To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention —
In recent trading, shares of Packaging Corp of America (Symbol: PKG) have crossed above the average analyst 12-month target price of $152.00, changing hands for $153.05/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 itsel
In recent trading, shares of Hormel Foods Corp. (Symbol: HRL) have crossed above the average analyst 12-month target price of $32.50, changing hands for $32.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
In recent trading, shares of Yelp Inc (Symbol: YELP) have crossed above the average analyst 12-month target price of $42.00, changing hands for $42.19/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,
In trading on Tuesday, shares of the UNG ETF (Symbol: UNG) crossed above their 200 day moving average of $7.39, changing hands as high as $7.55 per share. UNG shares are currently trading up about 7.3% on the day. The chart below shows the one year performance of UNG shares,
Has the time come to invest in small caps? Small-cap firms are pretty cheap on a historical basis, with the Russell 2000’s forward p/e ratio 20% below its 10-year average. That may set up an intriguing opportunity for investors to look at smaller firms that could be primed for fast growth. With rising rates a [...]
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2023 has been a strong year for active ETFs. So strong, in fact, that active fund launches are helping push overall ETF launches to new heights. Indeed, based on new projections, total ETF launches in 2023 look set to surpass the record 475 launches in 2021. As of the end of October, about 391 new [...]
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A handful of midstream names have already announced increases to their dividends. The midstream segment is known for offering generous income, making it a primary reason many advisors use MLPs and energy infrastructure companies in portfolios. It’s still early in the cycle of third-quarter midstream earnings, but many announcements of third-quarter dividends have already surfaced. [...]
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Many investors are divesting from small-caps in fear of a recession, but that may not be the best strategy. Small-caps are inherently more volatile than their larger-cap peers. However, if the economy falls into a deep recession, small-caps might not decline as much as investors expect. Historically, the small-cap sell-off is overdone and leaves investors [...]
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On the latest episode of “ETF 360,” ProShares Head of Investment Strategy Simeon Hyman, CFA, joined VettaFi Head of Research Todd Rosenbluth. The crypto world has seen a slew of new developments lately. ProShares has been hard at work creating additional products to fill out its crypto suite. 3 New Crypto Products ProShares recently launched [...]
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The iShares MSCI Global Metals & Mining Producers ETF is seeing unusually high volume in afternoon trading Tuesday, with over 884,000 shares traded versus three month average volume of about 240,000. Shares of PICK were off about 0.9% on the day.
In trading on Tuesday, the Uranium ETF is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Mega Uranium, up about 12.7% and shares of Cameco, up about 8.6% on the day.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI USA Min Vol Factor ETF, where 18,800,000 units were destroyed, or a 4.9% decrease week over week. Among the largest underlyin
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares 20+ Year Treasury Bond ETF, which added 23,800,000 units, or a 5.3% increase week over week.
In trading on Tuesday, shares of the iShares iBoxx $ High Yield Corporate Bond ETF (Symbol: HYG) crossed above their 200 day moving average of $74.48, changing hands as high as $75.52 per share. iShares iBoxx $ High Yield Corporate Bond shares are currently trading up about 0.
In trading on Tuesday, shares of the First Trust Enhanced Short Maturity ETF (Symbol: FTSM) crossed below their 200 day moving average of $59.58, changing hands as low as $59.43 per share. First Trust Enhanced Short Maturity shares are currently trading off about 0.4% on the d
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 ETF (Symbol: SPLG) where we have detected an approximate $579.0 million dollar inflow -- that's a 3.0% 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 SCHE ETF (Symbol: SCHE) where we have detected an approximate $116.4 million dollar outflow -- that's a 1.5% decrease week over week (from 342,700,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $182.6 million dollar inflow -- that's a 1.2% increase week over week in