.html

Lydon Talks Currency Hedged Europe ETFs on CNBC - Yahoo Finance

A few days back, the ECB had announced that it would no longer accept Greek see page government debt as collateral for regular central bank loans, cutting off access to a key source of funding for Greek banks (read: Greek ETF Faces Volatility on ECB Move ). However, dark clouds will still be hovering around Athens as the current extension is just for four months, and Greece would still have to negotiate a rescue deal for almost 7 billion in bond repayments to the ECB in July and August. Though the four-month extension is less than the six-month extension request by Athens, it nonetheless avoids the market turmoil had the bailout expired at the end of this week. The deal provides some relief to Greece's deteriorating finances and should temporarily halt the mounting capital flight from its banks.
Source: http://www.nasdaq.com/article/grek-etf-in-focus-on-bailout-extension-etf-news-and-commentary-cm447997

Hedge Funds Get Quick Fix in Credit With Hutchin Hill Buying ETF - Yahoo Finance

Take the oldest bond ETF, BlackRock Inc.s $21.7 billion investment-grade fund: Hutchin Hill Capital, a $3.2 billion manager, bought $431.4 million worth of shares in the last three months of the year. The position, more than 10 percent of Hutchin Hills assets, made the hedge-fund firm the ETFs biggest buyer in the period, according to data compiled by Bloomberg based on regulatory filings. More from Bloomberg.com: Most Chinese Stocks Decline After Holiday; Macau Casinos Plunge State Street Corp.s $4.1 billion short-term junk-bond ETF shows a similar picture, with Pine River Capital Management buying $196.8 million worth of shares. Why are hedge funds putting so much of their assets into ETFs?
Source: http://finance.yahoo.com/news/hedge-funds-quick-fix-credit-162539740.html

The Vanguard Energy ETF (VDE) Is Much Cheaper than Peers - Yahoo Finance

With respect to ETFs, price tracking error is the difference in the most recent year one-year return between the ETF, and the target benchmark index is known as the benchmark tracking error. For a passive ETF, the tracking error should be low, ideally zero before fees, since the investor expects the ETF to return exactly what the index returns. For an active ETF, the tracking error should be a positive spread to show that the manager was able to generate value above the index returns. Tracking error can vary depending on the complexity and liquidity of the underlying index. For ETFs tracking very liquid indices, its usually below 0.5%.Inthe case of MLPs, it can go beyond 4%. Other non-equity ETFs (likefixed income, real estate, or commodities) also tend to have relatively high tracking errors. The Vanguard Energy ETF (VDE) performs well with respect to both the price tracking error and the NAV tracking error.
Source: http://finance.yahoo.com/news/vanguard-energy-etf-vde-much-170543280.html

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