Fund BasicsSee More
- Fund Family State Street Global Advisors
- Assets Under Management 43,640,131,200
- Shares Outstanding, K 468,720
- 60-Month Beta 1.39
|Period||Period Low||Period High||Performance|
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+3.24 (+3.68%)since 12/27/22
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+2.29 (+2.57%)since 10/27/22
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+25.32 (+38.42%)since 01/27/22
The energy boom is back, and oil-and-gas industry supplier NOV is capitalizing on the uptrend. The stock's January performance outpaced the broader industry.
Energy behemoth Chevron announced a $75 billion stock buyback program and a dividend hike on Jan 25, 2023.
These sectors are likely to report upbeat revenue growth in the ongoing earnings reporting cycle. Hence, their ETFs should perform better ahead.
Smart Beta ETF report for RYE
Growing concerns over the possibility of a recession due to high inflation and the Fed’s interest rate hikes are expected to keep the stock market under pressure in the near term. Therefore, investors...
Sector ETF report for FXN
The energy sector is bouncing back after a red-hot 2022, with stocks including ConocoPhillips, EOG, HF Sinclair, and Phillips 66 boasting strong price action.
Exxon Mobil is within striking range of clearing a cup-shaped base that began in November. Q4 results on January 31 could be a catalyst for a price move.
Sector ETF report for IYE
Better-than-expected inflation data, and optimism about China, sent oil stocks higher Thursday. The S&P large-cap energy sector was the biggest gainer.
|3rd Resistance Point||94.50|
|2nd Resistance Point||93.78|
|1st Resistance Point||92.51|
|1st Support Level||90.52|
|2nd Support Level||89.80|
|3rd Support Level||88.53|