Nasdaq ETFs

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

Economic Overview For the 3rd consecutive meeting, the US Federal Open Market Committee raised the short-term Fed funds rate by 75 basis points.  This latest hike reinforced what has been one of the most aggressive series of rate hikes in modern times.  Investors, meanwhile, remained focused on inflation-sensitive economic data in September, looking for signs [...] Read more at ETFtrends.com.

 The OPEC production reduction has crude oil prices approaching $90 a barrel, causing some investors to be nervous that the cuts will reignite inflation worries. VettaFi’s director of research Stacey Morris appeared on TD Ameritrade Morning Trade Live with Oliver Renick to dig into the news. Though Morris said, “if you had asked me [...] Read more at ETFtrends.com.

A subset of financial Twitter loves to hate Jim Cramer, a longtime pundit on CNBC. Now, Tuttle Capital Management wants to let them bet against him. The longtime provider of leveraged and alternative strategies filed for the Inverse Cramer ETF (SJIM) and Long Cramer ETF (LJIM) late Wednesday. Both funds are actively managed, with the [...] Read more at ETFtrends.com.

Investors should consider the potential benefits of dividend growth exchange traded fund strategies as many seek out investments to mitigate the effects of market volatility and elevated inflation. In the recent webcast, Why Dividend Growth Matters in Today’s Market Environment, Shana Martin, product management and development at Nuveen, argued that the fed will remain hawkish [...] Read more at ETFtrends.com.

Matthews Asia has a strong reputation for investments in Asia and emerging markets, with a track record spanning over 30 years. The San Francisco-headquartered firm expanded its offerings in July with the debut of its first ETFs, a trio of transparent active ETF strategies focused on global emerging markets, Asia, and China. The Matthews Emerging [...] Read more at ETFtrends.com.

VettaFi’s vice chairman Tom Lydon discussed the VanEck Morningstar Wide Moat ETF (MOAT) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life. Jaffe sees wide moats as interesting but not necessarily intuitive play given the current market environment. Lydon noted that many investors have money on the sidelines and are [...] Read more at ETFtrends.com.

Yields for U.S. Treasuries are soaring as the Federal Reserve continues to raise interest rates and investors remain uncertain about how the U.S. central bank will proceed going forward. Per CNBC, on Wednesday, the yield on the 10-year Treasury was higher by around 16 basis points at 3.779%. Meanwhile, the 2-year Treasury climbed 7 basis [...] Read more at ETFtrends.com.

Interest rate hikes to tame inflation may be roiling global markets as investors grapple with recession concerns, but higher interest rates have also arguably made fixed income potentially interesting again for new allocations. With yields for some income investments hitting multi-year highs, today’s note provides an overview of the landscape for income investors and puts [...] Read more at ETFtrends.com.

India is seeing a surge in startups planning to go public. Citing data from Prime Database, Nikkei Asia reports that during the first eight months of this year, 20 companies have so far raised about 433 billion rupees ($5.27 billion) through IPOs in India. By comparison, 63 companies raised 1.18 trillion rupees over the whole [...] Read more at ETFtrends.com.

The Mortgage REIT Income ETF is seeing unusually high volume in afternoon trading Thursday, with over 400,000 shares traded versus three month average volume of about 95,000. Shares of MORT were down about 1.7% on the day.

In trading on Thursday, the Oil Services ETF is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Transocean, up about 6.2% and shares of Technipfmc, up about 4.8% on the day.

While the news about fixed income markets has been dire, there may be many good investment opportunities in the space. Speaking on “Bloomberg Surveillance,” BlackRock’s head of global fundamental fixed income strategy Marilyn Watson said that higher interest rates have in fact created a “far better environment” for fixed income investors, with “decent returns and [...] Read more at ETFtrends.com.

Distillate Capital, a fundamentals-driven equity manager focused on delivering highly differentiated risk-managed value investing strategies, today announced the launch of the Distillate Small/Mid Cash Flow ETF (NYSE Arca: DSMC), the newest addition to the firm’s ETF lineup built around the firm’s measures of quality, risk, and value as seen through the lens of free cash [...] Read more at ETFtrends.com.

NightShares, an ETF provider founded by industry veterans focused on capturing value from the “night effect,” a phenomenon whereby overnight markets have historically outperformed the daytime trading session on a risk-adjusted basis, today announced the launch of its newest fund: the NightShares 500 1x/1.5x ETF (NYSE Arca: NSPL). NSPL joins the NightShares ETF lineup, which [...] Read more at ETFtrends.com.

With U.S. stocks slumping, it’s not surprising that international equivalents are out of favor among market participants. The other side of that coin is that there’s bountiful opportunity among ex-U.S. developed market equities. Investors can even access those opportunities under the umbrella of environmental, social, and governance (ESG) principles. Enter the IQ Candriam ESG International [...] Read more at ETFtrends.com.

VanEck today announced the launch of the VanEck Morningstar SMID Moat ETF (CBOE: SMOT), the newest addition to the firm’s lineup of “moat”-focused equity funds. SMOT is designed to provide investors with exposure to attractively priced U.S. small- and mid-cap (SMID-cap) companies that Morningstar believes possess long-term competitive advantages. “Launching SMOT is an exciting natural [...] Read more at ETFtrends.com.

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco Senior Loan ETF, where 13,300,000 units were destroyed, or a 8.0% decrease week over week.

With growth stocks out of favor, the idea of embracing momentum may seem counterintuitive to many investors, but some analysts argue market pullbacks – even in this environment – offer investors opportunity to consider adding momentum equities. For market participants who want to test that thesis without the burden of stock picking, exchange traded funds [...] Read more at ETFtrends.com.