June Quarterly Reconstitution: JETS, GOAU and SEA

Our ETF indices are rebalanced and reconstituted quarterly. At the close on June 14, 2024, the indices for the JETS ETF, GOAU ETF and SEA ETF underwent reconstitution changes to their multi-factor, rules-based models. Below are the details of the stocks that came in and out of each ETF Index. Meet the Stocks Joining the … Continued

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Airlines to See $30 Billion Profit on Record Passenger Numbers: IATA

Last week, the International Air Transport Association (IATA) significantly upgraded its profitability projections for airlines in 2024. The trade group now expects net profits to reach $30.5 billion, an increase from $27.4 billion in 2023. This surge in profitability is accompanied by record-high traveler numbers and revenues. A fresh record number of passengers is expected … Continued

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Emerging Economies Drive Growth in Global Shipping and Trade

Transportation costs for the shipping industry have surged to a 15-month high as commercial vessels continue to take the lengthier but safer route around the Cape of Good Hope, bypassing the Houthi-controlled waters of the Red Sea. The detour, though necessary for the time being, has broad implications beyond increased operational costs. Automobile factories have … Continued

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