|Bid||201.47 x 800|
|Ask||201.56 x 800|
|Day's Range||199.80 - 202.34|
|52 Week Range||149.00 - 207.57|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-1.20%|
|Beta (5Y Monthly)||0.92|
|Expense Ratio (net)||0.43%|
This article was originally published on ETFTrends.com. Now, some analysts believe dips in managed care stocks could be buying opportunities. IHF is a traditional index fund that targets U.S. equities in the healthcare providers sector.
UnitedHealth Group reported mixed fourth-quarter 2019 results wherein it breezed past the Zacks Consensus Estimate on earnings but lagged on revenues.
The SPDR Health Care ETF (XLV) , the largest healthcare ETF by assets, and rival healthcare have been laggards this year, but in recent weeks, the S&P 500's second-largest sector weight has been finding its groove and a big part of that resurgence has been diminished political risk. Many of the most visible Democratic contenders for that party’s 2020 presidential nomination are embracing Medicare For All. Healthcare stocks, at least for now, have appeared to shake out of the politically-induced doldrums seen earlier this year and XLV’s compelling growth/value mix could prove attractive over the near-term.
Here is a look at the 25 best and 25 worst ETFs from the past trading month. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
Beset by political problems for much of this year, the iShares U.S. Healthcare Providers ETF (IHF) was a laggard ETF in a sector full disappointments. “Shares of major health-insurance firms were rising Monday morning as political developments over the weekend seemed to lessen the chances of Medicare for All being implemented in the near term,” reports Josh Nathan-Kazis for Barron's. IHF has been dogged this year by speculation that Medicare For All could become a reality if Democrats win the White House in 2020.
It was a decent day at the office for at least two of the three major U.S. equity benchmarks, as Wall Street's mindset was afflicted by U.S.-China trade issues. The concern prompted some upside in defensive sectors, sending the S&P 500 up and down throughout the day.Source: FinViz * The S&P 500 rose just 0.05% * The Dow Jones Industrial Average added 0.11% * The Nasdaq Composite tacked on 0.11% * UnitedHealth was among the best-performing companies in the Dow Jones today, climbing 1.3%As has been the case for much of the trade negotiations between the U.S. and China, mixed messages from media outlets made life difficult on traders today. * 7 Strong Retail Stocks to Buy for the 2019 Holiday Season "Word that White House would extend a license to allow U.S. companies to do business with Chinese telecom firm Huawei competed with reports that said Beijing was skeptical about reaching a overarching deal anytime soon," according to Bloomberg.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOther reports went so far as to say that the mood in Beijing regarding a trade deal is "pessimistic." Whether that's accurate remains to be seen, but with few earnings reports of any magnitude left, trade will likely dominate the market's behavior over the next several weeks. Darling DisneyIt's starting to feel like Disney (NYSE:DIS) is making all the right moves and a year-to-date gain of about 32% confirms as much. Up 2% today, Disney stock was again the Dow's best-performing name to start the week.The Disney + streaming service is justifiably commanding plenty of headlines. But Disney is still a powerhouse at the box office. And this was confirmed by the newly released Ford v Ferrari. That movie, starring Matt Damon and Christian Bale, did about $52 million in revenue over the weekend.What's important about that isn't just the revenue tally, but that it was the first real hit delivered by 20th Century Fox since Disney acquired that studio. UnitedHealth Is Getting HealthyAs noted above, UnitedHealth (NYSE:UNH) was the second-best performer in the Dow today behind Disney as the managed care provider jumped 1.3%. Diminishing political risk from Medicare For All appears to be reason behind Monday's rally by UnitedHealth and shares of rival managed care providers."Shares of major health-insurance firms were rising Monday morning as political developments over the weekend seemed to lessen the chances of Medicare for All being implemented in the near term," reports Barron's.I've been beating the drum on Medicare For Risk throughout this year because my pick in InvestorPlace's Best ETFs of 2019 contest was the iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF), in which