Noteworthy ETF Outflows: TECL, AKAM, APH, ANSS
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 20 2024
0mins
Source: NASDAQ.COM
- TECL's Stock Performance: TECL's 52-week range is between $39.03 and $105.9688 per share, with the last trade at $103.14. It is suggested to compare the recent share price to the 200-day moving average for technical analysis.
- Exchange Traded Funds (ETFs): ETFs are traded like stocks but involve buying and selling "units." These units can be traded similarly to stocks and can be created or destroyed based on investor demand, impacting the underlying holdings of the ETF.
- Monitoring ETF Flows: Weekly monitoring of shares outstanding data helps track ETFs experiencing notable inflows (new units created) or outflows (old units destroyed). Creation of new units involves purchasing underlying holdings, while destruction involves selling them.
- Notable Outflows in ETFs: The article mentions 9 other ETFs that experienced significant outflows, indicating a trend in the market.
- Disclaimer: The views and opinions expressed in the content belong to the author and may not necessarily represent those of Nasdaq, Inc.
Analyst Views on APH
Wall Street analysts forecast APH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for APH is 156.91 USD with a low forecast of 115.00 USD and a high forecast of 180.00 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.
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 154.600
Low
115.00
Averages
156.91
High
180.00
Current: 154.600
Low
115.00
Averages
156.91
High
180.00
About APH
Amphenol Corporation is a designer, manufacturer, and marketer of electrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cables. The Company operates through three segments. The Harsh Environment Solutions segment designs, manufactures and markets a range of ruggedized interconnect products and other products for use in the industrial, defense, commercial aerospace, automotive, mobile networks, medical and other markets. Communications Solutions segment designs, manufactures and markets a range of connector and interconnect systems for use in the information technology and data communications, mobile devices, industrial, mobile networks, broadband communications, automotive, commercial aerospace and defense end markets. Its Interconnect and Sensor Systems segment designs, manufactures and markets a range of sensors, sensor-based systems, connectors and value-add interconnect systems.
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.
