Next week, Apple Inc. (AAPL) will host its latest product launch event, where analysts expect the tech giant to unveil a new, cheaper version of the iPhone. The event, which Apple announced on Wednesday, will be held on March 8 and be broadcast on YouTube and the company’s website. Media outlets are reporting that Apple [...] Read more at ETFtrends.com.
The iShares Currency Hedged MSCI Emerging Markets ETF is seeing unusually high volume in afternoon trading Wednesday, with over 427,000 shares traded versus three month average volume of about 55,000. Shares of HEEM were up about 0.5% on the day.
Investors often associate Federal Reserve rate tightening with downside risk for equities, and with the central bank cruising toward its first rate hike of 2022 as soon as this month, some market participants are understandably pensive. However, historical data indicate that rate hikes aren’t always a drag on equities, indicating that investors may not want [...] Read more at ETFtrends.com.
Russia's invasion of Ukraine was the biggest attack by one state against another in Europe since WWII. The war, entering day 7, has taken its toll on the markets, especially those which border Ukraine. Central or Eastern European countries, such as Poland, Hungary, Romania, and Slovakia have condemned the attack and braced for refugees. Poland's market index — the WIG – has fallen by -5.5% since the war broke out. Hungary's BUX and Romania's BET have dropped by -20% and -6% respectively over the same period.
ETFs to play a bounce-back of Ukraine's neighboring markets
Investors can play the future rebound of Ukraine's neighboring through Exchange-traded funds. The iShares MSCI Poland Capped ETF (EPOL) seeks to track the MSCI Poland IMI 25/50 Index and invests in a broad range of Polish stocks. The fund has a 41% allocation to Financials, 13.7% to Energy, 11% to Materials, and 10.13% to Communication. EPOL has 38 holdings and include POWSZECHNA KASA OSZCZEDNOSCI BANK (12.92%, Financials), KGHM POLSKA MIEDZ SA (8.25%, Materials), BANK PEKAO SA (7.62%, Financials), POLSKI KONCERN NAFTOWY ORLEN SA (7.59%, Energy), and PZU SA (6.79%, Financials). The fund has a total expense ratio of 0.57% and trades primarily on the NYSE Arca. Year-to-date, the fund's NAV has fallen by -15.08% (as of February 28th, 2022).
While there's no pure Romanian Equities ETF, the iShares MSCI Frontier and Select EM ETF (FM) provides a 5.13% allocation to Romanian stocks. There are no ETFs available in America with significant exposure to Hungary or Slovakia. It is also recommended to avoid any ETFs with exposure to Russia due to the mounting economic sanctions.
In trading on Wednesday, shares of the iShares Asia 50 ETF (Symbol: AIA) entered into oversold territory, changing hands as low as $71 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure mom
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the The Financial Select Sector SPDR Fund, where 23,000,000 units were destroyed, or a 1.9% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares iBoxx $ Investment Grade Corporate Bond ETF, which added 17,800,000 units, or a 6.7% increase 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 SPDR— Portfolio Mortgage Backed Bond ETF (Symbol: SPMB) where we have detected an approximate $160.9 million dollar inflow -- that's a 3.7% in
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 $565.6 million dollar inflow -- that's a 3.3% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Materials Select Sector SPDR— Fund (Symbol: XLB) where we have detected an approximate $403.2 million dollar inflow -- that's a 5.7% incre
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core MSCI EAFE ETF (Symbol: IEFA) where we have detected an approximate $271.1 million dollar inflow -- that's a 0.3% increase week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 ETF (Symbol: IWM) where we have detected an approximate $797.4 million dollar inflow -- that's a 1.3% increase week over week i
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 $231.6 million dollar inflow -- that's a 3.6% increase we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Innovation ETF (Symbol: ARKK) where we have detected an approximate $334.7 million dollar inflow -- that's a 2.8% 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 Invesco S&P SmallCap Low Volatility ETF (Symbol: XSLV) where we have detected an approximate $137.6 million dollar outflow -- that's a 11.8% dec
Digital Realty Trust Inc (Symbol: DLR) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.5% yield, as well as being recognized by prominent asset managers as being
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 Ovintiv Inc (Symbol: OVV) have crossed above the average analyst 12-month target price of $47.06, changing hands for $47.13/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
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