Nasdaq ETFs

In recent trading, shares of PagSeguro Digital Ltd (Symbol: PAGS) have crossed above the average analyst 12-month target price of $60.57, changing hands for $61.49/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o

In recent trading, shares of JOYY Inc (Symbol: YY) have crossed above the average analyst 12-month target price of $127.17, changing hands for $129.97/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,

On Feb 10, after market closed, Uber Technologies UBER – mainly known for its ride-sharing business – came out with a quarterly adjusted loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.53. This compares to loss of $0.64 per share a year ago. Over

In recent trading, shares of H & R Block, Inc. (Symbol: HRB) have crossed above the average analyst 12-month target price of $19.40, changing hands for $19.71/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on

In recent trading, shares of IQVIA Holdings Inc (Symbol: IQV) have crossed above the average analyst 12-month target price of $187.47, changing hands for $190.05/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on

In recent trading, shares of Banco de Chile (Symbol: BCH) have crossed above the average analyst 12-month target price of $21.17, changing hands for $21.37/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat

In recent trading, shares of Hawaiian Electric Industries Inc (Symbol: HE) have crossed above the average analyst 12-month target price of $34.25, changing hands for $34.96/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: do

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

A social media exchange traded fund stood out Wednesday as Twitter (NasdaqGS: TWTR) enjoyed a surge in new users. The Global X Social Media ETF (SOCL) was among the best performing non-leveraged ETFs of Wednesday, rising 3.2% as of late Wednesday afternoon. Meanwhile, Twitter shares climbed 12.2% by late Wednesday. TWTR makes up 6.4% of [...] Read more at ETFtrends.com.

Platinum-related exchange traded funds glimmered Wednesday as the precious metal rose to a 6-year high on economic recovery hopes that bolstered bets of industrial autocatalyst demand, along with expectations for additional stimulus and a weaker dollar that would support demand for hard assets. Among the best performing ETFs of late Wednesday afternoon, the Aberdeen Standard [...] Read more at ETFtrends.com.

Stock Market is a Barometer of Uncertainty, not Economic Prosperity In the tech rally of the late 90’s and early 2000’s, we looked to our companies and institutions to provide us with guidance and protection. The government supported its constituents, the Federal Reserve protected the economy for the average American, and the news was a [...] Read more at ETFtrends.com.

On Wednesday, Newfleet Asset Management and Virtus ETF Solutions, both affiliates of Virtus Investment Partners, Inc. (NASDAQ: VRTS), introduced the Virtus Newfleet ABS/MBS ETF (NYSE: VABS), the third Virtus ETF strategy managed by Newfleet. VABS seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. By utilizing Newfleet’s [...] Read more at ETFtrends.com.

On Wednesday, Roundhill Investments launched the Roundhill Streaming Services & Technology ETF (NYSE ARCA: SUBZ), the first ETF globally designed to invest in companies in the streaming sector. It’s another way for the markets to make a push into a popular aspect of technology that shows no sign of slowing down. “Media streaming continues to grow rapidly as [...] Read more at ETFtrends.com.

The GameStop story has taken the markets by storm, making and breaking fortunes for novice and experienced investors alike. The shorting saga raises myriad issues in the investing landscape, particularly the importance of devising a long-term strategy to capture upside and mitigate downside over time. In the upcoming webcast, A Feeding Frenzy: Navigating Investments in [...] Read more at ETFtrends.com.

The Wall Street optimism was seen last week as the market strongly rebounded with all three major bourses seeing the best week since November. The blue-chip Dow Jones gained 3.6% while the S&P 500 and the tech-heavy Nasdaq Composite Index rose 4.2% and 5.4%, respectively.

Joining the “ETF Report” with host Alexis Christoforous on Yahoo Finance, ETF Trends’ CEO, Tom Lydon, was on hand to talk all about the latest numbers for high performing ETF flows, the strength in emerging markets, in addition to some thoughts on a potential bitcoin ETF. As far as 2021’s ETF performances so far, nothing [...] Read more at ETFtrends.com.

Cannabis sector-related exchange traded funds maintained their momentum on Wednesday as the Reddit crowd of day traders turned their attention to marijuana stocks. Among the best performing non-leveraged ETFs of Wednesday, the ETFMG Alternative Harvest ETF (NYSEArca: MJ) advanced 11.9%, Cambria Cannabis ETF (TOKE) increased 6.8%, Global X Cannabis ETF (NASDAQ: POTX) surged 15.2%, AdvisorShares Pure [...] Read more at ETFtrends.com.

U.S. markets and stock exchange traded funds were struggling Wednesday after running up equities to record highs. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) was down 0.3%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.1%, and iShares Core S&P 500 ETF (NYSEArca: IVV) was 0.1% lower. “When you get a highly speculative [...] Read more at ETFtrends.com.

By Roman Chuyan, CFA Our Equity Model’s 6-month forecast for the S&P 500 turned significantly negative on economic factors and record market valuation. Along with our Short-Term Risk model, this dictates defensive positioning. Our 6-month Equity Model turned significantly negative at ‑7.9% in January on economic factors. The economic component of the model dropped sharply [...] Read more at ETFtrends.com.

Simple forces of supply and demand are feeding into strength for the Global X Lithium & Battery Tech ETF (LIT). Electric automaker Tesla is demanding more lithium for its cars, but a supply shortage is boosting lithium prices. Despite beating Wall Street expectations with revenue, Tesla missed the mark on its earnings per share (EPS) [...] Read more at ETFtrends.com.