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
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
Thought to ponder… “The purpose of setting goals is to win the game. The purpose of building systems is to continue playing the game. True long-term thinking is goal-less thinking. It’s not about any single accomplishment. It is about the cycle of endless refinement and continuous improvement. Ultimately, it is your commitment to the process [...]
Read more at ETFtrends.com.
In trading on Wednesday, shares of the SPDR Bloomberg International Treasury Bond ETF (Symbol: BWX) crossed below their 200 day moving average of $22.38, changing hands as low as $22.36 per share. SPDR Bloomberg International Treasury Bond shares are currently trading off abou
In trading on Wednesday, shares of the RPAR ETF (Symbol: RPAR) entered into oversold territory, changing hands as low as $18.88 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
In trading on Wednesday, shares of the Gold Miners ETF (Symbol: GDX) entered into oversold territory, changing hands as low as $30.82 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure mome
Uncertainty around interest rates, inflation, and the possibility of recession are top of mind as advisors allocate to fixed income ETFs. Most investors are staying within the short to intermediate part of the curve, opting for balanced fixed income exposure as opposed to making big bets. “The front end of the curve — even if [...]
Read more at ETFtrends.com.
In trading on Wednesday, shares of the NFRA ETF (Symbol: NFRA) crossed below their 200 day moving average of $51.14, changing hands as low as $50.99 per share. NFRA shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of NFRA
In trading on Wednesday, shares of the iShares Currency Hedged MSCI EAFE ETF (Symbol: HEFA) crossed below their 200 day moving average of $30.23, changing hands as low as $30.02 per share. iShares Currency Hedged MSCI EAFE shares are currently trading off about 1.2% on the day
In trading on Wednesday, shares of the ProShares S&P 500 Dividend Aristocrats ETF (Symbol: NOBL) crossed below their 200 day moving average of $90.00, changing hands as low as $89.26 per share. ProShares S&P 500 Dividend Aristocrats shares are currently trading off abo
In trading on Wednesday, shares of the iShares MSCI USA Min Vol Factor ETF (Symbol: USMV) crossed below their 200 day moving average of $71.99, changing hands as low as $71.82 per share. iShares MSCI USA Min Vol Factor shares are currently trading down about 0.5% on the day.
The Invesco S&P MidCap 400 Revenue ETF is seeing unusually high volume in afternoon trading Wednesday, with over 120,000 shares traded versus three month average volume of about 25,000. Shares of RWK were down about 1% on the day.
In trading on Wednesday, the iShares Cybersecurity and Tech ETF is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Rapid7, up about 7.7% and shares of Palo Alto Networks, up about 7.1% on the day.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares iBoxx $ Investment Grade Corporate Bond ETF, which added 11,300,000 units, or a 3.6% increase week over week.
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 Ultra Bloomberg Natural Gas, where 43,700,000 units were destroyed, or a 11.9% decrease week over week.
Treasury yields soared this week as markets remain tense over debt ceiling negotiations. 3-month Treasury yields reached two decade highs and continue to climb with investors taking note in the NEOS Enhanced Income Cash Alternative ETF (CSHI). Yields for the 2-year and 10-year Treasury hit two-month highs this week as debt ceiling negotiations drag on. [...]
Read more at ETFtrends.com.
In trading on Wednesday, shares of the First Trust Dow Jones Global Select Dividend Index Fund ETF (Symbol: FGD) crossed below their 200 day moving average of $21.76, changing hands as low as $21.75 per share. First Trust Dow Jones Global Select Dividend Index Fund shares are
In trading on Wednesday, shares of the Copper Miners ETF (Symbol: COPX) crossed below their 200 day moving average of $35.28, changing hands as low as $35.06 per share. Copper Miners shares are currently trading off about 2.5% on the day. The chart below shows the one year pe