Nasdaq ETFs

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 Fortis Inc (Symbol: FTS) have crossed above the average analyst 12-month target price of $45.66, changing hands for $45.82/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,

In recent trading, shares of Boise Cascade Co. (Symbol: BCC) have crossed above the average analyst 12-month target price of $71.75, changing hands for $73.14/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va

In recent trading, shares of Duolingo Inc (Symbol: DUOL) have crossed above the average analyst 12-month target price of $131.12, changing hands for $131.83/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua

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 Glaukos Corp (Symbol: GKOS) have crossed above the average analyst 12-month target price of $56.11, changing hands for $58.66/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati

In recent trading, shares of Urban Outfitters, Inc. (Symbol: URBN) have crossed above the average analyst 12-month target price of $28.08, changing hands for $28.27/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade

In recent trading, shares of C3.ai Inc (Symbol: AI) have crossed above the average analyst 12-month target price of $19.00, changing hands for $19.23/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, o

In recent trading, shares of Quaker Houghton (Symbol: KWR) have crossed above the average analyst 12-month target price of $209.50, changing hands for $212.63/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val

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

Tax-loss harvesting involves selling an investment at a loss, then reinvesting the proceeds of that sale into another asset. It’s one of the primary benefits that direct indexing boasts. Investors can’t sell individual failing stocks for tax-loss harvesting purposes within a mutual fund or ETF. They can, however, sell securities at a loss to offset [...] Read more at ETFtrends.com.

All eight indexes on our world watch list posted gains through May 8, 2023. France’s CAC 40 finished in the top spot with a YTD gain of 14.94%. Germany’s DAXK finished second with a YTD gain of 12.07%. Tokyo’s Nikkei 225 finished in the third spot with a YTD gain of 10.94%. World Indexes and Recent Recessions [...] Read more at ETFtrends.com.

Charles Schwab recently released the Independent Advisor Outlook Study (IAOS) for Spring 2023. A key theme in the study was how to grow advisory firms beyond just increasing assets under management. According to the forward by Managing Director, Head of Advisor Services Bernie Clark, “If there is an overarching story to this edition of IAOS, [...] Read more at ETFtrends.com.

In trading on Monday, shares of the XYLD ETF (Symbol: XYLD) crossed above their 200 day moving average of $40.63, changing hands as high as $40.65 per share. XYLD shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of XYLD sha

Last week in the AI sphere has been marked by significant developments, such as the impact of ChatGPT on Chegg’s earnings, and the potential disruption of their business model and others by generative artificial intelligence (AI). In addition, recent earnings reports have shed light on the current state of the AI market. Furthermore, in a [...] Read more at ETFtrends.com.

Investors are increasingly looking to the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) and the Invesco S&P 500 Low Volatility ETF (SPLV) as smart beta ETFs continue to play a significant role in portfolios. OMFL and SPLV are the top two funds by four-week flows across Invesco’s range of ETFs. OMFL has taken in $603 million in [...] Read more at ETFtrends.com.

As earnings season continues, equities remain largely afloat but as recession risk looms on the horizon, a number of asset classes face a challenging second half. For advisors and investors looking for non-correlated options to stocks and bonds, the iMGP DBi Managed Futures Strategy ETF (DBMF) continues to provide significant diversification opportunities for portfolios. Ongoing regional [...] Read more at ETFtrends.com.

Yields are back across all fixed income sectors with significant implications for advisors and their clients

Another week has passed, but crypto funds remain a leading source of return in ETFs right now. According to the latest data from Logicly, both crypto and cannabis-focused ETFs have led the way over the last week. Crypto overall has thawed from its “crypto winter” over the last few months. At the same time, cannabis [...] Read more at ETFtrends.com.