U.S. markets were slightly higher Monday, with value exchange traded funds having a leg up over their growth counterpart, as investors wait on a busy week filled with earnings results from prominent technology companies. To kick off the tech earnings week, Tesla will report earnings after the market closes on Monday. Additionally, investors will be [...] Read more at ETFtrends.com.
Blockchain sector-related exchange traded funds surged Monday on rumors that Amazon (NasdaqGS: AMZN) plans to accept cryptocurrencies as payment. Among the best performing non-leveraged ETFs of Monday, the Global X Blockchain ETF (BKCH) increased 12.8%, VanEck Vectors Digital Transformation ETF (DAPP) advanced 12.8%, Bitwise Crypto Industry Innovators ETF (BITQ) rose 12.3%, and Amplify Transformational Data [...] Read more at ETFtrends.com.
ESG is a growing portion of the investment landscape–and growing larger everyday. But should investors focus on the companies that are adapting to today’s greatest challenges; or the companies positioning themselves to become tomorrow’s leaders? Now investors can do both. Putnam Investments recently entered into the world of ETFs with four new ETFs, two of [...] Read more at ETFtrends.com.
By Grant Engelbart, CFA, CAIA – Senior Portfolio Manager, Brinker Capital Investments There has been no shortage of ink spilled over the recent rebalance of momentum ETF strategies, and the shift towards the strong performance of value stocks. This is a somewhat unique occurrence, as traditionally value and momentum are negatively correlated (at least their [...] Read more at ETFtrends.com.
Last week ETF newcomer VectorShares launched their first fund, the VectorShares Min Vol ETF (VSPY), an actively managed fixed income ETF that seeks to provide market-like returns with greatly reduced volatility. VSPY holds 90% of its portfolio in ultra-short duration fixed income securities and the remaining 10% in S&P 500 call and put options contracts, [...] Read more at ETFtrends.com.
The biggest players in the bond market are wondering whether pessimism in an economic recovery will eventually rattle investors. As such, this might be an opportune time to give short-term bonds a closer look. “Heavyweight bond investors are sticking with bets against US government debt, saying an unflagging rally paints a false impression of deep [...] Read more at ETFtrends.com.
It’s not secret in the capital markets that the cannabis industry is experiencing exponential growth, but if you’re still wary of its potential, maybe $30 billion by next year might convince you. “Recent waves of medical and adult-use legalization across the United States suggest the cannabis industry is set to outpace its already impressive numbers [...] Read more at ETFtrends.com.
The creation of exchange-traded funds (ETFs) has given investors access to an infrastructure industry that was once more difficult to access with funds like the FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA). Per its fund description, NFRA seeks investment results that generally correspond to the price and yield performance, before fees and expenses, of [...] Read more at ETFtrends.com.
For all the talk about environmental responsibility and sustainability, the role that haulers play in that equation is frequently overlooked. Investors shouldn’t make that mistake. Take the case of the VanEck Vectors Environmental Services ETF (EVX). EVX doesn’t get the attention it deserves in the environmental investing conversation, but the exchange traded fund has quadrupled [...] Read more at ETFtrends.com.
In recent trading, shares of Yum! Brands Inc (Symbol: YUM) have crossed above the average analyst 12-month target price of $120.61, changing hands for $122.79/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
In recent trading, shares of Alphabet Inc (Symbol: GOOGL) have crossed above the average analyst 12-month target price of $2639.94, changing hands for $2660.30/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
In recent trading, shares of Fox Factory Holding Corp (Symbol: FOXF) have crossed above the average analyst 12-month target price of $163.40, changing hands for $164.02/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
In recent trading, shares of Facebook Inc (Symbol: FB) have crossed above the average analyst 12-month target price of $365.91, changing hands for $369.79/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of Watsco Inc. (Symbol: WSO) have crossed above the average analyst 12-month target price of $290.00, changing hands for $295.14/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of CrowdStrike Holdings Inc (Symbol: CRWD) have crossed above the average analyst 12-month target price of $266.21, changing hands for $268.96/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
In recent trading, shares of Shutterstock Inc (Symbol: SSTK) have crossed above the average analyst 12-month target price of $104.40, changing hands for $105.51/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v
In recent trading, shares of Snap Inc (Symbol: SNAP) have crossed above the average analyst 12-month target price of $77.81, changing hands for $77.97/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,
In recent trading, shares of Sea Ltd (Symbol: SE) have crossed above the average analyst 12-month target price of $294.89, changing hands for $297.67/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, o
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 Portland General Electric Co. (Symbol: POR) have crossed above the average analyst 12-month target price of $48.00, changing hands for $48.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down