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Assets

FDN

JNK

QTEC

XOP

A screening of mid-cap ETFs revealed that SPDR Bloomberg High Yield Bond ETF (JNK) and First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) added $604.80 million and $325.3 million in AUM respectively, while First Trust Dow Jones Internet Index Fund (FDN) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP) lost $204.74 million and $175.73 million in AUM respectively. JNK offers exposure to corporate junk bonds, QTEC is tech-focused, FDN offers exposure to companies deriving at least half of their revenue from the internet, and XOP offers exposure to the exploration and production sub sector of the domestic oil market.

Portfolio Pulse from Johnny Rice

September 18, 2023 | 10:29 pm

WEC

WEC Energy Group (NYSE:WEC) has outperformed the market over the past 20 years, producing an average annual return of 9.19%. If an investor had bought $100 of WEC stock 20 years ago, it would be worth $578.45 today. The company currently has a market capitalization of $27.34 billion.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 9:30 pm

ECL

Ecolab (NYSE:ECL) has outperformed the market over the past 20 years, producing an average annual return of 10.16%. If an investor had bought $1000 of ECL stock 20 years ago, it would be worth $6,879.84 today. Ecolab currently has a market capitalization of $50.10 billion.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 9:30 pm

DBO

IEO

IEZ

UCO

The U.S. and Iran have completed a prisoner swap, which also unlocked $6 billion in oil funds that the U.S. was holding from Iran. This could potentially lead to improved relations between the two nations and impact the oil sector. The U.S. has agreed to unfreeze $6 billion in Iran's name which was held in South Korea. The money came from the purchase of Iranian oil by South Korea in 2018. The U.S. sanctions that have accumulated since 1979 bar U.S.-based companies from investing in Iran's oil industry. If U.S.-Iran talks improve and the countries return to talks of a new nuclear deal, the U.S. would remove sanctions, potentially impacting oil and energy ETFs such as iShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO), ProShares Ultra Bloomberg Crude Oil (NYSE:UCO), Invesco DB Oil Fund (NYSE:DBO), and iShares US Oil Equipment & Services ETF (NYSE:IEZ).

Portfolio Pulse from Natan Ponieman

September 18, 2023 | 9:23 pm

AVGR

Avinger has reported in a filing that the aggregate market value of its outstanding common stock held by non-affiliates is $9,846,526. This is based on 625,208 shares of outstanding common stock held by non-affiliates as of September 18, 2023, and a price per share of $15.7492.

Portfolio Pulse from Charles Gross

September 18, 2023 | 9:19 pm

NKE

Over the past 20 years, Nike (NYSE:NKE) has outperformed the market by 5.81% on an annualized basis, producing an average annual return of 13.53%. If an investor had bought $100 of NKE stock 20 years ago, it would be worth $1,255.68 today.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 9:00 pm

CMCSA

Comcast (NASDAQ:CMCSA) has outperformed the market over the past 15 years, producing an average annual return of 10.93%. If an investor had bought $100 of CMCSA stock 15 years ago, it would be worth $459.15 today.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 9:00 pm

MMI

Marcus & Millichap's division, IPA, has reported the sale of Aiya, a 360-unit multifamily asset in Gilbert, Arizona for $112 million, or $311,111 per unit.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:59 pm

HCA

HCA Healthcare's short percent of float has risen 6.19% since its last report, with 2.42 million shares sold short, which is 1.2% of all regular shares available for trading. It would take traders 2.53 days to cover their short positions on average. The company's short interest is less than most of its peers, with an average of 5.44%.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 8:45 pm

ICMB

Investcorp Credit Management Bdc, Inc. (ICMB) announced its Q2 2023 financial results, with a net asset value per share of $6.09, a decrease from $6.13 in Q1 2023. The company's board declared a distribution of $0.12 per share and a supplemental distribution of $0.03 per share for Q3 2023. ICMB made investments totaling $15.1 million in new and existing portfolio companies, and realized $8.66 million from one portfolio company. The weighted average yield on debt investments for Q2 was 12.45%, down from 13.36% in Q1.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 8:38 pm