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
As an actively managed exchange traded fund, the ARK Genomic Revolution Multi-Sector Fund (CBOE: ARKG) can more nimbly move into new healthcare frontiers than rival index-based products. Synthetic biology could be a new example of ARKG’s long-running adaptability. Like many of the markets ARKG addresses, synthetic biology is still its nascent stages, but offers epic [...] Read more at ETFtrends.com.
In recent trading, shares of Fortis Inc (Symbol: FTS) have crossed above the average analyst 12-month target price of $44.27, changing hands for $44.36/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 STORE Capital Corp (Symbol: STOR) have crossed above the average analyst 12-month target price of $36.40, changing hands for $36.46/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 CGI Inc (Symbol: GIB) have crossed above the average analyst 12-month target price of $89.48, changing hands for $90.11/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or
In recent trading, shares of Huntington Ingalls Industries, Inc. (Symbol: HII) have crossed above the average analyst 12-month target price of $199.00, changing hands for $202.89/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to rea
In recent trading, shares of Flowserve Corp (Symbol: FLS) have crossed above the average analyst 12-month target price of $40.25, changing hands for $41.42/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
In recent trading, shares of Element Solutions Inc (Symbol: ESI) have crossed above the average analyst 12-month target price of $22.67, changing hands for $22.80/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 HEICO Corp (Symbol: HEI) have crossed above the average analyst 12-month target price of $132.12, changing hands for $136.64/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 HCA Healthcare Inc (Symbol: HCA) have crossed above the average analyst 12-month target price of $230.62, changing hands for $248.90/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
For this week’s episode of ETF 360, ETF Trends CEO Tom Lydon and CIO Dave Nadig spoke with Hamilton Reiner, PM and Head of U.S. Equity Derivatives for J.P. Morgan Asset Management, who discusses the JPMorgan Equity Premium Income ETF ($JEPI)‘s $1 billion one-year hit, as well as the strategy behind it. Watch the Full ETF [...] Read more at ETFtrends.com.
Travel industry exchange traded funds led the market rebound on Tuesday after the Covid-19 Delta variant dealt a blow to the leisure and entertainment sectors. Among the best-performing non-leveraged ETFs of Tuesday, the U.S. Global Jets ETF (NYSEArca: JETS) increased 5.5% and the AdvisorShares Hotel ETF (BEDZ) increased 4.5%. Cruise liners and air travel stocks took a blow [...] Read more at ETFtrends.com.
With interest rates poised to rise, income-minded investor must still find ways to maintain their current income streams with the threat of capital depreciation that comes with higher rates. Yet alternative options in the income world are not exactly plentiful, and equity overweights can be outright dangerous. In the upcoming webcast, Income is the Outcome: [...] Read more at ETFtrends.com.
Amid fears that the Delta variant of the coronavirus could stymie the reopening trade and put a cap on economic growth, U.S. stocks tumbled Monday, with the S&P 500 shedding 1.59%. Granted, that’s just one day of market action and broader equity benchmarks have recently been strong, but if COVID-19 case counts and hospitalization rates [...] Read more at ETFtrends.com.
The Horizon Kinetics Inflation Beneficiaries ETF (INFL), which launched in January, quickly has become one of the breakout hits of 2021. Already the fund has amassed $620 million in assets under management, one of the quickest-growing launches of the year. It’s easy to see why. As inflation fears continue to mount, INFL has proven for [...] Read more at ETFtrends.com.
Oil prices have been volatile of late and the decline on July 19 was the worst since September 2020. As a result, the energy sector shed its status as the best-performing sector in the S&P 500 this year with real estate passing it by. That sounds like trouble for assets like the Alerian Energy Infrastructure ETF (ENFR), [...] Read more at ETFtrends.com.