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
European equities should see a green stretch ahead thanks to the new stimulus and reopening of economies. The European Commission recently unveiled a plan to borrow 750 billion euros ($826.5 billion) on the market and then disburse to EU countries, which will include 500 billion
U.S. consumer confidence gained in May, suggesting that the worst of the coronavirus-driven economic deterioration is probably a matter of the past. The economy was shut down in mid-March and marked the deepest contraction in the first quarter since the Great Recession. There we
Just as coronavirus-induced market volatility started to pass thanks to the reopening of global economy, investor concerns about rising tensions between the United States and China undermined the optimism. U.S. stock futures are negative at the time of writing.
The First Trust SSI Strategic Convertible Securities ETF is seeing unusually high volume in afternoon trading Friday, with over 927,000 shares traded versus three month average volume of about 95,000. Shares of FCVT were up about 0.4% on the day.
In trading on Friday, the Silver Miners ETF is outperforming other ETFs, up about 3.1% on the day. Components of that ETF showing particular strength include shares of Pan American Silver, up about 9.4% and shares of Coeur Mining, up about 9.3% on the day.
Global X Cannabis ETF POTX topped the list of the best-performing ETFs of May with impressive returns of about 30%.The rally was primarily driven by speculation that marijuana might help to prevent the deadly COVID-19 disease. A New York Post report showed that some strains of m
In a broad market rally this month driven by optimism over a potential coronavirus vaccine, the reopening of the economy and a massive stimulus, small-cap stocks have outperformed. This is especially true as the Russell 2000 Index has risen nearly 7% in a month compared with a g
In trading on Friday, shares of the ETF (Symbol: BAB) crossed above their 200 day moving average of $32.01, changing hands as high as $32.03 per share. shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of BAB shares, vers
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 U.S. Growth ETF (Symbol: IUSG) where we have detected an approximate $44.8 million dollar outflow -- that's a 0.5% decrease we
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 Value ETF (Symbol: IWD) where we have detected an approximate $154.3 million dollar outflow -- that's a 0.4% 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 iShares 7-10 Year Treasury Bond ETF (Symbol: IEF) where we have detected an approximate $85.1 million dollar outflow -- that's a 0.4% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the GSLC ETF (Symbol: GSLC) where we have detected an approximate $110.5 million dollar inflow -- that's a 1.4% 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 First Trust Value Line Dividend Index Fund (Symbol: FVD) where we have detected an approximate $43.1 million dollar outflow -- that's a 0.5% decrea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the DBEF ETF (Symbol: DBEF) where we have detected an approximate $53.9 million dollar outflow -- that's a 1.4% decrease week over week (from 130,550,8
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— Oil & Gas Exploration & Production ETF (Symbol: XOP) where we have detected an approximate $44.9 million dollar outflow
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Short S&P500 (Symbol: SH) where we have detected an approximate $90.5 million dollar outflow -- that's a 2.3% 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 The Financial Select Sector SPDR— Fund (Symbol: XLF) where we have detected an approximate $122.0 million dollar inflow -- that's a 0.7% increase