UnitedHealth is the largest holding.Thanks in large part to UnitedHealth shares being up 10.56% over the past month, IHF is now higher by a respectable 15.53% year-to-date. Marvelous MicrosoftMicrosoft (NASDAQ:MSFT) notched a modest gain today, putting it toward the bottom among the Dow Jones winners. But the technology giant is still on a roll. Much of the bullishness in Microsoft's stock this year is based on its Azure cloud business. This part of MSFT is shaping up to be a significant long-term catalyst for Microsoft investors."In a research note Monday, Stifel Nicolaus analyst Brad Reback notes that Azure is already at a $17 billion annualized revenue run rate--but that businesses that are potential customers are still in the early stages of shifting computing to the could, with less than 10% penetration so far," according to Barron's.Reback forecasts Azure becoming a $90 billion business for Microsoft by fiscal year 2030, up from $12.5 billion in fiscal 2019. * 10 Best High-Growth Stocks to Buy for Young Investors Bottom Line on the Dow Jones TodayGeopolitical risk, including the U.S.-China spat, has been ongoing for much of this year. That creates a level of uncertainty markets usually don't like. However, some market observers believe that tide could turn for the better in 2020 because next year is a presidential election year."Geopolitical risk has been a wildcard for markets this year," said BlackRock in a recent note. "In fact, it is geopolitics that have been an important headwind to an otherwise constructive environment for financial assets: Accommodative monetary policy is in play across multiple geographies, and many of the high-frequency economic indicators we track are pointing to a pick-up in growth. As China and the U.S. could be nearing a two-stage trade deal ahead of the 2020 U.S. electoral process, we see potential for the geopolitical headwind to shift to a tailwind."As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best High-Growth Stocks to Buy for Young Investors * 7 Stocks to Buy With Great Charts * 7 Troubled Dividend Stocks With Yields Too Good to Be True The post Dow Jones Today: The Slow Grind Higher Continues appeared first on InvestorPlace.
The fourth quarter brings strong gains for Wall Street buoyed by easing U.S.-China trade worries, stronger-than-expected corporate earnings and Fed's third rate cut.
The U.S. jobs report was better than expected in October despite the GM strike. These sectors continued the most in job gains, putting the spotlight on these ETFs.
While the healthcare ETFs like the iShares Nasdaq Biotechnology ETF (IBB B+) are pulling back slightly this morning, mainly due to Amgen declining today, despite beating its earnings estimates and raising its full-year guidance, the overall healthcare sector is a top performer for October.
The healthcare sector, which has been the second-worst performer among the 11 major S&P 500 sectors this year, took the center stage this month with some outperformance compared to other sectors.
Sen. Elizabeth Warren (D-MA) is still one of the leading contenders for the 2020 Democratic presidential nomination, but her odds have recently dipped in some prediction markets, providing a boost to the iShares U.S. Healthcare Providers ETF (IHF) in the process. IHF is a traditional index fund that targets U.S. equities in the healthcare providers sector. The fund is up about 3% over the past month, a period that includes an impressive earnings report from UnitedHealth (UNH) , IHF's largest holding.
Healthcare stocks and sector-related exchange traded funds found support from a strong start to the earnings season after UnitedHealth Group (NYSE: UNH) and Johnson & Johnson (NYSE: JNJ) provided a much ...
Down about 3% this year, the iShares U.S. Healthcare Providers ETF (IHF) is a laggard among healthcare ETFs and that's saying something because the sector is one of the worst performers in the S&P 500. IHF is a traditional index fund that targets U.S. equities in the healthcare providers sector. Many of the most visible Democratic contenders for that party’s 2020 presidential nomination are embracing Medicare For All.
The healthcare sector has been struggling this year and those woes are epitomized by managed care providers and ETFs, such as the iShares U.S. Healthcare Providers ETF (IHF) . IHF is a traditional index fund that targets U.S. equities in the healthcare providers sector. IHF has been dogged this year by speculation that Medicare For All could become a reality if Democrats win the White House in 2020.