A look at the weighted underlying holdings of the Morningstar Wide Moat ETF (MOAT) shows an impressive 10.1% of holdings on a weighted basis have experienced insider buying within the past six months.
Compass Minerals International Inc (Symbol: CMP), which makes up 0.82% of th
Many investors who hold shares of Grayscale’s Bitcoin Trust (GBTC) waited with bated breath this past week to see if the SEC would accept Grayscale’s application to convert the trust into the first spot Bitcoin ETF in the U.S.
Rising interest rates are plaguing fixed income assets of nearly all stripes this year, but that slump could be unearthing value among corporate bonds and the related exchange traded funds. On that note, the SPDR Bloomberg SASB Corporate Bond ESG Select ETF (RBND) is a relevant consideration for investors looking for the elevated income offered [...] Read more at ETFtrends.com.
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
In recent trading, shares of Beyond Meat Inc (Symbol: BYND) have crossed above the average analyst 12-month target price of $30.30, changing hands for $31.76/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
In recent trading, shares of Thor Industries, Inc. (Symbol: THO) have crossed above the average analyst 12-month target price of $82.12, changing hands for $82.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
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
In recent trading, shares of Tenneco Inc (Symbol: TEN) have crossed above the average analyst 12-month target price of $18.56, changing hands for $19.16/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Bumble Inc (Symbol: BMBL) have crossed above the average analyst 12-month target price of $34.17, changing hands for $34.37/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Mercury Systems Inc (Symbol: MRCY) have crossed above the average analyst 12-month target price of $63.28, changing hands for $63.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of Halozyme Therapeutics Inc (Symbol: HALO) have crossed above the average analyst 12-month target price of $49.25, changing hands for $50.17/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
The first half of 2022 was filled with headlines that sent equities into a bear market and fixed-income return indicators like the iShares Core U.S. Aggregate Bond ETF (AGG) into correction levels. But what if the second half of 2022 produces some positive surprises? VettaFi contributor Dan Mika spoke with Michael Arone, the chief investment [...] Read more at ETFtrends.com.
The CBOE Volatility Index, or so-called VIX, and related exchange traded funds have seen some wild swings this year, and volatility traders are hedging against even bigger oscillations ahead. Year-to-date, the iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 19.6% and the ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY) advanced [...] Read more at ETFtrends.com.
Fertilizer stocks and agribusiness-related exchange traded funds have made a steep retreat from their mid-April highs as falling crop prices weigh on the sector. Year-to-date, the iShares MSCI Global Agriculture Producers ETF (VEGI) declined 11.9%, VanEck Vectors Agribusiness ETF (MOO) fell 12.6%, and the First Trust Indxx Global Agriculture ETF (FTAG) decreased 7.0%. Shares of [...] Read more at ETFtrends.com.
Asian region-related exchange traded funds are a cheap play for global bargain hunters as valuations for Asia’s equity markets dipped for a third consecutive month in June, touching their lowest level since the start of the COVID-19 pandemic. According to Refinitiv data, the MSCI Asia-Pacific index’s forward 12-month price-to-earnings ratio was at 12.1 as of [...] Read more at ETFtrends.com.
Christopher Waller, a member of the Federal Reserve Board of Governors, is supportive of another 0.75% interest rate increase at the July central bank meeting to aggressively fight inflation, reported the Wall Street Journal. Following the July meeting, the Fed isn’t set to meet again until September. Waller has indicated that a 0.50% rate increase [...] Read more at ETFtrends.com.
VettaFi’s vice chairman Tom Lydon discussed the KFA Mount Lucas Index Strategy ETF (KMLM) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Managed futures have historically been a strategy utilized by hedge funds but there are an increasing number of ETFs that have brought the strategy to the lower [...] Read more at ETFtrends.com.
China country-specific exchange traded funds climbed Thursday on plans to allow local governments to sell special bonds in the second half of the year to bolster infrastructure funding and stimulate a beleaguered economy. On Thursday, the iShares MSCI China ETF (NASDAQ: MCHI) advanced 2.5%, the KraneShares Bosera MSCI China A Share ETF (KBA) rose 1.7%, [...] Read more at ETFtrends.com.