Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
In recent trading, shares of National Fuel Gas Co. (Symbol: NFG) have crossed above the average analyst 12-month target price of $72.00, changing hands for $73.21/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
In recent trading, shares of Marathon Petroleum Corp. (Symbol: MPC) have crossed above the average analyst 12-month target price of $89.00, changing hands for $90.11/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of Devon Energy Corp. (Symbol: DVN) have crossed above the average analyst 12-month target price of $62.88, changing hands for $63.54/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
In recent trading, shares of Imperial Oil Ltd (Symbol: IMO) have crossed above the average analyst 12-month target price of $51.03, changing hands for $51.63/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
In recent trading, shares of Hilton Worldwide Holdings Inc (Symbol: HLT) have crossed above the average analyst 12-month target price of $155.73, changing hands for $156.57/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: do
In recent trading, shares of Dow Inc (Symbol: DOW) have crossed above the average analyst 12-month target price of $65.77, changing hands for $65.88/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or
Travel and leisure stocks are enduring bumpy rides this year, but there’s mounting evidence to suggest that folks want to travel. That could be a positive for exchange traded funds such as the ALPS Global Travel Beneficiaries ETF (NYSEARCA: JRNY). With a broad-based approach to travel and leisure, JRNY has the ingredients necessary to capitalize [...] Read more at ETFtrends.com.
Stocks and bonds are both feeling the current market pangs of an environment that’s dominated by inflation fears. For the latter asset class, getting international exposure could help ease the pain. As the Federal Reserve looks to offload a number of its assets it purchases during the height of the pandemic, including bond-focused exchange-traded funds [...] Read more at ETFtrends.com.
Just because the economic effects of Covid-19 are easing, it doesn’t mean investors should shun healthcare stocks. In fact, now could be a better time than ever as big tech takes a breather amid inflation fears. Health care has proven to be a stable sector during a market storm. Unless there’s a miracle drug that [...] Read more at ETFtrends.com.
The first quarter of 2022 saw GDP growth in China higher than was expected, coming in at a 4.8% increase compared to an expected 4.4%, but recent COVID-19 lockdowns have begun to dampen performance already, reported the Financial Times. As consumer spending slows — retail sales were down 3.5% overall in March year-over-year — the [...] Read more at ETFtrends.com.
The ETF industry has grown tremendously by packing plain indexes like the S&P 500 to investors, along with narrower slices of the market. Currently, the market is seeking to expand by offering narrower bets on individual stocks. On this week’s ETF Edge, CNBC host, Bob Pisani, speaks with Dave Mazza, head of product at Direxion, [...] Read more at ETFtrends.com.
Defensive sector-related exchange traded funds are holding up much better in these uncertain times. Year-to-date, the Utilities Select Sector SPDR Fund (NYSEArca: XLU) has increased 6.5%, the Consumer Staples Select Sector SPDR Fund (NYSEArca: XLP) has gained 2.7%, and the Health Care Select Sector SPDR Fund (NYSEArca: XLV) has dipped 4.7%. Meanwhile, the SPDR S&P 500 ETF (SPY) has declined [...] Read more at ETFtrends.com.
Gold exchange traded funds are strengthening, with bullion prices hitting a five-week high and looking on to $2,000, as investors turn to a reliable safe haven play to hedge ongoing risks. On Monday, the Sprott Physical Gold Trust (PHYS) rose 0.4%. Meanwhile, Comex gold futures were up 0.4% to around $1,983.3 per ounce. “The little step-up in [...] Read more at ETFtrends.com.
Despite representing just 4% of ETF assets at the end of the first quarter of 2022, actively managed ETFs pulled in 11% of the net inflows in the first three months of the year. Such a strong yet diverse active asset management presence was also represented on stage at Exchange: An ETF Experience. Among the [...] Read more at ETFtrends.com.
Blockchain technology and digital assets are revolutionizing the financial services industry. In the coming years, blockchain is set to disrupt consumer-facing “Web 2.0” incumbents, bringing transparency, efficiency, and lower costs to consumers. In the upcoming webcast, As Blockchain Disrupts the Web, Seek These Digital Asset Opportunities, Matthew Sigel, head of digital assets research, VanEck, will [...] Read more at ETFtrends.com.
Grains-related exchange traded funds continue to gain momentum as the Russia-Ukraine war threatens global supplies. Among the better-performing non-leveraged ETFs of Monday, the Teucrium Wheat Fund (NYSEArca: WEAT) gained 2.2%, and the Teucrium Corn Fund (CORN) rose 2.3%. Meanwhile, CBOT Wheat futures were up 2.7% to $1.135 per bushel, and CBOT Corn futures rose 3.0% to $8.075 [...] Read more at ETFtrends.com.