Nasdaq ETFs

In recent trading, shares of Atea Pharmaceuticals Inc (Symbol: AVIR) have crossed above the average analyst 12-month target price of $51.33, changing hands for $52.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad

In recent trading, shares of AeroVironment, Inc. (Symbol: AVAV) have crossed above the average analyst 12-month target price of $96.33, changing hands for $125.29/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 JetBlue Airways Corp (Symbol: JBLU) have crossed above the average analyst 12-month target price of $15.46, changing hands for $15.72/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 Fortress Transportation & Infrastructure Investors LLC (Symbol: FTAI) have crossed above the average analyst 12-month target price of $23.30, changing hands for $23.55/share. When a stock reaches the target an analyst has set, the analyst logical

Eaton Vance Corp (Symbol: EV) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.1% yield, as well as a superb track record of at least two decades of dividend growth, according to

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

ETF Trends CEO Tom Lydon discussed the Financial Select Sector SPDR (XLF) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. This ETF, one of the powerhouse SPDR products, provides exposure to an index that includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; real [...] Read more at ETFtrends.com.

Thursday has brought the first ETF focused on exposure to a more ESG-based economy. Direxion officially announced the recent launch of the Direxion World Without Waste ETF (WWOW). WWOW invests in 50 companies at the forefront of the move to a circular economy from a linear one. Until recently, the ‘take-make-consume-waste’ of resources within a [...] Read more at ETFtrends.com.

In 2020, funds with exposure to less environmental, social, and governance risks outperformed their peers that did not account for ESG principles. Jeffrey Ptak, head of global manager research for Morningstar, points out that funds courting less ESG risks beat their benchmark indices more often and with a greater average margin than funds courting more [...] Read more at ETFtrends.com.

After only a few months, on Thursday, Invesco Ltd. (NYSE: IVZ), a leading provider of ETFs, announced that the Invesco NASDAQ 100 ETF (QQQM) and the Invesco NASDAQ Next Gen 100 ETF (QQQJ) together have gathered $1 billion in assets under management (AUM). The two ETFs celebrated 3 months of history yesterday, as they were launched [...] Read more at ETFtrends.com.

The United States continues to struggle with controlling the coronavirus outbreak. According to Johns Hopkins University data, the country recorded 224,258 new coronavirus cases and 3,848 more deaths on Jan 13, per a CNN report.

China seems to be recovering well from the pandemic-induced economic slowdown. The continued strength in the export levels can be largely attributed to the solid global demand for the coronavirus outbreak-related goods. Per the customs agency, China’s factories exported around

On Thursday, Franklin Templeton announced the expansion of its thematic active ETF lineup with the addition of Franklin Exponential Data ETF (XDAT). XDAT seeks capital appreciation by investing in companies focused on or expected to benefit from the use of large data sets and/or the growth of data, including the creation, collection, cleaning, analyzing, storage, securing, transport, and/or [...] Read more at ETFtrends.com.

Marijuana stocks and sector-related exchange traded funds surged Thursday after Canadian cannabis growers reported some stellar quarterly results. Among the best performing non-leveraged ETFs of Thursday, the ETFMG Alternative Harvest ETF (NYSEArca: MJ) advanced 8.2%, Cambria Cannabis ETF (TOKE) increased 5.2%, Global X Cannabis ETF (NASDAQ: POTX) surged 10.6%, AdvisorShares Pure Cannabis ETF (YOLO) gained 4.9%, [...] Read more at ETFtrends.com.

Exchange traded fund investors can consider a strategy to incorporate a hedged equity position into a portfolio as a way to mitigate tail risk while seeking upside market participation. In the recent webcast, Reduce Market Downside Risk with a New Approach to Hedge Equity Portfolios, Jamie Atkinson, Managing Director, Head of Global Sales, Swan Global [...] Read more at ETFtrends.com.

U.S. markets and stock exchange traded funds were mostly higher Thursday, as investors waited on President-elect Joe Biden’s plans for another round of coronavirus stimulus. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 0.1%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.4%, and iShares Core S&P 500 ETF (NYSEArca: IVV) gained 0.2%. [...] Read more at ETFtrends.com.

Nearly three years to the day from the launch of its first ETFs, American Century Investments rolled out the global asset management firm’s first actively-managed low-volatility ETF, fittingly named the American Century Low-Volatility ETF (LVOL), listed on the NYSE Arca, starting Thursday. Designed for investors seeking capital appreciation, LVOL, with a total expense ratio of 0.29 [...] Read more at ETFtrends.com.

There’s no question that energy is rallying, with the S&P 500 Energy Sector Index up over 40% within the last three months. ETF investors looking to get an alternative play on energy can do so via master limited partnerships with a fund like the Global X MLP ETF (MLPA), which is up over 13% to [...] Read more at ETFtrends.com.

U.S. stocks are mixed to slightly higher again on Thursday as traders consider a larger economic stimulus package and more sanguine vaccine news, pushing aside weak economic data and continuing political turmoil. The Dow Jones Industrial Average advanced 0.41%, while the S&P 500 gained 0.3%. The tech-heavy Nasdaq Composite is slightly lower on the day [...] Read more at ETFtrends.com.

China’s dominance in the rare earth metals industry can keep on fueling the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX). A number of the fund’s top holdings are in China, which also gives investors international exposure. REMX, which is up over 70% in the past year alone, seeks to replicate as closely as possible, before [...] Read more at ETFtrends.com.