In recent trading, shares of Mirati Therapeutics Inc (Symbol: MRTX) have crossed above the average analyst 12-month target price of $54.28, changing hands for $62.38/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of Constellation Energy Corp (Symbol: CEG) have crossed above the average analyst 12-month target price of $107.44, changing hands for $107.88/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
In recent trading, shares of Crestwood Equity Partners LP (Symbol: CEQP) have crossed above the average analyst 12-month target price of $28.20, changing hands for $28.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down
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
A recent projection from the United Nations Trade and Development Report paints a positive picture for China investing. While significant concerns continue to beguile the U.S. economy as well as the European economy, China growth may appeal. The report sees the country growing 12 times faster this year and outpacing the continent again next year. [...]
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Not many ETFs can lay claim to as intriguing an approach as the ALPS Barron’s 400 ETF (BFOR). The equal weight growth ETF doesn’t just offer an equal weight variation on the U.S. total-market segment. Its application of growth at a reasonable price (GARP) methodology could potentially prove to be a very appealing option right [...]
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The Goldman Sachs Small Cap Core Equity ETF (NYSE Arca: GSC) began trading on the New York Stock Exchange. The actively managed ETF seeks long-term capital growth by investing in small-cap equities. Goldman Sachs’ fundamental equity U.S. small-cap investment team selects holdings through an active, bottom-up approach. The team focuses on quality and strong valuation [...]
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Investors can use multifactor ETFs to safeguard portfolio gains achieved year to date. U.S. equities fell sharply last month, ending the third quarter in the red. The benchmark S&P 500 posted its second consecutive month of broad declines, marking the first time the benchmark had fallen in two consecutive months this year. While many investors [...]
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Arch Indices has launched its debut exchange traded fund today that seeks to meet long-term investment goals while minimizing volatility. The Arch Indices VOI Absolute Income ETF (NYSE Arca: VWI) is a multi-asset fund targeting dividend stocks and bond ETFs. VWI tracks the Arch Indices VOI Core Absolute Income Index. The index typically comprises 60 [...]
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The First Trust Dorsey Wright International Focus 5 ETF is seeing unusually high volume in afternoon trading Thursday, with over 842,000 shares traded versus three month average volume of about 69,000. Shares of IFV were up about 0.5% on the day.
At the September FOMC meeting, the Fed left rates unchanged but used hawkish rhetoric to signal that rates will stay higher for longer. Even though inflationary pressures appear to be under control for now… consumer spending is still strong. Historically, inflation has been known to remain sticky, as evidenced in the 1970s high inflationary environment. [...]
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Gold prices have dropped significantly lately, reaching yet another milestone-low as investors saw the price of gold drop below $1,870 per ounce last week. This is the lowest the precious metal has fallen in the past six months. The trend continued early in the first week of October as investors saw it fall under $1,840 [...]
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In trading on Thursday, the Uranium ETF is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of UR Energy, up about 5% and shares of Mega Uranium, up about 4.7% on the day.
And underperforming other ETFs today
VettaFi’s vice chairman Tom Lydon discussed the iMGP DBi Managed Futures Strategy ETF (DBMF) 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.
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U.S. investors are beset by ongoing government logjams, expensive stocks, concentration risk, and an interminable Fed fight vs. inflation. So it’s no surprise investors are looking abroad. Emerging markets strategies have picked up notable interest from investors, with the above just some of the reasons why. One nation seeing a lot of that interest, India, [...]
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With a more than 40-year heritage of value investing, Brandes made its debut in the ETF market today. The firm launched three actively managed equity ETFs, leveraging a partnership with Goldman Sachs ETF Accelerator. The Brandes U.S. Value ETF (BUSA), the Brandes U.S Small-Mid-Cap Value ETF (BSMC), and the Brandes International Equity ETF (BINC) are [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Intermediate-Term Treasury ETF (Symbol: VGIT) where we have detected an approximate $1.3 billion dollar inflow -- that's a 8.0% increase we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Value ETF (Symbol: VTV) where we have detected an approximate $610.7 million dollar inflow -- that's a 0.6% increase week over week in outs
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Russell 1000 Growth ETF (Symbol: VONG) where we have detected an approximate $607.9 million dollar inflow -- that's a 4.7% increase week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) where we have detected an approximate $785.1 million dollar inflow -- that's a 2.1% increase week o