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

In recent trading, shares of Pinduoduo Inc (Symbol: PDD) have crossed above the average analyst 12-month target price of $68.78, changing hands for $71.30/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati

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

Jackson Hole The annual conference of central bankers has kicked off in Jackson Hole, WY and we want to address the opening statements made by Fed Chair Jerome Powell. We typically do not want to inundate readers with minute-by-minute commentary. However, the Federal Reserve is the driver of much of the market at this time [...] Read more at ETFtrends.com.

Persistent inflation and subsequent policy shifts from global central banks have raised the specter of recession over the U.S. economy. Commodities have historically performed well during recessions, however, and could give investors an anchor in worst-case scenarios. Beyond that, the asset class also has strong long-term fundamentals, as raw material demand has surged due to [...] Read more at ETFtrends.com.

Gold and related exchange traded funds slid for the fifth consecutive month, marking their worst losing streak in four years after the Federal Reserve signaled it will do whatever it takes to contain record-high inflationary pressures. The SPDR Gold Shares (GLD) dropped 2.2% over the past month and declined 6.1% year-to-date. Meanwhile, Comex gold futures [...] Read more at ETFtrends.com.

By Cinthia Murphy This has been a great year for portfolio diversifiers that in ETF land populate what’s known as the alternatives category. Highly correlated markets have made it challenging to find much of a diversification punch among traditional assets, but alternatives ETFs are reminding us that diversification is out there if you are willing [...] Read more at ETFtrends.com.

As traders readjust for a more bearish outlook in the wake of the Federal Reserve’s hawkish stance, exchange traded fund investors could turn to inverse or short alternative strategies to hedge further market risks. For instance, traders funneled $154.4 million into the ProShares Short S&P500 (SH), which takes a simple inverse or -100% daily performance [...] Read more at ETFtrends.com.

International currency moves will impact investors’ foreign equity allocations, but investors can turn to currency-hedged exchange traded fund strategies to mitigate the foreign exchange risks and provide a purer play on the underlying overseas markets. In the upcoming webcast, A Strategy to Thrive in a Strong U.S. Dollar Environment, Jason Chen, senior research analyst at [...] Read more at ETFtrends.com.

Zoom reported second-quarter earnings last week, which beat consensus expectations for eps but missed on revenues, sending shares of the video-telephony software company down 16%.   Revenue grew 8% on a year-over-year basis, slowing down in response to churn in non-enterprise online customers as small businesses reacted to the recessionary environment by slashing budgets. ARK [...] Read more at ETFtrends.com.

Cleveland Federal Reserve President Loretta Mester, a voting member of the Federal Open Market Committee that votes on interest rate policy, said in a speech Wednesday that she anticipates benchmark fed funds rates will need to be greater than 4% with zero rate cuts through 2023 minimum. It’s an aggressively hawkish stance compared to current [...] Read more at ETFtrends.com.

The iShares U.S. Healthcare ETF is seeing unusually high volume in afternoon trading Wednesday, with over 375,000 shares traded versus three month average volume of about 64,000. Shares of IYH were down about 0.1% on the day.

In trading on Wednesday, the Invesco China Technology ETF is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Weibo, up about 6.5% and shares of Autohome, up about 4.8% on the day.

In trading on Wednesday, shares of the PDBC ETF (Symbol: PDBC) crossed below their 200 day moving average of $17.51, changing hands as low as $17.42 per share. PDBC shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of PDBC

Exchange traded funds are touted for their tax efficiency, and while they are more tax efficient than, say, a mutual fund, they can still incur taxes on their distributions. Come tax season, many ETF investors learn the hard way that not all distributions are created equal and come to appreciate the importance of understanding the [...] Read more at ETFtrends.com.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Silver Trust (Symbol: SLV) where we have detected an approximate $217.9 million dollar outflow -- that's a 2.5% decrease week over week (fro

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $176.7 million dollar outflow -- that's a 0.3% decrease week ove

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the KWEB ETF (Symbol: KWEB) where we have detected an approximate $152.8 million dollar outflow -- that's a 2.3% decrease week over week (from 228,500,0