On June 16, ETF Managers Group launched its first leveraged and inverse products, including a 2x bullish play on its travel tech fund and a pair of 2x bull/bear vehicles based on its junior silver miners ETF. A 2x leveraged ETF provides 200% of the daily investment return of its underlying index (or -200%, in [...] Read more at ETFtrends.com.
Natural gas price has been surging lately on hot weather forecast for the summer season. According to National Oceanic and Atmospheric Administration, the weather is expected to remain warmer than normal over most of the West Coast and mid-West over the next 8-14 days, pr
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Vanguard Short-Term Bond ETF, which added 20,700,000 units, or a 5.3% increase week over week.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the The Utilities Select Sector SPDR Fund, where 5,300,000 units were destroyed, or a 3.0% decrease week over week. Among the largest underlyi
On May 27, 2021, Emles Advisors announced the launch of a new actively managed exchange traded fund, the Emles Alpha Opportunities ETF (EOPS). The new fund – managed by Nathan Miller, former equity long/short portfolio manager at NGM Asset Management, Citadel Investment Group, and RBC Capital – provides institutional investors with access to a hedge [...] Read more at ETFtrends.com.
“Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.” – Frédéric Bastiat Not a day goes by without an article discussing inflation. And since that is the topic of this article, today will not be the exception. Good inflation, bad inflation, [...] Read more at ETFtrends.com.
There may be a shift from growth to value in market leadership, but this shouldn’t discount certain quality growth stocks’ solid performances. In T. Rowe Price’s article, “The Long-Term Appeal of Durable Growers Remains Intact,” from Larry Puglia and Paul Greene, Portfolio Managers, Blue Chip Growth Fund, it’s made clear there’s a focus on identifying [...] 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 Invesco Dynamic Building & Construction ETF (Symbol: PKB) where we have detected an approximate $99.4 million dollar outflow -- that's a 25.0% d
In recent trading, shares of Old National Bancorp (Symbol: ONB) have crossed above the average analyst 12-month target price of $18.50, changing hands for $18.63/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 ManTech International Corp (Symbol: MANT) have crossed above the average analyst 12-month target price of $90.57, changing hands for $91.05/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 Independent Bank Group Inc. (Symbol: IBTX) have crossed above the average analyst 12-month target price of $76.00, changing hands for $77.44/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
In recent trading, shares of WestRock Co (Symbol: WRK) have crossed above the average analyst 12-month target price of $56.08, changing hands for $56.45/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 Bank of Hawaii Corp (Symbol: BOH) have crossed above the average analyst 12-month target price of $87.40, changing hands for $88.08/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 Comerica, Inc. (Symbol: CMA) have crossed above the average analyst 12-month target price of $72.88, changing hands for $73.01/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 BP PLC (Symbol: BP) have crossed above the average analyst 12-month target price of $28.24, changing hands for $28.38/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 Toll Brothers Inc. (Symbol: TOL) have crossed above the average analyst 12-month target price of $58.00, changing hands for $58.44/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 International Paper Co (Symbol: IP) have crossed above the average analyst 12-month target price of $62.60, changing hands for $63.19/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 United Rentals Inc (Symbol: URI) have crossed above the average analyst 12-month target price of $308.42, changing hands for $309.83/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 Eaton Corp plc (Symbol: ETN) have crossed above the average analyst 12-month target price of $147.58, changing hands for $147.85/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
In recent trading, shares of First Horizon Corp (Symbol: FHN) have crossed above the average analyst 12-month target price of $18.05, changing hands for $18.10/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va