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
By Roman Chuyan, CFA Investors’ hope that the Fed killed inflation, and would soon end its tightening, fueled the summer market rebound. Chairman Powell dashed these hopes with his August-26 speech. Stocks attempted to rally in the first half of the month but turned decisively down on August 19. The highly-anticipated speech by Fed Chair [...] Read more at ETFtrends.com.
Autonomous and electric vehicles are often used interchangeably when referring to future mobility, and while the two concepts overlap, there are some key differences. It is important for investors to understand the difference between these two categories—particularly when evaluating expectations over current autonomous technology. In other words, even though electric vehicles have become mainstream, true [...] Read more at ETFtrends.com.
Thursday was a rocky day for stocks, with major indexes managing to close higher after Federal Reserve Chair Jerome Powell gave his final speech before the central bank officials go into the two-week quiet period leading up to the September 20-21 rate meeting. Powell’s message aligned with previous guidance from the Fed, reiterating once again [...] Read more at ETFtrends.com.
Investors do not need to feel constrained by establishing an appropriate asset allocation strategy and staying invested in the markets. While the ongoing volatility can unnerve markets, pushing some to abandon their current allocation plans and delay their long-term goals, investors can turn to a minimum strategy as part of a core equity investment to [...] Read more at ETFtrends.com.
Investors should consider the benefits and risks of hedged equity exchange traded fund strategies and the best practices when utilizing these alternative strategies to address market risks. In the recent webcast, How Hedged Equity Strategies Help Prepare for Bull and Bear Markets, Rob Swan, COO and portfolio manager at Swan Global Investments, noted that the [...] Read more at ETFtrends.com.
Markets absorbed the most recent messaging from Federal Reserve Chair Jerome Powell that the central bank remains committed to bringing down inflation, with major indexes oscillating between losses and gains before closing higher. Investing in continued volatility has been a challenge for advisors and investors this year, and Todd Rosenbluth, head of research at [...] Read more at ETFtrends.com.
More money is flowing into Latin America since the rise of COVID-19, with foreign direct investment in Latin America having rebounded from the pandemic-induced slump. According to United Nations Conference on Trade and Development’s World Investment Report 2022, FDI flows to the region grew to $134 billion in 2021, up 56% from the year prior. [...] Read more at ETFtrends.com.
After launching its ETF business roughly two years ago, Dimensional Fund Advisors has grown to becoming “the largest active ETF issuer in the world,” according to ETF Investment Strategist Anthony Caruso. Speaking with NYSE’s Judy Shaw at Exchange: An ETF Experience 2022, Caruso said that through the year, Dimensional was focused on expanding its [...] Read more at ETFtrends.com.
While many Republicans are acting performatively outraged over the concept of environmental, social, and governance investing, ESG investing remains popular among many investors — even in red states. Morningstar recently found that pension plans in states like Texas had an average support rate of 80% for shareholders’ proposals that encourage companies to consider ESG issues [...] Read more at ETFtrends.com.
Liquidity is critical to the daily movements of institutional and retail traders, but what about advisors who are picking securities for long-horizon clients? VettaFi contributor Dan Mika spoke with William Knight, a wealth advisor at Pittsburgh-based Legend Financial Advisors, about his strategies around liquidity when working with high net worth clients. Dan Mika, VettaFi: Walk [...] Read more at ETFtrends.com.
J.P. Morgan Asset Management today announced the launch of the JPMorgan Sustainable Consumption ETF (CIRC), the JPMorgan Social Advancement ETF (UPWD), and the JPMorgan Sustainable Infrastructure ETF (BLLD), adding to JPMAM’s suite of active sustainable thematic ETFs. The funds will be listed on the Nasdaq. CIRC, UPWD, and BLLD will focus on investable themes that [...] Read more at ETFtrends.com.
In the last speech before the Federal Reserve enters its two-week quiet period before the next rate-setting meeting on September 20-21, Federal Reserve Chair Powell reiterated once more that the fight against inflation remains a top priority, as well as a desire to bring the labor market into an alignment that won’t add inflationary pressures, [...] Read more at ETFtrends.com.
VettaFi’s vice chairman Tom Lydon discussed the VanEck Uranium+Nuclear Energy ETF (NLR) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” NLA is above its 200-day moving average. Jaffe and Lydon see plenty of reasons for this. Lydon said, “In the face of the growing energy crisis, the world is taking a [...] Read more at ETFtrends.com.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Ingersoll Rand Inc (Symbol: IR) has taken over the #148 spot from Raymond James Financial Inc (Symbol: RJF), according to ETF Channel. Below is a chart of Ingersoll
A study of analyst recommendations at the major brokerages shows that Chevron Corporation (Symbol: CVX) is the #18 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Within the broader S&P 500, when component
Harbor Capital Advisors today launched a new active ETF focused on international companies with expected sustainable earnings growth to help drive compounded long-term wealth creation. The Harbor International Compounders ETF (OSEA), listed September 8 on the NYSE, will pursue an actively managed strategy that seeks long-term growth of capital and invests primarily in equity securities [...] Read more at ETFtrends.com.
The ALPS Equal Sector Weight ETF (EQL) has been gaining in popularity in recent months as investors look to the benefits of a sector equal-weighting methodology. EQL took in the greatest inflows across ALPS’ lineup of ETFs in August, taking in $74 million. The fund trailed either the ALPS Sector Dividend Dogs ETF (SDOG), the [...] Read more at ETFtrends.com.
Amplify ETFs has announced the launch of the actively managed Amplify International Enhanced Dividend Income ETF (NYSE Arca: IDVO). IDVO seeks to provide monthly income from international dividend-paying stocks in the form of American depository receipts (ADRs) and by opportunistically writing covered calls on those stocks. IDVO will invest in 30–50 securities that have been screened according to [...] Read more at ETFtrends.com.