CVS Health Corporation (Symbol: CVS) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a staggering $11.70B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 3.24% yield, according to the most recent Dividend Channel
Eaton Corp plc (Symbol: ETN) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.0% yield, as well as being recognized by prominent asset managers as being a sociall
In recent trading, shares of (Symbol: FUTU) have crossed above the average analyst 12-month target price of $51.55, changing hands for $51.77/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-a
In recent trading, shares of Texas Instruments Inc. (Symbol: TXN) have crossed above the average analyst 12-month target price of $183.10, changing hands for $184.24/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 GrafTech International Ltd (Symbol: EAF) have crossed above the average analyst 12-month target price of $4.77, changing hands for $4.83/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In trading on Thursday, shares of the SPDR S&P Regional Banking ETF (Symbol: KRE) entered into oversold territory, changing hands as low as $43.30 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator use
Investors are planning to seek opportunities within fixed income if rates continue to rise. According to a recent survey of 120 U.S. institutional investors conducted by CoreData Research, nearly half (47%) of U.S. institutional investors plan to increase their allocation to fixed income if the Fed increases interest rates to around 5% as expected. Under [...]
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At a time when equity markets are continuing to wobble, high-yield bonds are currently benefiting from elevated coupon income and are less risky than equities in the current economic environment. The latest rate hike from the Federal Reserve has also contributed to an environment in which high-yield bond funds have become increasingly attractive to investors. [...]
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Stocks stand to benefit if the Fed eases up on the brakes Continued concerns about the health of the U.S. banking system and economy have some investors convinced that the Fed would soon end its campaign of inflation-fighting interest rate hikes in an effort to support overall financial conditions. Expectations about Fed policy have shifted [...]
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VettaFi’s vice chairman Tom Lydon discussed the ProShares Bitcoin Strategy ETF (BITO) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Bitcoin has been moving in interesting directions recently, making BITO a timely play. “We’ve seen a nice trend here, Chuck, and it’s interesting. When you look at the inception of [...]
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Alibaba (BABA) made a big announcement this week that may have gotten lost in ongoing bank crisis and Fed-related media coverage. The firm plans to split into six main groups as a first step towards stock listings for some, an expansionary move that arrives just as the firm’s founder, Jack Ma, returned from months abroad. [...]
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ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that assets of US$457 billion are invested in ETFs industry in Japan at the end of February.
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that ETFs industry in Europe gathered net inflows of US$8.61 billion during February.
UBS has launched the ETRACS Solactive Whitney US Critical Technologies ETN (NYSE Arca: WUTC) as part of the bank’s ETRACS platform of exchange traded notes. The ETN consists of senior unsecured debt securities issued by UBS that mature on March 13, 2053. According to the prospectus, WUTC provides unleveraged long exposure to the performance of [...]
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The iShares U.S. Oil Equipment & Services ETF is seeing unusually high volume in afternoon trading Thursday, with over 3.0 million shares traded versus three month average volume of about 425,000. Shares of IEZ were off about 0.9% on the day.
In trading on Thursday, the Invesco Solar ETF is outperforming other ETFs, up about 2.8% on the day. Components of that ETF showing particular strength include shares of Sunnova Energy International, up about 6.5% and shares of Emeren Group, up about 6.1% on the day.
Summit Global Investments announced the launch of its debut exchange traded fund, the SGI Dynamic Tactical ETF (Nasdaq: DYTA). The new active, semi-transparent ETF trades on the Nasdaq. DYTA is a tactical ETF looking for long-term capital appreciation focused on mitigating risk. The fund seeks to participate in rising equity markets, reducing risk when fundamental [...]
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Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares ESG Aware MSCI USA ETF, where 14,750,000 units were destroyed, or a 8.5% decrease week over week. Among the largest underlying comp
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI USA Quality Factor ETF, which added 17,150,000 units, or a 8.8% increase week over week. Among the largest underlying components of Q
In trading on Thursday, shares of the iShares 0-5 Year High Yield Corporate Bond ETF (Symbol: SHYG) crossed above their 200 day moving average of $41.19, changing hands as high as $41.20 per share. iShares 0-5 Year High Yield Corporate Bond shares are currently trading up abou