Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Bloomberg Barclays High Yield Bond ETF (Symbol: JNK) where we have detected an approximate $109.3 million dollar outflow -- that's a 0.9
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P Dividend ETF, where 13,000,000 units were destroyed, or a 7.6% decrease week over week. Among the largest underlying componen
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Silver Trust, which added 57,050,000 units, or a 8.8% increase week over week.
In recent trading, shares of GoPro Inc (Symbol: GPRO) have crossed above the average analyst 12-month target price of $8.16, changing hands for $8.23/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, o
In recent trading, shares of Berkley Corp (Symbol: WRB) have crossed above the average analyst 12-month target price of $67.00, changing hands for $67.25/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 Veeva Systems Inc (Symbol: VEEV) have crossed above the average analyst 12-month target price of $302.94, changing hands for $304.44/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
On Feb 9, after market close, short messaging service provider Twitter TWTR came up with adjusted quarterly earnings of 38 cents per share for the fourth quarter of 2020, beating the Zacks Consensus Estimate of 30 cents per share. This compares to earnings of 25 cents per share a
In recent trading, shares of C3.ai Inc (Symbol: AI) have crossed above the average analyst 12-month target price of $155.00, changing hands for $168.92/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 Sunnova Energy International Inc (Symbol: NOVA) have crossed above the average analyst 12-month target price of $51.80, changing hands for $53.44/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react:
In recent trading, shares of Canadian National Railway Co (Symbol: CNI) have crossed above the average analyst 12-month target price of $107.16, changing hands for $107.21/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow
In recent trading, shares of Gartner Inc (Symbol: IT) have crossed above the average analyst 12-month target price of $172.20, changing hands for $183.72/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 Invitae Corp (Symbol: NVTA) have crossed above the average analyst 12-month target price of $51.30, changing hands for $52.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
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 Keysight Technologies Inc (Symbol: KEYS) have crossed above the average analyst 12-month target price of $145.86, changing hands for $146.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
Diversification is always key to successful investing, and it’s a great way to get into some ETF education. ETF Trends’ CIO and Director of Research, Dave Nadig, was on hand to discuss some notable ETFs that would serve long-time investors well with TD Ameritrade’s Nicole Petallides during “Market Overtime.” Nadig stars by noting how ETFs [...] Read more at ETFtrends.com.
When looking at socially responsible investments that track environmental, social, and governance principles, many have singled out the ‘E’ component over the years to help fight the negative effects of climate change. The coronavirus pandemic has helped place greater emphasis on the ‘S’ factor. Companies are beginning to give greater attention to social factors that [...] Read more at ETFtrends.com.
It’s been almost a month since last checking in on the current copper ETF rally with the outlook continuing to look bright. While the economy is still in need of a lift via stimulus, investors can find many opportunities in the strong demand for metals and raw materials. Looking specifically at the United States Copper Index Fund [...] Read more at ETFtrends.com.
Marijuana stocks and cannabis-related exchange traded funds climbed Tuesday after Tilray (NasdaqGS: TLRY) struck a deal with Grow Pharma to import and distribute medical cannabis products in the United Kingdom, potentially foreshadowing the expansion of the pot businesses into more globalized markets. Among the best performing non-leveraged ETFs of Tuesday, the ETFMG Alternative Harvest ETF [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds managed to eke out modest gains Tuesday, extending their six-day consecutive streak of gains toward record highs. On Tuesday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 0.1%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.1%, and iShares Core S&P 500 ETF (NYSEArca: IVV) was flat. “Very [...] Read more at ETFtrends.com.
The world’s most popular cryptocurrency, bitcoin, has been dominating the headlines since yesterday. It climbed around 20% on Feb 8 after the world’s largest electric-car maker, Tesla TSLA, announced in a Securities and Exchange Commission (SEC) filing that it has purchased $