Nasdaq ETFs

In recent trading, shares of Insight Enterprises Inc. (Symbol: NSIT) have crossed above the average analyst 12-month target price of $138.00, changing hands for $138.36/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

Following the close of U.S. markets Thursday, March 17, index giants S&P and MSCI commence the latest alterations to the global industry classification standard (GICS), meaning a slew of companies are moving from one sector to another and, in some cases, getting new industry classifications in the process. As has been previously noted, some of [...] Read more at ETFtrends.com.

In the latest episode of ETF Prime, VettaFi’s vice chairman Tom Lydon discussed a grab bag full of topics, from the ETF impact of SVB’s collapse to oral arguments in Grayscale’s SEC lawsuit, to year-to-date ETF flows, and a Vanguard milestone. Later in the episode, Roundhill’s chief strategy officer Dave Mazza previewed the firm’s upcoming [...] Read more at ETFtrends.com.

Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a bi-weekly basis, updating the report every other Monday, along with an accompanying podcast. Based on the strong U.S. economic data so far this year, investors have again become worried that the [...] Read more at ETFtrends.com.

VettaFi’s vice chairman Tom Lydon joined TD Ameritrade’s The Watchlist program with host Nicole Petallides on Tuesday, discussing recent trends in the ETF space. With markets rebounding thanks to positive news on inflation and taking a breather from banking-related panic, the two discussed the start of the year for ETFs and the insights found in [...] Read more at ETFtrends.com.

In trading on Tuesday, shares of the iShares Core MSCI Emerging Markets ETF (Symbol: IEMG) entered into oversold territory, changing hands as low as $46.74 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato

In trading on Tuesday, shares of the JETS ETF (Symbol: JETS) entered into oversold territory, changing hands as low as $18.15 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on

In trading on Tuesday, shares of the Uranium ETF (Symbol: URA) entered into oversold territory, changing hands as low as $19.315 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum

In trading on Tuesday, shares of the PULS ETF (Symbol: PULS) crossed below their 200 day moving average of $49.11, changing hands as low as $48.90 per share. PULS shares are currently trading off about 0.3% on the day. The chart below shows the one year performance of PULS sh

Among the various investment factors, it’s not a stretch to say that growth, size, and value, among others, are easily understood while others, like momentum, are in the misunderstood camp. Many investors think of the factor as a bull market only strategy, meaning they may be apt to gloss over exchange traded funds such as [...] Read more at ETFtrends.com.

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 (UVIX ) 2x Long VIX Futures ETF 43.18% (BNKD B) MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs 41.11% [...] Read more at ETFtrends.com.

Perhaps the key virtue of active management is its ability to respond to uncertainty — a real asset as concern surrounding banking contagion from Silicon Valley Bank (SVB) roils markets. In a situation that is still evolving, impacting other banks like First Republic Bank (FRC) and adding further confusion for the Fed’s campaign against inflation, [...] Read more at ETFtrends.com.

The S&P 500 just experienced its worst week of the year so far. In fact, it was the worst week that the market has seen since September. The decline was led by banking stocks, but volatility was broadly felt across most major market sectors.   Up until last week, the S&P 500 had experienced five [...] Read more at ETFtrends.com.

Bank contagion fears on the heels of the collapse of Silicon Valley Bank, Signature Bank, and Silvergate Bank have prompted Moody’s Investor Service to downgrade the entirety of the U.S. banking sector from stable to negative. Market volatility continues as investors weigh this new element of risk in the Fed’s fight against inflation, an environment [...] Read more at ETFtrends.com.

Harbor Capital Advisors recently completed the industry’s first mutual fund into an existing ETF merger. Harbor merged the Harbor High-Yield Bond Fund (HYFAX), a mutual fund, into the Harbor Scientific Alpha High-Yield ETF (SIHY), an ETF, effective February 24, 2023. The move allows investors in the Harbor High-Yield Bond Fund the liquidity and tax advantages of [...] Read more at ETFtrends.com.

All eyes in the market right now are on the banking sector, as fear of contagion risk from trouble at Silicon Valley Bank (SVB) and tumbling First Republic Bank (FRC) abounds. That includes ETF investors, with the banking sector situation leading off Bloomberg TV’s ETF IQ show Monday including Avantis Investors’ CIO Eduardo Repetto. Repetto [...] Read more at ETFtrends.com.

The iShares U.S. Regional Banks ETF is seeing unusually high volume in afternoon trading Tuesday, with over 2.1 million shares traded versus three month average volume of about 209,000. Shares of IAT were up about 4.6% on the day.

In trading on Tuesday, the SPDR S&P Regional Banking ETF is outperforming other ETFs, up about 6% on the day. Components of that ETF showing particular strength include shares of Pacwest Bancorp, up about 59.5% and shares of First Republic Bank, up about 56.6% on the day.

First Trust Advisors has launched the First Trust Bloomberg Inflation Sensitive Equity ETF (NYSE Arca: FTIF), a new ETF that invests primarily in U.S. exchange-listed companies within sectors that are expected to benefit, either directly or indirectly, from rising prices. The fund seeks investment results that correspond generally to the price and yield (before the [...] Read more at ETFtrends.com.