The recent sell-offs may have investors wondering where they should turn. One place to look at is small cap growth with ETFs like the SPDR S&P 600 Small Cap Growth ETF (SLYG). SLYG seeks to provide investment results that correspond generally to the total return performance of the S&P SmallCap 600 Growth Index. The fund [...] Read more at ETFtrends.com.
Wall Street has been witnessing steep selloffs lately due to rising rate worries. Growing vaccine distribution and hopes of hefty stimulus under the Biden presidency along with a dovish Fed stoked inflationary pressure and boosted long-term treasury yields.
The retail trading hype surrounding Reddit forum users gripped the capital markets, but more importantly, it underscored the pure power of social media influence. This is leading to launches of new social sentiment ETFs. One way to play the movement is with the Global X Social Media ETF (SOCL). Global X’s SOCL provides some of the same [...] Read more at ETFtrends.com.
Because of its relative newness in the capital markets, environmental, social, and governance (ESG) investing had a tough time trying to get past the old guard. Now, Wall Street is rolling the red carpet for ESG ETFs. Former president Donald Trump’s administration put a barrier around 401(k)s, but now, the government is looking to walk [...] Read more at ETFtrends.com.
The Invesco Dynamic Oil & Gas Services ETF is seeing unusually high volume in afternoon trading Friday, with over 3.8 million shares traded versus three month average volume of about 55,000. Shares of PXJ were up about 1.3% on the day.
Stocks and index ETFs continued their tumble on Friday due to rising bond yields, as inverse ETFs continue to climb. With key stocks like Apple, Amazon, and Netflix dropping more than 1% apiece, the S&P 500 lost another 0.7% after attempting to stage a rally at the start of the session. The Nasdaq Composite dropped [...] Read more at ETFtrends.com.
In trading on Friday, the ProShares ProShares Russell 2000 Dividend Growers ETF is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Provident Financial Services, up about 6.6% and shares of South Jersey In
A heavier reliance on technology is putting processing power and semiconductors at the forefront of the economy. ETF traders can go long on chips with leverage with the Direxion Daily Semiconductor Bull 3X ETF (SOXL). Automaker GM is witnessing firsthand how the high demand for chips is affecting supply. “The global semiconductor chip shortage led [...] Read more at ETFtrends.com.
On Thursday, VanEck announced the launch of the VanEck Vectors Social Sentiment ETF (BUZZ), which provides investors value-added exposure to large cap U.S. stocks with the most bullish investor sentiment and perception. “We are experiencing a monumental moment within the history of the retail investor—Twitter, Reddit, Stocktwits, and dozens of other platforms have established communities for investors to discuss [...] Read more at ETFtrends.com.
Surging Treasury yields are weighing on growth fare, including Tesla and the ARK Innovation ETF (NYSEArca: ARKK), but this recent run of weakness could give way to opportunity with the electric vehicle maker and the famed exchange traded fund. “Companies within ARKK include those that rely on or benefit from the development of new products [...] Read more at ETFtrends.com.
Treasury yields are rising, but with rates still near historic lows, the case for dividend grower ETFs like the Invesco Dividend Achievers ETF (NASDAQ: PFM) remains intact. PFM tracks the NASDAQ US Broad Dividend Achievers. That benchmark requires member firms to have dividend increase streaks of at least 10 years. Due to its emphasis on payout [...] Read more at ETFtrends.com.
In trading on Friday, shares of the iShares MSCI USA Momentum Factor ETF (Symbol: MTUM) entered into oversold territory, changing hands as low as $149.74 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
In trading on Friday, shares of the iShares Expanded Tech-Software Sector ETF (Symbol: IGV) entered into oversold territory, changing hands as low as $325.77 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indica
In trading on Friday, shares of the ARK Autonomous Technology & Robotics ETF (Symbol: ARKQ) entered into oversold territory, changing hands as low as $76.58 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis ind
In trading on Friday, shares of the First Trust NASDAQ Clean Edge Green Energy Index Fund ETF (Symbol: QCLN) entered into oversold territory, changing hands as low as $60.8432 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technic
The biotech firm Amgen Inc. AMGN has agreed to buy Five Prime Therapeutics Inc. FPRX, a clinical-stage biotechnology company focused on developing immuno-oncology and targeted cancer therapies, for $1.9 billion.Per the terms of the deal, Amgen will pay $38 per share in cash for e
A look at the weighted underlying holdings of the First Trust Utilities AlphaDEX Fund (FXU) shows an impressive 12.0% of holdings on a weighted basis have experienced insider buying within the past six months.
Evergy Inc (Symbol: EVRG), which makes up 3.39% of the First Trust
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