FXI, DVSP: Big ETF Outflows
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
ETF Outflows: The WEBs Defined Volatility SPY ETF experienced the largest outflow, losing 40,000 units, which is a 40.0% decline in outstanding units compared to the previous week.
Market Performance: In contrast, the SPDR S&P 500 saw an increase of approximately 1.8% during morning trading today.
Analyst Views on FXI
Wall Street analysts forecast FXI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FXI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
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Current: 39.480
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Current: 39.480
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
