|Bid||0.00 x 1300|
|Ask||38.88 x 1800|
|Day's Range||38.80 - 39.12|
|52 Week Range||31.73 - 39.48|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||19.81%|
|Beta (3Y Monthly)||1.03|
|Expense Ratio (net)||0.39%|
ATLANTA , May 28, 2019 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) announced today the reorganization of the OppenheimerFunds ETFs into Invesco ETFs. The funds were reorganized as part of the successful ...
Shares of General Electric gained as much as 17 percent on Monday, benefitting exchange-traded funds (ETFs) with the largest holdings of GE after the company reported better-than-expected fourth-quarter earnings. Earnings per share of 17 cents was less than the 22 cents expected, but revenue came in at $33.28 billion versus the expected $32.6 billion Wall Street forecast. Last year, GE shares dropped to their lowest level in close to a decade as it underwent deep regulatory accounting investigations while new CEO Larry Culp struggled to revive the once-heralded corporation.
The Federal Reserve has instituted three interest rate hikes in 2018, and the general consensus reverberating through the markets is that a fourth and final rate hike will cap off the year on Dec. 19. As these factors seep into the markets, a challenge for investors moving forward is locating an investment vehicle that can exhibit sustainable income. Bonds are the default safe-haven investment when U.S. equities go awry, and an appetite for high yield during the bull run was apparent, but they exposed investors to a high degree of downside risk associated with less- than-investment grade debt.