VanEck Vectors Uranium+Nuclear Engy ETF (NLR) Rises 0.7% for Apr 6

The fund’s top holdings are: Dominion Energy Inc for 8.11% of assets, Duke Energy Corp for 8.06%, Exelon Corp for 7.26%, Public Service Enterprise …

Apr 6 is a positive day so far for VanEck Vectors Uranium+Nuclear Engy ETF (NYSEARCA:NLR) as the ETF is active during the day after gaining 0.7% to hit $51.78 per share. The exchange traded fund has 26.78M net assets and 0.69% volatility this month.

Over the course of the day 527 shares traded hands, as compared to an average volume of 3,270 over the last 30 days for VanEck Vectors Uranium+Nuclear Engy ETF (NYSEARCA:NLR).

The ETF is -4.13% of its 52-Week High and 10.43% of its low, and is currently having ATR of 0.43. This year’s performance is 4.17% while this quarter’s performance is -1.66%.

The ETF’s YTD performance is 4.5%, the 1 year is 10.75% and the 3 year is 6.2%.

The ETF’s average P/E ratio is 13.42, the price to book is 1.07, the price to sales is 0.85 and the price to cashflow is 4.43. It was started on 8/15/2007. The fund’s top holdings are: Dominion Energy Inc for 8.11% of assets, Duke Energy Corp for 8.06%, Exelon Corp for 7.26%, Public Service Enterprise Group Inc for 6.54%, Entergy Corp for 6.24%, Kansai Electric Power Co Inc for 5.49%, Tokyo Electric Power Co Holdings for 4.68%, Fortum Oyj for 4.67%, Endesa SA for 4.65%, Pinnacle West Capital Corp for 4.65%. The ETF sector weights are: Basic Materials 5.77%, CONSUMER_CYCLICAL 0.00%, Financial Services 0.00%, Realestate 0.00%, Consumer Defensive 0.00%, Healthcare 0.00%, Utilities 91.10%, Communication Services 0.00%, Energy 0.00%, Industrials 3.13%, Technology 0.00%. The ETF currently as 3.89% yield.

More notable recent VanEck Vectors Uranium+Nuclear Energy ETF (NYSEARCA:NLR) news were published by: Seekingalpha.com which released: “Trump Could Fuel A Nuclear Energy Boom In 2017 – Seeking Alpha” on December 07, 2016, also Seekingalpha.com with their article: “URA – Add Some ‘Bang’ To Your Portfolio – Seeking Alpha” published on April 30, 2018, Seekingalpha.com published: “Global X Uranium ETF – No Longer Pure. But Now Better? – Seeking Alpha” on December 31, 2018. More interesting news about VanEck Vectors Uranium+Nuclear Energy ETF (NYSEARCA:NLR) were released by: Marketwatch.com and their article: “Charah Solutions IPO: 5 things to know about a company serving coal and nuclear energy – MarketWatch” published on June 14, 2018 as well as Seekingalpha.com‘s news article titled: “2 Uranium ETFs To Play A Nuclear Energy Turnaround – Seeking Alpha” with publication date: November 29, 2012.

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Today Apr 6 VanEck Vectors Intl Hi Yld Bd ETF (IHY) Rises 0.17%

… Branch) 3.88% for 0.67%, Petrobras Global Finance B.V. 6% for 0.62%, Softbank Group Corp 6% for 0.59%, Softbank Group Corp 6.25% for 0.57%, …

Today, on Apr 6, VanEck Vectors Intl Hi Yld Bd ETF (NYSEARCA:IHY) looks positive with 0.17% gain so far, reaching $24.48 per share. With net assets of 112.56 million and 0.35% volatility for this month.

During the day 6,273 shares traded hands, in comparison to VanEck Vectors Intl Hi Yld Bd ETF’s (NYSEARCA:IHY) average volume of 57,820 for the past month.

Currently the ETF’s ATR is 0.1, that’s -5.45% and 4.52% of its 52-Week High and Low. This year’s performance is 3.82% while the performance of this quarter’s 3.54%.

The ETF have 4.95% YTD perf, 0.17% for 1 year and 5.99% for 3 years.

The following VanEck Vectors International High Yield Bond ETF’s ratios are: PS ratio is 1.69; price to book ratio: 0.48; price to cashflow ratio is 0.47 and avg P/E ratio is 9.66. ALTICE FRANCE S.A 7.38% is the fund’s biggest investment for 0.80% of assets, China Evergrande Group 8.75% for 0.69%, Banco do Brasil S.A. (Grand Cayman Branch) 3.88% for 0.67%, Petrobras Global Finance B.V. 6% for 0.62%, Softbank Group Corp 6% for 0.59%, Softbank Group Corp 6.25% for 0.57%, Altice Luxembourg S.A. 7.75% for 0.56%, Telecom Italia Finance S.A. 7.75% for 0.49%, Altice Financing S.A. 6.62% for 0.46%, Itau Unibanco Holdings S.A. 5.12% for 0.46%. ETF’s sector weights are: Basic Materials 0.00%, CONSUMER_CYCLICAL 0.00%, Financial Services 100.00%, Realestate 0.00%, Consumer Defensive 0.00%, Healthcare 0.00%, Utilities 0.00%, Communication Services 0.00%, Energy 0.00%, Industrials 0.00%, Technology 0.00%. Also has 4.53% yield.

For more VanEck Vectors International High Yield Bond ETF (NYSEARCA:IHY) news announced briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “VanEck Vectors declare monthly distribution – Seeking Alpha” announced on April 01, 2019, “Foreign High Yield Bonds Led Last Week’s Mixed Market Results – Seeking Alpha” on March 04, 2019, “All The Major Asset Classes Took A Hit Last Week – Seeking Alpha” with a publish date: February 05, 2018, “U.S. Stocks Post The Only 1-Year Gain For The Major Asset Classes – Seeking Alpha” and the last “VanEck Vectors declares monthly distributions – Seeking Alpha” with publication date: March 01, 2017.

