Streetbeat News

Assets

IEV

PJUL

QQQE

USO

Small-cap ETFs PJUL and QQQE have seen significant increases in net assets over the past week, adding $268.7 million and $262.82 million respectively. Conversely, USO and IEV have lost $116.47 million and $110.89 million in net assets respectively over the same period.

Portfolio Pulse from Johnny Rice

July 12, 2023 | 7:56 pm

BLOK

LTPZ

MARA

MSTR

USO

ZROZ

A screening of small-cap ETFs revealed the week's winners and losers. Amplify Transformational Data Sharing ETF (BLOK) and The United States Oil Fund LP (USO) were the winners, with BLOK up 6.55% and USO up 5.74% over the week. The losers were PIMCO 25+ Year Zero Coupon US Treasury Index ETF (ZROZ) and PIMCO 15+ Year US TIPS Index ETF (LTPZ), down 3.69% and 3.34% respectively. BLOK's largest holdings are MicroStrategy Incorporated Class A (MSTR) and Marathon Digital Holdings Inc (MARA).

Portfolio Pulse from Johnny Rice

July 12, 2023 | 7:55 pm

BLOK

LTPZ

USO

ZROZ

A screening of small-cap ETFs revealed the week's winners and losers. Amplify Transformational Data Sharing ETF (BLOK) and The United States Oil Fund LP (USO) had positive returns, with BLOK up 6.55% and USO up 5.74%. BLOK's largest holdings are MicroStrategy Incorporated Class A (MSTR) and Marathon Digital Holdings Inc (MARA). The losers were PIMCO 25+ Year Zero Coupon US Treasury Index ETF (ZROZ) and PIMCO 15+ Year US TIPS Index ETF (LTPZ), down 3.69% and 3.34% respectively.

Portfolio Pulse from Johnny Rice

July 12, 2023 | 7:54 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) is trading lower by 1.6% due to a shift in investor risk perception following a lighter-than-expected June inflation report. Lower inflation may create doubts about the long-term stability and adoption of cryptocurrencies, further impacting the price of Shiba Inu.

Portfolio Pulse from Henry Khederian

July 12, 2023 | 7:44 pm

DOGEUSD

Dogecoin (CRYPTO: DOGE) is trading lower by 1.5% due to a lighter-than-expected June inflation report. Cryptocurrencies, often seen as a hedge against inflation, can see reduced demand when inflation is lower than expected. The U.S. CPI inflation in June decelerated more than anticipated, leading to expectations of a single rate hike by the Federal Reserve.

Portfolio Pulse from Henry Khederian

July 12, 2023 | 7:44 pm

LTCUSD

Litecoin (LTC) is trading lower by 2.52% to $94.60 as stocks rise following a lighter-than-expected June inflation report. Cryptocurrencies like Litecoin, often considered as potential hedges against inflation, may see reduced demand when inflation is lower than expected. The U.S. CPI inflation in June decelerated more than anticipated, reinforcing investor expectations of a single rate hike by the Federal Reserve.

Portfolio Pulse from Henry Khederian

July 12, 2023 | 7:42 pm

PNC

PNC Financial Services Group's (NYSE:PNC) short percent of float has decreased by 4.19% since its last report, with 7.30 million shares sold short, representing 1.83% of all regular shares available for trading. It would take traders 2.65 days on average to cover their short positions. The company's short interest is higher than its peer group average of 0.92%.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:30 pm

STT

State Street's (NYSE:STT) short percent of float has risen 7.78% since its last report, with 5.19 million shares sold short, which is 1.8% of all regular shares available for trading. It would take traders 1.97 days to cover their short positions on average. State Street's peer group average for short interest as a percentage of float is 3.18%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:30 pm

SNPS

Synopsys (NASDAQ:SNPS) has outperformed the market over the past 5 years, producing an average annual return of 36.86%. If an investor had bought $1000 of SNPS stock 5 years ago, it would be worth $4,833.32 today.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:30 pm

IBN

ICICI Bank (NYSE:IBN) has outperformed the market over the past 15 years, producing an average annual return of 10.37%. If an investor had bought $1000 of IBN stock 15 years ago, it would be worth $4,812.24 today.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 7:30 pm