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

Investors are returning to U.S. socially responsible or sustainable exchange traded fund strategies after outflows in May ended a three-year track record of consecutive monthly inflows. According to Morningstar data, sustainable mutual funds and ETFs, such as those that track environmental, social, and governance principles, brought in a “modest” $528 million in net new inflows [...] Read more at ETFtrends.com.

Investors have cut their exposure to equities to the lowest level since the 2008 financial crisis. According to a Bank of America survey, investment managers, and fund managers have cut their net overweight position in stocks to the lowest level since October 2008 and raised cash to a 21-year high of 6.1% of total assets [...] Read more at ETFtrends.com.

Investors can potentially protect against chaotic markets with quality, low-volatility exchange traded fund strategies to better diversify their core allocations. In the recent webcast, When Rates Rise, it’s Time to Combine Low Volatility & Quality, Jordan Dekhayser, head of the Quantitative Strategist Team at Northern Trust Asset Management, warned investors that we are in a [...] Read more at ETFtrends.com.

Italy country-specific exchange traded funds plunged Wednesday after multiple parties refrained from supporting Prime Minister Mario Draghi in a confidence vote. The iShares MSCI Italy Capped ETF (EWI) decreased 4.2%. Italian markets retreated on the prospects that Draghi’s government could fall. Three key parties announced they wouldn’t support him in a confidence vote, which could [...] Read more at ETFtrends.com.

By Rob Stein As the markets hit that magical percent drawdown number, market experts tell us we are in a bear market. If only they told us sooner… Inflation was not transitory after all, and the Fed needed to react which led to the typical result from raising rates quickly… Again, who could predict that [...] Read more at ETFtrends.com.

Coinbase put out a blog post to say that it “had no financing exposure” to Celsius, Three Arrows Capital, or Voyager digital. They did note that the Coinbase Venture program did make non-material investments to Terraform Labs. Following the announcement, shares of the company skyrocketed by 10%. “Many of these firms were over-leveraged with short-term [...] Read more at ETFtrends.com.

Third Quarter 2022 Asset Allocation Outlook Global growth is clearly slowing and the probability of a recession in the U.S. over the next year is significantly elevated. The Fed is continuing its aggressive attack on inflation through rapid increases in the fed funds rate and accelerating its balance sheet reduction. Economic data from overseas depicts [...] Read more at ETFtrends.com.

Within emerging markets, fintech firms are now competing in a space once dominated by traditional banks, providing service to unserved or underserved consumers. New, lower-cost banking models have displaced older business models and given consumers who’ve been previously excluded from traditional banking systems access to new services. For example, when Brazil-based fintech firm Nubank set [...] Read more at ETFtrends.com.

The role of individual states in the fight against climate change and emissions reduction has become crucial after the Supreme Court ruling that hobbled the ability of the Environmental Protection Agency to take action on climate change at a national level. For states that have pollution limits alongside existing carbon allowances such as California, or [...] Read more at ETFtrends.com.

Much has been written about the strong dollar, which has been bolstered by rising interest rates and a flight to safety amid recession concerns and weakness in Europe. A strong dollar has far-reaching implications for earnings, trade, and commodities priced in dollars, including oil. Typically, dollar strength or weakness takes a backseat to other fundamental [...] Read more at ETFtrends.com.

With real GDP falling in the first quarter of 2022, analysts and economists have been bandying about the term “recession” on a much more frequent basis, but digging into the data shows a much more muddled and less certain forecast. Nationwide’s Economic & Financial Markets Monthly Review dove into the metrics that the National Bureau [...] Read more at ETFtrends.com.

Real assets are a great way to augment a 60/40 portfolio during times of inflation, but they are also favorable as a long-term play to provide diversified risk exposures in all economic environments. Investors can find benefits in equity-based real assets as well as a futures-based approach; however, one strategy has a clear advantage. An [...] Read more at ETFtrends.com.

In trading on Wednesday, shares of the KRBN ETF (Symbol: KRBN) entered into oversold territory, changing hands as low as $43.60 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o

The passive ARK Transparency ETF (CTRU) will close next Tuesday after seven months on the market. ARK Invest was notified in July that Transparency Global will stop calculating CTRU’s underlying index, The Transparency Index™ (TRANSPCY), effective July 31, according to a statement from ARK. While ARK investigated alternative index providers, the firm said it did [...] Read more at ETFtrends.com.

After an extended bull run in commodity prices in the wake of Russia’s invasion of Ukraine, the prices of oil, metals, and agricultural products have dropped since early June, driven in part by investor fears of a possible recession and a rallying U.S. dollar. While the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC), [...] Read more at ETFtrends.com.

Securities and Exchange Commission chair Gary Gensler spoke to the ongoing discussions about the Holding Foreign Companies Accountable Act in an interview on Bloomberg’s “Balance of Power” show, in which he labeled negotiations as “constructive” but ultimately expressed uncertainty as to any resolution. The Holding Foreign Companies Accountable Act was passed at the beginning of [...] Read more at ETFtrends.com.

The Invesco Russell 1000—Dynamic Multifactor ETF is seeing unusually high volume in afternoon trading Wednesday, with over 2.8 million shares traded versus three month average volume of about 255,000. Shares of OMFL were trading flat on the day.

In trading on Wednesday, the WisdomTree Cloud Computing Fund ETF is outperforming other ETFs, up about 5.3% on the day. Components of that ETF showing particular strength include shares of Asana, up about 13.1% and shares of Olo, up about 12.5% on the day.