Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Innovation ETF (Symbol: ARKK) where we have detected an approximate $137.1 million dollar outflow -- that's a 2.3% decrease week over week (from
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio Long Term Treasury ETF (Symbol: SPTL) where we have detected an approximate $97.4 million dollar outflow -- that's a 1.6% decrease we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Dynamic Leisure and Entertainment ETF (Symbol: PEJ) where we have detected an approximate $86.4 million dollar outflow -- that's a 16.5% dec
In recent trading, shares of Abercrombie & Fitch Co (Symbol: ANF) have crossed above the average analyst 12-month target price of $23.17, changing hands for $23.60/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 Equifax Inc (Symbol: EFX) have crossed above the average analyst 12-month target price of $198.26, changing hands for $198.31/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of Kronos Worldwide Inc (Symbol: KRO) have crossed above the average analyst 12-month target price of $9.67, changing hands for $9.68/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
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
Fintech was just one of the many sectors that felt the hurt in the broad market selloff, but there are still reasons to watch the space in 2023, especially relative to the mega-tech cap’s significant losses, as recent changes at Shopify (SHOP) exemplify. For investors with a positive outlook on tech and disruptive innovation in [...]
Read more at ETFtrends.com.
On the first 2023 episode of ETF Prime, host Nate Geraci and Dave Nadig, Financial Futurist at VettaFi, previewed the upcoming year in ETFs and the financial markets. Nadig also discussed the potential implications of longer-term asset management trends including crypto, ESG, direct indexing, and the rise of passive. After taking a moment to catch up, [...]
Read more at ETFtrends.com.
Harbor Capital Advisors is expected to expand its ETF lineup through mutual fund conversions in 2023, building upon the success of the Harbor Dividend Growth Leaders ETF (GDIV). GDIV was added to Harbor’s ETF lineup in May 2022 through the conversion of an existing mutual fund that carried a nine-year track record and nearly $150 [...]
Read more at ETFtrends.com.
2022 was a year of challenge for advisors and investors, as traditional portfolios were forced to contend with a negative performance from equities and bonds. Retirement portfolios felt the squeeze from inflation and its myriad impacts, the challenge of navigating the positive correlation between stocks and bonds, and the continued and pronounced volatility that sent [...]
Read more at ETFtrends.com.
Several notable China and Asia-focused ETFs sent up buy signals on Tuesday, crossing their respective 200-Day Simple Moving Averages. The news comes following yesterday’s strong start for Chinese stocks in Hong Kong, posting their best start to the year since 2018, with investors perhaps buoyed by the prospect of the continued reopening of the mainland’s [...]
Read more at ETFtrends.com.
VettaFi vice chairman Tom Lydon appeared on Fox Business News with host Liz Claman and Carnivore Trading CEO Dutch Masters to discuss opportunities in China and the timing of a potential Fed pivot. Opportunities in China Despite the rough markets last year and the general skittishness around China, Lydon thinks there are some great valuations [...]
Read more at ETFtrends.com.
In trading on Tuesday, shares of the First Trust Nasdaq Oil & Gas ETF (Symbol: FTXN) crossed below their 200 day moving average of $27.11, changing hands as low as $26.31 per share. First Trust Nasdaq Oil & Gas shares are currently trading down about 5.3% on the day.
Innovator Capital Management announced the new upside caps and return profiles for the 14 ETFs in the January series of the sponsors’ Defined Outcome ETFs lineup, as well as the five quarterly resetting ETFs that rebalanced at the end of the month. The resetting ETFs span Innovator’s Defined Outcome ETF lineup, including Buffer ETFs, Accelerated ETFs, [...]
Read more at ETFtrends.com.
China’s rollback of its zero-COVID policy at the end of 2022 was hailed as a victory, though investments have been slow to roll back into Chinese-centric funds, likely due to the economic impacts of the surge in COVID-related hospitalizations and deaths country-wide. Brendan Ahern, CIO of KraneShares, recently appeared on the “CNBC Special: Taking Stock [...]
Read more at ETFtrends.com.