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
The war in Ukraine has accelerated stress in the energy markets. It appears that significantly higher energy prices will be with us for some time. The energy crisis is impacting traditional oil and gas markets, as well as highlighting the companies shifting to cleaner and more sustainable technologies. In the upcoming webcast, Capitalizing on the [...] Read more at ETFtrends.com.
Technology stocks are in the midst of one of their worst declines in over a decade, and some warn that things could get worse before turning for the better. Anxious investors who are wary of another beating in the growth segment can turn to inverse or bearish exchange traded funds to hedge against further risks. [...] Read more at ETFtrends.com.
A Japanese yen-related exchange traded fund is reeling, with the currency touching a fresh two-decade low. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY), which tracks the yen against the U.S. dollar, fell 1.2% on Wednesday. FXY has declined 13.4% year-to-date. Meanwhile, the yen hit 134 against the U.S. dollar Wednesday, its lowest level since February [...] Read more at ETFtrends.com.
The next meeting of the Federal Reserve will be held mid-week next week, with all indicators pointing to another 0.50% interest rate increase. In an environment of rising rates where equities and bonds have both proven fairly problematic in their performance, focus within bonds has turned to whether the U.S. Treasury yield has peaked or [...] Read more at ETFtrends.com.
With a targeted disruptive innovation biotechnology-related exchange traded fund strategy, investors can focus on companies driving change in targeted therapeutics, bioinformatics, CRISPR technology, and more. In the recent webcast, Change the DNA of Your Portfolio: Growth Opportunities Through Genomics, Nicholas Grous, associate portfolio manager at ARK Invest, highlighted five innovation platforms that will experience long-term [...] Read more at ETFtrends.com.
Crude oil and crude ETFs are approaching monthly highs not seen since March, as ongoing inflation and the summer driving season arrives. Consumers continue to experience pain at the pump, and it doesn’t appear likely they will get a reprieve anytime soon, according to analysts. “A large spike in prices remains quite possible this summer,” [...] Read more at ETFtrends.com.
May’s Rebound Despite negative returns in April and market turbulence throughout May, equities finished marginally higher for the month. US small-caps were amongst the best performers (+1.9%), followed by international developed equities (+1.7%) and US value (+1.7%). Bonds also delivered mostly positive returns as investment grade corporates were up 1.9%, high yield credits rose 1.6%, [...] Read more at ETFtrends.com.
Shares of Roku are surging Wednesday amid speculation that the provider of streaming services could be acquired by Netflix, Barron’s reported. Roku (ROKU) stock is surging 11.5%, at $ 104.17, during Wednesday morning trading. If that number holds, it would be the stock’s highest close since early May. Shares have plummeted 72% in the past [...] Read more at ETFtrends.com.
In Latin America, success is breeding success — and the startup mindset within the region is accelerating. Latin America is teeming with new ventures and innovative startups thanks to an ecosystem that fosters entrepreneurship and attracts venture capital. Within every market in the region is an ecosystem where employees of successful startups like Nubank or [...] Read more at ETFtrends.com.
The technological efficiencies of blockchain aren’t just for the financial sector, as the healthcare sector is also looking to maximize its potential for use in patient records. This opens the door for opportunities in blockchain technology investments by retail investors. “On the healthcare side, blockchain can make information both more accessible and more private, as [...] Read more at ETFtrends.com.
The iShares Core MSCI Pacific ETF is seeing unusually high volume in afternoon trading Wednesday, with over 6.5 million shares traded versus three month average volume of about 86,000. Shares of IPAC were off about 1.1% on the day.
Capital Group is focused on spreading the word about its new active ETFs, according to the firm’s head of ETF product, Scott Davis. “This year we’re really focused on getting our initial suite of six ETFs up and running,” Davis told NYSE’s Judy Shaw for ETF Leaders, powered by the New York Stock Exchange. “And [...] Read more at ETFtrends.com.
Midstream has continued to rally this year on strong demand and high energy prices The enthusiasm for midstream investments has yet to subside, and with bountiful growth opportunities ahead, the momentum is likely to continue. The Alerian MLP ETF (AMLP) took in $97 million in net inflows in May, bringing the year-to-date tally up to [...] Read more at ETFtrends.com.
The S&P 500 Utilities index is up almost 4% year-to-date while the broader index is languishing at a 13.5% loss. Despite rising consumer prices, everybody needs utilities, giving traders an opportunity to capitalize on utilities exposure. “The sector is the second-best performing one in the U.S. behind energy year to date, trouncing the S&P 500 [...] 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 0-5 Year TIPS Bond ETF (Symbol: STIP) where we have detected an approximate $139.0 million dollar inflow -- that's a 1.1% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P Biotech ETF (Symbol: XBI) where we have detected an approximate $163.3 million dollar inflow -- that's a 2.7% increase week over week i
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 500 Value ETF (Symbol: SPYV) where we have detected an approximate $172.6 million dollar inflow -- that's a 1.3% increase wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Small-Cap ETF (Symbol: IJR) where we have detected an approximate $217.9 million dollar inflow -- that's a 0.3% increase week o