Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI China ETF (Symbol: MCHI) where we have detected an approximate $177.7 million dollar inflow -- that's a 2.1% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Semiconductor ETF (Symbol: SOXX) where we have detected an approximate $163.7 million dollar inflow -- that's a 2.8% increase 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 The Utilities Select Sector SPDR Fund (Symbol: XLU) where we have detected an approximate $166.8 million dollar inflow -- that's a 1.0% increase wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Bloomberg High Yield Bond ETF (Symbol: JNK) where we have detected an approximate $166.4 million dollar inflow -- that's a 1.7% increase week o
In trading on Monday, shares of the iShares Russell Mid-Cap ETF (Symbol: IWR) crossed above their 200 day moving average of $69.42, changing hands as high as $69.61 per share. iShares Russell Mid-Cap shares are currently trading up about 0.9% on the day. The chart below shows
In trading on Monday, shares of the iShares Fallen Angels USD Bond ETF (Symbol: FALN) crossed above their 200 day moving average of $25.26, changing hands as high as $25.28 per share. iShares Fallen Angels USD Bond shares are currently trading up about 0.6% on the day. The ch
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Short-Term National Muni Bond ETF (Symbol: SUB) where we have detected an approximate $167.3 million dollar inflow -- that's a 1.5% increase
A look at the weighted underlying holdings of the Invesco S&P Spin-Off ETF (Symbol: CSD) shows an impressive 10.8% of holdings on a weighted basis have experienced insider buying within the past six months.
Concentrix Corp (Symbol: CNXC), which makes up 5.42% of the Invesc
After the year-end selloff, stock markets finished the first week of 2023 in positive territory. December’s jobs report showed a slightly cooling labor market in the U.S., with weaker growth in employee wages. This data suggests inflation is moving step by step towards the Fed’s target.
The Dow and S&P 500 each closed the week up 1.45% while the Nasdaq advanced 0.98%. The main European indexes fared even better as German inflation eased more than expected in December, for a second straight month, raising hopes that the ECB could slow its aggressive interest rate hikes. The MSCI EMU jumped 5.81% while the FTSE gained 3.32%.
In Asia, Chinese stocks notched a five-day winning streak on economic recovery hopes, despite COVID woes. The Shanghai Composite gained 2.21% week-over-week. By contrast, Japan’s Nikkei edged down 0.46%.
Most sectors in rally mode
One of the worst performing sectors of the S&P 500 in 2022, communication services, led the pack this week (+3.70%), helped by Meta Platforms (META). The social media giant's shares bounced back (+8.04%) due to the misfortune of its big rival across the Pacific Ocean, ByteDance. The Chinese company that operates the mega-popular TikTok short video sharing app has laid off about one-tenth of its employees.
Materials (+3.45%), financials (+3.33%), industrials (+2.72%) and real estate stocks (+2.40%) shined too.
On the flip side, health care posted the poorest performance (-0.19%). Energy was flat though WTI oil prices fell 8.09% on demand concerns. Tech stocks edged up 0.22%, weighed down by Microsoft stocks (MSFT, -6.21%) and Apple shares (APPL) to a lesser extent (-0.24%).
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
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
It’s not enough for investors to simply rely on the highest yields to extract maximum income. With so many headwinds aside from inflation buffeting around the markets, it’s necessary to get a proper risk mitigation strategy. Investors are well aware of recession risks that could hit the economy at any time, which could put a [...]
Read more at ETFtrends.com.
It’s reasonable to expect that in 2023, climate-driven and sustainability-focused investment strategies, including exchange traded funds, will receive plenty of attention. That could bring fresh focus to ETFs such as the SPDR MSCI USA Climate Paris Aligned ETF (NZUS) and the SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC), both of which track Paris-aligned benchmarks, making the [...]
Read more at ETFtrends.com.
Time will tell if 2023 is finally the year in which international stocks get their respective acts together and show signs of life against U.S. equities, but if that scenario materializes, investors should keep in mind that some avenues for tapping into that trend are better than others. Investors looking for international stocks with durable [...]
Read more at ETFtrends.com.
2023 marks the 30th anniversary of the U.S. ETF industry, and with the year just begun, it’s a good time to assess the 278 ETFs that are turning three years old, according to VettaFi. The three-year mark and track record is a coveted threshold for the strategies to prove their worth to investors, with three [...]
Read more at ETFtrends.com.
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 Flowers Foods, Inc. (Symbol: FLO) have crossed above the average analyst 12-month target price of $29.00, changing hands for $29.16/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v