Top Performing Levered/Inverse ETFs Last Week These were last week’s top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (CONL ) GraniteShares 1.5x Long Coinbase Daily ETF 64.83% (GDXU B-) MicroSectors Gold Miners 3X Leveraged ETN 36.67% (BNKD B) MicroSectors [...]
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Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares Short S&P500, where 15,050,000 units were destroyed, or a 8.8% decrease week over week.
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 22,150,000 units, or a 10.5% increase week over week.
In recent trading, shares of Packaging Corp of America (Symbol: PKG) have crossed above the average analyst 12-month target price of $131.86, changing hands for $133.50/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
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
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 —
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 Symbotic Inc (Symbol: SYM) have crossed above the average analyst 12-month target price of $19.64, changing hands for $20.44/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 Lam Research Corp (Symbol: LRCX) have crossed above the average analyst 12-month target price of $512.19, changing hands for $513.29/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 Vishay Intertechnology, Inc. (Symbol: VSH) have crossed above the average analyst 12-month target price of $21.33, changing hands for $21.51/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
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
The strength of the service economy has tamped down the idea that a recession is imminent in the first half of 2023. In fact, some are arguing that it’s possible that an economic slowdown won’t even occur in the second half of 2023. Combine that with the Federal Reserve most likely continuing to raise interest [...]
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Crypto ETFs led the way in performance over the last week, continuing to rebound from the “crypto winter” narrative that set the tone for digital assets last year. Digital assets strategies have started the year well, but the last week’s performance could be attributable in part to the bank crisis that has unfolded over the [...]
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Click here for original publication There has been enough written about SIVB and what led to the point where the government stepped in to backstop it. Let’s talk about what happens next, which arguably is more important. Why is it more important? The damage has already been done with 500bps of rate hikes in 1 [...]
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In 2020, energy was just 2% of the S&P 500. It has been surging since, with some experts thinking it could reach 30% by 2025. But there’s more to energy than simple oil and gas. With its robust dividends and attractive tax position, the midstream space remains arcane to some investors. Energy infrastructure has several qualities [...]
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VettaFi’s head of research Todd Rosenbluth appeared on CNBC’s “ETF Edge” with Bob Pisani along with Roundhill’s Dave Mazza and AXS Investments’ Greg Bassuk to discuss investing in financials and leveraged/inverse ETFs related to the ARK Innovation ETF (ARKK). The fallout from the Silicon Valley Bank debacle continues. Regional banks are bouncing today but [...]
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Tax season can be exciting for financial advisors — it is an opportunity to flex your tax loss harvesting skills, meet with clients, and grow your business as investors take stock of where they are and where they want to be going. For your clients, however, tax season can be a source of anxiety, particularly coming [...]
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The Invesco PureBeta FTSE Developed ex-North America ETF is seeing unusually high volume in afternoon trading Monday, with over 2.8 million shares traded versus three month average volume of about 55,000. Shares of PBDM were off about 0.8% on the day.