Nasdaq ETFs

In recent trading, shares of Myriad Genetics, Inc. (Symbol: MYGN) have crossed above the average analyst 12-month target price of $30.80, changing hands for $31.66/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 Legend Biotech Corp (Symbol: LEGN) have crossed above the average analyst 12-month target price of $52.75, changing hands for $54.44/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 WSFS Financial Corp (Symbol: WSFS) have crossed above the average analyst 12-month target price of $53.50, changing hands for $54.60/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 Entegris Inc (Symbol: ENTG) have crossed above the average analyst 12-month target price of $121.20, changing hands for $121.75/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua

In recent trading, shares of Codexis Inc (Symbol: CDXS) have crossed above the average analyst 12-month target price of $28.67, changing hands for $30.58/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio

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 the last few days, bitcoin has shown the beginnings of a long-awaited decoupling point.

Last month, we thought that global monetary policy would dominate financial market headlines. The September U.S. Federal Reserve (“Fed”) meeting did not provide any new information, and the general assumption remains that the Fed will announce its asset purchases reduction plan during its November 2021 meeting. Other central banks, such as the Bank of England, [...] Read more at ETFtrends.com.

WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange traded fund and exchange traded product sponsor and asset manager, announced today the launch of the WisdomTree Target Range Fund (GTR) on NASDAQ. GTR is an actively managed ETF that seeks to provide capital appreciation, with a secondary objective of hedging risk. In pursuing its these objectives, GTR [...] Read more at ETFtrends.com.

The Financial Accounting Standards Board is being called upon by executives from numerous public companies to create accounting rules for environmental, social, and governance (ESG) issues, reports The Wall Street Journal. Back in June, the FASB opened up consultations for their agenda to public opinion on what their long-term goals should be; it was the first [...] Read more at ETFtrends.com.

In trading on Thursday, shares of the Vanguard FTSE Developed Markets ETF (Symbol: VEA) crossed above their 200 day moving average of $50.69, changing hands as high as $50.70 per share. Vanguard FTSE Developed Markets shares are currently trading up about 1% on the day. The c

Over in Europe, where regulations and standards are more stringent, banks are beginning to drop clients if they have potential ESG risks so as to avoid paying more money, reports Bloomberg. European regulators and investors are putting pressure on the financial industry to invest more heavily in low-carbon footprint sectors and move away from the [...] Read more at ETFtrends.com.

In today’s market environment, investors can consider an exchange traded fund strategy to pursue returns while mitigating risk in a low-yield world. In the recent webcast, A Dual Dilemma: Combating Low Yields and Equity Risks, Marc Odo, client portfolio manager at Swan Global Investments, highlighted the dual dilemma in today’s market environment. Bond markets appear [...] Read more at ETFtrends.com.

The global economy feels particularly chaotic these days. China is still navigating the fallout from Evergrande, and global supply chain issues continue to impact many sectors. A chip shortage has been particularly pernicious, and the pandemic is still not over. AIIMS Director Dr. Randeep Guleria said in a video that, “If we look at the [...] Read more at ETFtrends.com.

ETF Trends CEO Tom Lydon discussed the Next Frontier Internet & Ecommerce ETF (FMQQ) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. FMQQ is designed to provide investors with exposure to the internet and ecommerce sectors of the developing world. FMQQ holds over 60 companies operating in emerging and [...] Read more at ETFtrends.com.

With yields on conservative fixed income assets low and credit spreads depressed, some income investors feel as though they have no choice but to consider other income-generating assets. To that end, it’s probably not surprising that options-based exchange traded fund strategies aren’t just proliferating in number, but capturing more assets as well. That includes the [...] Read more at ETFtrends.com.

https://www.prnewswire.com/news-releases/astoria-portfolio-advisors-surpasses-1b-in-total-assets-301393661.html?tc=eml_cleartime NEW YORK, Oct. 6, 2021 /PRNewswire/ — Astoria Portfolio Advisors announced today that its assets under management and advisement surpassed $1 billion as of September 30, 2021. “I established Astoria because I thought ETFs were the innovative building block for cross asset and strategic investment solutions,” said John Davi, Chief Investment Officer and Founder [...] Read more at ETFtrends.com.

During sanguine market environments when volatility is low and it seems like all assets are steadily appreciating, it’s easy to say that exchange traded funds are behaving as expected. The real tests come when turbulence spikes and investors are hitting panic buttons. Those are the times when ETFs can truly prove their mettle. Despite what [...] Read more at ETFtrends.com.

The First Trust Indxx NextG ETF is seeing unusually high volume in afternoon trading Thursday, with over 631,000 shares traded versus three month average volume of about 31,000. Shares of NXTG were up about 0.3% on the day.

In trading on Thursday, the Invesco China Technology ETF is outperforming other ETFs, up about 5.7% on the day. Components of that ETF showing particular strength include shares of Zhihu, up about 11.4% and shares of Bilibili, up about 10.9% on the day.