In recent trading, shares of International Flavors & Fragrances Inc. (Symbol: IFF) have crossed above the average analyst 12-month target price of $79.56, changing hands for $80.48/share. When a stock reaches the target an analyst has set, the analyst logically has two ways
In recent trading, shares of Regal Rexnord Corp (Symbol: RRX) have crossed above the average analyst 12-month target price of $168.00, changing hands for $168.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of Jack Henry & Associates, Inc. (Symbol: JKHY) have crossed above the average analyst 12-month target price of $175.42, changing hands for $175.95/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to reac
In recent trading, shares of SEI Investments Co (Symbol: SEIC) have crossed above the average analyst 12-month target price of $67.25, changing hands for $67.29/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v
During the past week, in the wake of the Exchange conference, launches of new ETFs started to pick up again from their recent lull. A total of seven funds rolled out during the week, while several issuers announced or completed ETF closures. Among the launches during the week were a pair of ETFs from Angel [...]
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To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn.
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Consistent, growing demand for California carbon allowances (CCAs) creates strong opportunity for investors looking to tap into a diversified asset class. Results of the most recent CCA auction underscore robust demand within a market offering strong fundamentals. California held its quarterly carbon allowances auction last week, selling out once more at record prices. The California [...]
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In trading on Friday, shares of the Invesco S&P 500— Equal Weight Consumer Staples ETF (Symbol: RSPS) crossed above their 200 day moving average of $31.77, changing hands as high as $31.79 per share. Invesco S&P 500— Equal Weight Consumer Staples shares are currently tr
BBB-rated corporate bond ETFs are an attractive opportunity for investors in the current environment. Over the past 20 years, BBB-rated corporate bonds have outperformed the Bloomberg US Corporate Index across the 1-5, 5-10, and 10+ year maturity indices by 52 bps, 51 bps, and 84 bps per year, respectively, according to BondBloxx. See more: “How [...]
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With uncertainty being a key theme in markets this year, many investors are still sitting on the sidelines in cash. Despite the continued uncertainty around rate cuts, a short duration ETF like the Natixis Loomis Sayles Short Duration Income ETF (LSST) could potentially help investors capture current opportunities without taking on significant risk. “There remains [...]
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Let’s face it — China investing has been a bit bumpy of late. That said, a China allocation can still play a big role for investors. The U.S. market remains expensive, so diversifying via the world’s other key economy can help. U.S. investors right now face a key question — how can they allocate to [...]
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In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, CenterPoint Energy, Inc (Symbol: CNP) has taken over the #240 spot from Gilead Sciences Inc (Symbol: GILD), according to ETF Channel. Below is a chart of CenterPoint
There has been a growing belief in the advisor and asset management communities that buy-and-hold as an investment strategy is not always the best mindset to deploy.
Growing demand for natural gas in the U.S. has led to that commodity being a key growth opportunity for midstream players. Williams (WMB) reaffirmed its strategy around natural gas during its analyst day last week. Strong demand and anticipated growth projects coming into service leads to a constructive long-term outlook for natural gas. Several factors [...]
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VettaFi sat down with VanEck’s Head of ETF Product Ed Lopez at the recent Exchange conference. In a changing ETF landscape, VanEck offers standout strategies focused on key themes such as semiconductors. While it continues to emphasize those strategies, the issuer’s thesis statement this year sends a clear message. “Bonds are back,” Lopez said. “We [...]
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Though the outlook remains muddled for markets in the first half, big AI earnings wins continue to boost equities. For investors looking to enhance their equity holdings and gains with a tax-efficient income stream, the NEOS S&P 500 High Income ETF (SPYI) is worth consideration. Another strong quarterly earnings report from chipmaker Nvidia catalyzed markets [...]
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In trading on Friday, shares of the WisdomTree Floating Rate Treasury Fund ETF (Symbol: USFR) crossed below their 200 day moving average of $50.38, changing hands as low as $50.25 per share. WisdomTree Floating Rate Treasury Fund shares are currently trading down about 0.4% on
In trading on Friday, shares of the ProShares Ultra Bloomberg Crude Oil ETF (Symbol: UCO) crossed below their 200 day moving average of $28.76, changing hands as low as $28.55 per share. ProShares Ultra Bloomberg Crude Oil shares are currently trading off about 3.3% 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 MJUS ETF (MJUS), where 10,880,000 units were destroyed, or a 15.8% decrease week over week.
And on a percentage change basis, the ETF wit
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Direxion Daily Semiconductor Bear 3X Shares (SOXS), which added 28,650,000 units, or a 16.5% increase week over week.
And on a percentage change