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EMXC

PULS

SHYG

XLB

A screening of medium-cap ETFs revealed significant changes in net assets over the past week. PGIM Ultra Short Bond ETF (PULS) and iShares MSCI Emerging Markets ex China ETF (EMXC) saw increases in AUM of $522.56 million and $266.11 million respectively. Meanwhile, Materials Select Sector SPDR Fund (XLB) and iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) lost $504.13 million and $185.87 million in net assets respectively.

Portfolio Pulse from Johnny Rice

August 14, 2023 | 8:16 pm

BIDU

A significant bearish stance on Baidu (NASDAQ:BIDU) has been observed through unusual options activity. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. The whales have been targeting a price range from $125.0 to $165.0 for Baidu over the last 3 months. The price of BIDU is currently down -0.23% at $137.59.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 8:16 pm

COF

A significant amount of unusual options activity has been detected for Capital One Financial (NYSE:COF), with a notably bearish stance. Of the 10 strange trades detected, 80% were bearish and 20% bullish. The total amount for the 6 puts was $220,635 and for the 4 calls was $296,805. Whales have been targeting a price range from $109.0 to $130.0 for Capital One over the last 3 months. The current price of COF is down -1.11% at $109.16. Analysts from Wells Fargo, Piper Sandler, Stephens & Co., and Morgan Stanley have maintained their ratings on COF, with price targets ranging from $80 to $127.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 8:16 pm

LMT

A significant investor has taken a bearish stance on Lockheed Martin (NYSE:LMT), with 75% of recent trades being bearish. The price target range for the company over the last three months has been $420.0 to $500.0. The current price of LMT is down -0.89% at $450.01. Analysts have mixed opinions, with Morgan Stanley downgrading its action to Equal-Weight with a price target of $532, while Citigroup maintains a Buy rating with a price target of $555.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 8:16 pm

CE

GL

Berkshire Hathaway Inc has reduced its share stake in Celanese Corp by 39.2% to 5.4 million shares and in Globe Life Inc by 60.4% to 2.5 million shares.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:15 pm

NOGN

Nogin reported worse-than-expected Q2 financial results and issued FY23 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:15 pm

XP

XP Inc. shares are trading higher following the release of its Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:14 pm

ARKG

KWEB

VDE

XOP

A screening of medium-cap ETFs revealed the largest positive and negative returns of the week. Vanguard Energy ETF (VDE) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP) were winners, with VDE down 3.36% and XOP up 3.17% on the week. Losers included ARK Genomic Revolution ETF (ARKG), down 6.21%, and KraneShares CSI China Internet ETF (KWEB), down 5.82%.

Portfolio Pulse from Johnny Rice

August 14, 2023 | 8:14 pm

VERO

Venus Concept (NASDAQ:VERO) reported Q2 sales of $20.10 million, missing the analyst consensus estimate of $20.67 million by 2.76 percent. This represents a 26.28 percent decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:13 pm

CMPO

CompoSecure (NASDAQ:CMPO) reported Q2 earnings of $0.25 per share, in line with analyst consensus. However, this is a 51.92% decrease from the same period last year. The company's quarterly sales of $98.53M missed the analyst consensus estimate of $100.69M by 2.15%, but it's a 1.37% increase from the same period last year.

Portfolio Pulse from totan@benzinga.com

August 14, 2023 | 8:13 pm