Streetbeat News

Assets

BBEU

MINT

SMH

XLG

A screening of mid-cap ETFs revealed the largest changes in net assets over the past week. Winners included VanEck Semiconductor ETF (SMH) and PIMCO Enhanced Short Maturity Active ETF (MINT), which added $433.01 million and $432.44 million in net assets respectively. Losers included JPMorgan BetaBuilders Europe ETF (BBEU) and Invesco S&P 500 Top 50 ETF (XLG), which lost $1.72 billion and $319.01 million in net assets respectively.

Portfolio Pulse from Johnny Rice

June 28, 2023 | 8:20 pm

ARKG

ITB

PAVE

XBI

A screening of mid-cap ETFs revealed the largest positive and negative returns of the week. Winners included iShares U.S. Home Construction ETF (ITB) and Global X US Infrastructure Development ETF (PAVE), while losers were ARK Genomic Revolution ETF (ARKG) and SPDR S&P Biotech ETF (XBI). ITB and PAVE saw increases of 4.10% and 2.39% respectively, while ARKG and XBI saw decreases of 5.44% and 5.39% respectively.

Portfolio Pulse from Johnny Rice

June 28, 2023 | 8:16 pm

PLCE

Children's Place (PLCE) anticipates a non-operating charge of $13M-$15M due to strategic actions. The impact of this charge on the company's financials is yet to be determined.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 8:10 pm

CLCO

CoolCo has announced the exercise of a purchase option for two 2-stroke LNG carrier newbuilds under a pre-existing purchase option price of approximately $234 million.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 8:10 pm

BAC

GS

JLL

MS

JLL's Capital Markets group has arranged a $425 million refinancing for Miracle Mile Shops, a 503,484-square-foot entertainment and retail destination located at the center of the Las Vegas Strip. The borrowers are IMI Miracle Mall LLC and IMI Miracle Harmon LLC, indirect subsidiaries of Institutional Mall Investors LLC, a co-investment venture between an affiliate of Miller Capital Advisory, Inc. and California Public Employees' Retirement System. Goldman Sachs served as lead lender, with Bank of America and Morgan Stanley Bank also serving as lenders.

Portfolio Pulse from Happy Mohamed

June 28, 2023 | 8:05 pm

RCL

Over the past 10 years, Royal Caribbean Gr (NYSE:RCL) has outperformed the market by 1.33% on an annualized basis, producing an average annual return of 11.78%. If an investor had bought $1000 of RCL stock 10 years ago, it would be worth $3,018.54 today.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 8:01 pm

PXD

Pioneer Natural Resources (NYSE:PXD) has outperformed the market over the past 20 years by 3.26% on an annualized basis, producing an average annual return of 10.85%. If an investor had bought $100 of PXD stock 20 years ago, it would be worth $784.78 today.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 8:00 pm

RMD

ResMed (NYSE:RMD) has outperformed the market over the past 15 years, producing an average annual return of 17.38%. If an investor had bought $1000 of RMD stock 15 years ago, it would be worth $11,279.75 today. The company currently has a market capitalization of $31.55 billion.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 7:30 pm

RACE

Ferrari (NYSE:RACE) has outperformed the market over the past 5 years by 8.84% on an annualized basis, producing an average annual return of 18.8%. If an investor had bought $100 of RACE stock 5 years ago, it would be worth $234.65 today.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 7:30 pm

ODFL

A significant bearish stance has been taken on Old Dominion Freight Line (NASDAQ:ODFL) by a large investor, as observed from the options history. The overall sentiment of these big-money traders is 80% bearish and 20% bullish. The whales have been targeting a price range from $310.0 to $380.0 for ODFL over the last 3 months. The current price of ODFL is up 2.84% at $369.46. Analysts have mixed opinions with Stephens & Co. and B of A Securities being bullish while Susquehanna and Jefferies are neutral to bearish.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 7:16 pm