Value stocks and related exchange traded funds climbed Wednesday as major indices closed out the quarter near record highs, following a rally in the growth style over July. “We’ve seen a significant preference for cyclicals through May, and in June we’ve seen a major preference shift to growth, or ‘tech-plus stocks,’” Tim Ghriskey, chief investment [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the iShares 5-10 Year Investment Grade Corporate Bond ETF (Symbol: IGIB) crossed above their 200 day moving average of $60.54, changing hands as high as $60.55 per share. iShares 5-10 Year Investment Grade Corporate Bond shares are currently
On June 30, Roundhill Investments, the issuer behind thematic tech funds like the Roundhill Sports Betting & iGaming ETF (BETZ) and the Roundhill Streaming Services & Technology ETF (SUBZ), launched an ETF designed to capitalize on the emergence of persistent virtual worlds and economies. The new ETF, the Roundhill Ball Metaverse ETF (META), tracks companies [...] Read more at ETFtrends.com.
As investors consider the regulatory, scientific, and demographic factors driving today’s growth in biotechnology industry, they can look to the Nasdaq Biotechnology Index’s methodology and one related exchange traded fund, which could lead to the best representation of the sector. In the recent webcast, The Biotech Trek: A Short History from 1993 to 2021, Mark [...] Read more at ETFtrends.com.
More and more investors are evaluating the environmental, social, and governance (ESG) characteristics of their portfolios. They can still access ETFs that rank highly along ESG factors, even if those funds aren’t specifically marketed or branded as ESG ETFs. For example, the three dividend-focused ETFs with the highest ESG scores are the Principal Spectrum Tax-Advantage Dividend [...] Read more at ETFtrends.com.
On Wednesday June 30, Invesco launched three new low-cost ETFs that track multi-factor indices based on large cap, mid cap, and small cap S&P Indices. Each of the multi-factor indices incorporates quality, value, and momentum factors. The Invesco S&P 500 QVM Multi-Factor ETF (QVML) tracks an index based on the S&P 500 Index; the Invesco [...] Read more at ETFtrends.com.
For investors looking for momentum, iShares S&P 500 Growth ETF IVW isprobably a suitable pick. The fund just hit a 52-week high and is up 40.4% from its 52-week low price of $51.90/share.
Gold prices came tumbling down during Tuesday’s trading session, but investors can shield against the volatility with gold miner ETFs from Sprott. Miners can give investors exposure to gold without the price volatility of investing in the precious metal itself. A strong pair of funds to consider are the Sprott Gold Miners ETF (SGDM) and the Sprott [...] Read more at ETFtrends.com.
The First Trust Mid Cap Growth AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 245,000 shares traded versus three month average volume of about 43,000. Shares of FNY were trading flat on the day.
In trading on Wednesday, the Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 2.5% on the day. Components of that ETF showing particular strength include shares of Tronox Holdings, up about 8% and shares of Lithium Americas, up about 3.5% on the day.
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
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 Texas Instruments Inc. (Symbol: TXN) have crossed above the average analyst 12-month target price of $192.18, changing hands for $192.88/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 LGI Homes, Inc. (Symbol: LGIH) have crossed above the average analyst 12-month target price of $159.80, changing hands for $160.01/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 eBay Inc. (Symbol: EBAY) have crossed above the average analyst 12-month target price of $69.00, changing hands for $70.49/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,
In recent trading, shares of Cerevel Therapeutics Holdings Inc (Symbol: CERE) have crossed above the average analyst 12-month target price of $23.33, changing hands for $29.69/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react:
In recent trading, shares of Kratos Defense & Security Solutions, Inc. (Symbol: KTOS) have crossed above the average analyst 12-month target price of $28.50, changing hands for $29.60/share. When a stock reaches the target an analyst has set, the analyst logically has two wa
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF Trust, which added 12,300,000 units, or a 1.4% increase week over week. Among the largest underlying components of SPY, in m