After a dismal showing in 2020, the energy sector is the best-performing group in the S&P 500 to start 2021. The wave is lifting boats with master limited partnerships (MLPs), including the ALPS Alerian MLP ETF (NYSEArca: AMLP). AMLP seeks investment results that correspond generally to the price and yield performance of its underlying index, [...] Read more at ETFtrends.com.
In trading on Tuesday, the iShares MSCI Global Metals & Mining Producers ETF is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Compass Minerals, up about 4.6% and shares of Freeport-mcmoran, up about 4
There are often scenarios when investors bid up assets with little regard for fundamentals. The opposite is true of the recent small cap rally and for exchange traded funds such as the ERShares NextGen Entrepreneurs ETF (ERSX). ERSX selects the most entrepreneurial, primarily Non-US Small Cap companies, that meet the thresholds embedded in its proprietary [...] Read more at ETFtrends.com.
Special purpose acquisition companies (SPACs) have been around for about three decades, but seriously came into bloom in 2020. Still, stock picking among individual blank-check firms is difficult. Exchange traded fund issuers are seizing upon that theme, as there are now three ETFs dedicated to the SPAC topic. The original of the trio – the [...] Read more at ETFtrends.com.
A look at the weighted underlying holdings of the First Trust Utilities AlphaDEX Fund (FXU) shows an impressive 16.3% of holdings on a weighted basis have experienced insider buying within the past six months.
UGI Corp. (Symbol: UGI), which makes up 4.55% of the First Trust Ut
For investors seeking momentum, iShares S&P 500 Value ETF IVE is probably on radar. The fund just hit a 52-week high, and is up 64% from its 52-week low price of $81.70 per share.But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term
Socially responsible investments that follow environmental, social, and governance principles finally caught the break they were looking for. Investors funneled a record amount of money into ESG funds last year, more than doubling the prior year’s intake, CNBC reports. ESG funds attracted $51.1 billion of net new money from investors over 2020, which also marked [...] Read more at ETFtrends.com.
Oil prices have staged a rally lately with United States Oil Fund LP USO and United States Brent Oil Fund LP BNO adding about 2.6% and 3.2%, respectively, past week. The real surge was noticed on Feb 12, when USO and BNO were up 2.5% and 2.8%, respectively. Freezing weather has i
Platinum exchange traded funds have rallied over the past year, with the white metal hovering near its highest level in six years. Investors continue to pile in. Over the past three months, the Aberdeen Standard Platinum Shares ETF (NYSEArca: PPLT) has increased 43.1%% and the GraniteShares Platinum Trust (PLTM) has added 44.5%. Money managers have started pouring [...] Read more at ETFtrends.com.
By Pedro Palandrani, Andrew Little, Global X Internet of Things Surging Demand Sparks Semiconductor Sales Growth Semiconductors are indispensable when it comes to the evolution of emerging technologies such as the Internet of Things, cloud computing hardware, autonomous vehicles, industrial automation, and others. As these themes accelerate, so does the demand for semiconductors. Taiwan Semiconductor [...] Read more at ETFtrends.com.
By Paul Wong, CFA, Market Strategist, Sprott Gold bullion1 lost 2.67% in January after gaining 25.12% in 2020. Silver bullion2 rose 2.22% in January after climbing 47.89% in 2020. Gold mining equities3 followed bullion, declining 5.33% in January, after gaining 23.34% in 2020. By comparison, the S&P 500 TR Index6 lost 1.11% for the month. Month of January 2021 [...] Read more at ETFtrends.com.
In recent trading, shares of Vonage Holdings Corp (Symbol: VG) have crossed above the average analyst 12-month target price of $15.04, changing hands for $15.35/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 Varonis System Inc (Symbol: VRNS) have crossed above the average analyst 12-month target price of $206.13, changing hands for $214.50/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 F5 Networks, Inc. (Symbol: FFIV) have crossed above the average analyst 12-month target price of $210.58, changing hands for $210.62/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 Semtech Corp. (Symbol: SMTC) have crossed above the average analyst 12-month target price of $78.25, changing hands for $78.89/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 Inphi Corp (Symbol: IPHI) have crossed above the average analyst 12-month target price of $173.00, changing hands for $174.87/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 Masimo Corp. (Symbol: MASI) have crossed above the average analyst 12-month target price of $271.17, changing hands for $275.72/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 Tractor Supply Co. (Symbol: TSCO) have crossed above the average analyst 12-month target price of $157.62, changing hands for $159.93/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 ImmunoGen, Inc. (Symbol: IMGN) have crossed above the average analyst 12-month target price of $8.75, changing hands for $10.53/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 Intuit Inc (Symbol: INTU) have crossed above the average analyst 12-month target price of $409.92, changing hands for $413.99/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati