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
Managed futures are a strong portfolio diversifier and have gained ground with investors in the last eighteen months. DBi seeks to replicate the average performance of the largest managed futures hedge funds with their fund the iMGP DBi Managed Futures Strategy ETF (DBMF) and recently discussed mutual fund replication. DBi rose to prominence last year with [...]
Read more at ETFTrends.com.
In trading on Thursday, shares of the Vanguard Mid-Cap Value ETF (Symbol: VOE) crossed above their 200 day moving average of $137.21, changing hands as high as $137.43 per share. Vanguard Mid-Cap Value shares are currently trading up about 1.2% on the day. The chart below sho
In trading on Thursday, shares of the DIREXION FINANCIAL BULL 3X SHARES ETF (Symbol: FAS) crossed above their 200 day moving average of $68.67, changing hands as high as $69.23 per share. DIREXION FINANCIAL BULL 3X SHARES shares are currently trading up about 2.6% on the day.
In trading on Thursday, shares of the SPDR Dow Jones REIT ETF (Symbol: RWR) crossed above their 200 day moving average of $90.06, changing hands as high as $90.15 per share. SPDR Dow Jones REIT shares are currently trading up about 1.9% on the day. The chart below shows the o
In trading on Thursday, shares of the iShares MSCI Switzerland ETF (Symbol: EWL) crossed above their 200 day moving average of $45.39, changing hands as high as $45.45 per share. iShares MSCI Switzerland shares are currently trading up about 0.8% on the day. The chart below s
In trading on Thursday, shares of the WisdomTree U.S. SmallCap Dividend Fund ETF (Symbol: DES) crossed above their 200 day moving average of $29.12, changing hands as high as $29.14 per share. WisdomTree U.S. SmallCap Dividend Fund shares are currently trading up about 1.8% on
In trading on Thursday, shares of the iShares Europe ETF (Symbol: IEV) crossed above their 200 day moving average of $49.45, changing hands as high as $49.47 per share. iShares Europe shares are currently trading up about 1.2% on the day. The chart below shows the one year pe
Despite expected increases in the August headline YoY and MoM CPI (consumer price index) report, the likelihood of a hike at the next FOMC meeting (Sept. 20) is low. At the Jackson Hole symposium, Powell expressed a more patient approach. The CME FedWatch Tool currently shows an 8% chance of an increase. However, the Fed [...]
Read more at ETFTrends.com.
By Cinthia Murphy Pricing a product or a service is tricky for any business. A price too high can see assets find their way to a competing product or service; a price too low can see you working for free. That is true in ETFs as well. Product providers trying to figure out expense ratios for [...]
Read more at ETFTrends.com.
Retail investors in Japan are continuing to increase their use of ETFs. Retail investors are trading and investing in ETFs listed in the United States via on-line brokers platforms in Japan.
The latest CPI print showed U.S. inflation accelerated for a second consecutive month in August. Consumer prices increased 3.7% in that month from a year prior, up from 3.2% in July, the Labor Department said on Wednesday. The increase was largely driven by a spike in gasoline prices, which were up 10.6% during the month. [...]
Read more at ETFTrends.com.
Looking for a managed futures ETF? Managed futures strategies appeal to investors looking for total return, with such funds becoming increasingly popular in recent years. With market uncertainty spiking somewhat globally as growth slows in some markets, investing in an alternative-type strategy like a managed futures ETF may appeal. One such strategy, the KFA Mount [...]
Read more at ETFTrends.com.
The iShares Morningstar Multi-Asset Income ETF is seeing unusually high volume in afternoon trading Thursday, with over 113,000 shares traded versus three month average volume of about 25,000. Shares of IYLD were up about 0.5% on the day.
In trading on Thursday, the iShares MSCI Global Metals & Mining Producers ETF is outperforming other ETFs, up about 3.5% on the day. Components of that ETF showing particular strength include shares of Schnitzer Steel Industries, up about 5.8% and shares of Olympic Steel,
Peter Knez is currently the Chairman of Venom Foundation, a new “layer 0” blockchain focusing on connecting real world businesses and institutions to Web3.
VettaFi’s vice chairman Tom Lydon discussed the iShares MSCI USA Quality Factor ETF (QUAL) 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.
The inflation story has been one of the market’s key narratives this year. Investors, advisors, and all kinds of market watchers have been watching each data drop for clues about the Federal Reserve’s next moves. The latest CPI print is no exception, another data point that invites scrutiny from those trying to predict further hikes [...]
Read more at ETFTrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the UNG ETF, which added 9,800,000 units, or a 6.0% increase week over week.