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
The Nasdaq-100® underwent a “Special Rebalance” in July, but what does that mean for advisors and investors looking to capture the top-performing tech companies this year? The following is a guide to why the rebalance became necessary and the changes the Index underwent. The remarkable performance of technology mega-cap companies this year led to pronounced [...]
Read more at ETFTrends.com.
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn.
Read more at ETFTrends.com.
The largest U.S. banks by asset size generally reported robust third-quarter earnings. Although for many of those banks, the strong results may not be clear based on their post-earnings stock-price action. That said, the earnings picture was the complete opposite for most regional banks, many of which are still reeling after the banking crisis earlier [...]
Read more at ETFTrends.com.
In trading on Friday, shares of the iShares Broad USD High Yield Corporate Bond ETF (Symbol: USHY) crossed above their 200 day moving average of $34.99, changing hands as high as $35.09 per share. iShares Broad USD High Yield Corporate Bond shares are currently trading up abou
In trading on Friday, shares of the Fallen Angel High Yield Bond ETF (Symbol: ANGL) crossed above their 200 day moving average of $27.43, changing hands as high as $27.48 per share. Fallen Angel High Yield Bond shares are currently trading up about 1.2% on the day. The chart
In trading on Friday, shares of the AVEM ETF (Symbol: AVEM) crossed above their 200 day moving average of $53.38, changing hands as high as $53.54 per share. AVEM shares are currently trading up about 2% on the day. The chart below shows the one year performance of AVEM share
In trading on Friday, shares of the TILT ETF (Symbol: TILT) crossed above their 200 day moving average of $162.07, changing hands as high as $164.97 per share. TILT shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of TILT s
In trading on Friday, shares of the HYLB ETF (Symbol: HYLB) crossed above their 200 day moving average of $34.17, changing hands as high as $34.22 per share. HYLB shares are currently trading up about 1% on the day. The chart below shows the one year performance of HYLB share
In trading on Friday, shares of the FNDE ETF (Symbol: FNDE) crossed above their 200 day moving average of $26.43, changing hands as high as $26.44 per share. FNDE shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of FNDE sha
In trading on Friday, shares of the iShares 0-5 Year High Yield Corporate Bond ETF (Symbol: SHYG) crossed above their 200 day moving average of $41.19, changing hands as high as $41.25 per share. iShares 0-5 Year High Yield Corporate Bond shares are currently trading up about
Hello, VettaFi Voices! We are 10 months into 2023, and we are likely hitting a record number of ETF launches this year. Closures have been going gangbusters as well. Are there any trends you’re seeing that are interesting regarding new ETFs, or any funds in particular that seemed especially exciting when they launched this year? [...]
Read more at ETFTrends.com.
The SPDR S&P China ETF is seeing unusually high volume in afternoon trading Friday, with over 293,000 shares traded versus three month average volume of about 52,000. Shares of GXC were up about 2.8% on the day.
In trading on Friday, the ARK Genomic Revolution ETF is outperforming other ETFs, up about 7.9% on the day. Components of that ETF showing particular strength include shares of Nurix Therapeutics, up about 19.2% and shares of Prime Medicine, up about 16.3% on the day.
On this episode of “What Makes That Ticker Tick,” VettaFi CMO Jon Fee caught up with Jane Edmondson, co-founder and CEO of EQM Indexes and the new head of thematic strategy at VettaFi, to discuss the EQM High Income Pass-Through Securities Index (HIPSTR). Fee and Edmondson explored a number of different topics, including the index’s [...]
Read more at ETFTrends.com.
Small caps haven’t had the easiest time over the last few years but could be positioned for a positive upswing. Small caps are historically cheap right now, with the Russell 2000’s forward p/e ratio 20% or so below its 10-year average. For the right firms or the right index, that presents a solid opening. At [...]
Read more at ETFTrends.com.
If the Federal Reserve isn’t done raising interest rates, many advisors believe they’re at least close to being done. And according to Brian Donnelly, fixed income strategist at Fidelity Investments, that’s good news for bond funds. See more: “Consider High Yield Bond ETF FDHY” In a VettaFi conducted poll, attendees responded to questions asking what [...]
Read more at ETFTrends.com.
Having launched just months ago, the active ETF TCAF is on the precipice of $300 million in AUM. The T. Rowe Price Capital Appreciation Equity ETF (TCAF), which had already surpassed $200 million in September, sat just $6 million away from its next threshold to start November. With active strategies having a strong year in [...]
Read more at ETFTrends.com.
In trading on Friday, shares of the iShares Fallen Angels USD Bond ETF (Symbol: FALN) crossed above their 200 day moving average of $25.02, changing hands as high as $25.07 per share. iShares Fallen Angels USD Bond shares are currently trading up about 0.8% on the day. The ch