It’s one of the most polarizing strategies there is, yet betting on value stocks is back in vogue for investors in exchange-traded funds.
More than $3 billion poured into ETFs that focus on undervalued companies in October, the most this year, data compiled by Bloomberg Intelligence show. The Vanguard Value ETF was the biggest beneficiary, adding close to a third of that amount. The fund rose 1% at 2:18 p.m. in New York Friday. Just this week, the SPDR S&P 400 Mid Cap Value ETF saw its largest inflow since December….
DISCLOSURES: The opinions expressed in this interview are those of Steve Cucchiaro of 3EDGE Asset Management (“3EDGE”) and are subject to change without notice. Mr. Cucchiaro’s opinions are not intended to provide personal investment advice and do not take into account the unique investment objectives and financial situation of the viewer. Investors should only seek investment advice from their individual financial adviser. Mr. Cucchiaro’s observations include information from sources 3EDGE believes to be reliable, but the accuracy of such information cannot be guaranteed. Investments including common stocks, fixed income, commodities and ETFs involve the risk of loss that investors should be prepared to bear. Past performance may not be indicative of future results.