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
To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention —
In recent trading, shares of AutoZone, Inc. (Symbol: AZO) have crossed above the average analyst 12-month target price of $2066.00, changing hands for $2104.04/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 Boise Cascade Co. (Symbol: BCC) have crossed above the average analyst 12-month target price of $70.50, changing hands for $70.57/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
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
The Amplify Transformational Data Sharing ETF (BLOK) was the first ETF related to blockchain to launch back in 2018, investing in the innovation and potential that the space provides. Now, as the crypto space grows in leaps and bounds and expands into more areas, BLOK continues to stay at the forefront of innovation, seen most recently [...] Read more at ETFtrends.com.
Mutual funds will likely give investors a big tax surprise this year, but exchange traded fund investors won’t have to worry too much. American Century, Columbia Threadneedle, Harbor Funds, Invesco, MFS, T. Rowe Price, and Vanguard have all warned investors that their active mutual funds could come with year-end capital gains distributions equivalent to 20% [...] Read more at ETFtrends.com.
For bond investors and the bond portion of portfolios, it’s a tough time. Inflation and the looming possibility of multiple interest rate increases by the central bank next year have advisors hunting for alternative income for their portfolios; one of the best places to find potentially high yields right now and in 2022 is within [...] Read more at ETFtrends.com.
Municipal bond exchange traded funds are attracting huge inflows as investors diversify their fixed income portfolios with tax-exempt muni offerings. Municipal bond funds now make up an unprecedented 24% of outstanding total debt circulating in the markets, compared to just 16% five years ago, marking a shift in investor habits away from buy-and-hold individual securities [...] Read more at ETFtrends.com.
A Turkey country-specific exchange traded fund retreated on Wednesday as the lira continued to tumble despite the government’s attempts to stabilize the currency. The iShares MSCI Turkey ETF (NasdaqGM: TUR) fell 10.7% on Wednesday after surging 21.2% on Monday and declining 13.7% on Friday. The lira depreciated more than 6% against the U.S. dollar, erasing [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds continued to waver through Wednesday as rising COVID-19 infections weighed on any further forward momentum. On Wednesday, the Invesco S&P 500 Equal Weight ETF (RSP), which follows the S&P 500 Equal Weight Index (EWI), rose 0.2%. Meanwhile, the S&P 500 was flat, the Dow Jones Industrial Average was [...] Read more at ETFtrends.com.
It’s been a blockbuster year for ETFs, with over $900 billion in flows to the space. Dave Nadig, CIO and director of research at ETF Trends, discusses the big moments in ETFs and what to expect looking forward into 2022 on Yahoo Finance’s “ETF Report.” With nearly $670 billion going into primarily U.S. equities, one [...] Read more at ETFtrends.com.
Bitcoin has taken a massive hit, but investors are still piling onto exchange traded funds that track bitcoin futures. The ProShares Bitcoin ETF (BITO) has enjoyed $40 million in net inflows so far in December, its third consecutive monthly positive inflow, Bloomberg reports. Additionally, the Valkyrie Bitcoin Strategy ETF (BTF) brought in $6.5 million this month, [...] Read more at ETFtrends.com.
According to an update, despite being down 1.41%, the Guinness Atkinson SmartETFs Dividend Builder ETF (DIVS) outperformed its benchmark due to solid stock selection within the industrials, healthcare, and financials sectors. As a quality-focused dividend ETF, DIVS leans on companies that show consistent results and are positioned to survive even the harshest of economic downturns. [...] Read more at ETFtrends.com.
ESG funds and priorities took center stage at several points during the year as increasingly more investors pushed for sustainability and better corporate reporting and practices. 2021 brought about real traction at the shareholder level for ESG priorities, and next year looks to bring even more engagement and challenges regarding company operations as regulators circle [...] Read more at ETFtrends.com.
With inflationary pressures looming as 2021 turns into 2022, fixed income investors will want to shorten up duration with the Invesco Ultra Short Duration ETF (GSY). Fundamentally, inflationary pressures can eat away at bond-focused income. Additionally, the Federal Reserve’s move to raise rates in 2022 could allow bond investors to miss out on higher yields. [...] Read more at ETFtrends.com.
Bitcoin has dropped $20,000 from the all-time high it hit back in November, but that hasn’t swayed long-term holders from selling off dramatically. The leading cryptocurrency lost about 6% on Tuesday, falling to below $50,000 again after climbing back past that price level heading into the Christmas holiday. Data from analytics firm Glassnode indicates that [...] Read more at ETFtrends.com.
Gold prices are picking up heading into the 2022 as investors still assess the impact of the Omicron variant and COVID cases rise in the winter season. Meanwhile, the impact of inflation is still weighing on the capital markets. This is allowing gold to trade sideways as opposed to feeling the downward pressure of a [...] Read more at ETFtrends.com.
In 2021, investors got a firm reminder of the risks associated with accessing Chinese stocks. Amid a new regulatory regime aimed at common prosperity and closing wealth gaps, the Chinese Communist Party (CCP) took aim at high-flying consumer internet and communication services companies. The results were predictable. The MSCI China Index is off 23.58% year-to-date, [...] Read more at ETFtrends.com.
One of the end-of-year traditions some equity income investors love is evaluating the new “dogs of the Dow” — the 10 members of the Dow Jones Industrial Average with the highest dividend yields at the end of the year. The strategy, which has been around for over three decades, is simple. Based on the premise that, [...] Read more at ETFtrends.com.