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
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
By Chris Konstantinos, CFA, Director of Investments, Chief Investment Strategist SUMMARY The market thus far, this year, has been much stronger than the typical ‘sell in May and go away’ pattern. We believe this has to do with the strong recent quarterly earnings, which were among the best on record. We believe earnings will be [...] Read more at ETFtrends.com.
By Solomon G. Teller, CFA, Chief Investment Strategist, Green Harvest Asset Management Over the summer, my son really got into riddles and word games, his favorite type involving contradictory statements. While “he who hesitates is lost”, doesn’t “haste make waste”? As the prospect of tax hikes populates headlines and interest in tax management grows, the old [...] Read more at ETFtrends.com.
Funds with an ESG focus tend to have higher management fees. Despite usually outperforming their peers, even in unusual circumstances like the start of a global pandemic, the fees can cause some investors to balk. If you need income, ESG won’t be the first metric that jumps to mind, but for investors seeking a clean [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon discussed the Breakwave Dry Bulk Shipping ETF (BDRY) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. BDRY is designed to reflect the daily price movements of the near-dated dry bulk freight futures. The fund offers investors unleveled exposure to dry bulk freight without the need [...] Read more at ETFtrends.com.
Bond exchange traded funds strengthened on Thursday with yields falling off as initial jobless claims dipped to a new coronavirus pandemic-era low. On Thursday, the Vanguard Intermediate-Term Treasury Index Fund ETF Shares (VGIT) was up 0.1%, and the Vanguard Long-Term Treasury Index Fund ETF Shares (VGLT) rose 1.1%. Meanwhile, yields on benchmark 10-year Treasury notes [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the SCHZ ETF (Symbol: SCHZ) crossed above their 200 day moving average of $54.85, changing hands as high as $54.91 per share. SCHZ shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of SCHZ s
In trading on Thursday, shares of the Vanguard Intermediate-Term Bond ETF (Symbol: BIV) crossed above their 200 day moving average of $90.64, changing hands as high as $90.73 per share. Vanguard Intermediate-Term Bond shares are currently trading up about 0.2% on the day. The
In trading on Thursday, shares of the SCHR ETF (Symbol: SCHR) crossed above their 200 day moving average of $57.27, changing hands as high as $57.30 per share. SCHR shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of SCHR s
Investors who are interested in the investment potential of the nascent clean energy sector can consider a targeted exchange traded fund play. In the recent webcast, Capitalizing on the Clean Energy Future, Eric Fogarty, Managing Director, Portfolio Manager, and Senior Research Analyst at Duff & Phelps Investment Management Co., explained that clean energy currently represents [...] Read more at ETFtrends.com.
The August jobs report was disappointing but continued to trend in the right direction. Inflation is still a major concern after the Jackson Hole meeting left no doubt that the Fed is not considering raising rates anytime soon. Corporate profits, the stock market, and housing prices are both at all-time highs. These and other economic [...] Read more at ETFtrends.com.
During the depths of the COVID pandemic economic crisis, the U.S. Federal Reserve (Fed) committed to a series of supportive monetary policies that included bond purchases. Right now, the markets are very focused on potential changes in Fed policy including tapering, or the cessation of these bond purchases. The expectation is that over time the [...] Read more at ETFtrends.com.
On Thursday, SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) announced that SS&C ALPS Advisors, an asset manager and wholly-owned subsidiary of SS&C, launched the ALPS Global Travel Beneficiaries ETF (JRNY). The fund’s strategy provides diversified exposure to the global travel industry, which historically has outpaced global GDP growth for nine consecutive years between 2011 and 2019[1]. “SS&C [...] Read more at ETFtrends.com.
As the stock market attempts to reverse the recent pullback this month, Moderna shares climbed higher on Thursday after the company announced that it’s creating a dual-purpose vaccine booster shot that offers protection against both the coronavirus and the seasonal flu. The new vaccine booster, which the biotech company calls mRNA-1073, combines Moderna’s current coronavirus vaccine [...] Read more at ETFtrends.com.