In trading on Friday, shares of the First Trust Managed Municipal ETF (Symbol: FMB) crossed below their 200 day moving average of $50.39, changing hands as low as $50.28 per share. First Trust Managed Municipal shares are currently trading off about 0.4% on the day. The chart
The Invesco DWA Momentum ETF is seeing unusually high volume in afternoon trading Friday, with over 264,000 shares traded versus three month average volume of about 27,000. Shares of PDP were down about 0.4% on the day.
In trading on Friday, the First Trust NYSE Arca Biotechnology Index Fund ETF is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of Ionis Pharmaceuticals, up about 7% and shares of Acadia Pharmaceuticals, up a
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the UNG ETF, where 10,100,000 units were destroyed, or a 5.6% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Ultra VIX Short-Term Futures ETF, which added 21,400,000 units, or a 13.1% increase week over week.
In trading on Friday, shares of the iShares California Muni Bond ETF (Symbol: CMF) crossed below their 200 day moving average of $56.38, changing hands as low as $56.27 per share. iShares California Muni Bond shares are currently trading down about 0.6% on the day. The chart
In trading on Friday, shares of the JMST ETF (Symbol: JMST) crossed below their 200 day moving average of $50.54, changing hands as low as $50.52 per share. JMST shares are currently trading off about 0.1% on the day. The chart below shows the one year performance of JMST sha
Financial advisors are faced today with dueling demands. On one side, clients want personalization and customization while, on the other, the business needs standardization and streamlining to scale. The exchange-traded fund wrapper has been an interesting tool in the pursuit of meeting both those needs. In some of our recent research, we’ve explored the ancillary [...]
Read more at ETFtrends.com.
In trading on Friday, shares of the Vanguard Tax-Exempt Bond ETF (Symbol: VTEB) crossed below their 200 day moving average of $49.73, changing hands as low as $49.68 per share. Vanguard Tax-Exempt Bond shares are currently trading off about 0.3% on the day. The chart below sh
In trading on Friday, shares of the Intermediate Muni ETF (Symbol: ITM) entered into oversold territory, changing hands as low as $45.56 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure m
In trading on Friday, shares of the iShares California Muni Bond ETF (Symbol: CMF) entered into oversold territory, changing hands as low as $56.27 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used t
In trading on Friday, shares of the Intermediate Muni ETF (Symbol: ITM) crossed below their 200 day moving average of $45.58, changing hands as low as $45.56 per share. Intermediate Muni shares are currently trading down about 0.6% on the day. The chart below shows the one ye
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the DIREXION DAILY 20-YR TREASURY BULL 3X SHRS (Symbol: TMF) where we have detected an approximate $161.9 million dollar inflow -- that's a 10.7% increa
While the ETF industry has grown significantly in recent years, there are still “firsts” to be had. X-Square Capital can now lay claim to one of them, launching the very first Puerto Rico Muni ETF. The X-Square Municipal Tax Income Free ETF (ZTAX) invests not only in Puerto Rico bonds but also in U.S. Virgin [...]
Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Staples Select Sector SPDR Fund (Symbol: XLP) where we have detected an approximate $125.2 million dollar inflow -- that's a 0.7% incre
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Health Care Select Sector SPDR Fund (Symbol: XLV) where we have detected an approximate $91.5 million dollar inflow -- that's a 0.2% increase we
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 Onto Innovation Inc (Symbol: ONTO) have crossed above the average analyst 12-month target price of $99.20, changing hands for $99.48/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of Guidewire Software Inc (Symbol: GWRE) have crossed above the average analyst 12-month target price of $81.50, changing hands for $81.54/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade