In recent trading, shares of Rapid7 Inc (Symbol: RPD) have crossed above the average analyst 12-month target price of $51.14, changing hands for $51.75/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,
In recent trading, shares of Fair Isaac Corp (Symbol: FICO) have crossed above the average analyst 12-month target price of $908.67, changing hands for $918.29/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
In recent trading, shares of CVR Energy Inc (Symbol: CVI) have crossed above the average analyst 12-month target price of $32.25, changing hands for $32.29/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
In recent trading, shares of Pampa Energia SA (Symbol: PAM) have crossed above the average analyst 12-month target price of $41.60, changing hands for $43.71/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
On this episode of ETF Prime, host Nate Geraci speaks with a pair of individuals discussing several different ETF-related topics. His guests include VettaFi’s Tom Lydon, who discusses recent bitcoin ETF news, equity markets, and more. Geraci also speaks with Research Affiliates’ Rob Arnott, who gives his take on the currently market and smart beta’s future. [...]
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In trading on Tuesday, shares of the First Trust Rising Dividend Achievers ETF (Symbol: RDVY) crossed above their 200 day moving average of $46.26, changing hands as high as $46.65 per share. First Trust Rising Dividend Achievers shares are currently trading up about 0.9% on t
Investors looking to take advantage of high yields have been going on a buying spree with U.S. Treasuries. American households bought nearly $700 billion in Treasuries in the first half of the year. And according to the Financial Times, they’re on pace to buy $1.3 trillion in Treasuries for the year. Citing data from Goldman [...]
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The WisdomTree U.S. MidCap Fund ETF is seeing unusually high volume in afternoon trading Tuesday, with over 238,000 shares traded versus three month average volume of about 30,000. Shares of EZM were up about 1.7% on the day.
Once again, gold ETFs have earned a place of prominence among the top-performing ETFs. Gold strategies may be picking up interest and returns as a defensive play as uncertainty grows around a 2024 recession. The shiny metal tends to pick up interest as anxiety grows, and with the Fed’s campaign against inflation set for a [...]
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In trading on Tuesday, the SPDR S&P Regional Banking ETF is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of Metropolitan Bank Holding, up about 7.8% and shares of Mercantile Bank, up about 7.2% on the
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today year-to-date net inflows of US$596.75 billion are the 2nd highest on record.
The Income Strategy Symposium is coming up on October 27. VettaFi CMO Jon Fee interviewed VettaFi Head of Research Todd Rosenbluth in the leadup to the symposium. The Headlines Don’t Always Tell the Story Last month’s ETF headlines were all about crypto and the strength of the heavyweights in the equities. In an interview with [...]
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Top Performing Levered/Inverse ETFs Last Week These were last week’s top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (GDXU B-) MicroSectors Gold Miners 3X Leveraged ETN 22.11% (SHNY ) MicroSectors Gold 3X Leveraged ETNs 16.02% (NUGT B-) Direxion Daily [...]
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When it comes to investing in China, Core Values Alpha (CVA) will take an “America-first approach” with its first ETF. Therefore, CVA will invest in China, provided “American interests are not compromised,” according to portfolio manager Ben Harburg. The actively managed Core Values Alpha Greater China Growth ETF (NYSE Arca: CGRO) trades on the New [...]
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In trading on Tuesday, shares of the SPDR S&P Metals & Mining ETF (Symbol: XME) crossed above their 200 day moving average of $51.71, changing hands as high as $52.07 per share. SPDR S&P Metals & Mining shares are currently trading up about 2.2% on the day. Th
In trading on Tuesday, shares of the AVUV ETF (Symbol: AVUV) crossed above their 200 day moving average of $77.32, changing hands as high as $77.90 per share. AVUV shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of AVUV sh
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P 500 ETF (Symbol: IVV) where we have detected an approximate $2.6 billion dollar inflow -- that's a 0.8% increase 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 SPDR Portfolio High Yield Bond ETF (Symbol: SPHY) where we have detected an approximate $398.0 million dollar inflow -- that's a 20.6% 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 iBoxx $ High Yield Corporate Bond ETF (Symbol: HYG) where we have detected an approximate $618.5 million dollar inflow -- that's a 5.0% incr
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares Short S&P500, where 14,525,000 units were destroyed, or a 10.3% decrease week over week.