In recent trading, shares of Life Storage Inc (Symbol: LSI) have crossed above the average analyst 12-month target price of $115.30, changing hands for $116.61/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
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
Investors seeking momentum may have iShares Global Consumer Staples ETF KXI on radar now. The fund recently hit a new 52-week high. Shares of KXI are up approximately 40.4% from their 52-week low of $41.46/share.
By Salvatore J. Bruno, Chief Investment Officer and Managing Director, IndexIQ Author’s note: The accelerated pace with which we have been bombarded with news during 2020 has been astonishing. As we’ve touched on in several of our blog posts and updates this year, looking back on a just-ended month often feels as though you’re looking several [...] Read more at ETFtrends.com.
By Jeremy Schwartz, CFA, Global Head of Research, WisdomTree Last week’s Behind the Markets podcast reflected on the market environment following the election and what lessons can be learned from the polls ahead of this election with Wharton Professor Jeremy Siegel, Brian Wesbury, chief economist at First Trust, and pollster John Zogby. This weekend, the Associated Press finally called [...] Read more at ETFtrends.com.
By Craig Lazzara, Managing Director and Global Head of Index Investment Strategy, S&P Dow Jones Indices Journalists and others occasionally offer comparisons of capitalization-weighted index funds with other weighting schemes. Some of these efforts are more useful than others, but none, in my experience, identify the question that cap-weighted indices were initially designed to answer, and which accounts for their enduring economic [...] Read more at ETFtrends.com.
By John van Moyland, Managing Director, S&P Global Head of S&P Kensho Indices, S&P Dow Jones Indices Introducing the S&P Kensho Moonshots Index – Next-Generation Innovators Innovation risk ranks as one of the most significant existential threats faced by companies today. The Fourth Industrial Revolution, and the attendant widespread disruption to the global economy, has significantly amplified an already established [...] Read more at ETFtrends.com.
By Salvatore J. Bruno, Chief Investment Officer and Managing Director, IndexIQ Since the onset of the ongoing pandemic, we’ve all had to come to grips with a new way of living and a new acronym – WFH, or “work from home.” The trendlines are startling. The impact has spread across the real estate sector and can be [...] Read more at ETFtrends.com.
By Michael Barrer, Associate Director of Capital Markets, WisdomTree Many of you are familiar with the key ETF best trading practices and order types: Avoid trade in the first or last 15 minutes of the day, don’t use market orders and know how to use your trading desk and capital markets resources. What is less commonly known, but extremely [...] Read more at ETFtrends.com.
By Frank Holmes Last Saturday, Joe Biden was named president-elect. In hindsight, the market clearly predicted this outcome. As I showed you back in August, if the S&P 500 is up between July 31 and October 31 before an election, it has historically favored the incumbent party. And if it’s down, it has favored the [...] Read more at ETFtrends.com.
By Frank Holmes Gold ended the trading session down 4.41% on Monday, November 9, its worst one-day slump since mid-August, on promising coronavirus vaccine news. Despite the selloff, the yellow metal has had an extraordinary year. Fueled by historic amounts of fiscal stimulus and negative-yielding debt, as well as economic and geopolitical uncertainty, the price [...] Read more at ETFtrends.com.
By DWS The U.S. elections and a Covid-19 vaccine breakthrough have provoked an upheaval in capital markets. Euphoria prevails, with foreseeable pitfalls. With regard to the U.S. elections, the market has shown remarkable flexibility, finding positives in a scenario it previously viewed as bad. With markets already buoyant, surprise positive vaccine news added to the [...] Read more at ETFtrends.com.
By VanEck On Tuesday, October 26, VanEck held its first ever, virtual Gold Insights Afternoon with VanEck & Friends. The idea behind the afternoon was to create a combination of timely insights, actionable ideas and solutions to challenges we have heard from investors. We believe the event was a success and we certainly enjoyed hosting it. [...] Read more at ETFtrends.com.
The utility sector has come up with mixed results so far this earnings season. Of the 96.4% S&P companies in the sector that have reported, 77.8% beat bottom-line estimates, while 40.7% surpassed revenue estimates. Earnings rose 2.8% while revenues declined 3.1% year over yea
Socially responsible investing is more than a feel-good investment as they can generate long-term returns. Investors should seize the opportunities with climate change. Anand Mahindra, Chairman of the Mahindra Group, said in an interview with State Street Global Advisors that there has been a false choice between profit and sustainability. “The fact is that sustainability [...] Read more at ETFtrends.com.
Exchange traded fund investors who are looking for growth opportunities should consider what it means to invest in innovation and how those investments will be impacted by changes in policy. In the recent webcast, Election Reaction: The Innovation Economy, Brian Levitt, Global Market Strategist, Invesco, helped outline what to expect from the markets that are [...] Read more at ETFtrends.com.
With so much going on and potentially about to change, there’s a lot to take in from experts who understand some of the bigger themes deserving focus. We’ve collected leading ETF industry experts and thought leaders to offer their expert insights on the rising importance of ESG investing, the best new thinking on factors, the [...] Read more at ETFtrends.com.
The coronavirus crisis has not spared the telecom sector. Firms within the sector had to incur higher costs associated with bad debt, production shutdowns and expenses related to retail store closures, leading to lower equipment sales and advertising revenues. Players in the sect
By Matthew J Bartolini, Head of SPDR Americas Research, CFA Fixed income and thematic ETFs continued to see strong inflows in October; bond ETFs took in more than $19 billion Amid mixed sentiment, equity ETFs posted below-average flows of just $11 billion It is virtually impossible to author an October monthly commentary prior to the November 2020 [...] Read more at ETFtrends.com.