November was a historic month for Wall Street with the Dow Jones Industrial Average logging its best month since January 1987. Meanwhile, the S&P 500 and the Nasdaq Composite Index enjoyed their best month since April. The soaring stock market has led to a huge rally in ETF w
The First Trust Industrials/Producer Durables AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 201,000 shares traded versus three month average volume of about 67,000. Shares of FXR were down about 0.8% on the day.
The universe of actively managed exchange traded funds is growing – both in terms of population and assets under management. One driver of this rise is a new breed of active ETFs that doesn’t disclose holdings on a daily basis. If there’s one thing active fund managers don’t like, it’s having to contend with front-runners, [...] Read more at ETFtrends.com.
In trading on Wednesday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 5.4% on the day. Components of that ETF showing particular strength include shares of Kosmos Energy, up about 13.8% and shares of Murphy
The energy sector is finally showing signs of life, and that’s good news for exchange traded funds like the FlexShares Morningstar Global Upstream Natural Resource Index Fund (NYSEArca: GUNR). GUNR jumped more than 15% last month. GUNR provides exposure to the rising demand for natural resources and tracks global companies in the energy, metals, and [...] Read more at ETFtrends.com.
The Global X FinTech ETF (NasdaqGM: FINX) is higher by nearly 41% year-to-date, confirming the fintech thesis is alive and well. Bitcoin stands to boost it further. FINX seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Fintech Thematic Index. The underlying [...] Read more at ETFtrends.com.
The value factor has been beaten up for years, so much so that some market analysts were beginning to wonder if the factor has lost its usefulness. Then value stocks started to look alive in the later part of 2020. Using Vanguard Value ETF (VTV) for value and Vanguard Growth ETF (VUG) for growth, Tom [...] Read more at ETFtrends.com.
By Michael Venuto At the ETF Think Tank, we research the opportunities and pitfalls of the growth of the ETF Industry. This research is intended to support the growth of advisors and the portfolios of clients. Growth is a common theme throughout these concepts, but goes beyond just assets and includes innovations, client service and [...] Read more at ETFtrends.com.
Tesla Motors TSLA once again has made investors scurry to its stock with the news of its entry into the S&P 500 Index. S&P Dow Jones Indices announced it would add the electric car maker to the index in a single tranche before market open on Dec 21.With the market capital
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell Top 200 Growth ETF (Symbol: IWY) where we have detected an approximate $77.5 million dollar outflow -- that's a 2.3% decrease week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500— Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $624.9 million dollar outflow -- that's a 6.9% de
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHD ETF (Symbol: SCHD) where we have detected an approximate $241.8 million dollar inflow -- that's a 1.6% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Energy Select Sector SPDR— Fund (Symbol: XLE) where we have detected an approximate $326.9 million dollar inflow -- that's a 2.8% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARKW ETF (Symbol: ARKW) where we have detected an approximate $148.7 million dollar inflow -- that's a 3.8% increase week over week in outstanding u
In recent trading, shares of Berkley Corp (Symbol: WRB) have crossed above the average analyst 12-month target price of $66.00, changing hands for $67.54/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 Fox Corp (Symbol: FOXA) have crossed above the average analyst 12-month target price of $29.57, changing hands for $30.14/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 Broadcom Inc (Symbol: AVGO) have crossed above the average analyst 12-month target price of $402.95, changing hands for $404.57/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 Microchip Technology Inc (Symbol: MCHP) have crossed above the average analyst 12-month target price of $134.41, changing hands for $136.97/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 Guidewire Software Inc (Symbol: GWRE) have crossed above the average analyst 12-month target price of $123.67, changing hands for $123.96/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
In recent trading, shares of Prudential Financial Inc (Symbol: PRU) have crossed above the average analyst 12-month target price of $75.71, changing hands for $77.11/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade