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
In recent trading, shares of Structure Therapeutics Inc (Symbol: GPCR) have crossed above the average analyst 12-month target price of $48.80, changing hands for $50.42/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
Qualcomm Inc (Symbol: QCOM) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $19.78B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.88% yield, according to the most recent Dividend Channel ''DividendR
Historically, The end of the market's worst month and the end of a quarter has been volatile, mainly to the downside. Bond yields are up, and so are oil prices. Equities are down, as is the price of gold. The personal consumption expenditure (PCE) index showed that inflation may
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When it rains it pours. VanEck announced Thursday that its proposed ethereum futures ETF is set to debut soon. The VanEck Ethereum Strategy ETF (EFUT) is set to begin trading on the Cboe Exchange on Monday, October 2. But it won’t be the only ethereum futures ETF to launch early next week. Since the announcement, the [...]
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Despite an up and down last few months, China remains a key market to consider for investors. U.S. investors especially may benefit from diversifying away from an expensive, top-heavy S&P 500, for example. Recent news about electric car sales, a relative positive in China this year, may intrigue investors thinking about a China ETF. A [...]
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After a relatively strong first half, equity performance turned volatile in the third quarter. Despite volatility and downturn, the NEOS S&P 500 High Income ETF (SPYI) generated better total returns than the S&P 500. The S&P 500 is on track to close down both for the month and for the quarter later today. Much remains uncertain [...]
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The First Trust Consumer Staples AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Friday, with over 466,000 shares traded versus three month average volume of about 82,000. Shares of FXG were up about 0.1% on the day.
In trading on Friday, the SPDR S&P Regional Banking ETF is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Customers Bancorp, up about 8.2% and shares of First Foundation, up about 6.1% on the day.
J.P. Morgan Asset Management today announced the launch of a new actively managed hedged equity ETF. The JPMorgan Hedged Equity Laddered Overlay ETF (NYSE Arca: HELO) invests in U.S. large-cap equities with a laddered options overlay. HELO seeks to provide downside protection while foregoing some upside potential. HELO seeks to capture a significant portion of [...]
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Is the Fed actually done with rate hikes? The answer is far from clear. While the Fed did pause rate hikes in September, officials at the central bank have been signaling further rates may be possible for months. With the Fed targeting 2% but running at a 3.7% inflation rate as of August, investors should [...]
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The Alerian MLP Infrastructure Index (AMZI) hit a key milestone earlier this week, reaching the highest level on a price appreciation basis since September 2019. AMZI is the underlying index for the Alerian MLP ETF (AMLP) and the ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB). The index is a capped, float-adjusted, cap-weighted composite of energy infrastructure [...]
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Like any recovering reporter, I like to keep tabs on my old beats, and the marijuana ETF space never disappoints. Or, perhaps more accurately, it never stops disappointing. That’s because, as an investment theme, marijuana has provided investors more hype and hope than return. For years, market observers have predicted cannabis was on the cusp [...]
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In trading on Friday, shares of the First Trust Enhanced Short Maturity ETF (Symbol: FTSM) crossed below their 200 day moving average of $59.57, changing hands as low as $59.42 per share. First Trust Enhanced Short Maturity shares are currently trading down about 0.4% on the d
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 1-3 Year Treasury Bond ETF (Symbol: SHY) where we have detected an approximate $502.0 million dollar inflow -- that's a 1.9% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the FBND ETF (Symbol: FBND) where we have detected an approximate $202.5 million dollar inflow -- that's a 4.1% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco MSCI USA ETF (Symbol: PBUS) where we have detected an approximate $169.1 million dollar inflow -- that's a 5.8% increase week over week in o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 3-7 Year Treasury Bond ETF (Symbol: IEI) where we have detected an approximate $237.5 million dollar inflow -- that's a 1.8% increase week o