ETFs

Moves and news at Stifel, Avantax, Cetera, D.A. Davidson, John Hancock Retirement and other quick takes from the week in financial advice.

Investors are pouring money into U.S. listed products as stocks continue to reach all-time highs and the economic recovery heats up.

Clients poured about $1.25 billion into the fund in its first day of trading.

The changes mark a new phase in the tug-of-war between the structures.

The moves come just one day after BlackRock announced reductions on $7.6 billion of its style funds.

Several proposals have so far failed to pass the SEC's muster.

More fund managers are entering the exchange-traded sector. Investors are following.

The firm has been locked in a contest with runner-up Vanguard for flows, with the latter winning last year for the first time since 2013.

Over the past year, the lineup of stock and bond funds notched an average gain of more than 25%.

ARKK, along with other funds in her lineup, is in the green after logging its longest stretch of losses since the COVID 19-spurred meltdown last year.