SOXL, BNDS: Big ETF Inflows
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
ETF Inflows: The Infrastructure Capital Bond Income ETF saw the largest increase in inflows, adding 50,000 units for a 40.0% rise in outstanding units.
Market Performance: In morning trading, both the Spdr Bloomberg High Yield Bond ETF and Ishares Iboxx $ High Yield Corporate Bond ETF experienced a slight increase of about 0.3%.
Analyst Views on JNK
Wall Street analysts forecast JNK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JNK 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: 97.860
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Current: 97.860
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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.
