|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||84.44 - 85.33|
|52 Week Range||71.41 - 85.33|
|PE Ratio (TTM)||7.25|
|Beta (3Y Monthly)||0.80|
|Expense Ratio (net)||0.43%|
Despite the momentum in the riskier equity market, exchange traded fund investors continued to favor conservative bets and yield-generating plays. Among the most popular ETF plays of the past week, six ...
Given the bullish fundamentals, we have highlighted a few real estate ETFs that hit new one-year highs and could be excellent picks for investors seeking to benefit from defensive flight and a pause in Fed's tightening policy.
Real estate investment trusts often behave as defensive stock plays, but they've been moving with the broad market, helping those assets become some of the best ETFs.
Bulls versus Bears: Who Will Rule the Stock Markets in 2019?(Continued from Prior Part)Goldman Sachs’ S&P 500 target As of December 14, Goldman Sachs’ (GS) chief equity strategist, David Kostin, expects the S&P 500 (SPY) to reach 3,000 by
The " Fast Money " traders shared their first moves for the market open. Pete Najarian was a buyer of Alibaba BABA . Chris Harvey was a buyer of the Real Estate ETF IYR . Gene Munster was a buyer of Apple AAPL .
Real estate investment trusts (REITs) and the related exchange traded funds, including the iShares US Real Estate ETF (IYR) , are viewed as vulnerable to rising interest rates. The Federal Reserve has boosted rates three times this year and a fourth rate hike is widely expected in December, but some real estate ETFs have been surprisingly solid in recent weeks. IYR is up more than 1% over the past week, but historical data suggest investors may not want to be holding that fund when November arrives.
Ten-year Treasury yields pulled back a bit Thursday, but yields on benchmark government debt hover above 3.10 percent and are up nearly 17 percent year to date, enough to spark a wave of recent outflows from some well-known exchange traded funds (ETFs) spanning multiple asset classes.
In a period of low interest rates, real estate investment trusts (REITs) – a securitized portfolio of properties – offer the great income potential of real estate combined with the liquidity of stocks.
On a historical basis, real estate stocks and the related exchange traded funds are inversely correlated to rising interest rates. IYR, one of the largest ETFs focusing on real estate investment trusts (REITs), is down more than 4% over the past month, a period that includes the Federal Reserve's third interest rate hike of 2018.
The housing market is already feeling the pangs of rising interest rates crimping homebuyer enthusiasm to take on financing to purchase real estate, but these three ETFs are defying the wave of rate hikes ...
The major stock indexes closed mixed Wednesday, with the Nasdaq dropping while the Dow Jones industrial average led the market.
American Tower’s (AMT) back-to-back quarters of upbeat performance have instilled confidence in analysts, which we can see reflected in their ratings. Most analysts remain bullish on the stock with “buy” recommendations. Seven of the 22 analysts covering American Tower have given it “strong buy” ratings, ten have given it “buy” ratings, and the remaining five have given it “hold” ratings.
The price-to-AFFO (price-to-adjusted funds from operations) ratio is considered to be the best multiple for measuring a REIT and finding out where it’s undervalued or overvalued compared to its peers. The ratio’s implications are similar to the implications of the PE ratio.
Crown Castle (CCI) has always aimed to enhance shareholders’ wealth. In doing so, it converted into a REIT on January 1, 2014, distributing 90% of its earnings through dividend payments. The REIT status provides tax savings to cell-tower owners and operators, thereby leaving more funds to distribute to shareholders.
Contributing to the lackluster sales was less supply provided by homebuilders--as such, the sales of newly built homes was 47 percent below the June average. “A portion of last month’s year-over-year sales decline reflects one less business day for deals to be recorded compared with June 2017,” said CoreLogic analyst Andrew LePage. Higher rates equal to higher mortgage payments for a Southern California real estate market that is already pricing out would-be homebuyers.
As the headwinds are likely to continue to dissipate, the potential benefits of real asset investing are coming into clearer focus. Notably, an allocation to real assets can be used to help investors enhance portfolio diversification, gain exposure to global growth, and hedge against the impact of inflation. As the current environment progresses, it is a good time to consider the impact of inflation and an allocation to real assets.
Inflation is something that has not been seen in well over a decade, but the ingredients are there: a strong U.S. economy, unemployment at historic lows, and the recent stimuli of tax reform, deregulation, and government spending, which may not even have fully taken hold yet. Plus, recent indications from the Fed continue to indicate a potentially more aggressive approach to tightening. In developed countries, inflation had languished below the central bank’s target level for many years.