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 itself.
In recent trading, shares of Foot Locker, Inc. (Symbol: FL) have crossed above the average analyst 12-month target price of $24.71, changing hands for $25.87/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
As the first quarter comes to a close, clearly, there have been some thematic winners in terms of flows and investment performance. Artificial Intelligence AI-themed ETFs remain among the top recipients of investor flows this year. Symbol ETF Name YTD Flow YTD Return AIQ Global X Artificial Intelligence & Technology ETF $573,494,186 7.3% BOTZ Global [...]
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Is the global economic picture brighter than investors might have previously thought? Japan’s central bank recently ended its negative interest rate policy, while its U.S. and U.K. peers are sending dovish signals. Eurozone business activity rose last week, too. While China remains a tough spot, overall, positive global economic news may speak to the case [...]
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On Monday, Eagle Capital Management entered the ETF space for the first time with the Eagle Capital Select Equity ETF (NYSE Arca: EAGL). EAGL has a net expense ratio of 0.80%. The fund is actively managed and prioritizes investment returns higher than the U.S. equity market. “Eagle always puts clients first. We are launching this [...]
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The iShares U.S. Transportation ETF is seeing unusually high volume in afternoon trading Monday, with over 370,000 shares traded versus three month average volume of about 111,000. Shares of IYT were down about 0.8% on the day.
Components of that ETF with the highest volume o
Investing in the U.S. ocean economy — or the “blue economy” — can be a valuable diversification option for a portfolio. The U.S. National Ocean Service estimates that the businesses dependent on the U.S. oceans contribute $282 billion in economic value. Additionally, according to the organization, nearly three million people are employed by businesses that [...]
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In trading on Monday, the ARK Next Generation Internet ETF is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Reddit, up about 9.9% and shares of Coinbase Global, up about 9.5% on the day.
And underperfo
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF Trust, which added 41,900,000 units, or a 4.3% increase week over week. Among the largest underlying components of SPY, in m
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro S&P500, where 5,600,000 units were destroyed, or a 11.0% decrease week over week. Among the largest underlying compo
Investors may be looking for active ETFs following active’s big year in 2023, with all kinds of options available. The latest strategy to join the active landscape comes from Avantis Investors. The firm launched an active emerging markets ETF, the Avantis Emerging Markets ex-China Equity ETF (AVXC) on March 21. The strategy joins the firm’s [...]
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On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research Todd Rosenbluth discussed the PIMCO Multisector Bond Active ETF (PYLD) with Chuck Jaffe of “Money Life.” The pair talked about several topics regarding the fund to give investors a deeper understanding of the ETF overall. PIMCO Multisector Bond Active ETF (PYLD) Chuck [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the AVUV ETF (Symbol: AVUV) where we have detected an approximate $169.4 million dollar inflow -- that's a 1.6% increase week over week in outstanding un
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Momentum Factor ETF (Symbol: MTUM) where we have detected an approximate $179.2 million dollar inflow -- that's a 1.8% increase week
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 400 Mid Cap Growth ETF (Symbol: MDYG) where we have detected an approximate $142.1 million dollar outflow -- that's a 4.5% decrease wee
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 $209.8 million dollar inflow -- that's a 0.9% increase week over week in
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 $179.6 million dollar inflow -- that's a 2.4% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) where we have detected an approximate $545.0 million dollar inflow -- that's a 1.1% increase week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the DUHP ETF (Symbol: DUHP) where we have detected an approximate $235.9 million dollar inflow -- that's a 4.7% increase week over week in outstanding un
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $2.8 billion dollar inflow -- that's a 1.1% increase week over week in outstanding un