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
Value’s getting the red carpet treatment, but investors shouldn’t shun the growth factor or the Vanguard Growth Index Fund ETF Shares (VUG). For growth seekers, VUG tracks the performance of a benchmark index that measures the investment return of the CRSP US Large Cap Growth Index. The fund employs an indexing investment approach designed to track [...] Read more at ETFtrends.com.
First Trust recently filed for an ETF called The First Trust S-Network Streaming & Gaming ETF. The fund looks to tap one of the burgeoning spaces of the current era. Let’s delve a little deeper:
The S&P/MX International Cannabis Index is up 61% year-to-date, highlighting strength in the cannabis sector. The Global X Cannabis ETF (POTX) which is up a huge 80% YTD. POTX seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cannabis Index. The fund invests at least [...] Read more at ETFtrends.com.
The S&P 500 Biotech index rose as much as 25% last year after falling as low as 8% during the apex of last year’s sell-offs. Now, downward pressure is helping leveraged inverse funds like the Direxion Daily S&P Biotech Bear 3X Shares (LABD). “Lossmaking pharmaceutical and biotech companies dominate the list of US stocks most [...] Read more at ETFtrends.com.
Investors seeking momentum may have First Trust NASDAQ Bank ETF FTXO on radar now. The fund recently hit a new 52-week high. Shares of FTXO are up approximately 150.1% from their 52-week low of $13.37/share.
The latest update on U.S. manufacturing output looks disappointing, largely due to the severe winter conditions in the south-central region of the United States in mid-February. Per the Fed’s recently-released data, total industrial production declined 2.2% in February. Going o
Exchange traded funds that track environmental, social, and governance principles help investors target socially responsible investments, but it is still crucial to look under the hood to completely divest away from fossil fuels. According to CFRA, many of the largest ESG-related ETFs provide sector exposures that are very similar to the broadest equity funds, which [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon discussed the SPDR S&P Retail ETF (XRT) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. This ETF offers exposure to the U.S. retail industry, a targeted sub-sector of the consumer discretionary space that may appeal to investors looking to bet on increased consumer consumption in [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds retreated Thursday as inflation fears triggered a spike in Treasury yields and renewed the selloff in growth names. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was down 3.0%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) fell 0.5%, and iShares Core S&P 500 ETF (NYSEArca: IVV) was 1.4% [...] Read more at ETFtrends.com.
The Federal Reserve provided some relief to investors with its decision to maintain rates near zero until 2023, at least. Moreover, the central bank has raised its economic growth outlook considering the vaccine and stimulus optimism and it also expects higher inflation this year
For investors looking for momentum, iShares U.S. Basic Materials ETF IYM is probably a suitable pick. The fund just hit a 52-week high and is up 111.6% from its 52-week low price of $59.49/share.
In trading on Thursday, shares of the JMST ETF (Symbol: JMST) crossed below their 200 day moving average of $51.02, changing hands as low as $51.01 per share. JMST shares are currently trading down about 0.1% on the day. The chart below shows the one year performance of JMST
In trading on Thursday, shares of the Invesco Financial Preferred ETF (Symbol: PGF) crossed below their 200 day moving average of $18.69, changing hands as low as $18.66 per share. Invesco Financial Preferred shares are currently trading off about 0.9% on the day. The chart b