Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Ultra Bloomberg Natural Gas, which added 24,500,000 units, or a 6.5% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Gold Shares (Symbol: GLD) where we have detected an approximate $310.3 million dollar outflow -- that's a 0.5% decrease week over week (from 32
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the NULG ETF (Symbol: NULG) where we have detected an approximate $162.8 million dollar outflow -- that's a 13.6% decrease week over week (from 20,250,0
In recent trading, shares of Cohu Inc (Symbol: COHU) have crossed above the average analyst 12-month target price of $39.00, changing hands for $39.21/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 TG Therapeutics Inc (Symbol: TGTX) have crossed above the average analyst 12-month target price of $28.39, changing hands for $28.98/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 Leonardo DRS Inc (Symbol: DRS) have crossed above the average analyst 12-month target price of $16.20, changing hands for $16.67/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 Saia Inc (Symbol: SAIA) have crossed above the average analyst 12-month target price of $304.92, changing hands for $304.97/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 Biomea Fusion Inc (Symbol: BMEA) have crossed above the average analyst 12-month target price of $41.50, changing hands for $41.80/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
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
Comcast Corp (Symbol: CMCSA) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a staggering $22.56B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.87% yield, according to the most recent Dividend Channel ''Divide
CME Group (Symbol: CME) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.4% yield, as well as being recognized by prominent asset managers as being a socially res
The S&P 500 hit bull market territory this week from October lows, carried by a small number of mega-cap companies. Investors with an eye toward the concentration risk within broad equity exposure should consider managed futures for their low correlations to stocks and bonds. Many of the strongest-performing companies this year are tech companies. The [...]
Read more at ETFtrends.com.
Many commodities are off their 2022 highs as recession concerns continue to weigh heavily on demand forecasts. Investors looking to enhance or change their commodity exposures this year should consider the addition of carbon allowances. Carbon allowance ETFs are outperforming broad commodities YTD and add strong diversification potential to portfolios. Broad commodities, measured by the [...]
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Equal weight strategies could show strength in the second half as market breadth has shown signs of improving. Recent broader returns have turned the S&P 500 year-to-date breadth positive. The benchmark’s month-to-date breadth has significantly improved, with 425 names up and 78 names down as of June 7, Howard Silverblatt, senior index analyst at S&P [...]
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ChatGPT and AI seem to be everywhere these days, but what do they really mean for asset management and financial advisors? Does AI arrive as just a theme, or can it really have an immediate impact on financial advisors’ work? On Wednesday, VettaFi’s Dave Nadig hosted a webcast on AI titled “Beyond Chat: How AI [...]
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“When Hinton was interviewed on the American television show 60 Minutes, the interviewer asked whether he was angry at those who had put him in jail. He responded that he had forgiven all the people who had sent him to jail. The interviewer incredulously asked, ‘But they took thirty years of your life—how can you [...]
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Trip.com, an international travel agency headquartered in China, smashed domestic earnings expectations. It’s a reflection of China’s strong domestic consumer recovery that funds like the KraneShares CSI China Internet ETF (KWEB) stand to benefit from. The travel giant reported 124% revenue gains year-over-year explained Brendan Ahern, CIO of KraneShares, in the China Last Night blog. [...]
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By John A. Forlines, III Chief Investment Officer Over the past few weeks, equities have largely moved sideways. But it is not just the past few weeks that have been a wash. Zooming out on the S&P 500 shows that it is now trading at roughly the same level as it was in May of [...]
Read more at ETFtrends.com.