Nasdaq ETFs

In recent trading, shares of Cigna Corp (Symbol: CI) have crossed above the average analyst 12-month target price of $316.05, changing hands for $316.58/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio

VettiFi head of research Todd Rosenbluth appeared on Bloomberg’s Trillions podcast to discuss the ETF graveyard along with Athanasios Psarofagis and Katie Greifeld. About 100 ETFs have played the proverbial chess match with Death and found themselves wanting. The ETF launch to ETF demises ratio this year was about 4:1, down from last year’s 7:1, [...] Read more at ETFtrends.com.

The U.S. has notably become a major energy exporter in recent years, including taking the title of top LNG exporter in the first half of 2022. There has been tremendous growth in U.S. production of oil and natural gas, and midstream companies are responsible for transporting oil and natural gas and ensuring it is in [...] Read more at ETFtrends.com.

It’s been a tough time for China tech stocks. Stringent COVID lockdowns and a property market crash have hit the world’s second-largest economy – and sector – hard. After President Xi Jinping consolidated power with a third term and packed the Politburo standing committee with loyalists, Chinese tech stocks took a nosedive on Monday. Tech giants [...] Read more at ETFtrends.com.

The Dow Jones Industrial Average has hit its fifth consecutive day of positive closes in a volatile week of earnings, resulting in the Nasdaq and S&P 500 ending a three-day rally on Wednesday, dragged down by their technology exposures to close at a loss both Wednesday and Thursday. The Dow rallied on higher-than-expected third-quarter GDP, [...] Read more at ETFtrends.com.

In trading on Thursday, shares of the Invesco DB Agriculture Fund ETF (Symbol: DBA) entered into oversold territory, changing hands as low as $19.70 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used

It’s been a rough year for bond markets, with 2022 shaping up to be the worst period for fixed income since at least 1926 (if not the late 18th Century). With markets continuing to be volatile, many investors are bracing for annual investment losses. The one upside, however, is that investors can write off these [...] Read more at ETFtrends.com.

VettaFi’s vice chairman Tom Lydon discussed the FCF US Quality ETF (TTAC) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Free cash flow is the key ingredient to TTAC. Introducing the fund, Lydon said, “show me the money, Chuck!” Most general U.S. market index funds don’t focus on quality and free [...] Read more at ETFtrends.com.

Investors looking for equities suddenly have more than a few options to consider in this mini-market rally. Whether markets have really priced in Fed action or a possible recession already or not, investors should take a look at healthcare ETFs offering consistency in a strong year for health insurers and pharmaceutical firms. The likes of [...] Read more at ETFtrends.com.

The Dow Jones Industrial Average may be the most well-known index in the U.S. Yes, even more than the S&P 500. Developed by Charles Henry Dow, the Dow (as it’s now often referred to) just contained 12 companies when it first began in 1896. Now, the index consists of 30 of the best blue-chip stocks [...] Read more at ETFtrends.com.

More companies are committing to a climate pledge but Brad Smith, president of Microsoft, believes that most don’t have the capability or capacity currently to meet those pledges, reported CNBC. Microsoft estimates that there are currently 3,470 companies globally that have created some sort of climate plan that focuses on reducing emissions to meet 2050 [...] Read more at ETFtrends.com.

The iShares ESG MSCI USA Leaders ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.5 million shares traded versus three month average volume of about 109,000. Shares of SUSL were up about 0.2% on the day.

On Monday, VettaFi wrote that equal weight sector ETFs were better positioned to hold steady if Big Tech companies were to report disappointing third-quarter earnings. So far, they have. An equal weight approach is particularly impactful for indexes comprising Big Tech companies, as they tend to dominate market cap-weighted indexes and have an outsized impact.  [...] Read more at ETFtrends.com.

By Doug Sandler, CFA, Head of Global Strategy SUMMARY In a Bear Market: Defense matters – We have lowered stock weightings. Position sizing matters – Due to the greater volatility. Yield matters – Hence our preference for ‘PATTY’ themes. Here’s how this Reality has Played out in our Balanced Portfolios for Bear Markets The Major [...] Read more at ETFtrends.com.

Capital Group launched three active bond exchange traded funds on the New York Stock Exchange today. The three new strategies are: The Capital Group Short Duration Income ETF (NYSE Arca: CGSD), a short-duration income fund that pursues high-quality income with low interest rate sensitivity. The Capital Group Municipal Income ETF (NYSE Arca: CGMU), a core [...] Read more at ETFtrends.com.

Politics is about what should be. Investing is about what is. It has always been important to separate one’s political views from one’s investment portfolio.  Politicians’ goals typically attempt to support some vision of a better society.  Investors’ goals are to maximize returns.  These two goals can sometimes go hand-in-hand, but they often do not. [...] Read more at ETFtrends.com.

Summary The US Strategic Petroleum Reserve (SPR) was founded in the wake of the 1973-74 oil embargo to help insulate the US from the impact of a severe oil supply interruption. This year, the Biden Administration announced the largest drawdown in SPR history as Russia’s invasion of Ukraine and related supply concerns drove a spike [...] Read more at ETFtrends.com.

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares U.S. Technology ETF, which added 21,250,000 units, or a 25.9% increase week over week. Among the largest underlying components of IYW, in

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES, where 18,900,000 units were destroyed, or a 4.6% decrease week over week.