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 itself.
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 itself.
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 itself.
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 itself.
In trading on Wednesday, shares of the First Trust Global Tactical Commodity Strategy Fund ETF (Symbol: FTGC) crossed below their 200 day moving average of $23.61, changing hands as low as $23.59 per share. First Trust Global Tactical Commodity Strategy Fund shares are currentl
On Wednesday, First Trust announced the launch of the First Trust Bloomberg R&D Leaders ETF (RND). RND has a net expense ratio of 0.60%. The fund is benchmarked to the Bloomberg R&D Leaders Select Index. The Bloomberg index selects assets in companies that are deemed to provide shareholder value through investing in the company’s growth. [...]
Read more at ETFTrends.com.
The one-two punch of inflation and interest rates have been the biggest storylines for markets over the last year or so. Now, with the Fed appearing set to hold rates this week, the conversation has turned heavily towards inflation as the key challenge for markets. That may inspire investors to look towards ETFs that can [...]
Read more at ETFTrends.com.
The interest rate narrative remains complex, with conflicting economic data resulting in an ever-shifting tide of investor sentiment. For investors looking to capture income opportunities through high quality bonds, the Fidelity Investment Grade Bond ETF (FIGB) is a fund to consider. FIGB recently crossed the three-year mark since its inception, having launched in March 2021. [...]
Read more at ETFTrends.com.
On Wednesday, Allianz Investment Management bolstered its ETF lineup with the release of the AllianzIM U.S. Large Cap 6 Month Buffer10 May/Nov ETF (SIXZ). SIXZ has a net expense ratio of 0.74% and is actively managed. The fund’s goal is to match the performance of the SPDR S&P 500 ETF Trust (SPY). As one of [...]
Read more at ETFTrends.com.
Calamos Launches S&P 500® Structured Alt Protection ETF™ – May (CPSM), Announces 9.81% Upside Cap Rate with 100% Downside Protection Over One Year CPSM’s 9.81% cap compares favorably with the 8%, 20-year average price return of the S&P 500. The Calamos Structured Protection suite combines Calamos’ decades-long alternatives and options investing expertise within the liquid, [...]
Read more at ETFTrends.com.
The First Trust Merger Arbitrage ETF is seeing unusually high volume in afternoon trading Wednesday, with over 144,000 shares traded versus three month average volume of about 25,000. Shares of MARB were up about 0.2% on the day.
Components of that ETF with the highest volume
In trading on Wednesday, the Uranium ETF is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of UR Energy, up about 5.1% and shares of Nexgen Energy, up about 3.4% on the day.
And underperforming other ETFs to
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Capital Strength ETF, where 15,050,000 units were destroyed, or a 12.6% decrease week over week. Among the largest underlying c
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Silver Trust, which added 14,000,000 units, or a 3.1% increase week over week.
And on a percentage change basis, the ETF with the biggest
Fixed income ETFs are a hot topic across North America. As we have written, TMX VettaFi hosted in mid-May a symposium for more than 600 people. We tapped into the expertise of some of the leading voices in the U.S. ETF market. This week, TMX VettaFi helped host an in-person event in Toronto, Canada. Many [...]
Read more at ETFTrends.com.
In trading on Wednesday, shares of the IBTF ETF (Symbol: IBTF) crossed below their 200 day moving average of $23.15, changing hands as low as $23.08 per share. IBTF shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of IBTF s
In trading on Wednesday, shares of the ProShares Bitcoin Strategy ETF (Symbol: BITO) entered into oversold territory, changing hands as low as $23.15 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
A look at the weighted underlying holdings of the iShares MSCI USA Value Factor ETF (Symbol: VLUE) shows an impressive 10.9% of holdings on a weighted basis have experienced insider buying within the past six months.
Bristol Myers Squibb Co. (Symbol: BMY), which makes up 1.42%
In trading on Wednesday, shares of the Vanguard Ultra-Short Bond ETF (Symbol: VUSB) crossed below their 200 day moving average of $49.30, changing hands as low as $49.24 per share. Vanguard Ultra-Short Bond shares are currently trading trading flat on the day. The chart below
In trading on Wednesday, shares of the SGOV ETF (Symbol: SGOV) crossed below their 200 day moving average of $100.47, changing hands as low as $100.30 per share. SGOV shares are currently trading down about 0.4% on the day. The chart below shows the one year performance of SGO