Oil Fund Adds Another Fifth Of Its Value In A Week - Small-Cap ETF Winners And Losers: Flows
Portfolio Pulse from Johnny Rice
A screening of small-cap ETFs revealed the largest positive and negative returns of the week. Innovator U.S. Equity Buffer ETF - October (POCT) and The United States Oil Fund LP (USO) saw increases in net assets, while Invesco KBW Bank ETF (KBWB) and JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) experienced losses. The KBWB fund's largest holdings are JPMorgan Chase & Co. (JPM) and Wells Fargo & Company (WFC).
October 10, 2023 | 8:59 pm
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POSITIVE IMPACT
POCT added $116.81 million in net assets over the trailing week, despite losing $137.72 million in AUM YTD.
The increase in net assets over the week indicates a positive short-term trend for POCT, despite its YTD losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
USO is up $106.91 in AUM over the trailing week, despite being down $605.66 million in AUM YTD.
The increase in AUM over the week indicates a positive short-term trend for USO, despite its YTD losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
JPM is one of the largest holdings of KBWB, which lost $145.38 million in net assets over the trailing week.
As one of the largest holdings of KBWB, JPM's stock price may be negatively impacted by the fund's loss in net assets.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
JPMB lost $130.83 million in AUM on the week, despite gaining $460.38 million in AUM YTD.
The loss in AUM over the week indicates a negative short-term trend for JPMB, despite its YTD gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
KBWB lost $145.38 million in net assets over the trailing week, despite gaining $274.68 million in net assets YTD.
The loss in net assets over the week indicates a negative short-term trend for KBWB, despite its YTD gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
WFC is one of the largest holdings of KBWB, which lost $145.38 million in net assets over the trailing week.
As one of the largest holdings of KBWB, WFC's stock price may be negatively impacted by the fund's loss in net assets.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50