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
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
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
D.R. Horton (DHI), one of the biggest and well-known homebuilders in the nation, came up with upbeat first-quarter fiscal 2021 results. Earnings came in at $2.14 per share in the quarter, surpassing the Zacks Consensus Estimate of $1.72 by 24.4%. The reported figure also increase
The world has now witnessed another grim milestone in the coronavirus outbreak as the number of confirmed cases has crossed the 100-million mark, according to Johns Hopkins University data. Going by the latest World Bank figures, considering the world population of about 7.67 bi
On Wednesday, Krane Funds Advisors, LLC, (“KraneShares“), a global asset management firm known for its China-focused ETFs and innovative China investment strategies, announced the launch of the KraneShares SSE STAR Market 50 Index ETF (KSTR) on the New York Stock Exchange. KSTR tracks the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board 50 Index. The Index comprises the 50 [...] Read more at ETFtrends.com.
The mood in Wall Street seems upbeat as the introduction of a coronavirus vaccine and addition of stimulus are expected to drive demand and economic activities. Amid the pandemic, the Fed has pledged to hold rates at a near-zero level and will continue with the asset purchase pro
2020 was one for the books. Unfortunately, the asset allocation picture isn’t getting much clearer in 2021. With near-zero interest rate policy the never-ending normal, new approaches to solving the asset allocation riddle are needed. In the upcoming webcast, Rethinking Asset Allocation and Income in 2021, Christopher C. Graham, CIO, Nationwide Funds Group; Curt Brockelman, [...] Read more at ETFtrends.com.
About 60 large international companies, including Bank of America, Mastercard, and KPMG, announced they will adopt a new reporting framework on environmental, social, and governance principles in partnerships with the World Economic Forum. The ESG standards, or ‘Stakeholder Capitalism Metrics’, will measure a company’s performance on factors like how the company is impacting the environment, [...] Read more at ETFtrends.com.
The buying frenzy in GameStop Corp. (NYSE: GME) has lifted a number of sector and thematic exchange traded funds. Among the best performing non-leveraged ETFs of Wednesday, Wedbush ETFMG Video Game Tech ETF (NYSEARCA: GAMR), which tracks global companies engaged in supporting or utilizing the video gaming industry, advanced 15.1%. The SPDR S&P Retail ETF (XRT), [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds retreated Wednesday as the delayed rollout of the Covid-19 vaccinations and a slowdown in the economic recovery weighed on sentiment. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 1.5%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was down 1.1%, and iShares Core S&P 500 ETF (NYSEArca: IVV) [...] Read more at ETFtrends.com.
2020 was the year of SPACs! 248 SPACs made their debut and raised $83.4 billion in the US in 2020, more than over the entire receding decade. 75 SPACs have already raised $21.5 billion in 2021, per SPAC Research. Several high-profile investors and public figures, including Chamat
With the tailwind of a vaccine rollout, China’s economic recovery is helping to fuel its equities. This can be seen in small caps via the iShares MSCI China Small-Cap ETF (ECNS), which is already up 17% year-to-date. ECNS seeks to track the investment results of the MSCI China Small Cap Index. The fund generally will [...] Read more at ETFtrends.com.
Of Note This Week Here’s a look at vaccine innovation since 1880. As you can see, prior to the COVID-19 vaccine(s), which took less than 1 year to develop and get licensed in the US, the next fastest vaccine was Measles, which took 10 years! Housing Starts Total Housing Starts posted a +5.8% M/M gain [...] Read more at ETFtrends.com.
The MSCI China index is up about 13% year-to-date, so it’s no surprise investors are piling into Chinese equities amid a vaccine rollout. This is feeding into strength for a pair of bullish leveraged ETFs from Direxion Investments: the Direxion Daily FTSE China Bull 3X ETF (YINN) and the Direxion Daily CSI China Internet Bull 2X [...] Read more at ETFtrends.com.
U.S. markets have seen a great start to 2021, thanks to a super-dovish Fed and ECB, COVID-19 vaccine rollouts and optimism about fatter fiscal stimulus in the Biden presidency. Wall Street has been hovering over record highs.