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Regulatory Series on Cryptocurrencies: US SEC defers another BTC ETF application to May

Of late, the cryptocurrency exchange-traded funds (ETFs) are branded as the trump card by many aspirants of the crypto-avenue who carry a great …

ETFs are nothing but securities that monitors a class of securities or assets proportionately represented in the fund’s shares. Aspirant traders/investors perceive them as a budding movement among cryptocurrency gamut.

Of late, the cryptocurrency exchange-traded funds (ETFs) are branded as the trump card by many aspirants of the crypto-avenue who carry a great deal of optimism that exchange-traded funds likely to stimulate cryptocurrencies with more authenticity in retail and institutional investors’ perspectives while providing them with timely accessibility to those who already have a brokerage account.

However, the entire cryptocurrency industry has seen in a struggle ever since the U.S. SEC (Securities and Exchange Commission) declined the Winklevoss twins’ attempts of launching a bitcoin ETFs.

We witnessed an initial registration statement on Form S-1 with the SEC by Bitwise, which is a cryptocurrency asset management firm, that has recently filed another application for Bitcoin ETF with the United States Securities and Exchange Commission (SEC). The previously filed BTC ETF application has already been rejected by the SEC in 2018.

Well, Bitwise announced through twitter about this filing that is intended for a physically-backed Bitcoin ETF listed on the NYSE Arca and the intended BTC ETF likely to monitor the Bitcoin Index.

For now, the US SEC has again deferred their decision on the approval of Bitwise’s Bitcoin ETF application, the regulator is due to its review whether this application fulfills the pre-requisites and ensures safeguards investors’ interests.

In yet another case, VanEck, SolidX, and CBoE a joint application were also postponed to May which the community reckons for the positive news from the US regulator beaming up with optimism.

The U.S. SEC said in a statement: “The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change.”

Currency Strength Index: FxWirePro’s hourly BTC spot index is inching towards 134 levels (which is bullish), while hourly USD spot index was at 9 (neutral) while articulating (at 07:41 GMT). These indices are also conducive for the above short set-up.

For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex

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SEC Drops the Bomb: Approves Bitcoin ETFs, Markets Skyrocket

Early next month, Bitcoin ETFs will be launched by Bitwise Asset … chaos,” said Violet Baudelaire, professor of Economics and Public Policy at MIT, …

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  • SEC Drops the Bomb: Approves Bitcoin ETFs, Markets Skyrocket
  • VanEck and Bitwise will be launching Bitcoin ETFs early next month following an emergency meeting the SEC held Saturday.

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    SEC Extends Deadline on Bitcoin ETF Proposals by 45 More Days

    Prior to that, it turned down a proposal from cryptocurrency exchange Gemini, which was spearheaded by Cameron and Tyler Winklevoss. However …

    The United States Securities and Exchange Commission (SEC) has made it abundantly clear that investors waiting for a Bitcoin exchange traded fund (ETF) will have to hold their breath for a while longer.

    In an official release dated March 29, the agency said that it would exercise its right to take 45 more days to evaluate the ETF proposal submitted by Bitwise Asset Management in partnership with NYSE Arca.

    A few hours later, the agency also announced that it would also be delaying its decision on the VanEck/SolidX Bitcoin ETF proposal — with the new decision deadline now set for May 21, 2019. The SEC was formerly expected to arrive at a decision by April 6.

    Securities and Exchange Commission (SEC)

    A Long List of Bitcoin ETF Rejections

    Even though many cryptocurrency and institutional investors have been clamoring for a Bitcoin ETFs for the past year or so, the SEC has denied proposals from various organizations in the financial industry.

    The agency’s primary argument stems from the fact that the cryptocurrency market is still susceptible to fraud and manipulation. Furthermore, since exchange operators often cannot guarantee investor and consumer safety when it comes to decentralized currencies, investing in a Bitcoin ETF cannot be considered to be as safe as other regulated securities.

    VanEck and Cboe’s ETF applications have been making the rounds of the SEC since early 2018. The two companies submitted an updated proposal while taking past feedback into account, essentially having to start from scratch. However, given that the SEC has prolonged all of its decisions related to Bitcoin ETF rule changes, only to reject them later, the recent extension does not bode well.

    SEC

    Mixed Signals on Bitcoin ETFs

    In August 2018, the SEC rejected nine different SEC proposals from ProShares, GraniteShares, and Direxion. Prior to that, it turned down a proposal from cryptocurrency exchange Gemini, which was spearheaded by Cameron and Tyler Winklevoss. However, inviting future applications, decision-makers said that the disapproval had no bearing on the value of Bitcoin (BTC) and blockchain as an innovation or investment.

    Not all individuals within the agency have been overwhelmingly skeptical of Bitcoin ETFs. SEC commissioner Hester Peirce released a dissenting open letter after the first round of rejections in July 2018. She argued that the proposals were in accordance with the requirements of the Exchange Act and rejecting them would inhibit institutional investment in Bitcoin, dampen innovation, and reduce competition in the space.

    Apparently, bitcoin is not ripe enough, respectable enough, or regulated enough to be worthy of our markets. I dissent: https://t.co/gH5zXaKtmj

    — Hester Peirce (@HesterPeirce) July 26, 2018

    However, as the singular voice of reason, Peirce was unable to sway the agency’s vote towards approving a Bitcoin ETF.

    Do you think the SEC will reject the VanEck and Bitwise proposals again? Let us know your thoughts in the comments below!


    Images courtesy of Shutterstock, Twitter.

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