In recent trading, shares of Apollo Global Management Inc (Symbol: APO) have crossed above the average analyst 12-month target price of $52.70, changing hands for $52.71/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
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
AdvisorShares recently launched two new actively managed funds to tap some of the worst-hit areas of the pandemic — one is AdvisorShares Hotel ETF BEDZ and the other is AdvisorShares Restaurant ETF EATZ.
For investors looking for momentum, Teucrium Corn ETF CORN is probably a suitable pick. The fund just hit a 52-week high and is up 74.5% from its 52-week low price of $11.52/share.
ETF Trends CEO Tom Lydon discussed the WisdomTree U.S. Quality Dividend Growth Fund (DGRW) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. DGRW tracks the performance of an index that invests in large- and midcap dividend-paying US common stocks with growth characteristics. There are preparations in place for inflationary pressures [...] Read more at ETFtrends.com.
For investors looking for momentum, VanEck Vectors Gold Miners ETF GDX is probably a suitable pick. The fund just hit a 52-week high and is up 49.7% from its 52-week low price of $30.64/share.
Wall Street witnessed a rally on Apr 21 after suffering for two consecutive days as the pandemic worsened. Notably, the Dow Jones Industrial Average rose 0.9%. Meanwhile, the S&P 500 and the tech-heavy Nasdaq Composite climbed 0.9% and 1.2%, respectively, on the day. The sma
For Earth Day, Invesco Ltd. (NYSE: IVZ), a global asset management firm leading sustainable investing for over 15 years, announced that it has expanded its market-leading, thematic environmental ETF suite with the launch of Invesco MSCI Green Building ETF (GBLD). “The Invesco MSCI Green Building ETF will be the first to focus specifically on the entire green building [...] Read more at ETFtrends.com.
As a way to put free-market economics to work in the fight against rising global temperatures, the world has collaborated to reduce emissions through carbon pricing, and investors can also gain exposure to the free market that determines the price of CO2 pollution through a targeted exchange traded fund. The KFA Global Carbon ETF (KRBN) [...] Read more at ETFtrends.com.
ARK Investment Management has one of the more famous lineups of exchange funds in the industry and that’s saying something because it’s small relative to some issuers. However, there’s a hidden gem or two on that roster. That includes the ARK Israel Innovative Technology ETF (Cboe: IZRL). IZRL, one of two passively managed ETFs from [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the KWEB ETF (Symbol: KWEB) crossed above their 200 day moving average of $76.49, changing hands as high as $76.76 per share. KWEB shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of KWEB s
When it comes to choosing exchange-traded funds (ETFs) for the long-term horizon, sometimes bigger is better with mega equities via the Vanguard Mega Cap Growth Index Fund ETF Shares (MGK). “The concept of building your portfolio around several core positions that offer upside and consistent returns is a great way to approach long-term investing,” a [...] Read more at ETFtrends.com.
Investors can look to exchange traded fund solutions to adapt to an environment characterized by volatile equity markets and low but rising interest rates. In the recent webcast, Optimizing the 60/40 Portfolio Through Varying Market Conditions with Liquid Alts, Salvatore Bruno, Chief Investment Officer and Managing Director, IndexIQ; Kelly Ye, Director of Research, IndexIQ; and [...] Read more at ETFtrends.com.
Covid-19 certainly changed the way health care delivery was performed. The pandemic saw a substantial rise in telemedicine, which investors capitalized on using the Global X Telemedicine and Digital Health ETF (EDOC). “The COVID-19 pandemic shifted life as we knew it prompting the adoption of technological medical approaches,” a Benzinga article noted, highlighting stocks that [...] Read more at ETFtrends.com.
For long-term investors, diversification is often advantageous with domestic equities. That principle holds true with international stocks. The WisdomTree Developed International Multi-Factor Model Portfolio offers advisors an effective way to position client portfolios for more upside in internationally developed markets with ample diversification. “This model portfolio is designed for investors with a long-term horizon looking [...] Read more at ETFtrends.com.
International diversification isn’t just an investing buzz phrase. It’s a viable, important strategy and one accessible with the ALPS International Sector Dividend Dogs ETF (NYSEArca: IDOG). ALPS identifies the five highest-yielding securities in the 10 GICS sectors on the last trading day of November. From there, IDOG is rebalanced quarterly in an effort to keep [...] Read more at ETFtrends.com.
Go-go days are here again for palladium as the metal is notching record highs on what feels like a regular basis. Obviously, that’s good news for the Sprott Physical Platinum and Palladium Trust (NYSEArca: SPPP). SPPP provides “a secure, convenient and exchange-traded investment alternative for investors who want to hold physical platinum and palladium. The [...] Read more at ETFtrends.com.
Money market funds (MMFs) don’t sport hefty yields, but the asset class has long been a favored destination for investors looking to conservatively position and ride out rocky equity markets. Still, money market funds are facing regulatory scrutiny, both in the U.S. and the European Union, after the coronavirus market swoon of March 2020 forced [...] Read more at ETFtrends.com.
On Thursday, ETF newcomer Acruence Capital launched its first fund, the Acruence Active Hedge U.S. Equity ETF (XVOL), an actively managed large cap equity ETF that uses VIX options to reduce volatility. The fund, which is listed on the NYSE, carries an expense ratio of 0.83%. According to the press release announcing the launch, XVOL [...] Read more at ETFtrends.com.
With its hefty allocations to communication services and technology stocks, the Nasdaq-100 Index (NDX) is a favored destination for many growth investors. The cap-weighted version of that index allocates over two-thirds of its weight to tech and communication services stocks and is top-heavy with its top five holdings combining for about 38% of its weight. [...] Read more at ETFtrends.com.