Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Biotechnology ETF (Symbol: IBB) where we have detected an approximate $152.7 million dollar outflow -- that's a 1.9% decrease week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P Mid-Cap 400 Value ETF (Symbol: IJJ) where we have detected an approximate $140.1 million dollar outflow -- that's a 1.7% decrease we
Several stocks plummeted or soared yesterday on news that S&P was removing or adding them to its S&P Mid-Cap 400 and S&P Small-Cap 600 indexes.
Take Park Aerospace (NYSE: PKE), which dropped 10% upon news that it’d be removed from the S&P Small-Cap 600 index. Or Kennedy-Wilson (
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 Dick's Sporting Goods, Inc (Symbol: DKS) have crossed above the average analyst 12-month target price of $132.26, changing hands for $146.79/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
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
Interpublic Group of Companies Inc. (Symbol: IPG) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.5% yield, as well as being recognized by prominent asset manage
In recent trading, shares of Squarespace Inc (Symbol: SQSP) have crossed above the average analyst 12-month target price of $25.30, changing hands for $27.54/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
Old Republic International Corp. (Symbol: ORI) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.9% yield, as well as a superb track record of at least two decades of dividend grow
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
On the most recent episode of ETF Prime, VettaFi’s Stacey Morris, head of energy research, offered analysis on the happenings in the energy sector in 2023 and related ETFs to keep an eye on. JPMorgan’s Bryon Lake, global head of ETF solutions, chatted about the firm’s active management approach and rapid growth within the ETF [...]
Read more at ETFtrends.com.
The stock market rally so far this year seems based largely on speculation rather than fundamentals. Investors appear hopeful the Federal Reserve will soon return to a policy of cheap and abundant liquidity while ignoring the Fed’s repeated warnings to the contrary. Speculation and bubbles require significant liquidity. Economic fundamentals do not point to the [...]
Read more at ETFtrends.com.
Judges on the U.S. Court of Appeals for the D.C. Circuit appeared to lean toward Grayscale Investments when it heard arguments Tuesday morning between the firm and the U.S. Securities and Exchange Commission in a lawsuit over regulator’s refusals to allow the $14 billion Grayscale Bitcoin Trust (GBTC) to convert into an ETF. The outcome [...]
Read more at ETFtrends.com.
Many analysts believed that the Federal Reserve was nearing the end of its rate hike cycle, as inflation was coming down and the U.S. central bank’s latest interest rate increase of 25 basis points was far less aggressive than previous rate hikes. Fed Chairman Jerome Powell on Tuesday suggested that rates will likely climb higher [...]
Read more at ETFtrends.com.
The SPDR S&P 500 ESG ETF is seeing unusually high volume in afternoon trading Tuesday, with over 745,000 shares traded versus three month average volume of about 63,000. Shares of EFIV were off about 1.6% on the day.
The SPDR S&P 500 ESG ETF is seeing unusually high volume in afternoon trading Tuesday, with over 745,000 shares traded versus three month average volume of about 63,000. Shares of EFIV were off about 1.6% on the day.
Actively managed ETFs have started 2023 well, seeing 40% of total ETF flows this year compared to less than 14% last year. The actively managed class of ETFs was also the focus of a conversation between VettaFi’s head of research Todd Rosenbluth and TD Ameritrade host Renita Young on “The Watch List” on Tuesday. 📈 [...]
Read more at ETFtrends.com.
In trading on Tuesday, shares of the Invesco KBW Bank ETF (Symbol: KBWB) crossed below their 200 day moving average of $54.38, changing hands as low as $53.77 per share. Invesco KBW Bank shares are currently trading off about 3.8% on the day. The chart below shows the one yea
Advisors have all kinds of arrows in their quiver, tuned for whichever scenario their clients are looking at — just starting out, prepping a college fund (or two), or approaching retirement. Knowing what tools are available is a critical part of the job, and with a recession not just a possibility, but a likelihood according [...]
Read more at ETFtrends.com.