ETFS

California Public Employees Retirement System grew its stake in SiteOne Landscape Supply, Inc. (NYSE:SITE – Get Rating) by 7.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 100,842 shares of the industrial products company’s stock after acquiring an additional 7,175 shares during the period. California Public

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GLOBALFOUNDRIES Inc. (NASDAQ:GFS – Get Rating) shares gapped up prior to trading on Tuesday after Cowen raised their price target on the stock from $75.00 to $80.00. The stock had previously closed at $66.15, but opened at $68.00. Cowen currently has an outperform rating on the stock. GLOBALFOUNDRIES shares last traded at $70.92, with a

Warning: Undefined array key 0 in /home/etfdailynews/public_html/wp-content/themes/responsalambre/functions.php on line 144 wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=240&zc=2″ class=”ff-og-image-inserted”> The market sold off hard this morning after the PPI numbers were released, mudding the waters on whether or not the rally from yesterday and days prior is still in effect. On a 12-month basis, headline PPI increased 6%, still elevated but well

Warning: Undefined array key 0 in /home/etfdailynews/public_html/wp-content/themes/responsalambre/functions.php on line 144 wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=240&zc=2″ class=”ff-og-image-inserted”> The positive inflow of economic data in recent weeks has fostered prospects of a ‘no landing’ scenario where the economy would continue to fly high without experiencing a recession or slowdown. The nation’s hiring has chugged of late, with the Labor Department reporting

Advisors Asset Management Inc. lowered its position in shares of NextEra Energy Partners, LP (NYSE:NEP – Get Rating) by 11.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,450 shares of the solar energy provider’s stock after selling 1,251 shares during

Warning: Undefined array key 0 in /home/etfdailynews/public_html/wp-content/themes/responsalambre/functions.php on line 144 wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=240&zc=2″ class=”ff-og-image-inserted”> Last week’s economic data indicated that the economy is thriving with a robust jobs report and continued wage growth. Following this report, the market is fueled by tighter rate hike fears and expects that the Fed could lift its target interest rate above the projected 5.1%

New York State Common Retirement Fund decreased its holdings in Materion Co. (NYSE:MTRN – Get Rating) by 9.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,412 shares of the basic materials company’s stock after selling 5,818 shares during the

Warning: Undefined array key 0 in /home/etfdailynews/public_html/wp-content/themes/responsalambre/functions.php on line 144 wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=240&zc=2″ class=”ff-og-image-inserted”> Despite dissecting economic data from all releases of varying frequencies, the market is yet to find a direction. Such bizarre circumstances in which good news, such as historically low initial jobless claims, got a volatile reception by investors don’t seem to catch a break

Allianz Asset Management GmbH lessened its stake in Equifax Inc. (NYSE:EFX – Get Rating) by 63.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,223 shares of the credit services provider’s stock after selling 58,543 shares during the quarter. Allianz

The Manufacturers Life Insurance Company lessened its stake in shares of Lyft, Inc. (NASDAQ:LYFT – Get Rating) by 46.1% during the third quarter, HoldingsChannel.com reports. The fund owned 10,654 shares of the ride-sharing company’s stock after selling 9,098 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Lyft were worth $140,000 as of

Malibu Boats (NASDAQ:MBUU – Get Rating) had its price target hoisted by BMO Capital Markets from $76.00 to $80.00 in a research note issued to investors on Wednesday, The Fly reports. The brokerage currently has an outperform rating on the stock. A number of other analysts have also commented on MBUU. StockNews.com raised Malibu Boats

Prudential Financial Inc. raised its holdings in Patrick Industries, Inc. (NASDAQ:PATK – Get Rating) by 40.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 32,341 shares of the construction company’s stock after acquiring an additional 9,365 shares during the period. Prudential Financial Inc.’s holdings in Patrick Industries were worth $1,423,000 as of its

Diodes (NASDAQ:DIOD – Get Rating) had its price target upped by research analysts at Benchmark from $90.00 to $105.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. Benchmark’s target price would suggest a potential upside of 11.80% from the company’s

Warning: Undefined array key 0 in /home/etfdailynews/public_html/wp-content/themes/responsalambre/functions.php on line 144 wp-content/themes/responsalambre/images/image-pending.gif&w=240&h=240&zc=2″ class=”ff-og-image-inserted”> Well Thursday’s trading session brought with it a lot of red. Every sector finished the day down from where we were earlier in the week. This substantial decline came after the SPDR S&P 500 ETF Trust (SPY) neared a high of 420 before losing momentum.