SOXL, CAAA: Big ETF Outflows
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
ETF Outflows: The First Trust Commercial Mortgage Opportunities ETF experienced the largest outflow, losing 250,000 units, which is a 33.3% decline from the previous week.
Market Performance: In contrast, Proshares Ultra Semiconductors saw a positive performance with an increase of about 5.5% in morning trading.
Analyst Views on CAAA
Wall Street analysts forecast CAAA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CAAA 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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0 Sell
Current: 20.425
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Current: 20.425
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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.
