In trading on Friday, shares of the iShares U.S. Consumer Staples ETF (Symbol: IYK) crossed above their 200 day moving average of $195.37, changing hands as high as $196.59 per share. iShares U.S. Consumer Staples shares are currently trading up about 2% on the day. The chart
The SPDR S&P 400 Mid Cap Growth ETF is seeing unusually high volume in afternoon trading Friday, with over 722,000 shares traded versus three month average volume of about 102,000. Shares of MDYG were up about 3% on the day.
By Mark Krizman and Cel Kulasekaren Whether the continuing trend to ESG oriented investment is motivated by a desire to do good or the expectation of flow-driven superior performance, exposure to risky assets still carries the risk of significant drawdowns, even for assets that deliver superior relative performance. It may therefore be prudent to approach [...] Read more at ETFtrends.com.
Launching today, the Nuveen Global Net Zero Transition ETF (NASDAQ: NTZG) will express conviction in the ongoing transition of the global economy to “net zero” carbon emissions. NTZG is an actively managed global equity ETF seeking to outperform the MSCI All Country World Index (ACWI) with a focus on carbon emissions reductions. In seeking to [...] Read more at ETFtrends.com.
In trading on Friday, the Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 5.3% on the day. Components of that ETF showing particular strength include shares of MP Materials, up about 6.7% and shares of Tronox Holdings, up about 5.9% on the day.
The largest U.S. banks passed the Federal Reserve Board’s annual stress test with flying colors, showing that they have enough capital to continue lending during a severe recession. Under a hypothetical severe economic downturn, the 34 lenders with more than $100 billion in assets that were tested remained well above their minimum capital requirements, despite [...] Read more at ETFtrends.com.
Russia’s invasion of Ukraine was a reminder to the world about the threat of war. More and more, wars are a matter of who has the best technology at their disposal, and innovation is key in associated sectors such as aerospace/defense. On the space front, there’s also innovation taking the sector to a whole new [...] Read more at ETFtrends.com.
The uncertain bond market is certainly affecting product preference across the board, including passive, income-focused exchange traded funds (ETFs). With rates rising and eroding bond income, passive funds may come out of favor, but that opens the door for active ETFs. “This might reflect the negative impact of the current raging inflation environment on fixed-income [...] Read more at ETFtrends.com.
Meet a Strategist is a weekly feature where Evan Harp talks to different strategists about how their firms are responding to the current moment. This week, he sat down with Bryan Novak, partner, senior managing director, and portfolio manager with Astor Investment Management. Evan Harp: What’s keeping your clients up at night? Bryan Novak: This [...] Read more at ETFtrends.com.
Cybersecurity has been a hot button topic during the pandemic as internet usage has spiked amid all the social distancing restrictions. In addition, Russia’s threat of a cyberattack further boosted the need for cybersecurity, justifying the need for U.S. President Joe Biden to sign two bills into law. Biden signed two bipartisan bills that focused [...] Read more at ETFtrends.com.
Market volatility could be pushing traders back into bonds again. After a 75-basis point rate hike, an aggressive U.S. Federal Reserve could be pushing rates to the point where it could hamper growth. As such, a deluge of safe haven capital could be flowing into bonds. Talks of a recession are already swirling in 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 MSCI Taiwan ETF (Symbol: EWT) where we have detected an approximate $124.7 million dollar outflow -- that's a 2.6% 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 SPDR Portfolio Short Term Corporate Bond ETF (Symbol: SPSB) where we have detected an approximate $133.6 million dollar outflow -- that's a 1.8% dec
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the FNDA ETF (Symbol: FNDA) where we have detected an approximate $125.7 million dollar outflow -- that's a 2.4% decrease week over week (from 115,950,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Consumer Discretionary Select Sector SPDR Fund (Symbol: XLY) where we have detected an approximate $247.8 million dollar outflow -- that's a 1.7
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
In recent trading, shares of SailPoint Technologies Holdings Inc (Symbol: SAIL) have crossed above the average analyst 12-month target price of $62.45, changing hands for $63.09/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to reac
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
Checked
47 seconds ago
This feed is responsible for generating the rss feed related to the topic ETFs