iShares Select Dividend ETF Experiences Big Outflow
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
- DVY Stock Analysis: DVY's 52-week range is $102.66 to $125.99 per share, with the last trade at $125.48. Comparing the share price to the 200-day moving average is a useful technical analysis technique.
- ETF Trading: Exchange-traded funds (ETFs) trade like stocks, with investors buying and selling "units." These units can be traded back and forth or created/destroyed based on investor demand. Monitoring shares outstanding data weekly helps track notable inflows and outflows in ETFs.
- Impact of Inflows and Outflows: Creation of new units in ETFs requires purchasing underlying holdings, while destruction involves selling them. Large flows can impact the individual components held within ETFs.
- Notable Outflows: The article mentions 9 other ETFs that experienced notable outflows, providing further insights into ETF trading trends.
- Disclaimer: The views and opinions expressed in the content are those of the author and may not necessarily reflect those of Nasdaq, Inc.
Analyst Views on MO
Wall Street analysts forecast MO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MO is 65.60 USD with a low forecast of 57.00 USD and a high forecast of 72.00 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.
6 Analyst Rating
4 Buy
1 Hold
1 Sell
Moderate Buy
Current: 61.080
Low
57.00
Averages
65.60
High
72.00
Current: 61.080
Low
57.00
Averages
65.60
High
72.00
About MO
Altria Group, Inc. operates a portfolio of tobacco products for United States tobacco consumers aged 21+. Its segments include smokeable products and oral tobacco products. The smokeable products segment consists of combustible cigarettes and machine-made large cigars. The oral tobacco products segment includes moist smokeless tobacco (MST) products and oral nicotine pouches. Its wholly owned subsidiaries include manufacturers of both combustible and smoke-free products. In combustibles, it owns Philip Morris USA Inc. (PM USA), and John Middleton Co. (Middleton), which are cigarette manufacturers. Its smoke-free portfolio includes ownership of U.S. Smokeless Tobacco Company LLC (USSTC), a global MST manufacturer, Helix Innovations LLC (Helix), a manufacturer of oral nicotine pouches, and NJOY, LLC (NJOY), an e-vapor manufacturer with a commercialized product portfolio. The brand portfolios of its operating companies include Marlboro, Black & Mild, Copenhagen, Skoal, on! and NJOY.
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.
