20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
We performed a screening of mid-cap ETFs - defined as having Assets Under Management (AUM) between $2 billion and $10 billion - to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered.
Winners
Goldman Sachs Access Treasury 0-1 Year ETF (NYSE:GBIL)
GBIL added $386.54 million in AUM on the week.
The Goldman Sachs Access Treasury 0-1 Year ETF focuses on the most liquid treasury securities maturing in under one year.
GBIL has $5.88 billion in AUM and an expense ratio of 0.12%.
YTD, GBIL has added $1.31 billion in AUM.
SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSE:SPIB)
SPIB added $203.08 million in net assets over the trailing week.
The SPDR Portfolio Intermediate Term Corporate Bond ETF is a low-cost fund that offers exposure to investment-grade corporate bonds with a maturity of between 1 and 10 years.
SPIB has $6.40 billion in AUM and an expense ratio of 0.04%.
SPIB has added $757.38 million in net assets YTD.
Losers
SPDR Bloomberg High Yield Bond ETF (NYSE:JNK)
JNK lost $984.16 million in AUM on the week.
The SPDR Bloomberg High Yield Bond ETF offers exposure to so-called corporate junk bonds. These are middle-rated bonds with a minimum of one year to maturity.
JNK has $7.05 billion in AUM and an expense ratio of 0.4%. The fund has holdings in 32 companies, with the 10 largest comprising 60.30% of the fund.
YTD, JNK has lost $2.04 billion in AUM.
iShares Russell Top 200 Growth ETF (NYSE:IWY)
IWY lost $710.36 million in net assets over the trailing week.
The iShares Russell Top 200 Growth ETF tracks the Russell Top 200 Growth Index, offering exposure to large-cap companies within the growth sector of the U.S. equity market.
JNK has $6.24 billion in AUM and an expense ratio of 0.20%. The fund has holdings in 111 companies, with the 10 largest comprising 58.75% of the fund.
The fund’s largest holdings are Apple Inc (NASDAQ:AAPL) and Microsoft Corporation (NASDAQ:MSFT) making up 14.13% and 12.90% of the fund, respectively.
IWY has added $449.10 million in net assets YTD.
Featured photo by Viktor Forgacs on Unsplash.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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