Flows into AI funds wane as US rate worries weigh

Flows into AI funds wane as US rate worries weigh

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 2 (Reuters) – Inflows into exchange-traded funds (ETFs) tracking artificial intelligence (AI) companies have ebbed after their sharp run-up earlier this year, as investors fear persistently high U.S. interest rates will hurt…

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Benjamin F. Edwards & Company Inc. Shows Impressive Growth in First Trust Cloud Computing ETF Stake

Benjamin F. Edwards & Company Inc. Shows Impressive Growth in First Trust Cloud Computing ETF Stake

On July 15, 2023, Benjamin F. Edwards & Company Inc. has shown remarkable growth in its stake of shares within the First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report). According to the latest Form 13F filing submitted to the Securities and Exchange Commission (SEC), the company expanded its ownership by an impressive 10.6% during…

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Pay Attention To Very Positive Positioning, Critical Metals And Cloud Computing Restrictions – VanEck Semiconductor ETF (NASDAQ:SMH)

Pay Attention To Very Positive Positioning, Critical Metals And Cloud Computing Restrictions – VanEck Semiconductor ETF (NASDAQ:SMH)

To gain an edge, this is what you need to know today. Very Positive Positioning Please click here for a chart of semiconductor VanEck Semiconductor ETF SMH. Note the following: The chart is a weekly chart to give you a longer term perspective. Semiconductors are the leading sector as we have previously written.  Semiconductors have…

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