In trading on Thursday, shares of the ARKK ETF (Symbol: ARKK) entered into oversold territory, changing hands as low as $106.6401 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum
In trading on Thursday, shares of the ARKW ETF (Symbol: ARKW) crossed below their 200 day moving average of $134.63, changing hands as low as $133.61 per share. ARKW shares are currently trading down about 3.5% on the day. The chart below shows the one year performance of ARK
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Regional Banking ETF (Symbol: KRE) where we have detected an approximate $687.7 million dollar inflow -- that's a 14.8% i
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Oil & Gas Exploration & Production ETF (Symbol: XOP) where we have detected an approximate $127.5 million dollar
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Value ETF (Symbol: IWD) where we have detected an approximate $183.1 million dollar inflow -- that's a 0.3% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Daily Semiconductor Bull 3X Shares
(Symbol: SOXL) where we have detected an approximate $276.4 million dollar inflow -- that's a 6.9% increase week
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares ProShares UltraPro Short QQQ, which added 10,350,000 units, or a 7.5% increase week over week.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Portfolio S&P 600 Small Cap ETF, where 4,000,000 units were destroyed, or a 4.1% decrease week over week.
A look at the weighted underlying holdings of the Invesco DWA Consumer Staples Momentum ETF (Symbol: PSL) shows an impressive 10.1% of holdings on a weighted basis have experienced insider buying within the past six months.
Coty, Inc. (Symbol: COTY), which makes up 4.30% of th
Fixed income investors can bridge the gap between money market funds and long-term bond funds with ultra-short bonds like the Vanguard Ultra-Short Bond ETF (VUSB). In today’s low yield environment relative, investors will often snag more yield by taking on risk with volatile assets or assuming more duration risk. This is where ultra-short bonds can [...] Read more at ETFtrends.com.
The ISM Manufacturing PMI dropped to 60.7 in April 2021 from 64.7 in March, falling short of market forecasts of 65 as shortage of raw materials put pressure on production. Despite the decline, the latest reading marked expansion in the manufacturing sector for 11 successive mont
Rising interest rates are a big story line in U.S. markets this year and that’s providing fuel for the financial services sector. Bank stocks have momentum, and investors can tap into that theme with momentum-based strategies, including the Invesco DWA Financial Momentum Portfolio (PFI). Up 20.18% year-to-date, PFI follows the Dorsey Wright Financials Technical Leaders [...] Read more at ETFtrends.com.
The value factor is finally outshining growth, but that doesn’t mean investors should abandon assets like the Invesco S&P 500 Pure Growth ETF (NYSEARCA: RPG). In fact, RPG could prove useful as 2021 moves along because low interest rates are helping companies spend capital on, well, growth. Many that are doing just, including some RPG [...] Read more at ETFtrends.com.
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
Dividend payments were mostly stalled in the year 2020 as the coronavirus-led corporate cash crunch led to the announcement of dividend cuts. In April 2020, two dozen companies in the S&P 500 cut or suspended their dividends. However, things are changing this year. In April 2
Investors seeking momentum may have iPath Series B Bloomberg Coffee Subindex Total Return ETN JO on radar now. The fund recently hit a new 52-week high. Shares of JO are up approximately 46.7% from their 52-week low of $29.20/share.
Bond investors can consider a dynamic trend-following approach in managing fixed income exposure in today’s market. In the recent webcast, Getting Smart About Income, Sean O’Hara, President, Pacer ETFs, argued that fixed income investors face increased challenges in maximizing yields while minimizing risks. Consequently, many are taking on more credit risk to find yield, extending [...] Read more at ETFtrends.com.