The third largest ETF recently reached the age of 13. Yes, the Vanguard 500 ETF (VOO) is now Taylor Swift’s lucky number. (Am I one of the first people to use Ms. Swift and Vanguard ETFs in the same sentence?) As the father of a Jewish son, the significance of this age is meaningful. My [...]
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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
In recent trading, shares of Jackson Financial Inc (Symbol: JXN) have crossed above the average analyst 12-month target price of $39.75, changing hands for $40.51/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 Watts Water Technologies Inc (Symbol: WTS) have crossed above the average analyst 12-month target price of $183.40, changing hands for $185.16/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow
To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention —
In recent trading, shares of Stevanato Group SpA (Symbol: STVN) have crossed above the average analyst 12-month target price of $34.44, changing hands for $34.66/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 BellRing Brands Inc (Symbol: BRBR) have crossed above the average analyst 12-month target price of $44.25, changing hands for $44.36/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 Lennox International Inc (Symbol: LII) have crossed above the average analyst 12-month target price of $376.25, changing hands for $377.30/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
In recent trading, shares of Consolidated Edison Inc (Symbol: ED) have crossed above the average analyst 12-month target price of $88.08, changing hands for $88.66/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
As we have been writing about for the last few months, we are seeing attractive valuations across the global financial markets. For example, the narrowness of this year’s equity market rally has left the capitalization weighted domestic indices, such as the S&P 500 Index and especially the Russell 1000 Growth Index, looking expensive. However, areas [...]
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Bond yields have been anything but boring in 2023. The Federal Reserve’s hiking campaign against stubborn inflation and resilient consumer spending, turmoil in Congress, and a bout of banking panic have kept fixed income analysts busy this year. But what does all this mean for advisors and longer-term investors? VettaFi contributor Dan Mika spoke with [...]
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It may not be new, but one of the best modern-day examples of disruptive technology is the smartphone. It is a technology that has radically disrupted human behavior and changed how we live our daily lives. The smartphone has not merely replaced the need for landline phones but changed how we engage with the world [...]
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On this episode of “What Makes That Ticker Tick,” VettaFi CMO Jon Fee spoke with Stacey Morris, head of Energy Research at VettaFi, to discuss the Alerian MLP Infrastructure Index (AMZI). The AMZI Index is the underlying index that currently powers two funds. The two funds that it powers are the Alerian MLP ETF (AMLP) [...]
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The iShares Core Conservative Allocation ETF is seeing unusually high volume in afternoon trading Monday, with over 790,000 shares traded versus three month average volume of about 110,000. Shares of AOK were trading flat on the day.
Small-caps have been feeling downward pressure all year thanks to stubborn inflation and high interest rates. But technical analysis data may reveal that there could be light at the end of the tunnel. The term “death cross” could provide a signal that selling pressure is over for small-caps and that a rebound could be forthcoming. [...]
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Are markets actually set for a recession? That was the narrative that dominated entering 2023, but with just several weeks left, it hasn’t materialized. Many investors may have been looking ahead with a sense of hesitation toward 2024. But it may be worth considering a more positive scenario. Uncertainty about whether a recession will take [...]
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Hartford Funds has added the first active equity ETF to its lineup through the conversion of an existing mutual fund with a 27-year track record. The Hartford Quality Value ETF (QUVU) is subadvised by Wellington Management. The active equity ETF is managed by the same team behind the predecessor Hartford Quality Value Fund. Furthermore, QUVU’s [...]
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In trading on Monday, the SPDR S&P Regional Banking ETF is outperforming other ETFs, up about 2.8% on the day. Components of that ETF showing particular strength include shares of Axos Financial, up about 4.9% and shares of Metropolitan Bank Holding, up about 4.6% on the d
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 Bloomberg High Yield Bond ETF, where 14,800,000 units were destroyed, or a 19.1% decrease week over week.