Nasdaq ETFs

In recent trading, shares of Elastic NV (Symbol: ESTC) have crossed above the average analyst 12-month target price of $133.54, changing hands for $135.00/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati

In recent trading, shares of Artisan Partners Asset Management Inc (Symbol: APAM) have crossed above the average analyst 12-month target price of $47.75, changing hands for $48.00/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to re

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

In recent trading, shares of Autohome Inc (Symbol: ATHM) have crossed above the average analyst 12-month target price of $94.37, changing hands for $95.04/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati

On Thursday, Exchange Traded Concepts (ETC) announced that, in conjunction with QRAFT Technologies, it is launching the QRAFT AI-Enhanced U.S. Next Value ETF (NYSE: NVQ). The Fund began trading on the New York Stock Exchange on December 3, 2020. “We are proud to expand our relationship with Qraft by offering a fourth ETF with the firm,” [...] Read more at ETFtrends.com.

Ballast Asset Management (“Ballast”), a fundamental equity manager, launched the Ballast Small/Midcap ETF (NYSE: MGMT) on Thursday. This is one of the first ETFs to trade small capitalization equities actively. In Ballast’s opinion, small and mid-cap companies comprise a market segment that is both inefficient and poised for growth. Ballast seeks stellar management teams leading high-quality, smaller [...] Read more at ETFtrends.com.

On Thursday, MicroSectors Gold Miners ETNs announce they are expanding their MicroSectors brand with the launch of two Gold Miners ETNs, the MicroSectors Gold Miners 3X Leveraged ETN (GDXU) and the MicroSectors Gold Miners -3X Inverse Leveraged ETN (GDXD). The ETNs have begun trading on the NYSE Arca. GDXU and GDXD offer daily resetting +3x leverage & -3x [...] Read more at ETFtrends.com.

As U.S. markets rallied over November in a show of relief over the election day results and promising Covid-19 vaccines, stock exchange traded funds enjoyed record interest among investors. “With the markets striking a decidedly risk-on tone, investors turned to ETFs to implement positions quickly, and with precision. Given the strength in equity markets, equity [...] Read more at ETFtrends.com.

Both stock index ETFs and biotech stocks and ETFs have been on a tear lately thanks to promising coronavirus vaccine developments from several major pharmaceutical companies. But this week, the U.K. became the first country to authorize Pfizer’s coronavirus vaccine for emergency use, which is likely to increase pressure on the U.S. Food and Drug [...] Read more at ETFtrends.com.

Exchange traded fund investors should consider the importance of a geopolitical framework for investing to help one better understand what these geopolitical shifts mean for investment portfolios. In the recent webcast, Geopolitical Risk: Elections, Lockdowns, and Continual Disruptions, John Sitilides, Geopolitical Strategist, Trilogy Advisors, noted that while the U.S. election has consumed our attention, it [...] Read more at ETFtrends.com.

November stood out as a strong month for Wall Street. The Dow Jones Industrial Average rose 11.8% in November, its best one-month performance since January 1987. The other broader indices S&P 500 and Nasdaq Composite also rallied 10.8% and 11.8%, respectively, delivering thei

Equity exchange traded funds enjoyed robust inflows over November, overtaking the fixed-income side in new creations for the year, as investors chased after the stock market rally. Fixed-income ETFs initially saw huge inflows in 2020, outpacing investments into the equity ETF side after the coronavirus-induced sell-off caused many to shift into the relative safety of [...] Read more at ETFtrends.com.

U.S. markets and stock exchange traded funds slipped toward the end of the Thursday’s session after Covid-19 vaccine hopes and a fall in weekly jobless claims helped propel the major indices toward records. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was flat, the SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was unchanged, and the iShares Core [...] Read more at ETFtrends.com.

With the Dow Jones Industrial Average stock index breaking above 30,000 once again and the SPDR Dow Jones Industrial Average ETF (DIA) rising on Thursday, at least one analyst now feels that the famed, 30-stock index has the potential to reach the 40,000-point mark by new year, breathing further life into stocks and ETFs. According to Patrick Spencer, [...] Read more at ETFtrends.com.

Tesla stock is surging today after a note late Wednesday from Mark Delaney, where the Goldman analyst raised his rating on Tesla stock to buy from neutral and adjusted his annual target from 455 to 780, the highest on Wall Street. The move seems to be helping to elevate ETFs holding the company as well. Tesla [...] Read more at ETFtrends.com.

Stocks and index ETFs are gaining on Thursday due to better-than-projected unemployment data and optimism over a stimulus plan. The Dow Jones Industrial Average rallied 0.57%, thanks in part to a 7% surge in Boeing shares. The S&P 500 advanced 0.3%, and the Nasdaq Composite added 0.6% to notch a new all-time high. Major stock [...] Read more at ETFtrends.com.

The vast corporate bond market is rife with data that is conducive to analytics. VanEck was quick to recognize the opportunity and collaborate with ratings company Moody’s to create the VanEck Vectors Moody’s Analytics IG Corporate Bond ETF (MIG). MIG seeks to track, as closely as possible, before fees and expenses, the price and yield [...] Read more at ETFtrends.com.

As difficult as it may be, when you look for positive things in 2020, you may cite the internet of things (IoT). Among many other things, the internet has helped to facilitate communication amidst a pandemic stressing the need for social distancing. It is certainly benefitting the Global X Internet of Things ETF (SNSR). Per [...] Read more at ETFtrends.com.

Ally Invest’s Lindsey Bell favors dividend aristocrats and has said that “they were up 12% in the month of November. Not only do they outperform the S&P 500 on a long-term basis, but they do so in a less volatile manner. So, you’re building a nice diverse base by having