In recent trading, shares of Celanese Corp (Symbol: CE) have crossed above the average analyst 12-month target price of $127.69, changing hands for $127.87/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
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 Intuit Inc (Symbol: INTU) have crossed above the average analyst 12-month target price of $556.33, changing hands for $556.95/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
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
Since the start of the fourth quarter, physical gold mostly has been on an upswing. According to Kitco, the price of physical gold has risen nearly 8.5% during that time frame. On the first of October, the precious metal was valued at $1,824 and now sits at around $1,980. During that same period, it has [...]
Read more at ETFTrends.com.
In trading on Thursday, shares of the Oil Services ETF (Symbol: OIH) crossed below their 200 day moving average of $308.49, changing hands as low as $304.71 per share. Oil Services shares are currently trading down about 4.1% on the day. The chart below shows the one year per
The Invesco Dorsey Wright Energy Momentum ETF is seeing unusually high volume in afternoon trading Thursday, with over 199,000 shares traded versus three month average volume of about 27,000. Shares of PXI were down about 3.6% on the day.
In trading on Thursday, the Silver Miners ETF is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of Coeur Mining, up about 7.2% and shares of Hecla Mining, up about 5.2% on the day.
Many use market capitalization to gauge a company’s valuation and growth potential. However, during a webcast hosted by VettaFi, Michael Mack, Associate Portfolio Manager for VictoryShares and Solutions, noted how market capitalization can sometimes be misleading. If an investor were to just look at the market cap of a highly leveraged business, they could “be [...]
Read more at ETFTrends.com.
The Virtus Newfleet Short Duration Core Plus Bond ETF (NYSE Arca: SDCP) launched today on the New York Stock Exchange. The actively managed ETF invests primarily in investment-grade, short-duration debt securities from multiple bond sectors. SDCP seeks to provide a high level of total return, including current income, while limiting fluctuations in net asset value. [...]
Read more at ETFTrends.com.
VettaFi’s vice chairman Tom Lydon discussed the Global X SuperDividend® ETF (SDIV) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
Read more at ETFTrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SGOV ETF (Symbol: SGOV) where we have detected an approximate $110.5 million dollar outflow -- that's a 0.6% decrease week over week (from 179,100,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Germany ETF (Symbol: EWG) where we have detected an approximate $90.8 million dollar outflow -- that's a 8.2% decrease week over week (
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR Fund (Symbol: XLK) where we have detected an approximate $792.9 million dollar inflow -- that's a 1.5% increase we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Min Vol Factor ETF (Symbol: USMV) where we have detected an approximate $635.5 million dollar inflow -- that's a 2.3% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares J.P. Morgan USD Emerging Markets Bond ETF (Symbol: EMB) where we have detected an approximate $399.6 million dollar inflow -- that's a 3.2%
While the headlines for emerging markets (EM) weren’t great in 2022, things have picked up since last year. Local EM interest rates and currency markets have been quite compelling, thanks in part to high interest rates and decelerating inflation momentum. In fact, EM debt could offer attractive yields and diversification benefits in 2023. “The asset [...]
Read more at ETFTrends.com.
The S&P 500 has rallied in recent days and was up close to 20% for the year. However, heading into 2024, many advisors are exploring a range of investment ideas that offer exposure beyond the stock market. The focus is on lowering the risk profile of the portfolio via diversification. In a late October webcast [...]
Read more at ETFTrends.com.