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AWYX News and Press, ETFMG 2X Daily Travel Tech ETF

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Company Name: ETFMG 2X Daily Travel Tech ETF
Stock Symbol: AWYX
Market: NYSE

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AWYX - ETF Managers Group (ETFMG) Announces Closure of ETF

ETF Managers Group, LLC (ETFMG) announced today that the Board of Trustees of the ETF Managers Trust has decided to close the ETFMG 2x Daily Travel Tech ETF (AWYX) based on an ongoing review of market demand. Effective immediately, AWYX will increase its cash holdings in contemplation of liquidat...

AWYX - Industry Tailwinds Support Travel

Summary We believe a growing middle class, hybrid work arrangements and technological advancements likely will keep the travel industry aloft. Data from the Brookings Institution suggests that, by 2030, the global middle class will have grown to 5 billion, up from 2.2 billion at t...

AWYX - TIFIN and ETFMG announce expanded partnership to promote thematic ETFs to active investors and advisors on Magnifi

TIFIN and ETFMG announce expanded partnership to promote thematic ETFs to active investors and advisors on Magnifi PR Newswire ETFMG will sponsor four additional themes in TIFIN's Magnifi marketplace. This follows existing distribution partnerships between ETFMG, Bre...

AWYX - As Central Banks Tackle Inflation, How Should Multi-Asset Investors Adapt?

Most major economies are dealing with inflation highs not seen in decades. Market expectations of peak policy rates have declined since June, likely reflecting the significant slowdown in activity as well as recent commodity price declines. Tightening financial conditions as well ...

AWYX - Prepare For Summer Travel With These Three Hotel Stocks

At the height of the pandemic, occupancy was less than 15% for luxury hotels and around 40% industrywide. Throughout 2022, the hotel industry will still face pandemic-related challenges and heightened responsibility to ensure the safety of travelers and workers. Grading hotel stoc...

AWYX - The Ripple Effects Of Soaring Energy Prices

European energy markets became very tight and volatile over the course of 2021. Most industrial sectors are energy-intensive and rely more on gas and power for heating and feedstock, where prices have skyrocketed. High-profit margins are a cushion for higher procurement prices. ...

AWYX - Price Hikes In Retail Goods Spur U.S. Inflation - And The Fed Is Watching

The January U.S. CPI report indicated a higher pace of inflation than many observers expected. The price level of the core CPI advanced 0.6% month-over-month, largely driven by price hikes in retail goods. While we believe the CPI report increases the probability of the U.S. Federal R...

AWYX - Delta Wave Hits Hospitality, Autos, Tech And Construction, Boosts Healthcare

Price pressures are most concentrated in those sectors reporting the greatest constraints. Output consequently fell in China as well as a number of other smaller Asia-Pacific economies, and growth slowed in the US and Europe. The constraints on production caused by a lack of input...

AWYX - How Big Data Casts New Light On Reopening Stocks

On Neuberger Berman’s Equity Research team, we are always looking for mispriced stocks or sectors, particularly underperformers that could be due a rebound. U.S. travel and leisure stocks are among the recent underperformers. Since mid-June and the advent of the Delta variant o...

AWYX - To See What 'Normal' Looks Like, Watch Main Street SMBs

Main Street businesses are those that operate a physical storefront up and down the main streets and side streets of cities and towns all over the world. More than 60 percent of the Main Street businesses that also sell online and use third-party aggregators say that their overall sal...

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