It’s been a volatile journey for marijuana stocks in the past year. Earnings weakness, regulatory issues, “longer-than-anticipated product rollouts and overly enthusiastic forward estimates” hit the space hard. Most stocks lost more than half of their value.
The iShares Global Healthcare ETF is seeing unusually high volume in afternoon trading Wednesday, with over 359,000 shares traded versus three month average volume of about 98,000. Shares of IXJ were up about 0.5% on the day.
In trading on Wednesday, the Invesco Solar ETF is outperforming other ETFs, up about 6.8% on the day. Components of that ETF showing particular strength include shares of Enphase Energy, up about 36.7% and shares of Solaredge Technologies, up about 12.5% on the day.
Coronavirus, now officially known as Covid-19, continues to wreak havoc, with the death toll risingto more than 2000 globally and the number of confirmed cases crossing the 75,000 mark. Globally, the coronavirus has spread to around 28 countries, with the maximum cases observed
Gold has been gaining strong momentum lately, with its price reaching above $1,600 per ounce for first time since 2013. This is especially true in the backdrop of the continued worries over the COVID-19 epidemic in China that has been hurting the stock market, and has raised the
In trading on Wednesday, shares of the GUNR ETF (Symbol: GUNR) crossed above their 200 day moving average of $31.91, changing hands as high as $31.96 per share. GUNR shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of GUNR
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Tax-Exempt Bond ETF (Symbol: VTEB) where we have detected an approximate $435.4 million dollar inflow -- that's a 6.3% 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 The Consumer Discretionary Select Sector SPDR— Fund (Symbol: XLY) where we have detected an approximate $368.7 million dollar outflow -- that's a
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Health Care Select Sector SPDR— Fund (Symbol: XLV) where we have detected an approximate $88.0 million dollar outflow -- that's a 0.4% decrea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Edge MSCI USA Value Factor ETF (Symbol: VLUE) where we have detected an approximate $103.4 million dollar outflow -- that's a 2.2% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Value ETF (Symbol: VTV) where we have detected an approximate $342.5 million dollar inflow -- that's a 0.6% increase week over week in out
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 High Yield Bond ETF (Symbol: JNK) where we have detected an approximate $461.8 million dollar inflow -- that's a 4.6% in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MBS ETF (Symbol: MBB) where we have detected an approximate $294.1 million dollar inflow -- that's a 1.3% increase week over week in outsta
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard FTSE All-World ex-US ETF (Symbol: VEU) where we have detected an approximate $257.5 million dollar inflow -- that's a 1.0% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares iBoxx $ High Yield Corporate Bond ETF (Symbol: HYG) where we have detected an approximate $326.4 million dollar inflow -- that's a 1.8% inc
A look at the weighted underlying holdings of the iShares Edge MSCI USA Value Factor ETF (Symbol: VLUE) shows an impressive 13.2% of holdings on a weighted basis have experienced insider buying within the past six months.
Corteva Inc (Symbol: CTVA), which makes up 0.19% of t
For investors seeking momentum, First Trust Utilities AlphaDEX Fund FXU is probably on the radar now. The fund just hit a 52-week high and is up 15.4% from its 52-week low price of $27.58/share.But are more gains in store for this ETF? Let’s take a quick look at the fund and t
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with NeoGenomics Inc (Symbol: NEO). The average 12-month price target for NEO — averaging the work of 6 analysts — reveals an average price target of $29.50/share. Tha
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