In recent trading, shares of Element Solutions Inc (Symbol: ESI) have crossed above the average analyst 12-month target price of $23.00, changing hands for $23.23/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 Ares Management Corp (Symbol: ARES) have crossed above the average analyst 12-month target price of $72.67, changing hands for $73.09/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 Healthpeak Properties Inc (Symbol: PEAK) have crossed above the average analyst 12-month target price of $35.10, changing hands for $35.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
Circle, the company behind USD coin, announced via Centre, a consortium founded by Circle and crypto exchange Coinbase, that it will change the makeup of its USD Coin reserves to contain only cash and U.S. Treasury bonds, CNBC reports. Circle originally claimed that USD Coin was backed 1:1 by actual U.S. dollars, however in July it [...] Read more at ETFtrends.com.
On this week’s episode of ETF Prime, host Nate Geraci is joined by President of ETF Trends and ETF Database, Tom Hendrickson, to discuss thematic ETFs through a unique lens. Geraci also discusses the controversial “payment for order flow” practice with Interactive Brokers’ founder Thomas Peterffy. Later on, Chris Sullivan, President of MacMillan Sullivan Communications, offers [...] Read more at ETFtrends.com.
China-specific exchange traded funds surged Tuesday, with Chinese technology stocks taking the lead, as bargain hunters looked to a battered market segment. Among the best-performing non-leveraged ETFs of Tuesday, the KraneShares CSI China Internet ETF (KWEB) jumped 11.0% and the Invesco China Technology ETF (NYSEArca: CQQQ) advanced 5.7%. Meanwhile, the broader Xtrackers CSI 300 China A-Shares [...] Read more at ETFtrends.com.
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
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
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
2021 is a great time to be a dividend investor. New data courtesy of Janus Henderson, purveyor of the Janus Henderson Global Dividend Index (JHGDI), is only adding to the dividend case. On the back of strong payout trends in the second quarter, the fund issuer and research firm lifted its 2021 global dividend forecast [...] Read more at ETFtrends.com.
Intermediate bond exposure gives fixed income investors the Goldilocks option when it comes to duration—not too long and not too short. Enter the Vanguard Interim-Term Corporate Bond ETF (VCIT). Corporate bonds can give bond investors more yield, albeit more risk, so if anything beyond a 10-year maturity doesn’t fit in an investor’s risk profile, VCIT [...] Read more at ETFtrends.com.
The threat of rising interest rates still lingers over the financial market in this low-rate environment. One option to consider is the Invesco Variable Rate Preferred ETF (VRP). This ETF derives the majority of its income from preferred stock dividends. Preferred stock dividends are akin to a VIP card for stockholders. “Companies must generally pay [...] Read more at ETFtrends.com.
In a press conference today, Capital Group, a mutual fund and portfolio management company, announced its entrance into the world of ETFs with six offerings that will be going live in the spring of 2022. Capital Group has filed with the SEC for six fully transparent ETFs that are set to launch late in the [...] Read more at ETFtrends.com.
VanEck and ProShares withdrew their applications with the SEC according to a Coindesk report last Friday. Both VanEck and ProShares had filed for ETFs investing primarily in ether futures contracts last Wednesday. VanEck’s Ethereum Strategy ETF and ProShares’ Ether Strategy ETF both planned on investing in ether futures contracts as well as Canadian ether ETFs, [...] Read more at ETFtrends.com.
Value-focused exchange traded fund strategies can add, well, value, to any investment portfolio. In the recent webcast, Exploring the Benefits and Uses of Value Strategies, Nick Kalivas, Head of Factor and Core Equity Product Strategy, Invesco, highlighted a few reasons why investors have been looking back into the value style. For example, many have seen [...] Read more at ETFtrends.com.
Value stock exchange traded funds pushed ahead on Tuesday, with the U.S. equity markets on pace for another record finish. All three major U.S. equity benchmarks were higher on Tuesday, with the S&P 500 and the Nasdaq set to hit record closing highs. “When you look at slower periods in the market – and we’re [...] Read more at ETFtrends.com.
Online shopping was thriving prior to the coronavirus pandemic, but the global health crisis has significantly bolstered e-commerce, leading some market participants to conflate online retail with work-from-home (WFH) strategies. This year, investors are noting that the brick-and-mortar-heavy SPDR S&P Retail ETF (XRT) is up 48% while Amazon (NASDAQ: AMZN) is basically flat. Those factoids [...] Read more at ETFtrends.com.
Stakeholder capitalism – the idea that businesses need to take the interests of multiple parties into account to be successful – was born in the 1960s, gained more credibility in the academic community in the following decade, but it wasn’t until the 1990s that it started going mainstream. With increasing emphasis on forms of capitalism [...] Read more at ETFtrends.com.
The ban of ozone-damaging chlorofluorocarbons (CFCs) in the 1980s has led to a recovering ozone layer and climate benefits that were unexpected by many, according to the Financial Times. Following a trend of years of thinning, the ozone layer in the stratosphere, which blocks harmful ultraviolet radiation is showing signs of recovery. This reflects a better [...] Read more at ETFtrends.com.
For some workers, 401(k) plans are among the premier employment benefits, but landing a job with this retirement perk is only part of the battle. Obviously, everyone’s circumstances are different so there’s not a lot of uniformity when it comes to exactly how a much a worker should contribute to a 401(k) plan. An employee [...] Read more at ETFtrends.com.