The Invesco KBW Bank ETF (NASDAQ: KBWB) is up an impressive 43.47% year-to-date, one of the better showings among non-leveraged industry exchange traded funds. That stellar showing is confirmation that KBWB, which follows the widely observed KBW Nasdaq Bank Index, is benefiting from, among other factors, expectations that the Federal Reserve will raise interest rates [...] Read more at ETFtrends.com.
Fixed income investors should consider an actively managed fixed income exchange traded fund strategy that is capable of maneuvering through a quickly changing bond market while generating attractive yield opportunities along the way. In the recent webcast, Why Today’s Bond Market Demands Active Management, Greg Tornga, managing director and portfolio manager at Principal Global Asset [...] Read more at ETFtrends.com.
A recent survey from Fidelity and Guaranty Life has reported that the vast majority of investors are concerned about inflation and market volatility, the life insurance company reported in a press release. Fear of rising interest rates affecting retirement savings was high amongst all the age ranges, with 73% reporting that they were either somewhat [...] Read more at ETFtrends.com.
Top Performing Levered/Inverse ETFs Last Week These were last week’s top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (KOLD B-) ProShares UltraShort Bloomberg Natural Gas 30.55% (MJXL) ETFMG 2X Daily Alternative Harvest ETF 23.36% (CWEB) Direxion Daily CSI [...] Read more at ETFtrends.com.
With tax season on the horizon, munis are on the mind. Municipal bonds, which are utilized to fund government activities and special projects, are generally free from federal taxes for their shareholders. They have become an important tax planning tool, which heightens their importance as tax season looms. Recently, ETF Trends’ managing editor Lara Crigger [...] Read more at ETFtrends.com.
With many standard dividend exchange traded funds, investors must choose between high dividend and payout growth strategies. In the strictest sense of those terms, the ALPS Sector Dividend Dogs ETF (SDOG) resides in the former category. A dividend yield of 3.22%, which is more than the comparable metric on the S&P 500, confirms as much. [...] Read more at ETFtrends.com.
The ProShares ProShares Online Retail ETF is seeing unusually high volume in afternoon trading Wednesday, with over 790,000 shares traded versus three month average volume of about 54,000. Shares of ONLN were off about 1.7% on the day.
Markets are breathing a collective sigh of relief as earnings from major box store retail chains report back overwhelmingly positive. Both Home Depot and Walmart, two of the U.S.’s largest retailers, reported strong earnings and raised expectations for the holiday season and fourth quarter, according to Financial Times. Walmart has increased the financial outlook for [...] Read more at ETFtrends.com.
On Wednesday, AdvisorShares, a leading sponsor of actively managed ETFs and the largest cannabis fund manager, announced the launch of the AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN). PSDN is sub-advised by Poseidon Investment Management, one of the first firms dedicated to investing exclusively in the emerging cannabis industry. Poseidon was co-founded by managing directors Emily Paxhia and Morgan Paxhia, a [...] Read more at ETFtrends.com.
A look at the weighted underlying holdings of the iShares MSCI Argentina and Global Exposure ETF (Symbol: AGT) shows an impressive 18.6% of holdings on a weighted basis have experienced insider buying within the past six months.
MercadoLibre Inc (Symbol: MELI), which makes up
In recent trading, shares of Perficient Inc (Symbol: PRFT) have crossed above the average analyst 12-month target price of $141.33, changing hands for $143.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
In recent trading, shares of Sun Communities Inc (Symbol: SUI) have crossed above the average analyst 12-month target price of $191.83, changing hands for $197.32/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
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
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 Ceridian HCM Holding Inc (Symbol: CDAY) have crossed above the average analyst 12-month target price of $120.61, changing hands for $120.69/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
In recent trading, shares of PerkinElmer, Inc. (Symbol: PKI) have crossed above the average analyst 12-month target price of $185.28, changing hands for $187.51/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v
In recent trading, shares of Hayward Holdings Inc (Symbol: HAYW) have crossed above the average analyst 12-month target price of $26.40, changing hands for $27.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of Sherwin-Williams Co (Symbol: SHW) have crossed above the average analyst 12-month target price of $333.87, changing hands for $338.64/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 Ulta Beauty Inc (Symbol: ULTA) have crossed above the average analyst 12-month target price of $408.53, changing hands for $413.86/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va