Harbor Capital Advisors Expands Growing ETF Suite; Launches the Harbor AlphaEdge Large Cap-Value ETF and Harbor AlphaEdge Next Generation REITs ETF
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 05 2024
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Source: Newsfilter
New ETF Launches: Harbor Capital Advisors has expanded its AlphaEdge ETFs with the introduction of the Harbor AlphaEdge Large Cap-Value ETF (VLLU) and the Harbor AlphaEdge Next Generation REITs ETF (AREA), following the earlier launch of the AlphaEdge Small Cap Earners ETF (EBIT).
Investment Strategies: The new ETFs utilize proprietary index strategies aimed at identifying opportunities for excess returns, with VLLU focusing on large-cap value stocks and AREA targeting non-traditional REITs to navigate economic trends in commercial real estate.
Analyst Views on EBIT
Wall Street analysts forecast EBIT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EBIT 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.
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Current: 36.079
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Current: 36.079
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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.
