Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares ESG Aware MSCI USA ETF (Symbol: ESGU) where we have detected an approximate $236.0 million dollar inflow -- that's a 1.3% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHP ETF (Symbol: SCHP) where we have detected an approximate $377.4 million dollar inflow -- that's a 2.1% increase week over week in outstanding u
In trading on Tuesday, shares of the iShares Global Clean Energy ETF (Symbol: ICLN) crossed above their 200 day moving average of $23.87, changing hands as high as $24.14 per share. iShares Global Clean Energy shares are currently trading up about 1.4% on the day. The chart b
The world’s largest economy seems to be on the path of recovery from the pandemic-led slowdown. Markedly, accelerated vaccine distribution, strong fiscal stimulus support and the reopening of non-essential businesses are expected to expedite the economic recovery pace.
By Andrew Poreda, ESG Research Analyst The green bond phenomenon has taken the investing world by storm. Corporations, governments, and municipalities worldwide have leveraged green bonds to fund projects that benefit the environment while providing long-term value to the issuer. And investors can’t get enough of them – the green bond market is on track [...] Read more at ETFtrends.com.
The 2021 semiconductor story has had three major components: soaring stocks, robust demand for chips, and supply shortfalls. Those are among the factors sending the VanEck Vectors Semiconductor ETF (SMH) to a year-to-date gain of 16%. Of course, much of this year’s semiconductor shortage is attributable to an unforeseen spike in demand caused by the [...] Read more at ETFtrends.com.
There’s been a spate of encouraging dividend news in recent weeks. Globally, payouts are expected to increase this year following a rough 2020. The U.S. will be part of that growth. In fact, some recent forecasts suggest markets may underestimating the extent to which domestic payouts will grow this year and in 2022. Add all [...] Read more at ETFtrends.com.
Shares of Intellia Therapeutics, Inc. (NASDAQ: NTLA) surged Monday after the firm and another company known as Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) over the weekend announced positive results from an ongoing Phase I clinical trial for an in vivo genome editing therapy known as NTLA-2001. The ARK Genomic Revolution Multi-Sector Fund (CBOE: ARKG) was one of [...] Read more at ETFtrends.com.
The first half of the year has had a superb run on Wall Street, which has been logging a series of record highs. The speedy economic recovery across the globe backed by a massive vaccination drive, expanded stimulus, huge infrastructure spending and reopening of economies
Thanks to a spate of good and bad headlines, ordinary investors are increasingly brushing up against the cryptocurrency universe. Data also confirm a rising number of market participants are embracing the asset class as a credible portfolio addition. Increasing awareness of and demand for digital assets could bolster the long-term case for equities with intimate [...] Read more at ETFtrends.com.
The outlook for dividend growth continues to improve, but investors looking to play that trend with more conviction should focus on funds with the best potential of delivering credible payout growth. The First Trust Rising Dividend Achievers ETF (NasdaqGS: RDVY) fits that bill. RDVY, which tracks the NASDAQ US Rising Dividend Achievers Index, deploys a [...] Read more at ETFtrends.com.
Broad-based renewable energy exchange traded funds, such as the ALPS Clean Energy ETF (ACES), are moved by a variety of industries and geographies. On the geographic note, the renewable energy investment thesis is driven by both domestic and international forces – something the ACES roster taps into. In the U.S., many investors devote significant attention to how the [...] Read more at ETFtrends.com.
The value trade has powered the stock bulls for most of this year. Investors have rotated back into growth-oriented areas of the market in recent weeks on optimism surrounding the economic recovery. In particular, big tech companies have rebounded strongly after being hit
India’s financial markets are a case study in 2021 resilience. While the country struggles to contain the coronavirus, the MSCI India Index is higher by 10.47% year-to-date. That’s nearly 400 basis points better the MSCI Emerging Markets Index. Some market observers believe Indian stocks can continue trending higher, potentially benefiting exchange traded funds like the WisdomTree [...] Read more at ETFtrends.com.
At about a 12.3% weighting, Newmont Corporation comprises the largest holding in the Sprott Gold Miners ETF (SGDM). The company was also the top gold producer in the first quarter of this year. An S&P Global report recently explored the top gold producers by ounces. Newmont Corp stood head and shoulders above the rest. Miners were [...] Read more at ETFtrends.com.
Tesla CEO Elon Musk and Twitter CEO Jack Dorsey are planning to discuss Bitcoin at an event in July, according to CNBC. The event is called “The B Word” and is being hosted by the Crypto Council for Innovation (CCI), which, according to its website, is sponsored by ARK, Square, and Paradigm. “The B Word” [...] Read more at ETFtrends.com.
It appears that the Biden Administration and Senate Republicans have reached an agreement on an infrastructure plan, and while it’s nowhere close to the $4 trillion the White House was hoping for, something is better than nothing and the deal gives some level of hope that two heavily divided sides can work together. Still, there’s [...] Read more at ETFtrends.com.
In recent trading, shares of Xilinx, Inc. (Symbol: XLNX) have crossed above the average analyst 12-month target price of $134.25, changing hands for $135.36/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 Marvell Technology Inc (Symbol: MRVL) have crossed above the average analyst 12-month target price of $56.67, changing hands for $58.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
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