In recent trading, shares of Wright Medical Group NV (Symbol: WMGI) have crossed above the average analyst 12-month target price of $29.34, changing hands for $29.41/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
In recent trading, shares of HEICO Corp (Symbol: HEI) have crossed above the average analyst 12-month target price of $96.22, changing hands for $100.70/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of Janus Henderson Group plc (Symbol: JHG) have crossed above the average analyst 12-month target price of $20.93, changing hands for $21.01/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
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 itse
In trading on Monday, shares of the iShares Micro-Cap ETF (Symbol: IWC) crossed above their 200 day moving average of $86.64, changing hands as high as $86.96 per share. iShares Micro-Cap shares are currently trading up about 2.5% on the day. The chart below shows the one ye
The coronavirus outbreak continues to wreak havoc in the United States as around 36 states are now reporting a rising number of infected cases. Going by Johns Hopkins University data, the United States has already seen around 2.54 million confirmed cases, with a death toll of at
The coronavirus pandemic continues to spread in the United States as the economy is reopening in phases. The United States alone has recorded more than 2.4 million cases and a death toll of more than 124,000. Per a Bloomberg report, 180,000 Americans are expected to die due to
The U.S. ETF industry is now valued at $4.29 trillion, with about 2,338 funds from 154 sponsors, per xtf.com. Further, a considerable number of ETFs are in the pipeline, pointing to growing investor interest for exchange-traded products in this market.
Last week was downbeat for Wall Street with the S&P 500 losing about 2.9%, the Nasdaq shedding about 1.9% and the Dow Jones retreating 3.3%. In fact, on Jun 24, Wall Street logged its worst dailyand percentage decline since Jun 11, according to Dow Jones Market Data.
In trading on Monday, the SPDR— S&P— Regional Banking ETF is outperforming other ETFs, up about 4.4% on the day. Components of that ETF showing particular strength include shares of Great Western Bancorp, up about 9.6% and shares of Ameris Bancorp, up about 9.4% on th
First Trust ISE-Revere Natural Gas Index Fund FCG topped the list of the best-performing ETFs in the second quarter with impressive returns of 73%.This is especially true as oil price made the greatest comeback in history after collapsing to below zero (to negative $40) on Apr 2
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 Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $85.7 million dollar outflow -- that's a 0.2% decrease week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Bloomberg Barclays Short Term High Yield Bond ETF (Symbol: SJNK) where we have detected an approximate $98.0 million dollar outflow -- that
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the USO ETF (Symbol: USO) where we have detected an approximate $136.8 million dollar outflow -- that's a 2.9% decrease week over week (from 173,823,60
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the FNDF ETF (Symbol: FNDF) where we have detected an approximate $129.2 million dollar outflow -- that's a 3.0% decrease week over week (from 186,100,
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P Small-Cap 600 Value ETF (Symbol: IJS) where we have detected an approximate $136.4 million dollar outflow -- that's a 3.0% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR— Fund (Symbol: XLK) where we have detected an approximate $274.1 million dollar outflow -- that's a 0.9% decrea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the MINT ETF (Symbol: MINT) where we have detected an approximate $106.7 million dollar inflow -- that's a 0.8% increase week over week in outstanding
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares National Muni Bond ETF (Symbol: MUB) where we have detected an approximate $196.2 million dollar inflow -- that's a 1.2% increase week over