Basic materials might be a no frills play in the ETF world, but add momentum to the mix, and one gets a dynamic fund in the Invesco DWA Basic Materials Momentum ETF (PYZ). The basic materials sector could also provide a counterbalance to inflation. As everyday consumer prices inflate, PYZ could hedge other investments that may [...] Read more at ETFtrends.com.
Large cap biotechnology have strengthened in recent months, but smaller counterparts are still waiting on their 2021 moment. When that happens, the Defiance Nasdaq Junior Biotechnology ETF (IBBJ) could be the ETF to watch. IBBJ follows the Nasdaq Junior Biotechnology Index (NBIJR), the small cap offshoot of the widely tracked Nasdaq Biotechnology Index (NBI). The junior [...] Read more at ETFtrends.com.
The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is seeing unusually high volume in afternoon trading Thursday, with over 701,000 shares traded versus three month average volume of about 32,000. Shares of SPGM were off about 0.5% on the day.
The pandemic has made nearly a quarter of retirees somewhat or significantly less confident they will have enough money to live comfortably throughout retirement, according to the Employee Benefit Research Institute (EBRI) 2021 Retirement Confidence Survey. Retirees also report that after their Social Security income, their second income source is personal retirement savings followed by [...] Read more at ETFtrends.com.
Eva Ados, COO and Chief Investment Strategist at ERShares, recently appeared on CNBC’s Trading Nation to discuss investment potential in the midst of high performance by the markets. Growth stocks are where Ados believes investments are smartest, particularly in a market that is still experiencing inflation fears. “As this earning season demonstrates, seemingly priced-to-perfection growth [...] Read more at ETFtrends.com.
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 Growth ETF (Symbol: IWO) where we have detected an approximate $57.6 million dollar outflow -- that's a 0.5% decrease week over
In trading on Thursday, shares of the iShares Russell 2000 ETF (Symbol: IWM) crossed below their 200 day moving average of $213.50, changing hands as low as $212.00 per share. iShares Russell 2000 shares are currently trading down about 0.6% on the day. The chart below shows
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Applied Materials, Inc. (Symbol: AMAT) has taken over the #56 spot from ConocoPhillips (Symbol: COP), according to ETF Channel. Below is a chart of Applied Material
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Ultra-Short Bond ETF (Symbol: VUSB) where we have detected an approximate $278.2 million dollar inflow -- that's a 27.8% increase week over
In trading on Thursday, shares of the Vanguard FTSE Emerging Markets ETF (Symbol: VWO) entered into oversold territory, changing hands as low as $49.17 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator us
In trading on Thursday, shares of the SPDR— S&P— Oil & Gas Exploration & Production ETF (Symbol: XOP) entered into oversold territory, changing hands as low as $72.25 per share. We define oversold territory using the Relative Strength Index, or RSI, whi
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Daily Semiconductor Bear 3X Shares (SOXS), where 6,000,000 units were destroyed, or a 24.9% 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 SPDR Blackstone Senior Loan ETF (SRLN), which added 6,650,000 units, or a 4.6% 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 Vanguard Long-Term Bond ETF (Symbol: BLV) where we have detected an approximate $336.1 million dollar inflow -- that's a 5.9% 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 ARK Next Generation Internet ETF (Symbol: ARKW) where we have detected an approximate $86.1 million dollar outflow -- that's a 1.5% decrease week ov
A look at the weighted underlying holdings of the iShares Core High Dividend ETF (HDV) shows an impressive 10.1% of holdings on a weighted basis have experienced insider buying within the past six months.
Old Republic International Corp. (Symbol: ORI), which makes up 0.16% of
In recent trading, shares of Premier Inc (Symbol: PINC) have crossed above the average analyst 12-month target price of $38.27, changing hands for $38.37/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio
In recent trading, shares of DoorDash Inc (Symbol: DASH) have crossed above the average analyst 12-month target price of $187.56, changing hands for $191.63/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
In recent trading, shares of Alcon Inc (Symbol: ALC) have crossed above the average analyst 12-month target price of $74.89, changing hands for $80.06/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